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Don’t get caught out by overseas charges

Don’t get caught out by overseas charges

Category: Travel

Updated: 07/12/2016
First Published: 19/07/2012

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

As the bad weather continues to drag on, many people will be looking to escape to warmer climes.

Arranging finances for your trip, however, is just as important as packing all the other holiday essentials.

Using credit and debit cards abroad may be the most convenient option for many holidaymakers, but costs can soon mount up. Check the card's terms and conditions to avoid any nasty surprises when the monthly statements arrive.

Sylvia Waycot, spokesperson for, said: "Changing your currency at the airport may seem convenient, but you will be paying for the privilege through unfavourable exchange rates.

"Withdrawing cash on your credit card is never advisable even in the UK as interest rates will be charged with immediate effect and are considerably higher than when making purchases.

"Providers that do not apply additional charges for using credit cards overseas include Post Office, Saga and Metro Bank.

"Customers taking out cash on a debit card need to be aware of minimum charges. If you withdraw lots of small amounts you will be hardest hit, so it may be worth planning a few days ahead for your financial requirements."

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Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.