Martin Lewis issues urgent holiday warning for anyone using debit cards abroad – can you save cash?
Martin said most travellers would be better off spending on a credit card, paid off in full, rather than using these debit cards.
There are credit cards that offer fee-free spending abroad. These are best used for making purchases in shops and restaurants.to withdraw cash at home or abroad as it can damage your credit score if done too often. It may mean opening a new bank account, but you can do this alongside your main one and transfer money across.
The Halifax Clarity has no charges on overseas spending or withdrawing cash, but you will get charged interest of about 5p for every £100 withdrawn per day from the moment you take money out, so pay it off straight away.via its Standard plan has no fees for purchases abroad and offers free ATM withdrawals of up to £200 per month.
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