Hey Robert, Owning a student forex card although not compulsory, offers many advantages over using cash,debit or credit cards. This is because, a forex card for one is much safer to carry as well as it much cheaper because cash is sold at a much higher cost compared to money in your forex card. Another advantage of the forex cards are that you can load a lot more money compared to carrying cash around. All these advantages coupled with the fact that a forex card can be used as form of identification makes it a better alternative to finance. Hope this answer helped!