How to pay abroad

Article Abstract:

The main ways to pay for things when abroad are to use foreign currency, have travellers' cheques or credit cards. Travellers' cheques are expensive because commission is charged but they are safe and can be easily replaced. Eurocheques are also expensive and an annual fee is charged for having them. They are not always accepted. Credit cards are the most economical way to buy things abroad. However, users need to be careful of companies which charge daily interest. Travellers should have an alternative method of getting money incase their card is stolen.

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How to pay on holiday

Article Abstract:

There are many different ways of paying for purchases while on holiday abroad. However, all kinds of payment involve charges. Purchases worth 500 pounds sterling will cost about 507 pounds sterling by credit, debit, charge and gold cards. The same purchases will cost about 510 pounds sterling by Eurocheque and 512 pounds sterling by travellers' cheques.

Buyers Guide

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Winning at cards

Article Abstract:

The best type of plastic card for consumers depends on their spending patterns. Store cards are best for consumers who shop at a certain store frequently. Gold cards are suitable for the frequent traveller abroad. Consumers who like convenience should opt for debit cards. Credit cards are good for people who pay their bills off at the end of the month.

Plastic transaction cards, Transaction cards

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