5 Things You Need to Know About Student Travel Card

If you’re planning on diving into the academic world of opportunities in countries like Canada, the UK, the USA, Australia, or any other place of your choice, then you must be frantically hunting for a good travel card for students that can ease your studies abroad. Forex cards for students are an essential weapon in the preparation of the journey towards fulfilling your dreams of studying in a new country. Thomas Cook understands the desires and concerns of both students and parents and is here to help you learn some important aspects of student travel cards.

What is a Student Travel Card

In education forex, a forex card for international students is a type of payment card that allows students to make transactions in foreign currencies while travelling abroad. It is a convenient and secure alternative to carrying currency notes or using credit or debit cards while travelling internationally. So, if you’re an anxious parent or an excited student searching for security and convenience in one place, then you have landed on the right page.

To help achieve every learner’s aspirations, forex cards for students provide several benefits and can help save plenty of time and money.

The Five Benefits of a Student Travel Card

The five important benefits of using a student forex card that you should know include:

Security

Forex cards are more secure than carrying cash, as they can be easily replaced if lost or stolen and can be blocked instantly. Travelling abroad often invites doubts and questions over the security of our money, but living outside while studying is a completely different scenario that brings its own set of challenges. Since it can be difficult to open a bank account or get a local credit card in a foreign country, getting forex cards can prove to be an excellent choice for students living abroad. It provides a secure and convenient means of managing finances.

Thomas Cook’s international travel card ensures utmost security and safeguards you from inflated and hefty currency conversion charges. The card is PIN protected and is independent of your bank account. This eliminates the possibility of your bank account encountering any harmful circumstances. With Thomas Cook’s forex cards, students can enable and set their own spending limits for the card and receive real-time transactional alerts via SMS and E-Mail.

Convenience   

Forex cards can be used at ATMs and merchant outlets for making payments just like a credit or debit card. They are a secure way of carrying foreign currency as it offers students the convenience of not having to carry large amounts of cash whenever they commute or go out to shop. It can be used to make purchases or withdraw cash from ATMs in the local currency of the country you are staying, without the need to constantly convert your home currency to the local currency.

Thomas Cook can help you get your student travel card to safely handle all your expenses abroad. By providing a secure form of payment, Thomas Cook’s international travel card ensures that you get a free replacement when your card gets lost or stolen. The card is quick and easy to buy and reload. There’s no surcharge at ATMs across AllPoint Network and you can get your forex card delivered to your doorstep as early as 2 hours.  

Better Exchange Rate

Forex cards are a popular and convenient option for international students when travelling abroad. They offer a more favourable exchange rate than other options such as currency notes or credit cards. Forex cards often have lower fees compared to other methods of carrying foreign currency, such as currency exchange or credit card fees. This makes forex cards for international students a cost-effective and convenient way to purchase goods in foreign countries.

With Thomas Cook, you get better exchange rates and the prepaid forex cards allow you to load the funds in advance, giving you the ability to lock in your conversion rate. This means that you can buy foreign currency at the current exchange rate and use it later, even if the exchange rate has changed. This can help you to avoid the risk of currency fluctuations and ensure that you get the best possible exchange rate. At Thomas Cook, you can buy foreign exchange in multiple forms including Currency Notes, One-Currency Card, and Multi-Currency Card.

Budgeting

Forex cards can be loaded with a specific amount of foreign currency, which can help students budget their expenses while studying abroad. As mentioned earlier, forex cards offer more favourable exchange rates compared to other options such as currency notes or credit cards. This means that students can get more foreign currency for their money, which can help them stretch their budget further.

With Thomas Cook, forex cards can be a budget-friendly option for international students studying abroad. By offering more favourable exchange rates, lower fees, and easy budget tracking, Thomas Cook’s travel card for students can help you manage your finances and stay on budget while studying abroad. You can check your balance, and statement, change your PIN and block your card on our website or mobile app.

Multi-currency

Multi-currency card can be used in multiple countries, hence making them very useful for students who are visiting more than one country. For example, a student studying abroad in Europe may have to travel to multiple countries for their studies, and with a multi-currency card, they can easily load the currency of each country they are visiting and use the card to make purchases and withdraw cash without having to worry about exchange rates or foreign transaction fees. This can save them a lot of time and money and also eliminates the hassle of carrying large amounts of cash or multiple credit or debit cards.

With Thomas Cook’s forex cards for students, you can withdraw local currency from over two million MasterCard ATMs & three million Visa ATMs worldwide. This will reduce the anxious dark clouds hovering over your head. With our laser-sharp focus on forex, we strive hard to serve our customers accordingly. We offer a variety of options for purchasing foreign currency, including both one-currency cards and multi-currency cards. You can utilise the multi-currency card to load multiple currencies on the same card and swiftly handle all your expenses.   

How to Get a Student Travel Card

Buying a forex card for international students may sound daunting, but do not worry, we are here to guide you. With Thomas Cook, you can securely order and receive your forex card by following four simple steps.

• Step 1: Select the desired currency and denomination of the country you’ll be studying in.
• Step 2: Enter your personal information and pick a delivery option for your currency (either delivered to your door or picked up at a branch).
• Step 3: Pay using various options such as debit, credit, and online banking.
• Step 4: Receive a receipt of your completed forex order at a locked-in rate.

Congratulations! You have successfully finished the process. The forex card will be delivered to your home soon.