Sadly, a couple of days ago, Travelex announced that they will be closing down their most innovative travel product, Supercard. The payment card, which bragged 0% transaction fees for overseas purchases, will be closed down entirely on 24th July 2017. Travelex have stated that “unfortunately, the costs of running Supercard and delivering the standards of service we expect have been much higher than anticipated. As a result, we have made the difficult decision to withdraw Supercard from the UK market”. No further applications for the card are available now that the Supercard closing process has started.
Having been part of the initial Supercard beta testing group it is a shame that product has only lasted for a short amount of time. The card was a great way of avoiding foreign exchange fees, while at the same time earning rewards on the funding card.
Travelling Abroad Before The Supercard Closure
If you are planning on travelling, and more importantly, returning from your travels before the closure of Supercard on 24th July 2017 then you will be able to continue using your card until this date. The Supercard will continue to operate as normal but it is worth noting that if you misplace or lose your existing card you will not be able to request a new card.
You will also still be able to view past transactions in the Supercard app until 24th October 2017.
Travelling Abroad After The Supercard Closure
If you are planning on travelling abroad after 24th July 2017 then you should look to set in place alternative arrangements, and to apply for similar cards where needed. As a similar replacement card I would recommend Curve.
The concept of the Curve card is essentially the same as the Supercard. The Curve card is marketed as an ‘all in one’ card that lets you carry one card with you instead of many. Your existing debit and credit cards can all be linked to your Curve card, after which you can then use your Curve card to spend almost anywhere around the globe. One of the recently added benefits that was not available with the Supercard is that when you spend on the Curve card you can earn rewards. The rewards scheme, named Curve Rewards, allows you to earn points at specific retailers. After collecting only a few points you can then exchange Curve Rewards points to purchase items for free. The great part is that you can spend Curve Rewards points with PayPal, Amazon, direct on retailers websites, or in-store.
Their mobile app has been totally overhauled in the past month, and a bundle of great features have been added allowing you to view your spending and reward points much easier. If you don’t have a Curve Card then you can signup for free (and also receive £5 free credit). Read up on all the benefits of the card (original article: Curve Card and Curve Rewards Guide).
Free Curve Card With £5 Credit
To order a free Curve card, and also receive £5 of free credit download the app using the link below and make sure to enter the promo code K7ADL. A free Curve Blue card will be sent and the £5 free credit issued after making your first purchase.
Join Curve by downloading the app. Register using promo code K7ADL for £5 credit to be added to your account. Remember to enter the promo code after downloading the app or you will not receive the free credit.
You need to enter the code on the first screen of the app by pressing “Add a referral code”. Curve is currently targeted towards the business market and you will be asked to confirm if you operate your own business, are self employed, or earn any funds aside from a regular job. There currently appears to be no checks against this information.
The Curve app is available for Apple and Android devices.