Card Charges and Rip-off Prices 'Preoccupying Holidaymakers'

By Peter Wakeford
Published on 8 Aug 2008
AddThis Social Bookmark Button
Card Charges and Rip-off Prices 'Preoccupying Holidaymakers'

Holiday irritations centre around money - with credit card charges the number one bugbear.

"Hidden" overseas charges levied on debit and credit cards is the number one holiday complaint among Britons, the Post Office claimed today.

Research from the body, released today, showed that high costs of currency exchange, the pressure to leave tips even for poor service and "rip off" tourist prices also come within the top ten.

Moreover, the Post Office says that it anticipates money worries, including credit card charges, to become a still more pressing issue in the future - if the pound continues to weaken. The research shows that the average currency purchase of euros for a holiday has gone from £230 to £273 over the past year, due to the relative strengthening of the foreign currency.

Offering advice for cash-strapped holidaymakers, Helen Warburton at the Post Office said: "Our research showed that UK tourists are particularly irritated by the high charges…for using credit and debit cards to get cash abroad or make purchases."

"Plan ahead and take a pre-paid card…which can be loaded with money in advance and used to control spending. Not only will it cost less than credit and most debit cards, but it can be used in shops, restaurants and bars as well as at ATMs."

Compare Credit Cards via money.co.uk

Money Saving Newsletter

Already registered? Login Here

Email:

We will NOT pass your details on to any third party.

See some of the recent tips you could have benefited from.

Your privacy:

Read our privacy policy.
We are registered with the Data Protection Act (1998): No. Z6245956
details
We are regulated by the Financial Services Authority: No. 415689
details



Add Your Comment

Name: 
Comment: 
You have 1000 characters left.

Latest Credit Cards Articles & News

Credit Cards Articles

Lifetime vs. Interest-Free Balance Transfer Credit Cards
Lifetime vs. Interest-Free Balance Transfer Credit Cards

Is it better to transfer your credit card balance to a card that offers interest-free deal, or one that promises a low rate until your balance is paid off? We explain how to go about finding the best option for your finances.

TipAbbey Credit Card Customers Get Fee Free Foreign Spending This July

If you're an existing Abbey credit card customer you could enjoy fee free spending overseas for the next month.

TipHalifax All in One Credit Card is Best Option for Combining Balance Transfers & New Purchases

The Halifax All in One credit card gives you the best of both worlds with 0% for 9 months on new purchases and balance transfers.

TipFree Return Flights to Europe with the BMI American Express Credit Card from MBNA

As an introductory offer the BMI American Express Credit Card from MBNA gives you 20,000 destination miles - enough for a return flight to Europe.

Mobile Payment Popularity 'to Grow Steadily'
Mobile Payment Popularity 'to Grow Steadily'

Consumers will become increasingly likely to make credit card payments via mobile phone in the future, according to a new report.

Credit Card Providers 'Should Get Act Together on FPS'
Credit Card Providers 'Should Get Act Together on FPS'

Consumer group Which? has called for more effort from the credit card and banking industry in raising awareness of the Faster Payments Service.

Consumers Cutting Back on Credit Cards
Consumers Cutting Back on Credit Cards

The latest figures from the British Bankers' Association show that Britons are cutting back on credit card spending.

Credit Card Accounts Offering Faster Payments
Credit Card Accounts Offering Faster Payments

The majority of British credit card accounts can now be paid using the Faster Payments Service from Apacs.

Popular Related Articles

Lifetime vs. Interest-Free Balance Transfer Credit Cards
Lifetime vs. Interest-Free Balance Transfer Credit CardsIs it better to transfer your credit card balance to a card that offers interest-free deal, or one that promises a low rate until your balance is paid off? We explain how to go about finding the best option for your finances.

Latest Related Headlines

Group Calls For 'Pro-Active' Action on Pensions
Group Calls For 'Pro-Active' Action on PensionsImproving public perceptions of saving would help, according to the NAPF.
RSS FeedLatest Guides
Free Services Money Saving Newsletter
The best money saving deals, freebies, rate alerts and advice emailed to you every week.
Enter your email:
Find Companies Related Guides RSS Feeds - Subscribe!
The "advice" given in our money saving tips is for information purposes only and should not be construed as "financial advice".
money.co.uk recommends you seek professional advice before proceeding with any investment or financial decision.
Site Map | Privacy Policy | About Us | Contact Us
money.co.uk is a trading name of Dot Zinc Limited, who are authorised and regulated by the Financial Services Authority. FSA Registration Number: 415689.
Copyright © www.money.co.uk / Dot Zinc Limited 2002-2009. All rights reserved.
Home | Login | Sign Up