After two former investment bankers returned from their family summer vacation in 2017, they were sick of their banks’ high charges. Pre-pay cards and other bank accounts were considered but ultimately rejected due to the hassle of constantly topping up, keeping track of distinct balances, and the inevitability of card declines.
Their shared frustration led them to create a multi-currency debit card that bypasses foreign transaction fees by linking directly to an existing bank account.
The idea of Currensea was therefore formed on that day.
SUSTANIBILITY OF CURRENSEAS
Thanks to their relationship with Eden Reforestation Projects, they are able to offset more than they produce. Carbon Neutral Britain has awarded them their 2023/2024 certificate, formally verifying their efforts. Together with worldwide nonprofits, Eden is able to lessen its impact on the environment by planting trees, helping local people cut back on fossil fuel use, and developing alternative energy sources.
They can lessen their impact on the environment by increasing the durability of their travel debit cards from three to five years, which cuts down on plastic waste and the carbon emissions caused by their production and distribution.
They are aware that their travel debit card contains plastic and are actively exploring various options to minimise its presence. Meanwhile, they’re concentrating on making their cards less impactful. Their goal is to reduce annual plastic production by 2.5 times. To accomplish this, they donate to Plastic Bank, an organisation that rescues and recycles plastic trash from the ocean.
WHAT IS THE ESSENTIAL PLAN AND WHAT ARE THEIR BENEFITS?
Use their Mastercard travel debit card to go ahead with unmatched ease and rewards. You may take advantage of a cheap 0.5% foreign exchange rate on all of your card purchases and ATM withdrawals, no matter where you are in the world. Additionally, their card allows fee-free withdrawals globally, so you can say farewell to those pesky foreign ATM fees. Are you afraid of fluctuating currency values? Let go! With them, you may secure a rate that surpasses the market for transactions above £500 per month.
Not only that, though! Their card is more than just a payment tool. Enjoy peace of mind with state-of-the-art security features like spend notifications, customisable spending restrictions, and fast freeze/unfreeze functionality. Plus, if anything goes wrong with your purchase, Mastercard chargeback protection will cover it. Spend in 180 different currencies at the best live interbank rates, making managing your funds a breeze. Plus, regular fliers may easily turn their savings into flight miles with Singapore Airlines KrisFlyer.
- Make international ATM withdrawals for free and get a 2% foreign exchange rate on all funds over £500 per month.
- Quick and easy money transfers
- Transfer between £100 and £20,000
- Get card spending alerts, set spending limitations, and freeze or unfreeze them.
- Get protection from ticks.
- Fraud protection for Mastercard transactions
- Explore all 180 currencies with Tick Spend!
- Find the most competitive one-to-one exchange rates now
- Singapore Airlines and tick Militia KrisFlyer
- Put your money into miles on the plane!
- Delivery of a tick-free card
- A Mastercard debit card for travel
HOW IS THE CURRENSEAS’ PREMIUM PLAN BETTER AND HAS MORE BENEFITS?
Their Mastercard travel debit card gives you the best of both worlds: a 0% foreign exchange rate on all purchases and ATM withdrawals, anywhere in the world. It’s the ultimate in financial independence. To top it all off, their card offers fee-free withdrawals worldwide and an incredible 1% FX rate for transactions over £500 per month, so you can finally say goodbye to those pesky international ATM fees.
Not only that, though! Their card is more than just a payment tool. Spend notifications, adjustable spending restrictions, and the ability to instantly freeze or unfreeze your card are just a few of the enhanced security features that will put your mind at ease. In addition, if there are any unforeseen problems with your purchase, Mastercard chargeback protection will cover them. Spend in 180 different currencies at the best real interbank rates for hassle-free and lucrative money management. And frequent fliers may turn their savings into KrisFlyer miles with Singapore Airlines with ease.
