Under 18's Travel Money Card
Getting access to your money when travelling can be tricky and you'll find that it can come with unwelcome, additional charges. Foreign cash machines will usually request a fee and although initially, it may not seem like a large amount, when you tally up all of your transactions you could lose a lot of money without realising it. If you're a parent of a child under the age of 18 that is travelling, this process becomes even more tricky. It's not recommended to carry large amounts of cash and credit/debit cards aren't an option. This is where travel money cards can be a really good fit.
How does a travel money card work?
A money card works similar to a debit card, without the same bank rules and regulations. They are amazingly simple to use, all you have to do is to make sure you remember to load it up with funds before your trip. Some providers will allow you to do this instantly via a website or App. Travel money cards are great for under 18's and can be used all over the world for things like:
- Paying for goods online
- Taking out foreign cash
- Making purchases in shops or restaurants
Travel money for under 18s
Travel money card providers such as Fairfx will allow your child to make purchases anywhere around the globe that accepts Mastercard. A little closer to home, the Fairfx card can be used in the UK without charge, so it can be a great introduction to money management. It's also important to prepare for any incidents abroad, including illness or lost luggage, which, unfortunately, is still an issue across airports all over the world. If your child is travelling alone, taking out comprehensive children's travel insurance will certainly help to reduce stress levels and put your mind at ease.
If you found the tips and insights into under-18's travel insurance useful, then check out our other helpful articles on travelling as an under-18.
- Top 5 destinations for Solo Under 18 Travellers
- Using Your Electrics Abroad
- How To Save For Your Trip as an Under 18 Solo Traveller
- Is Couch-surfing Recommended for Under-18 Travellers?
- Under 18 solo travelling: Convincing your parents to let you travel
- Can you fly alone under 18 years of age?
- Travel insurance for under-18s
- Interrail travel insurance
Holiday Extras Travel Insurance is sold and administered by Holiday Extras Cover Limited who are authorised and regulated by the Financial Conduct Authority under registration number 828848.
Holiday Extras™ is a Trading Name of Holiday Extras Cover Limited
Holiday Extras Travel Insurance is provided by Taurus Insurance Services, an insurance intermediary licenced and authorised in Gibraltar by the Financial Services Commission under Permission Number 5566 and authorised to passport general insurance intermediary services into the UK and registered with the Financial Conduct Authority in the UK under registration number 444830.
The insurance is underwritten by Great Lakes Insurance SE. Great Lakes Insurance SE is a German insurance company with its headquarters at Königinstrasse 107, 80802 Munich. UK Branch office: 10 Fenchurch Avenue, London, EC3M 5BN, company number SE000083. Great Lakes Insurance SE, UK Branch, is authorised and regulated by Bundesanstalt für Finanzdienstleistungsaufsicht. Deemed authorised by the Prudential Regulation Authority. Firm Reference Number: 769884. Subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. Details of the Temporary Permissions Regime, which allows EEA-based firms to operate in the UK for a limited period while seeking full authorisation, are available on the Financial Conduct Authority’s website.