Britons should use cash when they are converting currency for a trip abroad, it has been suggested, advice that may be useful to those that have booked a holiday house in France.
According to senior researcher at Which? Money Dan Moore, doing this will save holidaymakers money.
He advised against ordering foreign currency such as the euro online, as although rates may be better than elsewhere, these savings are wiped out by the cash handling fee for using a credit or debit card, which can be as much as 2.75 per cent.
Instead, Mr Moore said people should "get cash out of a hole in a wall in the UK, walk across the road to any of the exchange bureaus and pay in cash".
This, he remarked, will save them from having to pay card fees.
Research from Tesco Travel Money recently revealed that over a quarter (26 per cent) of those buying foreign currency shun a more favourable rate in favour of convenience.
Posted by cottages4you
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