Call for an instant quote 0345 90 80 161
Open Mon to Fri 08:30 - 19:00 | Sat 09:00 - 16:00 (GMT)
Or call 0345 90 80 161
10 October 2011 09:26
Britons could be paying over the odds to take out money while on holiday, a survey has revealed
Britons could be incurring unnecessary ATM charges when withdrawing money overseas, a survey has revealed.
Travel search site Skyscanner also discovered that there was a huge discrepancy in charges made between banks. It said customers using the same bank while abroad as they would do back in the UK are also being charged different amounts depending on which card is used.
The survey also discovered that debit cards tend to incur the highest charges because they operate on a per transaction basis, rather than on the total amount spent. A third of travellers now opt to use a credit or debit card while spending currency abroad.
The fact that many Britons might be paying over the odds to withdraw money while overseas has made taking the time to secure the cheapest travel insurance deal all the more important.
Carol Petrie, Skyscanner money expert, said: "Our study shows the importance of doing your research before you go on holiday. Consumers should check how much their bank charges and look at using a card where there is no interest rate charged on purchases made abroad, no foreign exchange fee and no ATM cost."
07 June 2019
Get hitched without a hitch! Here are our top tips on how to choose your perfect wedding location abroad, covering everything from food to legalities.
[more...]
03 June 2019
Want to get into surfing but not sure where to go? Here's where you should be heading to get the best beginner waves around the world.
Heading to the showpiece event of women's football in France this summer? Here's everything you need to know about England's venues for France 2019.
Get more out of your smartphone when you go travelling by downloading these travel apps and make your trip easier at the touch of a button.
24 May 2019
Heading to the football in Baku but don't know what else to do? Explore the hip and trendy crossroad of Europe and the Middle East and experience the fast-growing phenomenon, Azerbaijan.
Two of London's top football teams head east in search of silverware on May 29. If you're heading to Baku for the final, here's our guide on what you need to know before you go...
17 May 2019
There's more to Monaco than the Grand Prix. Discover the magic of the Mediterranean principality with our guide to what you must see in Monaco.
15 May 2019
Are you heading to one of Europe's best music festivals this summer? Then make sure you read our top ten tips before you leave...
What makes the Monaco Grand Prix so special? From a royal guestlist to a challenging circuit, we take a look at why the Monte Carlo Formula 1 race is so prestigious...
Get inspired for a summer of music, travel and adventure with our guide to some of the best music festivals around Europe.
07 May 2019
Thinking of visiting Spain? There are some excellent reasons to explore the country this spring and summer, from football finals to eating snails - so don't miss out!
Want to learn a new language without the hassle of going to classes? Check out our guide to the best free apps on the market and get yourself holiday-ready in no time.