Everyone is looking to save money on their holiday expenses, especially with the number of different fees and charges that budget airlines in particular are levying against passengers. There is one simple way to save money when using budget airlines, however, and that is to use a prepaid MasterCard to book your flights.
BBC television’s flagship consumer programme Watchdog recently interviewed Martin Lewis from moneysavingexpert.com, to discuss the increasing number of fees and charges that budget airlines are levying on passengers. While the news was not particularly good, there was one great piece of advice for passengers seeking to save money on their holiday flights.
Many companies, such as Ryanair, charge passengers a £5 booking fee for each flight, meaning that a typical journey (for inbound and outbound flights) incurs a £10 booking fee, per person. For a family of four, this is an additional £40 per round trip. Thankfully this cost can easily be avoided if you pay with a prepaid MasterCard.
In addition to this simple saving, many prepaid cards offer other ways to save money. Cashplus, who were one of the first prepaid credit card companies, offer linked currency accounts to their customers, which are a great way to organise your holiday spending money.
Not only is getting your currency on the high street expensive and time-consuming, but carrying around large sums of cash or travellers cheques carries its own risk. Using a prepaid MasterCard from Cashplus means that you get:
· No commission
· Excellent exchange rates, often much better than those available in high street bureau de changes
· No purchase fees for US Dollar or Euro transactions
· No ATM fees
· No monthly fees
In essence, this is like having the convenience of a credit card and the accessibility of your own bank account while you are away in the US or in the Eurozone. Best of all, provided you use the card in line with the terms and conditions, your money and card is completely safe.
In addition, each time you use a Cashplus prepaid credit card, you can save even more money as part of their Cashback Rewards Programme. This offers those enrolled the chance to save even more money on future holidays, by allowing them to earn rewards when they use their Cashplus prepaid MasterCard.
Holidays can be expensive, but a prepaid MasterCard can prove to be a shrewd investment, offering you not only the best way to organise your holiday spending money, but also the easiest way to save considerable amounts of money too.