Thomas Cook is a renowned travel company that offers various services to travelers, including foreign currency exchange. One of the most popular products offered by Thomas Cook is its Forex card, which allows travelers to load multiple foreign currencies onto a single card. This card offers a convenient way to make payments and withdraw cash when traveling abroad. One of the most frequently asked questions about the Thomas Cook Forex card is how much is the maximum cash advance in dollars?
The maximum cash advance that can be withdrawn from a Thomas Cook Forex card varies depending on the currency in which the card is loaded. For instance, if the card is loaded with US dollars, the maximum cash advance that can be withdrawn is $3,000 per day. This amount is equivalent to the daily withdrawal limit set by the Federal Reserve Bank of the United States.
However, it is important to note that the maximum cash advance limit may vary depending on the country where the card is being used. Some countries may have a lower daily withdrawal limit, while others may have a higher limit. It is advisable to check with the local bank or ATM before making any withdrawals to ensure that the transaction falls within the permitted limit.
Another important factor that can affect the maximum cash advance limit is the cardholder’s credit limit. The credit limit is the maximum amount of money that can be loaded onto the card. If the cardholder has a low credit limit, the maximum cash advance limit may be lower than $3,000 per day. It is advisable to check the credit limit before traveling to ensure that there is sufficient money loaded onto the card to cover any expenses.
It is also important to note that there may be additional fees or charges associated with cash advances made using the Thomas Cook Forex card. These fees may vary depending on the country where the card is being used and the bank or ATM that is processing the transaction. It is advisable to check with Thomas Cook customer service or the local bank to understand the fees associated with cash advances before making any withdrawals.
In conclusion, the maximum cash advance that can be withdrawn from a Thomas Cook Forex card in dollars is $3,000 per day. However, this limit may vary depending on the country where the card is being used and the cardholder’s credit limit. It is advisable to check with local banks or ATMs and the Thomas Cook customer service to understand the maximum cash advance limit and any associated fees or charges. The Thomas Cook Forex card is a convenient and safe way to carry multiple currencies when traveling abroad, and understanding the maximum cash advance limit can help travelers plan their expenses and avoid any unexpected fees.
