The card can be pre-loaded with Euros or Pounds to make transactions easier for Americans visiting Europe.
The Travelex Cash Passport is a convenient option for American travelers. This pre-paid card can be loaded with Euros or Pounds and then used at ATMs, shops and restaurants. This reduces the risk of incompatible ATMs, card rejections, exchange-rate fluctuations and also the threat of identity theft, as these cards aren’t connected to your bank account so they don’t contain any personal information. They are chip & PIN enabled, signature protected and there is 24/7 global emergency assistance available in case you need emergency funding or a replacement card.
Travelex doesn’t charge for balance inquires, ATM withdrawals or cash-back from in-store purchases. When you get back from your trip, you can unload the remaining balance by transferring it to your personal bank account or receiving a personal check. The Cash Passport seems like a smart and easy way to make payments throughout Europe.