“You’ll pay interest on that withdrawal and possibly fees too,” Gee explained.”
Additionally, travellers should avoid paying in sterling.
“If you do use a card for payment and you’re offered a choice of paying in British pounds or in the local currency, always choose the local currency,” the expert recommended.
“If you choose British pounds, you’ll be subject to their bank’s exchange rate and possibly fees too so it’s always cheaper to pay in the local currency.”
For those who are eager to stick to a budget, using cash abroad can be helpful as it’s easier to track what you’ve spent.