Call for an instant quote 0345 90 80 161
Open Mon to Fri 09:00 - 17:30 | Sat 09:00 - 16:00 (GMT)
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."
20 May 2017
Holidaymakers travelling via London City Airport will benefit from a digital air traffic control tower from 2019.
[more...]
19 May 2017
Many Britons are increasing their risk of developing diseases like cancer by drinking too much alcohol, experts have suggested.
18 May 2017
People could increase their chances of developing serious illnesses after spending just two weeks as a 'couch potato', new research suggests.
17 May 2017
Holidaymakers who would like to sample the high life can now do so at one of the major airports of the United States.
16 May 2017
A star of the soap world has called for more attention to be paid to common health problems like Alzheimer's disease.
13 May 2017
Two major Scottish airports have achieved their strongest April passenger totals on record, new figures reveal.
12 May 2017
The carbon emissions of EasyJet flights have been cut to their lowest level on record, the budget airline has reported.
11 May 2017
Holidaymakers faced long queues and delays at Stansted Airport on Tuesday (May 9), due to a fault with the site's security scanners.
10 May 2017
Workers have been encouraged to find out about their full entitlement to holidays, with many thought to be missing out on paid leave.
09 May 2017
Holidaymakers have been urged to stay vigilant against potential scams.
06 May 2017
Researchers in the US are recommending that anyone experiencing the symptoms of so-called 'noisy knees' should have them checked out, as they may be an early sign of osteoarthritis.
05 May 2017
Excessive drinking among baby-boomers could pose health risks further down the line, experts have warned.