FairFX Review
Comprehensive review and analysis of FairFX's digital banking services
Quick Facts
- Founded
- 2007
- Head Office
- United Kingdom
- Active Customers
- 1+ million
- Total Funding
- Public company
- Employees
- 200+
- App Store Rating
- 4.3/5
Pros & Cons
Pros
- Competitive exchange rates
- Multi-currency cards
- Business services
- Travel money expertise
- International payments
- No transfer fees
Cons
- Limited banking features
- Card delivery fees
- Loading fees apply
- Limited countries
Supported Countries
- United Kingdom
Fees
- Card Issue £9.95
- Monthly Fee Free
- ATM Withdrawals €1.50/£1.50/$2.00
- Card Loading Free bank transfer
- Foreign Exchange Wholesale rates + margin
Overview
FairFX has been a leader in international money services since 2007. Specializing in currency exchange, travel money, and international payments, they offer comprehensive solutions for both personal and business customers.
Key Features
Currency Services
- Multi-currency cards
- International transfers
- Travel money
- Exchange rates alerts
- Currency tools
- Rate tracking
Card Features
- Prepaid currency cards
- Contactless payments
- Online purchases
- ATM withdrawals
- Mobile payments
- Balance tracking
Business Services
- Business payments
- Expense management
- Multi-user access
- Payment tracking
- International accounts
- Market analysis
Travel Features
- Travel money delivery
- Emergency cash
- Global acceptance
- Travel insurance
- Currency conversion
- Travel support
Security Features
- Chip and PIN
- Online security
- Transaction monitoring
- Fraud protection
- Card freezing
- 24/7 support
Customer Support
- Phone support
- Email assistance
- Online chat
- Help center
- Currency guidance
- Business support
Verdict
FairFX excels in providing comprehensive international money and travel services. Their competitive exchange rates and multi-currency capabilities make them particularly attractive for frequent travelers and businesses dealing with international payments.
While there are some fees for card issuance and ATM withdrawals, the overall service offers good value for international money management. The main limitations are the restricted banking features and country availability, but for UK customers needing reliable currency services, FairFX provides an excellent solution.