Britons are set to spend £62 million on unnecessary credit charges while abroad between now and the end of the year, according to research.The Post Office has revealed that £3 billion will be spent on credit cards by UK holidaymakers in that period, with 4.8 million travellers potentially facing unnecessary charges at an average rate of 2.99 per cent.Around one in ten of those surveyed (13 per cent) claimed they did not know whether they would be charged for their spending while abroad.Moreover, over half of respondents said that they would still use their card aboard despite being aware of the potential fees.Az Alibhai, head of cards at the Post Office, said: "This summer millions of travellers will waste money on unnecessary fees, and worryingly many are not even aware of how much this will increase their holiday spending."Holidays should be a time to relax and enjoy yourself, but these extra pounds paid every time you make a purchase could result in extra stress when the credit card bill arrives."Mr Alibhai advised customers to use a fee-free card when in a foreign country to save money on credit card charges.Posted by Amir HussainAmir specialises in personal loans, consumer debt and debt management
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