Christmas jet-setters urged to look out for crafty credit card charges

14 December 2007
Credit card customers travelling abroad over the festive season are being warned to read the small print on the terms and conditions of their contracts after Post Office research showed that hidden fees could end up costing credit cards customers dearly.

The rise in cheap flights and the depressing British weather means that at least 2.4 million people are planning to spend Christmas and New Year’s Eve abroad, with just under a fifth of those planning on visiting Spain, six per cent favouring Italy, five per cent hopping across the Channel to France while eight per cent plan to take advantage of the weak dollar by jetting off to the US.

However, customers using their credit cards abroad could end up with a hefty bill after the Post Office found that the majority of card companies charge a typical 2.75 per cent for each transaction made overseas.

Now credit card holders are being advised to check with their bank or credit card provider whether they will be paying a fee to shop overseas before they go.

Post Office Director of Lending Gary Fitton explains: "For many people, going abroad for Christmas is a great way to relax and not have to worry about cooking Christmas dinner. However, with 49 per cent of UK holidaymakers planning to use their credit card when shopping abroad many people could be returning from their Christmas break with a lot more than just ‘memories and mementoes’ due to hidden card charges."

"Regardless of where people are travelling to this Christmas we are urging holidaymakers to ensure the only baggage they return with is the luggage they are carrying and not unnecessary card charges."

Find out more about the Post Office credit card or learn more about credit card charges

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