Holidaymakers are being issued urgent advice to check their payment methods before jetting off this summer, as hidden fees could cost travellers hundreds of pounds.
The Hidden Cost of Holidays
Many Brits unknowingly pay excessive charges when using their regular debit or credit cards abroad. Financial experts warn that foreign transaction fees, ATM withdrawal charges, and poor exchange rates can add up to £200 extra on a typical two-week family holiday.
How to Avoid Costly Mistakes
Follow these simple tips to keep more money in your pocket:
- Use specialist travel cards that offer fee-free spending abroad
- Check your bank's charges before travelling - rates vary dramatically
- Avoid airport currency exchanges which typically offer poor rates
- Notify your bank of travel plans to prevent card blocks
What the Experts Say
Money saving guru Sarah Pennells comments: 'Most people focus on finding cheap flights and hotels but forget about banking fees. Choosing the right payment method could save you enough for an extra night's accommodation.'
The warning comes as record numbers of Brits prepare for summer getaways, with many families looking to cut costs amid the ongoing cost of living crisis.