Banks and credit companies have agreed to scrap some fees for holidaymakers buying foreign currency, following pressure from the Office of Fair Trading.
Exchange rates are notoriously volatile, but in this day and age of round-the-clock trading there's no excuse for not getting the best rate, explains Cathy Adams.
Banks are hitting holidaymakers with an ‘extortionate’ charge of almost 5% for withdrawing money abroad by using a confusing double-fee policy on debit cards. Rebecca Rutt reports.
We all know getting our holiday money sorted as early as possible is a good idea. But if you find yourself having to do some last-minute currency conversion, be sure to avoid these scams.
It costs to use your plastic abroad and taking cash is risky. Pre-paid currency cards offer an alternative way to pay. Rebecca Atkinson looks at the advantages and disadvantages of this payment method.
Pre-paid cards are more than just a good way to budget - they also offer a way to escape some booking and overseas fees. But is this payment method the way forward - and what deals are on offer?
