Secure the Best Currency Deal Before Your Trip
Brits heading to France, Spain, or Italy can save 20% on their holiday currency exchange by following expert advice. Money guru Matt Allwright recently shared valuable tips on securing the best currency deal before jetting off. He emphasized the importance of considering all options before going abroad to avoid unnecessary expenses.
Choose the Right Payment Method
According to Allwright, making one simple mistake could cost holidaymakers up to 20% more. He recommended using a pre-paid travel card as the most cost-effective option. These cards do not require extensive credit checks, can be easily topped up through a mobile app, and provide the convenience of budget tracking. With pre-paid travel cards, travelers can lock in exchange rates, making it a smart choice for overseas spending.
Avoid High Fees and Foreign Transaction Charges
Allwright cautioned against using standard credit or debit cards for currency exchange due to additional fees imposed by issuers. Credit and debit cards often come with foreign transaction fees, which can add up to 3% to the total cost of purchases. To save money, travelers should opt for fee-free cards or those with lower foreign transaction charges. Using the right payment method can make a significant difference in overall holiday expenses.
Enhance Your Travel Experience
By choosing the right payment method and optimizing currency exchange options, holidaymakers can make the most of their travel budgets. With careful planning and informed decisions, travelers can enjoy their trips without overspending on currency exchange fees. Taking the time to secure the best currency deal can lead to significant savings and a more enjoyable travel experience overall.