Travelling Overseas

The challenge with overseas travel is to have a great time and come in under budget. You want your plane cruising at 38,000 feet, but you don’t want sky-high vacation bills. Here are some tips to cut costs from your holiday budget without skimping on the good times.

Before you leave

When booking airfares and hotels, don’t rely on a single airline or travel website. Comparison sites trawl the internet and stack up all the airlines and travel sites. Type “comparison” into Google followed by what you’re interested in and choose the best deal.

Spending on travel insurance may save you plenty if you’re a victim of theft or suffer an accident. Insurance and travel vaccinations are often overlooked, particularly for last-minute travel. Some credit cards offer travel insurance which may be worth looking into. If you’re holidaying with family or in a group, consider renting a car to save on local transport costs. And check to see if your credit card provides free, comprehensive rental insurance at no extra cost, as that can halve your rental cost.

Staying in touch

Skype, or any similar Voice-over Internet Protocol (VOIP) software, is your friend. Skype is free to create an account and call other Skype users, from anywhere. It’s also dirt cheap to call landlines. And if you can see tourists, there’s probably an internet café nearby for you to sign in and catch up with friends and family. Even better, if you have an iPhone or Android Smartphone you can run Skype or any similar VOIP software from any Wi-Fi hotspot, which is cheap or even free at web cafés, hotels and airports.

Alternatively buy a SIM card at the airport on arrival and put it in your phone. In some parts of the world you buy “minutes”, which run down whether you make or receive calls. In others you receive calls free and use credit to phone out. And in places where networks differ, it’s sometimes best to rent a phone and a SIM. Go here for more details on international calling.

Eating out

Eating local tucker is one of the joys of overseas travel. Although it’s great to be spontaneous, some planning can go a long way. Try booking a hotel that includes free breakfast. And read local newspapers, or use smart phone apps like Yelp and UrbanSpoon, to find where the locals eat. The food will be cheaper and better, and you won’t find yourself – maybe with hungry kids in tow – settling for an over-priced tourist trap.

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Comments
jack March 17, 2012 at 11:47 am

Would just like to know which banks you are affiliated with in the united kingdom, with possible options of opening an account overseas.

Reply

NAB March 19, 2012 at 10:02 am

Hi Jack, Clydesdale Bank is part of the NAB Group – hope that helps! ^AB

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Diane April 15, 2012 at 9:18 am

We are traveling to Europe and would like a phone no for NAB that we can call in case of any banking difficulties we may encounter (heaven forbid)
Regards
Diane

Reply

NAB April 16, 2012 at 12:11 pm

Hi Diane, you can contact us for personal banking and general enquiries on +61 3 8641 9083. Hope that helps! ^AB

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Tahlia April 29, 2012 at 7:43 am

Im travelling through america for a month and then heading into mexico and am wondering how much the transaction fee is for using my debit visa card to withdraw money overseas?
I am also wondering what the fee is for an international transfer?
thanks.

Reply

NAB April 30, 2012 at 12:47 pm

Hi Tahlia, with a Classic Banking account;

There are fees for using ATMs overseas – $4 per withdrawal and $1 per balance enquiry.
There’s also a 2% fee on the Australian dollar transaction amount for cash withdrawals or purchases made in currencies other than Australian dollars.

International transfers also have an associated fee of $22. Hope that helps! ^AB

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Carrissa May 9, 2012 at 2:10 pm

Hi,

Planning to use my Qantas mastercard/american express for purchases overseas shopping/dining.
Is there any costs for every transaction used?
thanks

Reply

NAB May 10, 2012 at 11:20 am

Hi Carrissa, fees for International transactions do vary depending on the type of card (VISA, Mastercard or American Express) and if the transaction is in a single or multiple currencies. If you like, please email social.media@nab.com.au and I’ll have our team follow up directly to help further with this, thanks! ^AB

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Silvana May 11, 2012 at 5:54 pm

Hi I am travelling overseas to Europe late in the year, and was wondering whether there is a travelling card which has lower fees than a credit card. I believe it is a new thing the banks are introducing. Can you please let me know the details and where I can find more information on this. Thanks.

Reply

NAB May 14, 2012 at 1:34 pm

Hi Silvana, we have a Traveller Card available which may be suitable. Feel free to email us on social.media@nab.com.au if you have anymore questions, thanks! ^AB

Reply

Prue May 14, 2012 at 10:15 am

Hi,

Is there a list of banks you are associated with throughout Europe please?

Thanks
Prue

Reply

NAB May 14, 2012 at 1:56 pm

Hi Prue, this depends on what you wish to do in Europe – our team have sent an email to see if we can help with this, speak soon! ^AB

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