RSS Feed

Foreign Exchange

The currency conundrum: How to make the most of the strengthening pound

As the pound continues to strengthen against the Euro and the US Dollar, British holidaymakers heading abroad are struggling to know when’s the best time to buy their currency.

New Cash Passport prepaid card for young travellers

Access Prepaid Worldwide, a MasterCard subsidiary, has launched its new Young Traveller Cash Passport prepaid card.

Brits flock further afield to take advantage of strong pound

The strongest pound since 2008 will see Brits flocking to far-flung holidays to countries such as Mexico, Thailand and Morocco, as the increasing trend of holidays away from Europe and North America continues, according to analysis by currency exchange specialists, ChangeGroup.co.uk.

Sun, sea and summer saviour for young travellers

The AA is encouraging young holidaymakers to keep their spending money safe as research from AA Financial Services reveals that more than half of 18-24 year olds (60%) who are going away intend to take all of their cash in local currency – the most likely age group to do so.

Sainsbury’s Travel Money hosts longest ever, two month, rate sale

With summer well and truly here, Sainsbury’s Bank is launching its longest ever rate sale, lasting for two months.

Play your cards right on holiday to beat charges

Holidaymakers planning on using their plastic abroad can see the extra charges mount up if they are not careful, banking expert David Black of Consumer Intelligence warns.

Plan ahead to be a World Cup winner

Football fans jetting off to Brazil should assess their travel money and insurance options, advises MoneySuperMarket.

Brits waste over £100 million in unused loose change after a holiday

British holiday makers waste over £100 million by not reusing their loose change once they return from an international trip, according to Caxton FX.

Strong pound sees half term holiday bargains

The cost of a half-term holiday has risen by less than 1.5 per cent since last year in all ten popular family holiday destinations, according to research by M&S Bank. The average price increase is just 0.4 per cent, largely as a result of the strong performance of the pound against the euro.

Ou ét la cash point?

A language barrier can make for some tricky situations when holidaying abroad.

Planning to go abroad this Easter? Make sure you don’t pay over the odds

As many holidaymakers get ready to jet off on their Easter holidays this year, Mark Bodega, director at HiFX gives his top tips to avoid paying over the odds:

From one dollar to a cargo ship

Although it is usual for HSBC’s personal account customers to use foreign exchange transfer services to send money home, pay education fees or fund overseas property, they have used the service to buy items including a cargo ship and a wine cellar (without the wine).

M&S Bank launches exclusive travel money rates for card holders

M&S Bank has introduced exclusive card holder rates across all currencies purchased from M&S Travel Money.

Bank customers getting a raw deal when transferring money overseas

New research from Andrew Hagger of Moneycomms reveals that high street bank customers are paying a heavy price when it comes to sending foreign payments overseas.

Flexible friend saves over 50s money on foreign exchange fees

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.