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Canadians are frugal travellers

- July 29th, 2010

A recent Harris Decima survey reveals Canadians are frugal vacationers and save and budget before heading out on a trip.

More than 69% of Canadians polled said they saved money before going away on a trip. An amazing 66% said they stick to their budget while on vacation and come home without overspending.

The survey, commissioned by Thomas Cook Financial Services, also revealed that 28% of Canadians feared losing cash or having credit cards stolen while abroad. This number increases to 38% when the tourist is going alone.

A simple solution? The new Thomas Cook Visa TravelMoney Card.

“Thomas Cook Financial Services is committed to offering innovative and secure financial tools so Canadians can minimize stress and enjoy their vacations,” Kevin McAdam, director of financial services for Thomas Cook North America, said in a release. “Thomas Cook Visa TravelMoney Cards are non-personalized and PIN protected, providing welcome security features for protecting ones finances while travelling.”

The card costs $14.95 to purchase and can be used at any location that accepts Visa or at a cash machine. Point-of-sale transactions are free of charge, while ATM fees range from $2 to $3.50. Cards are currently available in American funds, with Canadian dollars, Euros and British pounds coming soon.

The best part? No bills or bank statements waiting when you get home.

“The new Thomas Cook Visa TravelMoney Card eliminates many anxieties and fears Canadians face,” McAdam continued. “Unlike cash, if your Thomas Cook Visa TravelMoney Card is lost or stolen while travelling, we will issue a new card and refund the balance. Plus, the card is not linked to your bank account, so the traveller’s money remains completely safe.”

Visit www.thomascook.ca/prepaid for more information.

- Nicole Feenstra

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1 comment

  1. Sally Stevens | August 1, 2010 at 8:14 am

    My husband and I are retired and we like to travel 4-5 times/year. Planning and budgeting is the only way we are able to do it. We plan out our trips 6mos-1year in advance and budget ourselves throughout the year to be able to make it happen. We also found a great website where we book all of our trips, http://www.itravel.com.

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