After Brexit sent sterling diving, and with the school holidays starting, we look at what cards you should use abroad and where to get cashTwelve months ago, British holidaymakers were enjoying some of the best deals on their holiday money for many years. Sterling was riding high, with £1 buying €1.43 in the eurozone and $1.56 in the US. But post-Brexit the pound slumped, and it now buys just €1.19 and $1.31 respectively. It means that families who had a budget of £750 for spending in Spain last year will have to find around £880 this summer if they want to buy the same things.What’s more, the above exchange rates are the “pure” market rates not usually offered to holidaymakers – the bad news is that some bureaux de change are offering barely above €1 for £1 – especially if you leave it to the last minute and change your money at the airport. Continue reading…
Source : theguardian.com
Read more…It’s summer! Here’s how to get the best deal for your travel money
