Martin Lewis issues 'must do' advice for Brits travelling abroad in 2023
For anyone jetting off on holiday this year, Martin Lewis has issued several pieces of advice that could help people save money on their travels. Speaking on his BBC Radio 5 Live show on Monday , the MoneySavingExpert.com founder told listeners five vital money tips - from travel insurance to renting a car.
“There is no point in having travel insurance that you get the day before you travel if you've had it booked for months because you're just foregoing much of the cover and much of what you are paying for.” He said. The best debit and credit cards to use abroad While discussing what sort of cards people should use for their holidays, Martin said: “It's actually very easy [to use a card abroad] these days. The cheapest way to spend abroad – there is one that beats all the rest. What you have to understand is, normally, when you spend on plastic, your bank or card provider gets a near perfect exchange rate on the day.
He added: “With specialist overseas debit and credit cards and pre-pay cards, they do not add that non-Sterling exchange rate fee. So you get the same near-perfect rate that the banks do.” You need a GHIC rather than a EHIC Prior to Brexit, Brits travelling to European countries could take a European Health Insurance Card , which covered you if you needed medical treatment in a state-run hospital or GP practice abroad. This would mean only needing to pay as much as or as little as locals would.
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