A new credit card from the Abbey that doesn't charge consumers for taking money out abroad has been hailed as the perfect tool for reducing holiday debt this summer.
MoneyExpert say that the credit card is perfect for use over the summer because of its special introductory rates and flexibility in foreign countries, but isn't as beneficial in the long term.
He commented, "The card's high balance transfer and purchase fees after the initial six-month interest free period means it won't hold its own amongst the more serious rate tarts."