Slash HUNDREDS off the cost of your summer holiday spending with one of these cards

You’ve checked your passport is valid, bought travel insurance and packed your beachwear. But changing pounds for cash in the currency of your destination has fallen down your to-do list. The good news is you need not pay over the odds in foreign transaction fees, or a huge commission on currency exchange at the airport.

Big banks such as Lloyds, TSB and Halifax charge as much as 2.99 per cent on card transactions abroad, which works out at nearly £30 on every £1,000 spent. But there’s a range of banks that don’t charge any such fees and it takes minutes to

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