I recently received an email from Caxton currency cards to tell me about the changes in their terms and conditions.
Section 4 states that “if the customer moves outside the EEA we may suspend their card”.
Well, I’m not moving outside the EEA, but the EEA is moving outside me. What do think the impact will be on my card?
DK, London
That’s a question no one can yet answer reliably. Caxton, which provides a prepaid multi-currency Mastercard and international payments accounts, has little more idea than the rest of us, but has no plans to punish you for Brexit.
“We can assure our customers that, as far as we know, there will be no or limited impact on our services. They can still take full advantage of the Caxton card,” it says.
“Until the government guidelines on Brexit are clear, no one is able to predict the implications on legislation. However, Caxton is not planning any significant alterations to its terms and conditions at this stage.”
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