Protect yourself with a good exchange rate

With the pound on a 10 month-high against the dollar, holidaymakers travelling to the States are being urged to consider fixing their currency exchange rate now. Over recent weeks, sterling has surged on the back of good economic news, including soaring shares and bank profits.

A prepaid card is a good option for those wanting to take advantage of the good exchange rate. When you load a prepaid card, you lock into the rate you buy at, so there is no need to worry about currency volatility. They also offer significant savings over conventional means of payment abroad, such as debit or credit cards, and provide a much better rate of exchange than buying cash.

With no monthly fee, no application fee, no transaction fee for purchases in shops and no ATM withdrawal fee, Caxton FX offer the best value prepaid card. Available in Euros, sterling and dollars, the Caxton prepaid cards also offer a best-exchange-rate guarantee -if you find a cheaper rate elsewhere, they will refund the difference.

James Hickman, Managing Director of Caxton FX, says, "Buying currency on a prepaid card is a great budgetary tool. Travellers looking to take advantage of the pound's 10 month high against the dollar can fix at today's exchange rate. If you're concerned about sterling falling again, a prepaid card is a great way to protect yourself."

For more information, visit caxtonfx.com