As the Dollar and Sterling fall against the Euro make sure you get the best deal on your holiday travel money

Planning a half term holiday or some winter skiing? Make sure you get the best deal on your holiday travel money, particularly as both the pound and dollar struggle against the euro.

Summer is fading fast and many are turning their attention to their next holiday – maybe some more sun or a spot of skiing?

Getting the best holiday travel money deal is key.

Get a prepaid currency card, such as that offered by CaxtonFX or FairFX and you could save significantly compared to other less competitive holiday products.

According to moneysupermarket.com there is a stark difference in the cost of obtaining €1,000 if you opt for a prepaid currency card rather than simply use foreign currency or Travellers cheques.

Using a CaxtonFX prepaid card – €1,000 would cost £899.36

Getting Foreign currency or Travellers cheques from Travelex Online – €1,000 would cost £939.09

Another option is a Nationwide debit card which offers good rates outside of the UK and has no charges for usage within the European Visa Region.

Peter Harrison of moneysupermarket.com comments ‘It’s all about selecting the best type of financial product for your needs.

Unfortunately there is no one product that ticks every box, especially when it comes to getting the best deal for your money whether you are at home or abroad.

Brits need to be savvy and look at all the otpions available.’

Find out more about prepaid currency cards with our article ‘Currency cards – are they the best option for travel money?‘