Many people will be getting ready to go away for the Easter holidays, but those who are planning a trip abroad should beware the cost of using their debit and credit cards in a foreign country, industry experts have warned.
Most implement a fee when used abroad, some as much as 2.99 per cent of the purchase or transaction, according to Michelle Slade of Moneyfacts.co.uk, which is applied each time the card is used and can soon mount up.
There are now very few which offer fee-free foreign transactions, Moneyfacts’ research has revealed, with Nationwide Building Society ending its rare no-fee policy in May this year. Read the full post