The Bank of East Asia and Visa have announced the launch of the BEA Traveler's Card, the first foreign currency Visa travel prepaid card in Hong Kong.
The card gives customers the choice of having another payment option while traveling overseas for business or leisure. The card can be pre-loaded with US dollars, pound sterling, Japanese yen, Thai baht, new Taiwan dollars, Canadian dollars and Australian dollars. The card is accepted at all merchants that accept Visa credit cards worldwide.
The BEA Traveler’s Card is only available to Bank of East Asia (BEA) credit cardholders.
Tong Hon-shing, BEA’s general manager and head of personal banking division, said: BEA Traveler’s Card offers our customers exceptional value. First, it gives customers greater control over foreign exchange rates, as the exchange rate is predetermined before they make any transactions. Second, they can save time before, during, and after their trips because they do not need to arrange cash or traveler’s cheques, and excess amounts can be converted back into Hong Kong dollars upon their return to Hong Kong.
Jim Dixon, Visa International’s country manager for Hong Kong and Macau, said: Our co-operation with The Bank of East Asia and the launch of the BEA Traveler’s Card is a demonstration of our commitment to working with member banks to facilitate tourism, and to making Visa more accessible to and convenient for Hong Kong travelers.