My Travel Cash

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'Jingle' All The Way With My Travel Cash

Britons could collectively pocket just under £9m this Christmas in cashback rewards

Britons who travel abroad or visit overseas websites for their Christmas shopping needs could pocket an accumulative £8.6m as my Travel Cash – the prepaid MasterCard® currency card – gives its customers the gift of cashback.

my Travel Cash recently added a fantastic reward for all customers – 1% unlimited cashback on everything purchased, paid directly to the prepaid card account the following month after it has been used.

Research from Santander shows that the average Briton will spend £359 on Christmas presents, with 4.2 million spending 23% of their budget abroad and a further 4.2 million spending 35% of their Christmas budget on overseas websites[i] – collectively amounting to £8.6m in cashback rewards should they all use a my Travel Cash currency card.[ii]

As purchases made in cards' currency are also free[iii], shopaholics can feel confident when playing Santa for their loved ones this Christmas. The cashback earned is only limited by how much the cardholder spends – no hidden tricks or complicated rules just great value, commission-free rewards, back on the card in time for mid-term break in the sun.

Myles Stephenson, CEO my Travel Cash, comments:

"More and more people are heading abroad to European Christmas markets or further afield to New York or L.A. There is also a large percentage of the population who purchase from overseas websites.

"For both types of customers, my Travel Cash not only offers a competitive exchange rate but we go that bit further to ensure our customers are rewarded. We introduced the 1% cashback this summer and it is now a permanent feature on our cards. Additionally, we have also scrapped ATM withdrawal fees on all three of our cards[iv], and to top it off, our customers aren't charged  any commission either."

my Travel Cash (www.mytravelcash.com) offers three prepaid MasterCard cards in Multi-Currency (Sterling), Euros and US Dollars. The cards work like a pay-as-you-go mobile phone, you load them with money before you travel and top them up when needed, meaning you only spend what you load – great if you need to stick to a budget when abroad.

The Express Delivery option means you can get yours in time for your trip, unlike other prepaid currency card providers that can take between 5-10 working days. Order your prepaid card and take advantage of the competitive exchange rates at www.mytravelcash.com. Then, simply take it with you when you go.

Designed to be a cheap alternative to using normal credit or debit cards abroad, very competitive exchange rates and 0% commission on orders and top ups. The cards also benefit from Chip & PIN protection and no link to your bank account.

The Express Delivery option allows cards to be delivered in just 2 working days and is free for orders over £700.  Visit www.mytravelcash.com for information about terms, fees or to order a card by completing the quick order process.  The commission-free cards can be used at over 32 million merchants and any of the 1.5 million ATMs worldwide that display the MasterCard Acceptance Mark. my Travel Cash also offers a currency home delivery service.

MasterCard® is a registered trademark of MasterCard International Incorporated. The my Travel Cash prepaid MasterCard is issued by Newcastle Building Society ("NBS") pursuant to license by MasterCard International Inc. NBS is authorised & regulated by the Financial Services Authority as an issuer of e-money (registration no 156058).

About Newcastle Building Society Card Solutions
Card Solutions offers BIN sponsorship, card issuance, settlement services and complete regulatory compliance. It is currently ranked as the largest provider in UK and Europe by MasterCard on monies settled, and seventh globally on MasterCard prepaid network, with over 200 live schemes. It has over 1.4 million of its issued cards active month on month settling over $1.9 billion annually. The Society is a MasterCard Principal Member, with the most MasterCard approved prepaid programmes in the UK.

[i] http://money.uk.msn.com/news/money-news/articles.aspx?cp-documentid=155444402

[ii] based on the Euro card being used for Euro transactions and the US Dollar card for US Dollar transactions. All cards incur a 2.99% foreign exchange fee for transactions not in the card's currency. The Multi-currency card incurs a 2.99% transaction fee for all transactions made in GBP.

[iii] Euro and US Dollar card only

[iv] Whilst my Travel Cash doesn't impose any ATM fees, some ATMs and banks may impose their own surcharge fee.

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