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    Travel - Money Saving Tips

  1. Join a cashback or rewards website

    These websites give you either cash or rewards for shopping (mostly online) with their affiliated partners, filling out surveys and clicking on ads. You can be rewarded when you book flights with webjet, jetstar, Virgin and multitudes of other online travel companies. Your reward points can then be converted to cash or rewards depending on the program you have signed up to. See our reviews of different rewards websites here.
     
  2. Choose the right credit/debit card -

    Apart from the usual checks you should carry out with a credit card ie. Annual fee, interest rates and interest fee period you should also check the currency conversion fee, usually about 2.5% of what you spend. If you plan to use your credit/debit card to withdraw cash, it is also worth finding out if your bank has any partnerships with foreign banks as you may be able to save on the transaction fee if you use their partner ATMs. If you cannot avoid the ATM transaction fee, try to withdraw more money in one go. This will only help if the transaction fee is a set price rather than a percentage price, so check with your bank before you go. If you are withdrawing using a credit card, be aware that credit cards will usually start to charge interest instantly on cash withdrawn, so this should be avoided.

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  4. Shop around for Travel insurance

    Travel Agents often charge huge fees for travel insurance so you should definitely shop around. If you travel a lot, you may be better off getting a yearly travel insurance policy rather than a single trip, or if you have a family it is almost always best to find a family policy. Try these reputable online insurance providers to find the beast deal for you 1cover Travel Insurance , Travel Insurance Direct, DUinsure, etc. If you are getting a yearly policy, limit the number of countries it applies to if you aren’t going to travel to all of them, particularly the US, as their health costs are astronomical.
     
  5. Travel off peak

    Try and take your holidays outside of school holidays if at all possible, if you have school aged children, look at taking them out of school a day early, you may be able to save a lot of money on flights by leaving before the rush. Sign up to online newsletters and keep up to date with the latest deals and you can also find travel websites that find the cheapest current deals for you. You can also choose your destination carefully to reduce costs. You can get cheaper flights to the South Pacific Islands from the East Coast of Australia and alternatively, flights will be cheaper to Asia from the West Coast. It may even be cheaper to find a cheap domestic flight from one city to another before embarking on your international flight.
     
  6. Buy a discount Card

    If you stay in a lot of hotels it may be worth buying a hotel discount card such as the Priority privilege card. These give you a range of discounts on different hotels as well as discounts on meals. They also usually have a bonus that will pay for the card, such as buy one night, get one free. You can also buy a card to get you access to all airport lounges, which can be a lifesaver on long haul flights as well as those airports that don't have the specific lounge your are affiliated with, see Priority Pass
     
  7. Find an International Phone Card

    Using an international phone card can cut your phone costs buy up to 90% on using a normal phone. Use a website like phonecard choice to find and compare prices on the multitude of cards out there. If you can’t get one before you travel, just look for an internet café and they will usually sell them.
     
  8. Shop around for Currency

    You should shop around for currency, as it is more than likely your local bank won’t give you a great deal, and you are even less likely to get a good deal if you wait until you get to the airport. Try using your online bank account as they may do a better deal.