PROTECT GAP YEAR TRAVELS WITH A PREPAID CARD Tuesday 18 August 2015 PDF Print Travel light with the ICE Travellers Cashcard iceplc.com Along with clean underwear and first aid kit, parents preparing to send their kids off on a gap year may want to consider packing a prepaid currency card such as the ICE Travellers Cashcard from travel money expert, ICE – International Currency Exchange. With the average cost of a gap year being between £3,000 and £4,000(1), including flights, accommodation and food, prepaid currency cards offer a more secure way to take money abroad than carrying cash. A pin-protected prepaid currency card not only helps young adults budget, as unlike credit cards, you can only spend what’s on the card, but also allows parents to top up the card from the comfort of home if funds run dry. The ICE Travellers Cashcard comes with two free Family cards for a son or daughter to take abroad and card holders are provided with an emergency back-up card, so if a card is ever lost or stolen, there’s no delay in access to funds. “Part of the learning experience from gap years can come from them being on a shoestring, necessitating careful budgeting. Prepaid cards can make this easier as they simply hold the funds loaded to the card, reducing the temptation to be slapdash with cash. It’s important when choosing a prepaid card to check whether you get Family Cards and an emergency backup card for free, and to be aware of any additional charges there might be; account inactivity, for example”, says Koko Sarkari, COO for ICE. Key benefits of the ICE Travellers Cashcard such as 1.5% cashback on all purchases of £50/$50/€50(2) or more, and free cash withdrawals from ATMs abroad (3) mean that cash is accessible without the worry of an accumulation of huge debts – other than to the bank of mum and dad! Cardholders also enjoy a range of discounts to help budgets go further including car hire, hotels, airport parking and airport lounge access (4). (1)http://www.moneysupermarket.com/c/news/money-tips-for-gap-ye... (2) On all purchases of £50/$50/€50 (3)Some ATM operators and merchants may charge a fee or set their own limits (4) https://www.iceplc.com/prepaid-currency-card/cardholder-extr... 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 £7001 • 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 rate5 • 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 • 30% discount at Holiday Inn® and Holiday Inn Express® Hotels in the UK and Europe • Up to 15%* off with Holiday Extras - • Airport Parking – Up to 15% off discount • Airport Hotels and Hotel Parking – 10% discount • Airport Lounges – 10% discount • Up to 10% discount on over 4,000 locations across 105 countries worldwide, with Sixt rent a car and Sixt rent a truck. 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 $100/€100, 7 days from the date of the last top up 6 The card cannot be used for participating in online gaming websites, at casinos or other gambling institutes, or to make regular money transfers Ends August 2015 For further press information please contact the ICE Press Office at HSL – Parm Heer, or Alison Reeson on 020 8977 9132. email@example.com Notes to editors International Currency Exchange (ICE) has been providing retail foreign exchange for over 40 years and today has over 400 locations in 20 countries, on four continents, conducting one transaction every 6 seconds. Through its retail network, ICE offers a wide range of products and services to support the travelling public’s requirements, including foreign currency and phone cards. ICE’s online products include commission free secure next day home delivery currency and the ICE Travellers Cashcard, an innovative prepaid MasterCard® in £, € or US$, 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, Home & Garden, Personal Finance, Travel, for more information visit http://pressreleasewire.responsesource.com/about.