YouTrip might be launching a MYR (Malaysian Ringgit) wallet soon, allowing users to pre-convert currencies before traveling to Malaysia. This would be a significant improvement over the current system, where users rely on real-time exchange rates that may not always be favorable.
However, Youtrip is not a digital bank and cannot offer competitive exchange rates along with savings or interest on stored funds, the YouTrip card does not provide any form of interest for money held in the wallet. While this potential MYR wallet could enhance convenience for frequent travelers, it still lacks the added financial benefits that some competing cards offer.
Although all multi currency cards claim 0% charges, most do charge a spread of 30 to 50 pips from the spot rate. Neverthesless it is still cheaper than Bank’s credit card.
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