Money
In a post-Covid world the use of cash has become a thing of the past. However, it’s still nice to have a small amount of local currency in your pocket for tips and the odd bottle of water. However, how we spend overseas has changed dramatically in the last couple of years. In the last few years we have seen the introduction of Travel Money Cards. These are preloaded with your holiday money and give you greater flexibility of spending. Here at Tested by Tots, we favour the Post Office Travel Money Card.
Benefits:
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Withdraw cash from over two million ATMs worldwide
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Chip & PIN and contactless-enabled
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This is not linked to your bank account so reduces the risk of identity theft
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Get your free card and load between £50 and £5,000
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Block lost or stolen cards and send a new one to your home or holiday address
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Withdraw cash over the counter from any Post Office branch on your return
The account can be controlled from your mobile, including blocking your PIN if your card is stolen or lost. You can also top up between bank accounts and make contactless payments where available.
What if I have my wallet stolen?
If the worst happens and your wallet is lost or stolen, if you are using a Travel Card like one from the Post Office you will be able to block the cards from your mobile to ensure no one can get into your account. Most travel money providers will send a new card to your holiday resort.
If it’s your Debit or Credit card that’s gone missing, it's worth calling your bank to have the card stopped and take advice on what to do. Most can send an emergency cash advance within 24 hours.
We recommend:
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Always have a small amount of emergency cash which is separate to your bank cards
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Use a safe where available
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Use Pre-Paid Travel Cards like the one available from the Post Office, and keep this separate to your debit and credit cards
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Use a card which has a supporting App to block any cards when needed
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Don’t keep it all in one place
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Consider using a money belt for additional security or days out