Cashing in on Continental Markets

Article Written By: bythesea

In the past couple of years the British high street has become peppered with continental festive markets, filled with bratwurst, bon-bons and boutique gifts - but a trip to the real markets on the continent can't be beaten for atmosphere, climate and festive frivolities. Get the most from your European shopping experience by following these key cash conscious tips.

Plan Ahead

Schedule your dates way in advance so you can cash in on best rates for train, sea or air travel. Some markets will be doable in a day - mostly those in France, so accommodation isn't a necessity but if you do decide to spend a night or two shop around online and via your local travel agent for any package deals that might be available.

Check Exchange Rates

Keep an eye on exchange rates and buy currency in preparation for your trip - shop around for providers to compare both rates of conversion and any admin fees that might be applicable. Especially wily shoppers may even want to select their destination dependent on the exchange rate, take your pick from Istanbul, Bulgaria and Belarus for competitive markets.

Competitive Credit Cards

If you do decide to withdraw money whilst abroad check what your provider charges for each withdrawal, plus what rates of conversion they offer. Since the demise of the last zero charge Visa debit card the market has become very competitive and shoppers are advised to check carefully and compare what's on offer.

Postage and Package

Especially important if you're flying - keep an eye on the quantity of products you'll be bringing back to the UK, there are obvious weight restrictions for planes and any excess baggage could radically bump up your costs. Shoppers may also want to check out the Boarder Control's list of banned and restricted goods - which includes souvenirs made from orchids and fruit and vegetable products from outside of the EU.

Import Taxes

For most Christmas shoppers this won't be applicable, but it's worth knowing where you stand. If you're travelling to the UK from the European Union you can bring an unlimited amount of most products into the country without incurring taxation at customs - so long as purchases have been made for personal use. Many people will be venturing to the continent to buy gifts this year and this falls outside of taxation, but if payment is received in any kind the goods can be seized.

About the Author

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