Get to Know Some Good Reasons to Send Money With a Credit Card to Armenia
If you need to help out family in another country such as Armenia, you might be wondering the best ways to do so. One of the most popular ways to send money these days is through a prepaid debit card, which works similarly to a regular debit or credit card. However, it is not connected to a particular account, which means that you can use your own checking account to add money to it when your relative needs it. There are many advantages to the ability to send money with credit card to Armenia. Find out a few of them before you mail a card to your relatives.
Large cities like Yerevan tend to have plenty of ATMs on the streets, which your relative can use to withdraw cash. It will be dispensed in the form of the Armenian dram, even though you will send the cash in U.S. dollars. This means that neither of you has to go through the pain of exchanging money from one currency to the other, nor will you have to pay a fee to do so. In fact, the only fee you will pay through the whole transaction is $5 USD each time you send money with credit card to Armenia, so even if you make weekly remittances, you might end up paying monthly what you would pay for a one-time transfer through a bank which is usually $30.
If your relative prefers to deal with the card only instead of withdrawing cash frequently, they can use it as a typical debit or credit card to make purchases. However, most stores in large cities in Yerevan, Gyumri, or Lake Sevan are the only ones that will take cards. Smaller cities outside this area, such as Shamlugh or Dastakert, cannot be expected to take cards in most cases, especially since there are few stores there to begin with. If your relative mostly enjoys using cards, they should stick to the major cities that attract a lot of tourism so that they can use their prepaid debit card easily.
Before you send money with credit card to Armenia, you should check to make sure that your relative is comfortable using a card. Not everyone likes to use newer technology, or trusts that it is safe. However, a prepaid debit card is often safer than carrying around lots of cash, which you should explain to your relative if necessary. You can always advise them to simply get out cash the minute you transfer it so that they always have currency on hand.
Large cities like Yerevan tend to have plenty of ATMs on the streets, which your relative can use to withdraw cash. It will be dispensed in the form of the Armenian dram, even though you will send the cash in U.S. dollars. This means that neither of you has to go through the pain of exchanging money from one currency to the other, nor will you have to pay a fee to do so. In fact, the only fee you will pay through the whole transaction is $5 USD each time you send money with credit card to Armenia, so even if you make weekly remittances, you might end up paying monthly what you would pay for a one-time transfer through a bank which is usually $30.
If your relative prefers to deal with the card only instead of withdrawing cash frequently, they can use it as a typical debit or credit card to make purchases. However, most stores in large cities in Yerevan, Gyumri, or Lake Sevan are the only ones that will take cards. Smaller cities outside this area, such as Shamlugh or Dastakert, cannot be expected to take cards in most cases, especially since there are few stores there to begin with. If your relative mostly enjoys using cards, they should stick to the major cities that attract a lot of tourism so that they can use their prepaid debit card easily.
Before you send money with credit card to Armenia, you should check to make sure that your relative is comfortable using a card. Not everyone likes to use newer technology, or trusts that it is safe. However, a prepaid debit card is often safer than carrying around lots of cash, which you should explain to your relative if necessary. You can always advise them to simply get out cash the minute you transfer it so that they always have currency on hand.