Travel Money Tips
JAN.
Travel
Money Tips
When
travelling abroad we all want to make our money go that bit further. Here are a
few things to consider in trying to achieve maximum value for money.
Buying
Cash
When it
comes to buying your travel money, getting the best value is all about finding
the best exchange rate and service out there. There are several comparison
websites that you can check the best live rates. These include comparetravelcash.co.uk and money.co.uk.
Be sure to
check the total price as sometimes there may be additional transaction fees
applicable.
Planning in
advance will help in securing the best rate but if that is not possible you
don’t have to worry as here at Currency Online Group, we are able to offer the best rates at last minute. Get
your travel money delivered to your home address the very next day or if you
are in an urgent rush, we have same day branch collection available.
Using
your debit or credit card abroad
It is
generally advised to avoid using your debit or credit card abroad due to the
risk of being charged high transaction fees. It may be worth checking with your
debit/credit provider in advance of travel. Withdrawing cash abroad using your
debit card will normally result in a fee being charged.
With credit
cards it is usually a percentage rate of fee charged on top of the transaction.
There are cards out there though that offer 0% transaction fees, but this will
require you applying and receiving the card all before you travel, so this may
not be an option if you are needing to travel last minute.
Using pre-paid
currency card
If you would prefer not to carry a lot of cash, there is always the option to purchase a prepaid currency card. You can load the card with a specific amount of money but with the option to top up while you are away, if needed. Our multi-currency card can be used all over the world while saving up to 90% on fees. The card is not linked to your bank account so if it is lost or stolen, it’s easily replaceable without any concern for your cash.