Get Euro Security Savvy says ICE Wednesday 8 July 2015 PDF Print Get Euro Security Savvy says ICE www.iceplc.com Following the outcome of the Greek referendum and renewed advice from the UK Government to take enough cash to Greece to cover all costs*, travel money expert, ICE – International Currency Exchange offers its tips for getting the best deals on Euros orders of over £1000 and keeping money safe and secure. Koko Sarkari, COO of ICE said: “Currently it would appear that foreign cards can still be used at ATMs to withdraw up to 600 Euros** and are accepted in shops and restaurants in Greece – at the discretion of the business. As long as this remains the case we would recommend predominantly taking cash and a prepaid currency card as a backup - particularly to be used at larger reputable organisations, such as hotels, who would still continue to accept cards. However, with fears of ATMs running out of cash holidaymakers may want to heed the Chancellor’s advice*** and take as much cash as they think they will need. “We would therefore suggest taking some sensible security precautions. For a start, consider having your currency delivered to home – you might also get a better rate as online rates tend to be more competitive****. Orders over £700 are postage free and orders of £1000 or more are guaranteed next day delivery. “ICE is currently offering 1.388 Euros to the Pound online, compared to 1.224 this time last year***** - that’s 164 extra Euros on a £1000 order, equivalent to £118.15 – and if you find a better rate online for an order of £1000 or over, we guarantee to beat it. “Alternatively, pick up your Euros over the course of a few days or weeks rather than all in one go. Use services such as Click & Collect from ICE that offer you the best rate on the day without any upfront costs. These rates can sometimes beat online rates******. If you commute into London, you can also access Euros from ATMs throughout the London Underground. “On route to the destination, we would recommend that families divide up cash between them so that if cash is lost, it is not the whole amount. Check the amount of cash covered by a travel insurance policy – if there’s an option to increase the limit, it might be worth considering. At the destination, use in-room safes to store your cash rather than carrying too much around each day. Food and drink in your accommodation can be put ‘on the tab’ so that you can pay in one go at the end of the holiday. “If Greece does exit the Euro, this won’t be effective immediately, the process will take a considerable amount of time to happen so travellers should not be fearful of being stuck with currency they can’t spend.” Ends July 2015 *https://www.gov.uk/government/speeches/chancellors-statement... **https://www.gov.uk/government/speeches/chancellors-statement... ***https://www.gov.uk/government/speeches/chancellors-statement... ****http://www.which.co.uk/home-and-garden/leisure/guides/travel... *****Rates from ICEplc.com June 2014/2015 ******ICEplc.com Click and Collect rates 30.06.15 Key Benefits of the ICE Travellers Cashcard|iceplc.com/cashcard • 1.5% cashback on all purchases made of £50/$50/€50 or more on the respective cards • No commission • Free to obtain if the initial load is £700 or more. £4.75 if the initial load is less than £700(1) • Free cash withdrawals from ATMs (2) • Free backup card in case of loss/theft • Free supplementary Family Cards for up to 2 family members • Free to top-up the Euro and US Dollar cards (3) • Free balance enquiries either online or at ATMs (4) • Free 7 day same rate buy-back guarantee – funds can be converted back to sterling at the same exchange rate(5) • No penalty fees, e.g. no charge if you fail to use your card for long periods of time and if you lose your card and need a replacement ICE will replace it for free • Accepted wherever the MasterCard® Acceptance Mark is displayed (6) • Free Annual Membership of Dragonpass, the premium global lounge provider when you load the card with £1000 or more • Free membership of Gourmet Society offering 50% off or 2 for 1 at over 6,500 restaurants nationwide 1 There is a Top Up fee of 2.85% for sterling card. Top ups made by credit card incur a fee 2% 2 Some ATM operators and merchants may charge a fee or set their own limits 3 A 2% fee will be levied if topping-up with a credit card 4 Some ATM operators may levy their own charge for checking account balances 5 Up to $100/€100, 7 days from the date of the last top up 6 The card cannot be used for participating in online gaming websites, at casinos or other gambling institutes, or to make regular money transfers For further press information please contact the ICE Press Office at HSL – Parm Heer, Laura Welsh or Alison Reeson on 020 8977 9132 or firstname.lastname@example.org Notes to editors International Currency Exchange (ICE) has been providing retail foreign exchange for over 40 years and today has over 400 locations in 20 countries, on four continents, conducting one transaction every 6 seconds. Through its retail network, ICE offers a wide range of products and services to support the travelling public’s requirements, including foreign currency and phonecards. ICE’s online products include commission free secure next day home delivery currency and the ICE Travellers Cashcard, an innovative prepaid MasterCard® in £, € or US$, which can be loaded with holiday spending money before travelling, allowing levels of convenience that are similar to using a bank debit or credit card, but without the risks and charges sometimes associated. Find ICE on Facebook /iceplc and follow them on Twitter @icetravelmoney|iceplc.com The ICE Travellers Cashcard has been recognised in the following awards: PayBefore 2015 Europe: Winner Best Travel Companion Moneyfacts 4 & 5 Star Rating in Moneyfacts Annual Credit Card & Pre Paid Card Star Ratings, as per below: • ICE Travellers Cashcard Euro Travel Card 5 • ICE Travellers Cashcard Dollar Travel Card 5 • ICE Travellers Cashcard Sterling Travel Card 4 Prepaid365 2014: • Best Free Prepaid Card - ICE Travellers Cashcard - Winner • Best Incentives/Rewards Prepaid Card - ICE Travellers Cashcard - Runner Up • Best Prepaid Card Website Design - ICE Travellers Cashcard - Runner Up R. Raphael & Sons plc (Raphaels Bank) is the issuer of the ICE Travellers Cashcard and is a Bank authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority, registration number 161302 and is permitted to issue e-money. Head office and registered office at 19-21 Shaftesbury Ave, London W1D 7ED, company registration number 01288938. Raphaels Bank is a leading issuer of prepaid cards in Europe with over 5 million cards issued through 21 partners across 14 European Countries with over 180 programmes ranging from gift cards to full Chip & PIN cards to mobile technology payment solutions|raphaelsbank.com Payment Card Technologies (PCT) is the programme manager for the ICE Travellers Cashcard. A leading programme manager in Europe providing full debit and prepaid solutions from MasterCard and Visa, PCT is owned by Lenlyn Holdings plc and is a sister company to Raphaels Bank. PCT provides one of the most robust, reloadable prepaid card systems available in the market, offering customised and flexible prepaid card solutions to retailers, online merchants, large and small corporations operating in a fast moving, dynamic and global industry as well as driving emerging payment innovation with payment account platform.|paymentct.com This press release was distributed by ResponseSource Press Release Wire on behalf of Harrison Sadler in the following categories: Men's Interest, Women's Interest & Beauty, Personal Finance, Travel, for more information visit http://pressreleasewire.responsesource.com/about.