💨 Abstract

Travelers should avoid pushing the "pay in pounds" option at foreign ATMs or cash points. Opting for local currency can yield better exchange rates. Some banks charge foreign transaction fees for debit and credit card usage abroad, but options like the Barclaycard Rewards Card and some travel credit cards offer fee-free transactions. Carrying cash, using travel credit cards, or pre-paid cards can also be cost-effective strategies.

Courtesy: Laura McGuire