Brits jetting off abroad for holidays places such as Dubai, India or Australia are not making the most of their spending money, it has been reported.

Brits jetting off abroad for holidays places such as Dubai, India or Australia are not making the most of their spending money, it has been reported.

According to a study by FairFX.com, some 69 per cent of people claimed that every penny counts when it comes to exchanging their pounds for foreign currency.

However, the research also showed that despite high fees on foreign purchases on credit cards, people were still spending on plastic and choosing to withdraw money from a hole in the wall when in resort.

“Many of us might intend to look for the best deals, but when it comes to the crunch people aren’t making the effort to get the best bang for their buck,” said Stephen Heath, chief executive at the company.

He went on to say that by using a pre-paid card for holiday spending, travellers may find they can save themselves a significant amount of money.

If travellers are flying to Australia in July, they may wish to catch the camel races at the Imparja Camel Cup in Alice Springs.

This site uses cookies to analyze traffic and for ads measurement purposes.
learn more about how we use cookies.

Many of the flights and flight-inclusive holidays on this website are financially protected by the ATOL scheme. But ATOL protection does not apply to all holiday and travel services listed on this website. Please ask us to confirm what protection may apply to your booking. If you do not receive an ATOL Certificate then the booking will not be ATOL protected. If you do receive an ATOL Certificate but all the parts of your trip are not listed on it, those parts will not be ATOL protected. If you have booked a flight only where the ticket is not issued immediately, your flight will be protected under our ATOL. Please see our booking conditions for information, or for more information about financial protection and the ATOL Certificate go to www.atol.org.uk/ATOLCertificate