What you need to know so you don't lose out when you buy foreign currency online.
After foreign currency provider Crown Currency Exchange went into administration, how can you protect yourself if you buy travel money online?
Online foreign currency companies have become much more popular in recent years and you can often get the best rates by buying online. But when Crown Currency Exchange went into administration in 2010 it soon became apparent that many of the 13,000 who’d paid for currency stood to lose some or most of their money. But what rights do you have if you buy currency online and how can you protect yourself?
Holiday money – the cheapest credit cards and pre-paid cards to use abroad.
What to look for in a credit card to use overseas and how to find out which prepaid cards are worth packing.
If you’re planning a trip abroad it’s likely that you’ll take at least one credit or debit card with you. Credit cards have the advantage of providing valuable consumer protection (through Section 75 of the Consumer Credit Act), but the downside is that they often come with lots of extra charges. Pre-paid cards are becoming more popular as well, but which is the best option to save money?
The cost of making and receiving mobile calls in the EU fell on July 1st and more cuts are planned.
If you’re heading abroad for a holiday or a business trip, make sure you know how you’ll be charged for calls, emails and downloads.
From July 1st it will cost you less to use your mobile phone in EU countries. But you could still come back with a hefty bill, especially if you use your phone for surfing the web or picking up emails while you're abroad (and especially if you're not in the EU). Meanwhile the EU has announced it intends to limit the amount companies can charge for calls and downloading emails and accessing the internet from July 2012. But non-EU countries often have no limit.
The material provided on this website is general information that is intended for general guidance and is not suitable for professional advice. You should always obtain independent financial advice.
