A travel money card can help you keep your money safe while you are away on holiday. It can often be worrying when going on holiday, making sure that you look after the money that you take with you. We have all heard horror stories of people having their money stolen from them and leaving them in a difficult situation.
There are a number of ways that you can reduce the chances of your money being lost or stolen while on holiday:
The hotel safe
If you have access to a hotel safe then it is recommended that you use it. A safe in your hotel room is normally one of the safest places that you’ll be able to put your travel money. This means that when you are out on your excursions you’ll be relaxed in the knowledge that your valuable items are locked up safe and sound.
Some travel insurance cover can also offer higher payouts on items that have been secured within hotel safes.
Your hotel room might not have a safe. If this is the case then generally the hotel will have a main safe where you will be able to store your valuables.
Split the money
One option that will minimise the chance of having all of your money stolen, is to divide up your travel money and only take what you need with you. The rest of the money can be left safe and secure in your hotel room safe.
It’s not only money that you should consider dividing up, but also anything else that is valuable that you would normally carry around with you.
Don’t carry around high value notes
Try not to carry around £20 or £50 notes. It is much better to lose a £5 note than a £50 note. It is also going to be easier to get change if you carry around smaller money
Travellers cheques
Travellers cheques are a great way to secure your money while you are abroad. As long as you keep your serial numbers and have proof of ID, you can normally replace your travellers cheques within 24 hours. Don’t forget that it is best to keep your serial numbers separate from the actual travellers cheques themselves.
Avoid showing off your cash
Try and be subtle when paying for anything, otherwise you may look like an easy target if you have large amount of cash emerging from your wallet. It is actually probably best to try to look as though you have as little money as possible.
Do not carry your PIN around with you
If you are going to keep your PIN written down, then the best thing to do is to make sure that you do not keep it in the same place that you are keeping your cards. In the event that someone would steal your bank cards, they would also have access to the PIN as well. Not a situation that you would want to happen.
Travel Money Cards
The best option to secure your money whilst on holiday, is to take a travel money card with you. These are prepaid cards that you can top up with money before you go on holiday. These are PIN protected so if they are stolen, it will not be easy for the thief to withdraw funds.
Travel money cards are also useful to help you budget, since you can only use the amount that you choose to top the card up with. Therefore you can limit the amount of money that you wish to spend.
Many people can get into trouble when they go abroad and can lose all of their money. It is important to protect your money while on holiday to ensure that you have the best time possible, especially after spending so much on flights, hotels and extras such as air passenger duty.
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