Credit Card And Finance News

Students going on holiday should be careful when using their credit cards outside the UK as they could be liable to sizeable charges.

Over 2 milllion people in Britain are expected to go abroad over Christmas and the Post Office has warned credit card users that there could be big costs as a result of using your credit card in a foreign country.

Gary Fitton, Post Office director, said: "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."

Spain will be the most popular destination for Brits travelling abroad over Christmas as they go looking for some festive sun. However credit card users may also find charges of 2.75 per cent on any payments they conduct with their cards while abroad.

The Post Office launched its broadband service last month, with adverts featuring Westlife, Joan Collins and former Eastenders actress Wendy Richards.

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