LovesTheTeam.com

A multicurrency card is one plastica card to which several additional accounts are linked in different currencies. The most common use of such cards: rubles / euros, rubles / dollars, rubles / dollars / euros.

In appearance and performed functions they do not differ from ruble ones. Multicurrency cards are used to accumulate funds, pay for various goods. Such cards can be debit and credit.

Pros:

• Annual card service. There is no need to pay multiple cards in different currencies.
• When paying with a card in foreign currency, you can save on converting. Binding the card to the right currency at once allows you to write off the money immediately from the currency account.
• Such a card is convenient in order to exchange currency, there is no need to visit the bank, it can be done through Internet banking or ATM.

Minuses:

• If you have performed an operation in another foreign currency, the account of which is not open to you (for example, in Chinese yuan), then it will be necessary to convert the currency.
• If the cash outflow in one currency runs out during the calculation, there will automatically be a write-off from another currency account.
• Such a card in use will not be convenient for everyone, but only for those who often travel abroad.