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5 mistakes you're making with your money abroad

5 mistakes you're making with your money abroad

12.9.2019

5 mistakes you're making with your money abroad

5 mistakes you're making with your money abroad

Your bags are packed, your flight is booked and you’re feeling smug that you've got a winter break planned, but with the Great British Pound at a low and a no-deal Brexit on the horizon, your saganaki or patatas bravas could feel more expensive than ever before. So how can you make sure your money goes further and that you’re not unknowingly spending money on fees and getting unfair exchange rates?

Many banks charge for each transaction abroad (in addition to the local fees you will be paying) so it's important to understand what your bank policy is to avoid any hidden charges. Plus, some banks promote free cash withdrawals but end up capping the amount within a given period. Starling Bank doesn’t charge any fees for debit card transactions abroad and doesn't add ATM fees. And, unlike many other banks, it doesn’t cap fee-free ATM withdrawals at £200 or £300 a month.

Read more: Red Magazine

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