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Avoid Holiday Spending Mistakes: Tips to Save on Overseas Transactions

14 hours ago

Avoid Holiday Spending Mistakes: Tips to Save on Overseas Transactions
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7 Highlights

  • UK travelers lose $845M yearly on card fees abroad.
  • Average card fee per person abroad is $22.
    • 45% of travelers incurred fees using cards outside the UK.
    • Pre-paid cards can help avoid transaction fees.
    • Exchange rates vary, affecting spending costs overseas.
    • 69% are unaware of card rate differences despite knowing rates change.
    • 66% use cash to avoid unexpected card charges.
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