The best prepaid travel card with no foreign transaction fee is the KAIKU Visa Prepaid Card. It does not charge an activation fee, either, and you can avoid certain other fees if you load a minimum amount to the card every month and use the card at in-network ATMs.
While the KAIKU Visa Prepaid Card spares you from both a foreign transaction fee and an activation fee, you will have to pay a surcharge if you reload cash to the card. The reloading fee is listed as a range, and the actual cost will vary depending on the merchant you use to reload your card.
A prepaid travel card, also known as a travel money card, is not linked to your bank account, so you can only spend up to the amount you load onto the card. Once you get a prepaid travel card, you can use it to make purchases anywhere the card’s network is accepted.
International prepaid credit cards don’t exist. “Prepaid credit card” is made-up term that is sometimes used by prepaid card issuers for marketing purposes. You aren’t extended a line of credit with a prepaid card; it’s more like you are using a debit card without the associated bank account. As long as your prepaid card bears the MasterCard or Visa logo and you notify your issuer of your travel plans, you should be able to use it abroad and it is an “international prepaid card.”… read full answer
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