Jul/100
Clarity Cards are Provided by Halifax
Halifax has launched the Halifax Clarity card, which aims to cut the cost of travel money for holidaymakers.
The card comes with no foreign exchange fees on transactions including all purchases and cash withdrawals abroad.
According to the lender, over 30 million Britons still change sterling for their currency of destination in advance of travelling, with over half believing this to be the most convenient form of payment on holiday, and almost 40% believing it to be the most secure.
However, spending on debit and credit cards whilst abroad is on the rise with consumers appreciating the benefits, such as the ability to access funds to cover unexpected expenses.
Halifax Credit Cards spokesman, Mark Powys, comments: “Our research shows that three quarters of holidaymakers would be more likely to use a credit card abroad if they knew they wouldn’t incur any fees.”