The Money Saving Expert offers advice after saying showing up at Manchester Airport and parking for the day will cost £400 for the week
Money Saving Expert’s Martin Lewis has shared a handy tip that could save travelers hundreds of pounds a week over the summer holidays.
On his Martin Lewis Money Show Live, the economist revealed how passengers are spending big bucks on expensive airport parking.
The finance guru explained how you can save money by simply booking a parking space before you leave.
Here’s the top advice Martin Lewis gave for those looking to save money.
What’s his airport parking tip to save money?
Martin Lewis advised booking airport parking early rather than showing up on the day and having to pay hundreds a week.
He said if you book a place in advance you can save a lot of money.
Martin said: “Airport parking, book in advance. Even if it’s during the day.
“To give an example, we found a case where if you show up at Manchester Airport and pay there, it’s £400 for the week.
“If booked in advance that morning it was £130.”
He added: “Better still, if you’ve booked earlier, there are comparison sites for that too.”
He also advised travelers to visit comparison sites to check hotel prices and make the most of free cancellations.
What other tips did he share?
During the show, Martin explained to his viewers the best way to save money abroad by using a credit or debit card.
However, he emphasized that in order not to have to “pay to pay” on vacation, you need to choose the right card.
He showed three types of cards that are best when traveling abroad:
- Chase debit card
- Halifax Clarity Credit Card
- Barclaycard Rewards credit card
All three cards have no exchange rate fees and there is no interest on expenses as long as you pay in full.
Martin said that of the three cards, the Chase debit card is the best to use overseas as it offers 1% cashback on purchases made.
He explained that using cash is still a good way to spend money abroad, but cautioned that Bureau de Change cash rates are often outperformed by debit and credit cards.
If you choose to use cash, Martin recommends never exchanging cash at the airport.
He advises always using a travel money comparison site to look for the best rate.