Brits Worry About Costs When Booking A Holiday

19/05/2015

With the Spring half-term just around the corner, the continuing strong performance of the pound against the Euro and Dollar should be good news for many families.  Especially as new research from the Ukash Travel Money Prepaid MasterCard* card reveals that for more than half of Brits, booking a holiday comes with anxieties about the cost. 

When it comes to holiday worries, 59% of respondents to the Ukash research said they get anxious about the cost of the trip. The best way for travellers to get the best out of their holiday spending money is to load funds onto the Ukash Travel Money card while the rates are favourable. By buying their currency in advance to beat any drop in the pound, they can get more spending power.

Since last week’s General Election, the pound has gained 2.4% against the US Dollar and 3.5% against the Euro. And British holidaymakers are considerably better off than they were this time last year, when spending abroad. Travellers get an extra €77 for every £500, compared to 2014, making this a great time to think ahead and buy holiday currency for trips to Europe and the US*.

Once the holiday is booked, 29% said the thought of a long journey makes them anxious.  And a nearly a third (32%) worry about letting their partners down if they’ve made a bad choice of destination or hotel. For 36%, the thought of going somewhere unfamiliar is a concern.

Understandably, cost is the main concern for people booking holidays, but the choice of destination and the thought of going somewhere unfamiliar can also weigh on their minds. That’s where good planning comes in. As well as researching the hotel and destination, it pays to shop around for the best rates on currency. The Ukash Travel Money card offers a safe, easy and secure way to make holiday spending money go further. As well as guaranteeing the best FX rates, it has no fees for usage or access to ATM withdrawals abroad, making it the smart travel companion.

The Ukash Travel Money MasterCard:

  • Lowest FX Rate on the market
  • No transaction fees
  • Free ATM withdrawals in Europe and the US
  • Free balance enquiries online, at ATMs and SMS
  • Available in Euro and US Dollar
  • Free top up by debit card
  • No application fee
  • No annual fee
  • Chip and PIN security
  • Use at over 34 million outlets that show the MasterCard Acceptance Mark
  • Minimum load value: £50
  • Maximum single load: £2,000

*Ukash Holiday Booker Survey- 1067 respondents- March 2015

**Source http://www.thisismoney.co.uk/money/markets/article-3077013/Sterling-soars-against-dollar-euro-post-election-rally-builds-steam-making-summer-holidays-cheaper-millions-British-families.html