As Spring approaches so more of us take holidays and weekend breaks, but the Nationwide Building Society is advising us all to avoid paying charges that are unnecessary on our debit and credit cards.
According to information held by the Nationwide Building Society Brits abroad spent over GBP650 million last year that they did not need to do, wasted on fees for foreign currency loading. The typical charge is around 3 percent, which soon adds up when all the UK holidaymakers are combined.
However, for those wanting to avoid these fees the Nationwide Building Society offers a solution. They are currently the only high street financial organization that does not charge a foreign currency loading fee. They are confident that they have saved their customers over GBP3 million in the last 12 months thanks to this feature.