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AmEx Provides More Traveling Security

Product: Travelers Cheque Card
Company: American Express Co.

American Express Co. (AmEx) has something new that you can't leave home without: a plastic "traveler's check." According to a customer survey by the card company, 68% of Americans think that cash is the least safe form of payment to use when traveling.

One in 10 surveyed has either lost cash or had it stolen while traveling. If consumers pay for a $25 item with a $50 traveler's check, they receive their change in cash. If their cash is lost or stolen, then they're out of luck. However, if they lose their traveler's checks, the bank will replace them.

For years, in lieu of cash, millions of globetrotters have used traveler's checks to make purchases. The checks are produced in small denominations and backed by hardcopy and electronic receipts in case of loss or theft. With the new Travelers Cheque Card, AmEx takes this idea one step further.

The AmEx Travelers Cheque Card works like a prepaid debit card and offers all the security features of traveler's checks. If the cards are lost or stolen, cardholders can obtain a refund 24 hours a day, seven days a week, anywhere in the world

In addition, the cards are not linked to a bank account, which reduces the risk of financial loss, fraud and identity theft. The cards are accepted by all merchant locations that take other AmEx cards, including ATMs. They are also reloadable.

The cards are available in U.S. dollars, euros and British pounds sterling. Consumers using the cards can lock in exchange rates at the time they purchase the cards.

In addition, AmEx offers around the clock worldwide customer service support as well as assistance with passport and credit card replacement without any additional cost.

American Express Co.

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