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Travelex and MasterCard simplify international travel

Launch promotion offers American travelers chance to win one million miles

NEW YORK – Travelex, the world’s leading foreign exchange provider, has joined with MasterCard and Access Prepaid to introduce a convenient new tool for international travelerswith the launch of the new Multi-Currency Cash Passport Prepaid MasterCard. To celebrate the launch, consumers have the chance of a lifetime to win one million airline miles.

The new travel money card is the first of its kind available in the U.S. and can carry up to five foreign currencies simultaneously, including British Pounds (GBP), Euros (EUR), Canadian Dollars (CAD), Australian Dollars (AUD), Japanese Yen (JPY)

“This new program helps provide our cardholders greater peace of mind as they plan travel across North America or around the globe,” said Michael Weitzman, Group Executive, U.S. Markets, MasterCard. “Now they have the convenience of shopping in local currencies all on one chip card, wherever their travel plans take them.”

The Multi-Currency Cash Passport is sold exclusively at www.travelex.com and more than 200 Travelex stores throughout the U.S, including locations in most major airports, cities and key tourist areas.  For consumers traveling abroad, the Multi-Currency Cash Passport card offers three key benefits:

Reliable – The card features both magnetic stripe and chip technology, allowing travelers to easily and seamlessly shop wherever Debit MasterCard or Maestro is accepted across the globe.  It can also be used to withdraw money from millions of ATMs worldwide.  

Reloadable – Money can be seamlessly reloaded to the card online or in Travelex stores as needed (subject to card limits).  Funds can also be transferred from one currency to another, particularly beneficial to multi-destination travelers.

Replaceable – In addition to the latest chip and PIN technology, cardholders receive 24/7 support from Access Prepaid.  If the card is lost or stolen, a free replacement card can be sent anywhere in the world in as little as 24 hours1 and emergency cash can be obtained off the balance of the card.  Additionally, the card is not connected to the cardholder’s bank account.

“The Multi-Currency Cash Passport was developed in response to demand from customers who are searching for enhanced convenience while traveling abroad,” said Jon Dario, President, Travelex Currency Services Inc.  “We understand the need to evolve with market and industry trends – as such, we look forward to adding additional currencies to continue to meet customers’ needs.”

One Million Miles, One Million More Reasons to Travel

To celebrate the greater convenience to travelers, Travelex, along with MasterCard, is giving consumers one million reasons to fulfill their wanderlust by offering the chance to win one million airline miles*.

Cardholders have multiple ways to enter the sweepstakes including:

  • Participate in Travelex’s “What would you do with One Million Miles?” Facebook promotion
  • Purchase a Multi-Currency Cash Passport prepaid card during the promotional period
  • Reload the same card online or in store during the promotional period
Co-Founder & Chief Editor - TravelDailyNews Media Network | Website | + Posts

Vicky is the co-founder of TravelDailyNews Media Network where she is the Editor-in Chief. She is also responsible for the daily operation and the financial policy. She holds a Bachelor's degree in Tourism Business Administration from the Technical University of Athens and a Master in Business Administration (MBA) from the University of Wales.

She has many years of both academic and industrial experience within the travel industry. She has written/edited numerous articles in various tourism magazines.

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