Spending foreign currency abroad with a Volopa Prepaid EUR Base Currency Card
When you spend money abroad or online in a foreign currency, some banks are not transparent about the exchange rate they offer you at the time of transaction. With the Volopa Prepaid Mastercard, you are in total control – you exchange currencies that are supported on the Volopa Prepaid Mastercard when you see fit, locking in the exchange rate at the time of exchange.
For currencies that are not supported on the Volopa Prepaid Mastercard, we use the Mastercard exchange rate at the time of the transaction, with our normal 1% exchange fee.
The European Central Bank (ECB) and Mastercard update the displayed exchange rates on a daily basis. The Volopa Rate shown is the rate available when the updated exchange rates were retrieved from both Mastercard and the ECB – 5PM UK time daily.
Below are the rates you get when you spend in a foreign currency. Please note these rates are EUR exchange rates and not GBP exchange rates.
|Currency||ECB Rate||Volopa Rate||Percentage Difference in Volopa Rate to ECB rate|
*Currency is not supported on your Volopa card, and as such the exchange rate is provided by MasterCard. For more information, see here.