Top Tips for Christmas Markets from ICE Monday 27 October 2014 PDF Print Top Tips for Christmas Markets from ICE iceplc.com More people than ever are considering taking a trip to a Christmas market in Europe* this year, perhaps buoyed by the current strength of the Pound against the Euro, now offering £1 = 1.2465 Euros compared to £1 = 1.1588 Euros this time last year.** While some stall holders will take cards, in most instances cash is king, offering opportunities for buyers to barter and haggle. Leading travel money provider ICE – International Currency Exchange is reminding travellers to request low denomination notes when ordering their currency to maximise the chances of some good old fashioned haggling and reduce the risk of theft in busy markets, by taking a pin-protected prepaid currency card. “Koko Sarkari, COO of ICE said: “There are around 100 Christmas Markets in Germany alone, 25 in France, 20 in Belgium and 18 in Italy so there’s no shortage of magical places to visit this November and December. And if you fancy some haggling, you’ll need some cash to show the stall holder you mean business. But don’t be tempted to take all your spending money in cash – that could be asking for trouble. Load some money onto a prepaid currency card such as the ICE Travellers Cashcard and then withdraw what you need at ATMs and to pay for meals out and larger purchases in shops. Unlike a credit card, if a prepaid card is lost or stolen, only the amount on the card is at risk. One of the key benefits of the ICE Travellers Cashcard is that it comes with a free back up card which can be activated through one call to our team.” Top 12 Haggling Tips 1. Do your research and shop around – make sure you know the types of crafts and products on offer and what they should cost 2. Understand the exchange rate – make sure you know how much sterling is worth 3. Don’t flash too much cash – take smaller denominations 4. Learn the lingo – it’s much harder to negotiate in a foreign language so try to learn a few choice words – it may help the vendor to warm to you and lower the price 5. Every city has its key take-home souvenir – ask the locals who does the best or cheapest souvenir 6. Set a budget and don’t be tempted to exceed it 7. Don’t haggle too soon 8. Make sure you’re in control of the situation and lead the negotiation 9. Offer half of the stated price as your first bid 10. Stand your ground 11. Get the vendor to include something extra for no additional cost 12. NEVER tell them your budget Ends October 2014 * christmasmarkets.com statistics ** iceplc.com Travel Money for Home Delivery rates: 23/10/13 vs 22/10/14 Key Benefits of the ICE Travellers Cashcard|iceplc.com/cashcard • 1.5% cashback on all purchases made of £50/$50/€50 or more on the respective cards • No commission • Free to obtain if the initial load is £700 or more. If the initial load is less than £700, there is a fee of £4.75 • Free cash withdrawals from ATMs 1 • Free backup card in case of loss/theft • Free supplementary Family Cards for up to 2 family members • Free to top-up the card 2 • Free balance enquiries either online or at ATMs 3 • Free 7 day same rate buy-back guarantee – funds can be converted back into sterling at the same exchange rate 4 • No penalty fees, e.g. you will not be charged if you fail to use your card for long periods of time or if you lose your card and need a replacement, ICE will replace it for free. • Accepted wherever the MasterCard® Acceptance Mark is displayed 5 1 Some ATM operators and merchants may charge a fee or set their own limits. 2 A 2% fee will be levied if topping-up with a credit card. 3 Some ATM operators may levy their own charge for checking account balances. 4 7 days from the date of the last top up 5 The card cannot be used for participating in online gaming websites, at casinos or other gambling institutes, or to make regular money transfers. For further press information please contact the ICE Press Office at HSL: Madeleine Roles, Parm Evans or Alison Reeson on 020 8977 9132 or email@example.com Notes to editors International Currency Exchange (ICE) has been providing retail foreign exchange for over 40 years and today has over 400 locations in 20 countries, on four continents, conducting one transaction every 6 seconds. Through its retail network, ICE offers a wide range of products and services to support the travelling public’s requirements, including foreign currency and phonecards. ICE’s online products include commission free secure next day home delivery currency and the ICE Travellers Cashcard, an innovative prepaid MasterCard® in £, € or US$, which can be loaded with holiday spending money before travelling, allowing all the convenience of using a bank debit or credit card, but without the risks and charges sometimes associated. iceplc.com Find ICE on Facebook /iceplc and follow them on Twitter @icetravelmoney R. Raphael & Sons plc (Raphaels Bank) is the issuer of the ICE Travellers Cashcard and is a Bank authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Raphaels Bank is a leading issuer of prepaid cards in Europe with over 4 million cards issued through 20 partners across 14 European Countries with over 140 programmes ranging from gift cards to full Chip & PIN cards to mobile technology payment solutions. raphaelsbank.com This press release was distributed by ResponseSource Press Release Wire on behalf of Harrison Sadler in the following categories: Leisure & Hobbies, Personal Finance, Travel, for more information visit http://pressreleasewire.responsesource.com/about.