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Holiday Money
£2500

Content
  • Introduction & ScopeToggle
    • Report coverage
    • Definitions
    • Methodology
    • Abbreviations
  • Report SummaryToggle
    • A £22bn market…
    • …but one likely to grow modestly in the next five years
    • Foreign currency the most widely used
    • Four types of payers
    • There is the accountant in all of us
    • Six budgetary types
    • Foreign Exchange: a last minute thing
    • Travellers’ cheques: losing favour
    • Credit cards: for those who can’t control themselves
    • Debit cards: growing in popularity
  • Type of Holidays TakenToggle
    • One in four go it alone
    • The week or fortnight away dominates
    • Three holiday behavioural groups
    • Convenience drives usage
    • Four payment types
    • Independent holidaymakers like their cards
    • Note Takers carry lots of cash with them but not in big denominations
  • Holiday Planning and BudgetingToggle
    • Holidaymakers plan rather than wing it?
    • Holidaymakers run a tight budgetary ship
    • Budgeting and overspending
    • Past experience tends to sets budgets?
    • Six budgeting groups
    • Budgeting encourages note taking
  • The Foreign Exchange Consumer Toggle
    • Holidaymakers buy their FX a few days before travelling
    • Most collect their foreign currency in person
    • Spendthrifts do more of their arranging overseas
    • Post Office – prime outlet for FX
    • One in five get FX abroad
    • Most consumers search for the best deals
    • Searching for information on currency exchange rates
    • Do consumers know what they are buying?
    • Does knowledge lead to searching or searching lead to knowledge?
    • Budgeting also promotes secure activities
  • The Travellers’ Cheque ConsumerToggle
    • Travellers’ cheques arranged well in advance
    • UK high street dominates the distribution chain
    • Most search but relatively few search extensively
    • Consumers seem to know what they are buying
  • The Credit Card UserToggle
    • Credit cards are for impulse buys
    • New card or old card?
    • Consumers tend not to withdraw cash
    • The new card used like a debit card
    • Credit card users favour online information
    • Do consumers understand what using a card overseas implies?
  • The Debit Card UserToggle
    • Pre-paid card users budget better than debit card users
    • Traditional debit card users also like FX
    • One quarter use ATMs to get FX
    • Overseas pre-paid card or UK card?
    • The branch is the main sales channel
    • Consumers look around for the best deal
    • Consumers know what they are buying
    • Pre-paid card users more likely to search online
  • Company Profiles & BrandsToggle
    • Post Office the leading source of foreign currency
    • Post Office also the largest supplier of travellers’ cheques
    • And the PO is number one in pre-paid cards
  • Market SizeToggle
    • Return of the packaged holiday
    • Exchange rates influence the market
    • The longer the holiday, the greater the need for spending overseas
    • Need for money abroad rises with age
    • Spending overseas now an extension of spending in the UK
    • Debit cards the star performers
  • The FutureToggle
    • The end of travellers’ cheques?
  • Appendix
  • DownloadsToggle
    • Questionnaire
    • Report PDF
    • Datasheet
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LATEST RESEARCH | 25 May 2013
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