Santander credit cards highlights summer holiday price hike

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Santander credit cards highlights summer holiday price hike

Mon 5th Jul 2010

Travellers face hugely inflated prices by heading abroad during the school summer holidays, which makes saving money even more important while in a foreign country.

This is the opinion of director of Santander credit cards Emma Roberts, who noted that it is inevitable that vacations will cost more at this time.

But she pointed out that using a credit card that does not charge a foreign exchange fee could allow individuals to make savings.

Ms Roberts highlighted how the Santander Zero Credit Card has this feature, allowing users to pay for items anywhere in the world without being charged a fee.

"With prices increasing by up to 85 per cent for those going abroad and 75 per cent for those taking a break in the UK, it's not going to be cheap for families," added the firm's representative.

Last month, the same organisation revealed that smokers could have built up more than £7,000 over the past three years by investing their money in a savings account rather than buying cigarettes.

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