How can you save money when travelling to the Spanish Grand Prix?
April 26th 2010, Vanessa Whittingham @ The Currency Exchange Site
With the Spanish Grand Prix in Barcelona on May 9th the re-opening of European air space has allowed thousands of travellers to breathe a sigh of relief. For those who are travelling they will have to deal with high rates for hotel rooms, restaurants and flights. So how do you save money? With everyone searching out the best, and cheapest hotel or flight there is another way you can save money with a trip to Barcelona….make sure you get a good exchange rate for your Euros.
The pound to euro exchange rate is still relatively weak, with one pound getting you €1.16 at Interbank rate there is an improvement on rates around Christmas but nothing compared to the rates a couple of years back. Therefore, the importance of getting a good rate is all the more relevant, as the difference of a few cents in the exchange rates really can add up when changing hundreds or thousands of pounds.
It is no secret that exchange rates can be quite different depending on where you change your money and for this reason, it is important to review your travel money options before setting out. Selecting the right product is key. Cash gives you flexibility, and easy access to your money. However, with Barcelona’s fame for pick pockets, carrying a large amount of cash would be foolish.
Then you have cards. Prepaid currency cards allow you to be plastic savvy, while protecting your money against theft or loss. You can also set your budge before you leave, preventing you from overspending in a moment of excitement! The lower ATM fees and no transaction fees also make these cards more cost effective than your usual UK bank cards. This will help your journey run smoothly as well as ensure that you will not be faced with hidden fees and other financial surprises come the end of your trip. After all, the last thing you want to deal with after an enjoyable trip is unexpected charges.
Travellers cheques are still used by some, but when you are in Barcelona for a weekend, do you want to spend a couple of hours hunting out a currency exchange when you could just go to an ATM?
The internet now makes it easier than ever to both research and secure the absolute best exchange rates possible. To help you find the best deal and cheapest travel money option, comparison websites allow you to compare currency exchange rates, fees and delivery options. Your decision on which product to get can be supported by comparing the offered exchange rates. By buying your travel money before your trip, you will be able to better budget for all of your expenses as well as even have the option of indulging a bit due to the money saved, perfect for a day at the Grand Prix!
