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Unlike similar products fromother companies, Tesco does not charge fees for card issue, loading,commission, foreign purchase or even a monthly administration fee.
A study of holiday money habitscommissioned by Tesco Personal Finance to mark the launch shows that despitethe current uncertain economic times, many holidaymakers are not budgeting forhow much they will spend once they reach their holiday destination. Sixty threeper cent of those surveyed said they are not setting daily limits for theirspending on holiday abroad.
The study, involving 2,000 Britishtravellers, also found the instance of theft to be worryingly common, with 9%of Brits having had their wallet/purse stolen while abroad. It is a particularissue for young people, with twenty three per cent of travellers aged 18 andunder having been a victim.
More than 7% of those surveyed said thatthey had had items stolen from hotel safe or room deposit boxes.
Some tourists are resorting to unusualmeasures to outwit pickpockets. In the study, 4% admitted to carrying money intheir underwear, while one in ten said that -- despite the accessory havinggone out of fashion in the late Eighties -- they still use a ?bum bag? toreduce the risk.
The Tesco can be used abroad at more than24 million locations ? anywhere there is a MasterCard acceptance logo.
| Prepaid Card | Card Issue Fee | Foreign Purchase Fee | Foreign ATM Withdrawal Fee | Load Fee (?/$) | Second Emergency Card Fee |
| Tesco Travel Money Card | Free | Free | ?3/$4 | Free | Free |
| Lloyds TSB Travel Money Card | ?7.50 | Free | ?1.50 | Free | ?50 |
| Post Office Travel Money Card | Free | Free | ?2.00 | Free | ?35 |
| InsureandGo Travel Card | Free | ?1.00 | 2% (min ?2.40, max ?10) | ?1 | N/A |
| Caxton FX Card | Free | Free | ?2/$3 | Free | ?50 |
Sourced by 17/6/08.
Please noteother fees may apply
?We want to offer our customersa smart, safe way to access funds abroad,? says Yvonne Byrne from TescoPersonal Finance. ?We're confident that the card is the best value product onthe market, and given the rising cost of overseas travel, every little helps.?
Forfurther information, please contact:
Ra Fletcher
Haggie Hepburn
Tel: 020 7334 7777 / 0751 8898 087
Notesto editors
? Tesco doesnot charge fees for card issue, loading, commission, foreign purchase or even amonthly administration fee
? Customers receive afree second card for use in emergency, if the first card is stolen (second cardis not activated until stolen card is deactivated)
? Customers can top upthe both in the UK
? OnePoll carried out anonline poll of 2,000 British travellers between Wednesday 25th andMonday 30th June, 2008
? High resolution imagesare available for the media to view and download free of charge from
Tesco Personal Finance
TescoPersonal Finance Limited is a joint venture between The Royal Bank of Scotlandplc and Tesco PLC. Tesco Personal Finance Limited. Registered in Scotland 24 St Andrew Square , Edinburgh , EH2 1AF
Tesco Compare
TescoPersonal Finance Compare Limited is a part of the Tesco Personal Finance Group,a joint venture between The Royal Bank of Scotland plc and Tesco PLC. TescoPersonal Finance Compare Limited. Registered in Scotland 24 St Andrew Square , Edinburgh EH2 1AF
Authorisedand regulated by the Financial Services Authority.
Tesco can be ordered online at
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