Prepaid/Travel Cards - MS In Canada
Prepaid/Travel Cards - MS in Canada
Prepaid/Travel cards are generally used in paying for necessary expenses when travelling across countries. They are pre-loaded with the money you put into them. Prepaid/travel cards can be used as the regular regional currency of Canada and has several advantages. It is wise to have a prepaid or a travel card before you travel to Canada.
Table of contents
Typical time required: 1-3 days
Here are a few reasons why you need to get a prepaid card:
- Your initial expenses in Canada will undoubtedly amount to a large sum. You will have to pay for you rent, food, travelling, and other basic expenses, but your bank account might have certain limitations on the amount of cash you can initially withdraw. Thus, we strongly recommend that you carry your money in a prepaid/travel card as it is safer and more convenient than carrying large amounts of hard cash around with you.
- Prepaid/travel cards will aid you with your everyday expenditures until you have your Canadian bank’s debit card. It can be used at any place having electronic payment counters (buses, restaurants, etc.) without any additional service fee.
There are many services/offers you can go for, but we would recommend the prepaid/travel cards offered by Thomas Cook or Cox & Kings. The instructions for buying and recharging a prepaid/travel card is relatively simple. It is also PIN protected. You can check the remaining amount in your card online. These prepaid/travel cards work for almost all online payments.
Required documents
- Passport
- PAN Card or Aadhar Card
- Canadian Visa (occasionally required)
Step by step guide
- Step I: Click on either of the links given above and submit your personal details. You will be called by the representatives of your chosen service provider.
- Step II: Ask them the best exchange rate they can offer. Sometimes a negotiation can be discussed.
- Step III: The representatives might visit your residence to collect all required records and documents, or you may be asked to go to their nearest branch. Once all your documents have been submitted, you will get the travel card mostly on the same day.
- Step III: The representatives might visit your residence to collect all required records and documents, or you may be asked to go to their nearest branch. Once all your documents have been submitted, you will get the travel card mostly on the same day.
- Step V: You need to transfer the money worth $XXX + Service Fee.
- Step VI: Your prepaid/travel card will be activated within the 24 hours of money transfer.
- Step VII: Make a transaction with the card before you leave, and report immediately if you face any issue.
