It may be the end of the peak summer season for most people, but for many others September is The Month for holidays.
Typically, the major tourist destinations are a little calmer, the roads and beaches quieter, the flights cheaper, and the darker days of winter closer, amongst other factors, meaning that now is exactly the time that many choose to get away.
With this in mind, and with geopolitical events such as Brexit, international trade disputes and the chaos in the Turkish economy, triggering currency swings, it is, unfortunately, all too easy for holidaymakers, expats and internationally-mobile individuals to generate excessive – yet avoidable – costs.
When you use your debit or credit card overseas and do not use the destination’s local currency, you are likely to be paying high exchange fees.
As Nigel Green, deVere Group founder and CEO, said recently: “As an expat myself, and as someone who travels internationally a lot for my work, I am speaking from experience
“Merchants typically add an extra 6% on top, but these fees can be up to 10%. All too often the customer is completely unaware of these costs.
“We believe this is wrong.
“We believe that in this increasingly globalised world people have the right to expect hassle-free, borderless access to and use of their money, without excessive exchange rates.
“This is why last year we launched deVere Vault.”
And this, we can reasonably assume, is why demand for deVere Vault is soaring!
Because, being a global currency app and Masterpaid Prepaid card, it can allow you to mitigate those ridiculous charges for accessing, managing and using your own money when you’re abroad.
Last summer, deVere ran a poll in which it was found that nine out of 10 people said that the fees for using their traditional bank debit/credit card overseas were “unacceptably high.”
But now, thanks to deVere Vault, such overcharging can now be resigned to the history books.
Wherever you are in the world, you can use your money with no stress, no hassle and no hidden charges.
Happy September!
