Credit Card Fees, Card Fees Abroad, Hidden Card Fees

Those of us lucky enough to be heading abroad for their summer holidays are likely to be hit with a collective excess cost of £327 million in credit card fees.

It’s estimated that as many as 12 million Brits will be affected by the fees, as more of us are turning to our credit cards to fund our breaks in the current economic climate.

Much of this has to do with a lack of understanding for the credit cards that we hold.

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Prepaid Security for Travel in Europe

Until very recently, traveler’s cheques were the safest method of carrying money abroad. What they lacked in convenience (travelers expected to stand in line at a bank every couple of days in order to cash in the cheques and get usable foreign currency), they made up for in security. If the checks were lost or stolen, the providing bank would issue new cheques or refund the funds that were unused.

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