by marshc01 More more holiday makers are taking their credit cards on holiday with them to pay for goods rather than carrying large amounts of foreign currency. Of course this offers great convenience and at times added security but there important steps you should take to ensure that using your credit card abroad is not too costly and of course safe.
Before you go on your holiday contact your credit card issuer to ensure that you will be able to use your card where you are going. Also take this opportunity to enquire about any charges or fees you may be charged when using your card in order to avoid any nasty shocks when your statement arrives. You should check several weeks before you go away that all the cards you are taking are current (ie. not going to expire whilst you are away), that the signature is clear on the back of the card and that you know all relevant PIN (personal identification number) numbers.
The UK banking industry claims that losses from credit and de...Read
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