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Is my money safe with FairFX?

Is my money safe with FairFX?

FairFX said: “We have just received written confirmation from Wirecard Card Services Ltd that all FairFX customer funds are held in safeguarded accounts with Barclays as per the FCA regulations that are in place specifically to protect customer funds.”

How does the FairFX Currency Card work?

The FairFX Currency Card is the latest step. The upgraded card offers multi-currency functionality, with the ability to hold 15 major currencies on one card. This means that customers can pay in the local currency, further avoiding conversion charges, and with the added bonus of reducing the amount of plastic we issue.

Can I withdraw money from my FairFX card?

Order cards for free with no subscription costs. Pay in 15 currencies without any transaction fees. Get cash out at ATMs with our fixed, low withdrawal fees.

What type of card is FairFX?

Card prepaid Mastercard® card

In these terms and conditions: 1.1 ‘card’ means the FairFX Currency Card prepaid Mastercard® card. 1.2 ‘group’ means Equals Group Plc and any other firms within the Equals Group.

Is there a problem with FairFX?

We monitor the status of the FairFX cards and all related services. If there are any interruptions in service, a notification will be posted here. No incidents reported today. No incidents reported.

Can you transfer money from FairFX card to bank account?

At this time it’s not possible to arrange a bank transfer using the balance on your FairFX Currency Card as the source of the funds. This is because our cards are not bank cards and will have no associated account number or sort code.

Can I transfer money from my FairFX card to my bank account?

Can I use my FairFX card in the UK?

The FairFX Currency Card isn’t only for your travels, add money to your GBP balance and spend in the UK too without any added fees. Even better, you can earn 3.5% or more in cashback at some top high street retailers, whether it’s in-store or online.

Where is FairFX based?

We have a 300-strong team based in London, Chester and LA who are all dedicated to making your experience with FairFX and the rest of the Equals Group the very best it can be.

How long does a FairFX card take to arrive?

Order your brand new multi-currency card now and we’ll have it delivered to you within 5 working days, ready to use at home and abroad. Existing FairFX customers with an account balance can order a multi-currency card and move the balance over from their account in a flash.

How does FairFX make money?

Transfer fees: FairFX does not charge transfer fees for sending money abroad using their service. The company makes their profits from the small margins applied to exchange rates for foreign currency transfers, which means they can get away with not having transfer fees.

Can you have 2 FairFX cards?

You can even move it back, if you’ve changed your mind or moved too much. Link multiple cards to your FairFX account to teach your teenagers how to manage money, split spending money with your partner, or provide a lifeline to your kids on gap year.