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We all know that studying abroad can benefit your career in a number of ways. However, overseas education costs a fortune, and this cost is bound to increase as you also have to include house bills, utility bills, and the cost of living for it. The cost of studying abroad has to be incurred by you for many years as the duration of an overseas course is generally between 3–5 years. There are also additional daily costs for transportation, food, and entertainment that should be added to the list to get a full picture of what you have to pay for studying abroad. Do not be disheartened by the huge estimated cost as Thomas Cook is here to help you with these high-priced issues.
Thomas Cook is a unique platform where you can find all the helpful solutions that a student needs in order to combat such issues in a foreign nation; starting from our forex products which include our Thomas Cook Forex Card for students to our easy-to-avail money transferring services. Now, take a look at this guide crafted by us that ensures you can pay for a great education abroad to secure your career and life.
FOREX CARDS
Different Thomas Cook Forex Cards are neither credit cards nor debit cards which are usually associated with a bank. These prepaid cards of ours can help the user to make hefty payments without paying a high charge/fee. You can even withdraw cash in foreign currency with zero or bare minimum transaction fees. These forex cards are highly convenient as they are really simple to buy and could be easily replaced when lost or stolen. They also provide a feature of emergency cash which allows the user to withdraw cash up to the available card balance when required.
The forex market keeps on fluctuating every day which makes it extremely difficult to stick to the same conversion rate daily. As it keeps on changing every single day, and sometimes even every single hour, making the exchange tends to become extremely costly. On top of that, hefty amounts will be added by money exchange platforms, inflating the rate even higher. Both these problems could be solved by using Thomas Cook’s Forex Card for students.
Abroad education comes with its high additional costs. So, it is only logical to save money while one can, and this card can easily help you do that. Our Student Forex Card allows you to fill the card with your home currency and later use it to withdraw in foreign cash with a bare minimum fee.
You will be saved from currency fluctuation by loading your funds in advance on this card. The exchange rate on the date of loading will only be taken into consideration. You can load your card anytime from anywhere in your home currency and could use it anytime with zero maintenance charges.
No need to worry about paying a different exchange rate every time you purchase or withdraw cash. Thomas cook’s forex cards are also CHIP and PIN protected for added security and could be borderless, meaning they could be used in a number of countries.
Our forex cards are a more cost-effective option. Other methods of exchange can easily cost 6 to 7 percent extra on the exchange rate. So, it will cost you 7 percent more every time you exchange or spend your money abroad for any type of transaction. You do not have to worry about this when using our Forex Cards designed for students studying abroad.
Our Student forex cards can be used for a variety of purchases including:
- Transportation
Transportation cost is avoidable when you are studying and living abroad. Use your Forex Card to withdraw cash from any ATMs (VISA/VISA Plus/MasterCard) overseas with no withdrawal charges.
- Grocery shopping
You can’t always dine out as it is not healthy and also not budget-friendly when you are trying to save money. So, you need to frequently shop for groceries to cook and eat at home. You can easily shop for groceries by using your student forex card.
- Entertainment
You will be living there for quite some time and a source of entertainment becomes mandatory. You can easily explore what the new place has to offer by using your forex card without any hassle while saving some money on the side.
- Shopping
When starting a new chapter in your life, you may want to accessorize. Besides, you also need to buy things like a laptop or books for your overseas courses as well. Student forex cards will help you get through all your needs whether they be small like clips and water bottles or expensive student accessories like a laptop bag.
So, you can see that with Thomas Cook Forex Cards for students, you can manage and save on your total cost of living and necessary expenses for educational purposes and more. So, in a way, you will be free from the certain financial burdens associated with overseas education. Thus, you can handle your educational expenses better and thereby pay seamlessly for a great education.
Easy Remittance Process
Online remittance service or money transfer can be considered the need of the hour for all students studying abroad.
Without leaving the house, your loved ones can transfer money for your overseas education with ease. They can select the currency for the outward remittance and track the money every step of the way until it reaches you. The whole remittance process can be done online in 4 simple steps in a short span of time.
Besides a hassle-free and quick forex remittance process, you can expect the following help for students as well:
- Student Travel Insurance
Most people don’t like the idea of travel insurance and consider it worthless or menial. But in reality, it is one of the best things you should apply for as you have no idea about the problems one can face in the near future while traveling. Thomas Cook’s Student travel insurance provides many different services. It makes sure that you will be covered under its scheme in case your luggage or passport gets lost, or if you suffer from a personal accident and such other scenarios. Student travel insurance is worth the investment as it provides the potential to recover hundreds and thousands of bucks during a worst-case scenario.
- Overseas Student Health Coverage
Healthcare is one of the most important aspects when studying abroad, especially in a country where you are not accustomed to its season and delicacies which could put a toll on your health. With the Student Elite plan, you can expect medical and hospitalization assistance in the form of coverage of your medical bill, compensation for the tuition fee, and other such cases.
To Conclude
Now you can see that we, at Thomas Cook, have come up with simple forex solutions that can help you to manage your finances better when studying abroad. Besides providing relief from financial burdens, you will have enough money saved to pay for your overseas courses and receive a great education that will shape your future. For more information on education abroad, a number of articles that can possibly help in solving all your major queries including immigration to a foreign country for further studies have been included as well. So, do browse further and contact us for more information as we are here to guide you every step of the way!
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