Going on holiday can be expensive, however here are some tips to make your money go furrther abroad.Cash vs Credit cards vs Traveller’s Cheques
Traveller’s cheques are safe & secure but the exchange rateis poor compared to the other two
Cash
In the
Two places which offer competive rates are the Post office and Marks & Spencer. You can order currency at sub Post offices & the money will be there the next day
Credit Cards
In theory credit cards, should offer the best deal however only really with a couple of cards
The best card to use is probably Nationwide’s. There is no charge for using it abroad. Most cards will charge you 2.75% of the amount .
Saga for the over 50s offers a % charge in Europe but 1% outside
If you withdraw it cash using a credit card, standard charges are 2% with a minimum of £2.
Note: if you have a Nationwide Flexaccount Debit card, there are no charges for purchases or for making cash withdrawls.
Why do I need it?What hapens if you lose your baggage or need medical treatment....
Golden Rule
don’t get it from your travel operator!
Usually 2 choices single trip insurance or annual insurance
Annual starts to become the best buy when you make more than 2 trips a year.
Costs can vary according also to where you are going eg more in the
Who offer the best deals?
Go to a broker/price comparison site eg http://www.moneysupermarket.com/travelinsurance/?Source=MS
European health Insurance Card (EHIC)
Replaces E111, get free or discounted medical treatment in any EU country +
Get from Post Offices, Tel: 0845 606 2030 or Department of Health Website
