According to the recent data provided by the UK Cards Association, overseas transactions on UK-issued credit cards constituted less than 3% of all card transactions in 2009, with 303 million separate purchases and cash withdrawals registered.

£17.7 billion were spent on credit and debit card purchases by British citizens overseas. They also took out £7.8 billion using cash machines, which was an 8% drop on the 2008 total of £27.8 billion.

Melanie Johnson, Chair of The UK Cards Association says that despite the fact that card spending abroad saw a slight decrease last year, which can be explained by the economic crisis, their use has increased about threefold over the past decade.

Now a consumer advice guide – Using your card overseas is available to the general public due to the efforts of the UK Cards Association and ABTA, the travel association. This book provides actual tips and useful information for all categories of travellers who are going to use their credit cards abroad this summer.


The cultural transformations that have made people accept life in debt have had a direct impact on the approach youngsters take to money matters, which could lead to negative consequences in the long run as many of the next generation would resort to IVAs to cope with serious financial issues.

When we put efforts into our work and get paid for this, we get an amazing feeling of satisfaction. Our hard hard work seems to have been remunerated financially. We go shopping and buy the items we need and the items we simply want.