The best and the worst cards for foreign exchange
Popular money saving website moneysavingexpert.com has reviewed and compiled a list of the best and the worst, credit cards for using when you travel abroad.
Their research has revealed that UK citizens are wasting as much as £245 million when they travel outside the UK.
The review showed that Halifax’s clarity credit card came out best while Intelligent finances card came out worst The website reviewed the fees that are charged for spending £1000 on foreign currency and withdrawing a further £750 in cash.
Using the Halifax clarity card fees amounted to only £8 while the same spending came to £120 with Intelligent finance.
The list also included the best prepaid cards which are becoming more popular due to their increased security features of credit card spending.
So the list for the best cards while spending abroad are:
Halifax Clarity (credit card)
Sainsbury’s Gold (credit card)
Fair FX (pre pay card)
Caxton FX (pre pay card)
Travelex Cash Passport (pre pay card)
And the worst are:
Halifax Debit Card
Lloyds Debit Card
Intelligent Finance Debit Card



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