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Strong pound should allay some fears about costs, as new research from the Ukash Travel Money Card highlights top concerns for holiday bookers
www.ukash.com

London, May 2015 – With the Spring half-term just around the corner, the continuing strong performance of the pound against the Euro and Dollar should be good news for many families. Especially as new research from the Ukash Travel Money Prepaid MasterCard* card reveals that for more than half of Brits, booking a holiday comes with anxieties about the cost.

When it comes to holiday worries, 59% of respondents to the Ukash research said they get anxious about the cost of the trip. The best way for travellers to get the best out of their holiday spending money is to load funds onto the Ukash Travel Money card while the rates are favourable. By buying their currency in advance to beat any drop in the pound, they can get more spending power.

Since last week’s General Election, the pound has gained 2.4% against the US Dollar and 3.5% against the Euro. And British holidaymakers are considerably better off than they were this time last year, when spending abroad. Travellers get an extra €77 for every £500, compared to 2014, making this a great time to think ahead and buy holiday currency for trips to Europe and the US*.

Once the holiday is booked, 29% said the thought of a long journey makes them anxious. And a nearly a third (32%) worry about letting their partners down if they’ve made a bad choice of destination or hotel. For 36%, the thought of going somewhere unfamiliar is a concern.

Understandably, cost is the main concern for people booking holidays, but the choice of destination and the thought of going somewhere unfamiliar can also weigh on their minds. That’s where good planning comes in. As well as researching the hotel and destination, it pays to shop around for the best rates on currency. The Ukash Travel Money card offers a safe, easy and secure way to make holiday spending money go further. As well as guaranteeing the best FX rates, it has no fees for usage or access to ATM withdrawals abroad, making it the smart travel companion.

The Ukash Travel Money MasterCard: The Facts

• Lowest FX Rate on the market
• No transaction fees
• Free ATM withdrawals in Europe and the US
• Free balance enquiries online, at ATMs and SMS
• Available in Euro and US Dollar
• Free top up by debit card
• No application fee
• No annual fee
• Chip and PIN security
• Use at over 34 million outlets that show the MasterCard Acceptance Mark
• Minimum load value: £50
• Maximum single load: £2,000

END

*Ukash Holiday Booker Survey- 1067 respondents- March 2015
**Source http://www.thisismoney.co.uk/money/markets/article-3077013/S...


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For further press information or interviews please contact the Ukash Press Office at HSL: Wendy Harrison, Clare Watson or Ed McCambridge. +44(0)208 977 9132. ukashteam@harrisonsadler.com

Notes to Editors

Ukash is regulated by the UK Financial Conduct Authority (FCA).

The Ukash Travel Money Prepaid MasterCard is issued by Prepaid Financial Services Limited pursuant to a license from MasterCard International Incorporated. Prepaid Financial Services Limited is regulated and authorised by the Financial Conduct Authority, registration number 900036. Registered Office: 36 Carnaby Street London, W1F 7DR.

About MasterCard

MasterCard (NYSE: MA), www.mastercard.com, is a technology company in the global payments industry. We operate the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. MasterCard’s products and solutions make everyday commerce activities – such as shopping, traveling, running a business and managing finances – easier, more secure and more efficient for everyone. Follow us on Twitter @MasterCardNews,join the discussion on the Cashless Pioneers Blog and subscribe for the latest news on the Engagement Bureau.

This press release was distributed by ResponseSource Press Release Wire on behalf of Harrison Sadler in the following categories: Personal Finance, Business & Finance, Travel, for more information visit http://pressreleasewire.responsesource.com/about.