It’s always worth having a budget in mind when you go on holiday, that way you won’t return home with a hefty credit card statement waiting for you!
Here are some other tips for getting your holiday spending right:
Check your card provider’s fees. Many charge a percentage on the transaction as well as a flat rate fee for each withdrawal or transaction.
Before you go, look for a card with no charges or a very competitive rate.
Avoid taking cash out of ATMs in lots of small amounts, you may get charged per withdrawal.
Get some cash before you travel for bus or taxi fares; airports ATMs are not always available.
Order less used currencies at least a week in advance.
Don’t carry more money than you need when you’re out and about.
If you need to carry a big amount of cash, split it with a friend or your partner.
Divide your cash; keep some in your wallet, some in a money belt and some in an inside pocket.
If you’re leaving cash in a hotel room, lock it in your room safe with all your other valuables.
A prepaid card is one that you can load up with foreign currency before you travel.
Abroad they can be used like a debit card.
Prepaid cards can often avoid ATM withdrawal charges and other bank card charges.
If you lose your card the money is protected, but you may have to pay for a replacement card.