prepaid card app

Prepaid Cards vs Debit vs Credit: Which is best for your trip abroad?

Why use a prepaid travel money card instead of your usual debit or credit card overseas? Prepaid cards come with features that help you to get more out of your holiday, plus you can use them in the same way as your debit and credit cards. Here we take you through 7 key areas where prepaid travel money cards, debit cards and credit cards compete to help you decide which is the best card for your next trip.   1. Keep control of what you’re spending Unlike a debit card, a prepaid card lets you keep your spending money separate […]

Brexit: your currency questions answered

Confused by Brexit? Unsure what it means for your holiday money? There have been so many queries about Brexit ahead the UK’s scheduled departure from the EU on 31st October that FairFX has set up a dedicated Brexit Support Desk. Here, Ian Strafford-Taylor, CEO of FairFX, answers some of the most common questions the support desk has tackled. 1. What impact has Brexit had on the pound? As it stands, the pound is 12% lower against the euro since the day of the Brexit referendum in June 2016. This means Brits heading to Eurozone countries will now get £132 worth […]

Make your holiday money go further this winter

Rarely has the nation been as fixated on the performance of the pound as we have been over the last 3 years of the Brexit rollercoaster. Whether you’re a financial expert or just looking to save a few pounds, nobody can be certain about what the future holds for the pound which is why being prepared for your upcoming holidays and understanding how best to manage your travel money is more important than ever. At FairFX, we offer currency cards which make it so much easier to plan ahead for your holiday spending money as it allows you to load […]

Brexit and the pound: holidaymakers’ currency questions answered

If you’re planning a summer escape, but aren’t sure what Brexit means for your holiday money, then you’re not alone. There have been so many queries about Brexit, the ongoing negotiations and the impact it has on exchange rates, that FairFX has set up a dedicated Brexit Support Desk. Here are the answers to some of the most common questions the support desk has tackled. What has the delay to October meant for exchange rates? The pound has been on a rollercoaster journey against the euro since the 2016 referendum. The continued uncertainty that comes with the extension of Article […]

blackfriars bridge evening

Here’s how we’re helping our customers during the Brexit negotiations

Whatever your views on Brexit, it can be hard to ignore the impact it’s having on our lives at the moment. For us here at FairFX we know this first-hand because the currency markets have turned into somewhat choppy waters. Because of this, we’re keeping a close eye on the proceedings to make sure you, our customers, can navigate those waters in the smoothest way possible. Which means being on hand to answer your questions about foreign currency and, of course, to look after your international payments. To make sure we can look after your currency concerns as best we […]

Are expat mortgages harder to come by?

If you are an expat based overseas and are seeking a mortgage, it has proved more difficult to obtain a mortgage. New rules were introduced in 2014 and this made things trickier for potential borrowers whose income and expenditure had to be evidenced after this time. Following European rules introduced in 2016, individuals that are paid in a foreign currency now come under closer scrutiny during the mortgage application process. In addition, lenders operating within this sector need to conduct enhanced due diligence on each application which, in turn, means more detailed administration. This has caused some lenders to withdraw […]

melbourne skyline

Managing the cost of moving to Australia or New Zealand 🇦🇺🇳🇿

For those moving home domestically in the UK, it can be one of the most stressful and potentially expensive times of their life. There’s a host of tasks to complete on what seems like a never-ending to-do list. But if you’re moving thousands of miles away to countries like Australia or New Zealand, common emigration destinations for Brits, the stresses and costs of moving naturally multiply. If you’re thinking of making the move, follow our tips for planning ahead and cut down on costs. Visa processes First of all, you’ll obviously need to establish your visa options to assess if […]

boat beach sunset

How to buy Turkish Lira for your holiday

Fears over the health of Turkey’s finances has caused the local currency, the Lira, to take a nosedive. This means that your Pounds will now get you much more Turkish Lira than they did a year ago. In fact, last year, £1 would have bought TL4.60 but now it will get you closer to TL6.80. That’s great news if you’ve already booked a holiday to Turkey or are thinking of a last-minute trip to take advantage of the situation. But, the sudden drop means that it is actually hard to buy the currency in the UK and waiting until you […]

travel money

Five travel money dirty-tricks to avoid

Don’t you just love that holiday feeling. That moment at the airport when you begin to relax and start feeling that buzz of excitement. What’s guaranteed to spoil your great mood is when some of your hard-earned cash disappears because of a travel money dirty-trick. That’s why we’ve put together a list of 5 travel money scams to avoid, so you can keep that holiday feeling going for the whole of your trip. Our latest investigation reveals that as a nation we lose £5.4bn a year through simple travel money mistakes. Here’s how to avoid travel money rip-offs and make […]

swimming group

Home or away? A UK family staycation could cost you twice as much

There’s a common belief that spending your family holiday in the UK on a staycation can save you money compared to holidaying abroad, but our latest research suggests that’s not always the case. We’ve compared the cost of holidays and family activities in the UK, versus the equivalent in Europe and found that Centreparcs, zoos, holiday parks and camping sites are all more expensive in the UK, meaning you might not save money by staying on your doorstep. In fact families in the UK are paying up to £1,412 more for a week’s stay in Centerparcs in the UK compared […]

boy kite

Get 10% more by planning ahead with currency

As the UK’s cold weather continues, millions of us will be dreaming about Easter and summer breaks in the sun. Many of us have already booked these trips too, planning ahead to get a better price on accommodation and flights (or perhaps you’ve bagged yourself a cheap ticket for the launch of Eurostar’s new Amsterdam route). But have you planned ahead with your currency? Many people will leave their currency to the last minute, not realising how much they’re losing out by not putting a little more effort into buying currency. By simply signing up for a rate tracking service […]

How much does it really cost to move abroad?

Thinking of emigrating overseas? Before you make your decision on whether to move abroad or not it’s a good idea to consider all the costs associated with doing so. Looking at all the costs helps you decide on where to move and whether you have enough income to live comfortably. Understanding what you’ll need to pay for and what payment method you can use also allows you to reduce the overall cost of your move, meaning you can get more out of your new home. We’ve put together this guide on some key costs you’ll need to pay, and how […]