Going on Holiday?

August 14, 2015


Here’s how your credit card can be your best travel companion when paying for things abroad

With families travelling on holiday in search of summer sun, Creation, the consumer finance specialist, has revealed its tips on how to best find an easy and secure way to pay for goods and services when abroad.

Credit cards are a convenient way to pay for all those holiday costs, whether it’s hiring a car, paying for your hotel, restaurants and days out.  You can also travel with peace of mind knowing it’s a safer way to pay and avoids you taking large amounts of local currency with you

Credit cards can also provide protection when making larger purchases.  Like all credit cards, anything you buy that costs between £100 and £30,000 has protection under Section 75 of the Consumer Credit Act. So if there's an issue with something you've bought, you may be able to claim a refund.  That means booking your holiday on  a credit card is a sensible way to give you peace of mind you’re covered should things go wrong.

Here’s some useful advice on what you can do at home and abroad to make life easier so you can relax and enjoy your holiday:

Before you go

  • It’s always worth contacting your credit card provider before you travel to let them know when you’re away, please ensure they have your mobile number should they need to contact you to check any transactions have been made by you, to protect against fraudulent use
  • Write down the telephone number of your credit card provider should you need to call from overseas if your card is lost or stolen
  • Find out about any charges that may apply to using your card overseas so you can stay in control and keep track of your spending

Using your card on holiday

  • Always keep your card in a safe place and never write your Personal Identification Number (PIN) down
  • If a retailer or restaurant cancels a transaction and you’re asked to input your PIN or sign again, always keep a copy of the void transaction to ensure you’re not charged twice
  • Where possible, always try to keep your card in sight and pay at the till or table and keep all receipts so that you can check transactions once you’re back home
  • If you’ve an option to pay in pounds sterling or the local currency, it can be a better deal to pay in the local currency to avoid the retailer charging a higher conversion rate than your credit card provider
  • If you need to withdraw cash from an ATM, you may be charged a fee so always find out whether you will be charged a fee for a cash advance and if interest will start being charged from that date
  • Should you be unfortunate to lose your card or have it stolen, the best advice is to notify your credit card provider straight away so they can cancel your card and order a replacement.  If your card has been stolen, you should always notify the local police within 24 hours

Creation understands people want simple, straightforward and easy to use products with no hidden catches.  In response to customer feedback, they’ve developed the Everyday Credit Card which has one low rate for all spend and no charges for using your card overseas; whether paying for goods or services or withdrawing cash from the ATM.  With handy SMS alerts with balance updates you can have peace of mind you’re in control of your spending so you can enjoy that well deserved holiday.