It’s that time of the year again when our thoughts are on holidays now that summer is here. Some financial planning is needed to make the most of your spending power, and you also need to be aware of the different card charges for those transactions you do whilst on your holiday.
Foreign usage charges are getting more and more expensive. The charges for using your credit or debit card in a foreign country varies with different banks, some will charge as high as 3%.
The card charges affect holidaymakers, especially those withdrawing lots of smaller amounts of cash. It is wise to plan how much cash you intend to use and minimise the number of your card transactions whilst on holiday in another country.
Shopping around and also being aware of the card transaction charges will save you some money. You can avoid the card fees by shopping around for cards which do not have charges for transactions done abroad.
Now you can also enjoy yourself on your holiday and save money at the same time. Thanks to Blue Sky a new cash back card from American Express. The cash card enables users to collect points that can be redeemed against travel related purchases including car rental, flights and hotels.
The Blue Sky card also provides £500 protection for missed flights, £200 for lost luggage and £100 for journey delays.
With the Blue Sky cash card you can earn yourself free travel fast:
- save on any airline, hotel, rental car, or cruise ship.
- no travel restrictions or blackout dates.
- no point caps or expiration dates.
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