Have you ever been stranded abroad without money?
Checklists are a must on holiday for most people, making sure that you have everything you need, but can you ever imagine being stranded without money?
Research conducted by my Travel Cash has shown that almost one in four Brits has been marooned abroad without access to cash.
The top causes of being caught cashless abroad are overspending, a victim of crime and managing to misplace money.
Interestingly 60% of those left without money while away were younger travellers, aged under 25, suggesting this group in particular are vulnerable maybe due to inexperience in managing money or as they tend to be greater risk takers than older travellers.
Myles Stephenson, CEO of my Travel Cash, who conducted the survey, has commented: “Keeping currency safe and secure while abroad is essential for enjoying and getting the most out of your holiday. No one wants to lose precious time on hold to his or her bank or to be calling on family members back in the UK for help. It is even worse when these incidents occur at nighttime or weekends, only to be met with a frustrating automated message advising the panicked holidaymaker to call back during working week opening times.
“To safeguard against this holiday nightmare, we have introduced a dedicated 24/7 Customer Service line, allowing customers to get in touch whenever is convenient for them. Our customers can rest assured that no matter where they are in the world or what time zone they’re in, one of our Customer Service team will be on the other end of the phone to assist them.
“In addition to ensuring our Customer Services team are always on hand to help customers, as my Travel Cash Cards aren’t linked to a bank account, if lost security isn’t compromised, and funds can simply be frozen or transferred to a second additional card. We encourage our customers to opt for a second additional card, meaning there is always a backup should the worst case scenario occur, making it well worth the extra cost of just £3.”
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