The RYA is pleased to announce a new partnership with Global Currency Exchange Network (GCEN) to launch a brand new member benefit; the RYA Prepaid MasterCard®.  

Available to all existing and new members, the RYA Prepaid MasterCard® is a cost effective way for you to buy currency.  With foreign exchange built in, prepaid cards are a smart way to travel enabling you to prepay currency on to your card in Sterling, Dollars or Euros (one currency per card) and can give you peace of mind, convenience and cost-savings so you can get on and enjoy your trip away.  

Benefits of an RYA Prepaid MasterCard® include: 

  • Competitive exchange rates.
  • Make your initial load £200 or more and the £6.95 card fee is waived.
  • Quick and simple application process. Your card should arrive within a few days.
  • Can be used at millions of merchant locations worldwide, at ATMs (cash machines), and over the internet.
  • Designed to be a great alternative to cash or using your debit/credit card when travelling abroad.
  • Choice of Euro, US Dollar or Sterling cards.
  • To avoid fluctuating exchange rates when abroad, top-up before you travel.
  • Chip and PIN protected.
  • Re-usable, trip after trip.
  • No hidden charges or extra fees (all fees outlined on the website)  

Complements existing benefits

“We already offer our members a number of travel related member benefits such as discounted bookings and insurance and a prepaid travel card seemed to complement the range of existing benefits perfectly”, explained Dave Strain, RYA Head of Finance.  

He continued: “Prepaid Currency cards are growing in popularity due to their ease of use and the competitive exchange rates available when compared to transactions made with a debit or credit card.  

“GCEN immediately understood our members’ needs and the terms of the card are amongst the most competitive in the market, offering our members a great way to get the best value for their travel money.”  

Martin Cox, Managing Director GCEN comments: “GCEN are delighted to working with the RYA and looks forward to offering its members a complete and competitive foreign exchange service.”  

Sterling, Euros or Dollars

On application for a card, members are guided through an online sign up process to purchase currency, which is then preloaded onto their RYA Prepaid MasterCard®, in Sterling, Euros or Dollars, where competitive exchange rates are fixed at the point of purchase. The card is then delivered, ready to activate and use, and like a debit card, the prepaid card can be used in shops and restaurants, or to withdraw cash from ATM’s worldwide.  

When you’ve spent the preloaded funds on your card you can reload it quickly and easily online, allowing you to travel internationally with greater flexibility and peace of mind, knowing you can use your card anywhere displaying the MasterCard Acceptance mark. 

So if you have a boating trip coming up that is taking you overseas the new RYA Prepaid MasterCard® makes a great alternative to carrying cash or travellers’ cheques.  

For more information about the new RYA currency cards click here.

Global Currency Exchange Network (GCEN) have been offering a professional, efficient and cost-effective service to individuals and corporations needing to buy or sell currency on an international level since 2003. They have a wealth of experience in dealing with clients requiring foreign currency for purchasing a property abroad or those migrating to another country.