Withdrawing money from an ATM while on holiday can prove costly for British holidaymakers, it has been claimed.
According to MoneyExpert, debit and credit card holders could be adding to their money problems by using them to make withdrawals overseas, with the related charges worth a collective total of millions of pounds.
The price comparison site has suggested that there are certain credit card providers that offer a particularly good deal on ATM transactions outside the UK but others charge relatively large sums for the service
"With the pound currently very weak against the euro, unnecessary fees are the last thing holidaymakers need," said Sean Gardner from MoneyExpert.
National Savings & Investments reported last week that almost two-thirds of British holidaymakers overspend to some extent and for many a trip a abroad results in a serious money problems.