(1888PressRelease)
August 01, 2007 - London (loans11): Holiday makers who frequently travel overseas should be wary of the hidden charges involved in using credit cards there. A little bit of planning can enable them to save these extra charges.
In 2006, Britons spent £326 million on credit card fees while travelling, reveals a recent research conducted by Nationwide. Divisional director Jeremy Wood said: "People who are planning to go abroad over the next few months should be aware of the hidden charges that most card providers impose."
In such circumstances, it is better to explore other options while holidaying abroad like personal loans and holiday loans. These loans are not only comparatively inexpensive but are also easily available in the UK lending market. These loans are available online.
To minimise holiday expenses abroad, experts suggest that credit card holders should pay in local currency, thereby, avoiding any commission on foreign exchange.
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