Get your card sent to your doorstep for free with their easy-to-use ordering system. The benefits, however, do not end there! Benefit from exclusive discounts and perks just for those who use their premium travel debit card. Take advantage of perks like 20% off Avis rates worldwide and Hertz Gold Plus Rewards with free Five Star Status when you book your rental car through Hertz. Preferred Hotels & Resorts also offers an upgraded experience, wherein a free night’s stay is yours when you book a four-night or longer stay. Every trip takes a whole new level when you use their Mastercard travel debit card.
WHAT ARE THE ELITE PLAN BENEFITS AND HOW IS IT THE BEST PLAN?
With the Mastercard World Elite travel debit card, you can take your travel experience to the next level. This card offers a market-leading 0% FX rate on all card spend and ATM withdrawals worldwide. Forget about paying those pesky foreign ATM fees. With their card, you can make fee-free withdrawals all over the world. And if you make more than £750 in purchases every month, you’ll also get an unbelievable 1% FX rate.
However, that’s not all! This card is more than just a bank card. Spend notifications, adjustable spending restrictions, and the ability to freeze or unfreeze a card instantly are just a few of the enhanced security features that will put your mind at ease. On top of that, your transactions are protected from any unanticipated events with Mastercard chargeback protection. Effortlessly manage your finances with access to 180+ currencies at the best live interbank rates. And frequent fliers may turn their savings into KrisFlyer miles with Singapore Airlines with ease.
Enjoy the convenience of free doorstep delivery when you order your card. Nevertheless, that is not the last perk! Get access to special deals that are only offered to customers who use their Elite travel debit card. Join the President’s Club at Avis and the President’s Circle at Hertz to get exclusive perks when you rent a car. Enjoy exclusive benefits like Elite I Prefer Member Status and 4 nights for the price of 3 when you book with Preferred Hotels & Resorts.
Their “Ten” travel concierge is available around the clock to give you with first-rate service and opulent perks. With LoungeKeyTM, you may access more than 1100 airport lounges across the globe. Plus, check out more than 3,000 five-star hotels and resorts that provide amazing perks like free breakfast and room upgrades. Every trip becomes an extravagant extravaganza when you use their Mastercard World Elite travel debit card.
WHAT ARE EXCHANGE RATES GIVEN BY CURRENSEAS AND HOW ARE THEY COMPARED?
With their card, you’ll always have access to the market’s best exchange rates. For each of the sixteen most important currency pairings, they have negotiated and obtained interbank exchange rates. That is to say, you receive the best pound to euro, dollar, Australian dollar, and, well, most currency exchange rates!
For every other currency combination that they have accessible, which is all 164 of them, they provide Mastercard exchange rates.
Sending money abroad has never been easier or more transparent than with the new Currensea travel debit card, which uses the same interbank exchange rate as your regular debit card and only a tiny flat fee of 0.5%. Transfer funds from your UK bank account to an account in EUR, PLN, HUF, or USD ranging from £100 to £20,000 each transfer.
Before you finish transferring money with your Currensea travel debit card, you can access your account using the app and utilise their money transfer calculator. Also, you can click the button that’s down below.
HOW DOES CURRENSEAS WORK?
Makes your payment using the domestic currency
Wherever you are, at work or on the go, you can use any of the 180+ currencies available. Transactions are processed at the real-time rate and are fee-free after your bank verifies that the funds are accessible.
It gives a reminder regarding expenses
They collect the monies. After your purchase, they automatically debit your associated bank account (no funds are taken in advance). You will receive an app message and an email verifying your spend and showing you how much you have saved.
Complete openness from financial institutions
If you have an existing bank account, you can find all of your transaction details listed under “CSEA -merchant name” and in your Currensea dashboard.
Ready to set sail on your currency trading journey or travel the world? Whether you’re a seasoned trader or just dipping your toes in, they’ve got the knowledge to help you chart a course to success. Don’t let uncertainty hold you back – start making waves in the world of currency trading today with Currenseas!
