Sunday 4 September 2011

Post Office Travel Money Reveals Not Being Able to Use Travel Credit Cards Abroad as Major Holiday Moan

September 14, 2010

A report from the Post Office has revealed UK families' concerns with holiday spending. In the new Family Holiday Report, 11 per cent of those surveyed cite not being able to pay with a travel credit card or debit card while abroad as a major irritant.

Many tourists value the flexibility of their travel credit cards to cover any unexpected costs. However, using them abroad can be expensive because of the charges many high street banks impose when using travel credit cards overseas.

The report also found that while UK holidaymakers want to use a travel credit card abroad, the charges imposed on them when they do so are also an irritant. When it is possible to pay via a travel credit card, over half of those surveyed (52 per cent) cite the charges frequently imposed when using travel credit cards or debit cards abroad as a 'rip off'.

The Post Office reminds UK tourists that they can avoid these costs by searching for a travel credit card with specific advantages for travellers. For example, the Post Office is offering its travel credit card customers a range of benefits, including 0% commission on transactions overseas, and no cash advance fee when purchasing Post Office travel money with its travel credit card at branches.

Sarah Munro, Post Office Head of Travel Money, said: "Families should take enough holiday cash to cover any unexpected costs, rather than pay out hefty charges for using plastic abroad - or take a travel credit card like the Post Office one, offering 0% commission on overseas transactions."

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