Luxury Hotels Worldwide

Efficient ‘holiday money’ tips given by expert

Tips and hints on how to avoid wasting money while on holiday have been provided by the Independent newspaper.

Travellers to luxury hotels and other UK tourists are advised to take into account the present exchange rate between sterling and the local currency before they change money prior to the trip.

Speaking to the newspaper, Martyn Hocking at Which? added: “Don’t wait until the last minute to buy your foreign currency, as exchange rates at airport bureaux de change are generally not as good as those on the high street or online.”

Once at the destination, tourists are also recommended to carry their money in more than one form – such as cash, cards and traveller’s cheques.

However, card users are advised that 2.75 per cent “loading fees” are added to overseas transactions by some providers.

These firms should also be told of the holiday beforehand, Mr Hocking added.

“In a bid to tackle fraud, your provider may query any foreign transactions or cancel your card – so talk to them before you go on holiday, telling them where you are travelling to and how long you will be away.”

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