Pre–paid card can carry 14 currencies

A PRE-PAID card that can be used to spend sterling – and 13 other currencies – has been launched in a “world first in foreign exchange”.

The Explorer card has 14 “currency wallets” which can be reloaded and managed online and has been devised through a partnership between currency specialist Moneycorp and Visa.

It carries no fees on ATM withdrawals or store purchases made outside the UK and can be used anywhere with the Visa logo.