With the euro at an all-time high against the pound, spending advice has been given to those looking to save money while travelling on the continent.
Price comparison site moneysupermarket.com advises travellers of the dangers of relying on cash and travellers cheques while on holiday in the EU, both of which could lose tourists money because of the unfavourable exchange rates and transaction fees.
Steve Wiley, head of credit cards at moneysupermarket.com, suggests that the best option is to use credit or debit cards which have purchase protection of 90 days or more when spending overseas.
Mr Wiley also advises consumers to look for a card which offers zero per cent on purchases and doesn't levy foreign exchange fees.
Using cash overseas can often leave people out of pocket, he explains: "a €100 (£76) withdrawal with a Lloyds TSB debit card will incur a £2 transaction charge plus a 2.99 per cent foreign exchange fee."
Meanwhile, recent
travel insurance advice has also been offered by Apacs, stating that for those heading overseas, it is important not to confuse overseas credit card protection with a
travel insurance policy.
InsureandGo offers
travel insurance policies to tailor to individual holiday habits.