Saga Platinum credit card customers made the most of their holiday this summer, as they saved an estimated £1.5 million in foreign exchange fees when using their Saga Platinum Credit Card this year.
M&S Bank is urging holidaymakers heading to Iceland this winter to plan their holiday money in advance, due to shortages in Icelandic Krona across the industry.
Cricket fans heading down-under for the Test Match are getting more Dollars for their Pounds compared to six months ago, according to research from Sainsbury’s Bank Travel Money.
Travellers are shunning the traditional peak holiday season to make October the busiest month for cash withdrawals abroad, according to figures from Norwich & Peterborough Building Society.
After three years at the top of the best value rankings, a 45 per cent price rise in Sri Lankan resort costs means that the Indian Ocean destination has lost its crown to Bali and dropped to fifth place in the sixth annual Post Office Travel Money Long Haul Report.
The minutes from the Federal Reserve's meeting this month, so eagerly awaited by the market for clues as to when or by what amount the market committee might decide to reduce the monthly bond purchases provided very little clarity.
Sterling fell across the board this morning after the Bank of England's quarterly inflation report during which the new Governor of the Central Bank issued forward guidance specifically in relation to when interest rates would rise.
As families get ready to pack up their bucket and spade for the peak holiday season, The UK Cards Association has pulled together guidance on using debit and credit cards abroad to help them get the best value for money when spending abroad.
Sterling made healthy gains Monday morning following the release of yet another better than expected purchasing managers index for last month.
Sterling’s slide against the euro and other currencies already means families could face higher prices on overseas holidays this summer.
Holidaymakers have yet to take to using pre-paid travel currency cards for their holiday money.
Research conducted by my Travel Cash has shown that almost one in four Brits (23%) has been marooned abroad without access to cash.
M&S card holders can take advantage of exclusive rates on euros and US dollars purchased from M&S travel money this summer, with discounted rates available on any amount throughout July.
Sterling made broad gains across the board Wednesday morning following the release of much better than expected service sector data for June, spurring hopes that the economy may finally be starting to recover.
British pensioners living overseas have potentially lost out on over £10.6 billion of their income since 2007 due to the falling strength of sterling, according to HiFX, the foreign exchange specialists.
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