Remember to take cash on holiday or be worse off, experts say

• Many holidaymakers are unexpectedly finding themselves in situations abroad where physical cash is essential, despite relying primarily on card payments.
• Research indicates that 39 per cent of travellers have encountered scenarios requiring cash, most commonly for tipping, taxi fares, and purchases at smaller, independent shops.
• A reliance on cards can lead to unexpected costs, such as ATM fees for emergency withdrawals or poor exchange rates at airport currency desks.
• Experts advise carrying a 'cash cushion' of local currency for unforeseen needs and understanding one's card's fee and currency conversion policies before travelling.
• Most travel insurance policies offer cover for lost or stolen cash, with a significant proportion covering amounts between £200 and £399.

IN FULL

Money experts warn of ‘costly mistake’ holidaymakers fall victim to