Sainsbury’s Travel Money is encouraging holidaymakers to take extra care of their personal belongings while abroad, as new research(1)reveals that around 7% of Britons who have travelled abroad in the past two years have fallen victim to conmen or thieves. According to the findings, the average value of money or possessions stolen was £41
The research(1) reveals that of those people who suffered from thefts or cons in the last two years, almost two thirds (59%) had loose cash taken while nearly one in four (23%) had their entire wallets or purses taken. Other stolen items included credit or debit cards (14%), mobile phones (12%), cameras (10%), clothing (10%), iPods or similar devices (7%) and watches (6%).
Jo Nola of Sainsbury’s Travel Money said: “We go on holiday to relax and spend time with our family and friends but unfortunately, our research reveals that for some Brits this time can be marred by falling victim to local crime.
“Our research shows that cash is the most common target for thieves while on holiday so it’s advisable to avoid carrying large amounts with you, or leaving it in your hotel room. A prepaid currency card, like a Cash PassportTM, is available from us and is worth considering as it enables you to withdraw money free of charge from ATMs while abroad(2). When buying your currency you can ask for a second card, so if you lose one, or it’s stolen from you, your money is protected and your other card can be activated.”
Thefts or cons are most likely to take place in hotel rooms or on public transport, according to the research(1), with 16% of victims saying it has happened in each of these locations. Some 13% have fallen victim at a tourist attraction, 13% while walking down the street, and 10% while on the beach. Another one in 10 (10%) have been duped or robbed in a bar, 9% at an ATM and 6% while in a car, the same percentage as those who have fallen victim while in a shop.
The research also reveals an array of techniques thieves and conmen have used to swindle Britons whilst abroad in the past two years, including:
Sainsbury’s Travel Money offers the following tips on keeping your cash and possessions safe while abroad:
Sainsbury’s Travel Money provides customers with the option of ordering foreign currency online, over the phone or in-store at one of the bank’s 122 bureaux at selected Sainsbury’s stores across the UK. Customers also have the convenience of ordering currency online or over the phone and collecting it in-store or having it delivered directly to their home. Charges may apply when selecting home delivery, see sainsburysbank.co.uk for full details. Cash Passport™ pre-paid currency cards can be ordered online and in-store.
To find out more about Sainsbury’s Travel Money log onto sainsburysbank.co.uk or
call 0845 301 2724.
For further information, please contact:
Ian Morris / Tom Wilson
Citigate Dewe Rogerson
020 7282 1037 / 2842
Notes to editors:
(1) Research carried out by Vision Critical on behalf of Sainsbury’s Bank for its Travel Money division. It surveyed 2,014 UK adults who have been abroad in the past two years, between 28th-30th May 2012.
(2) ATM operators may charge a withdrawal fee or set their own withdrawal limits – however the Cash Passport™ issuer will not charge a withdrawal fee on ATM transactions abroad.
To view our latest press releases and product information, please visit the Sainsbury’s Bank online media centre atwww.sainsburysbank.co.uk/media
Sainsbury’s was the first major British supermarket to open a bank, commencing trading in February 1997. Benefiting from a fantastic, trusted brand that enables us to combine the shopping experience with personal finance, Sainsbury’s Bank provides a range of quality products including insurances, credit cards, savings and loans. Our proposition is to make shopping more rewarding by offering customers great products at fair prices, while consistently rewarding shoppers for their loyalty and being easy to do business with at all times. Our products consistently top Best Buy tables and regularly win awards for quality, price and service.
Sainsbury’s Bank recent awards in 2012 include Best Personal Loan Provider, Consumer Moneyfacts; Best Low Rate Credit Card Provider and Best Credit Card Provider for use abroad (Gold Credit Card), Moneynet; Best Loan Provider, Moneysupermarket Supers.
2011 awards include Best Overall Online Provider, Best Online Pet Insurance Provider, Best Online Personal Loan Provider and Best Direct Home Insurance Provider at the Your Money Awards. It was also named Most Competitive Term Assurance Direct Provider by Moneyfacts.
Sainsbury’s Bank is a joint venture between J. Sainsbury plc and Lloyds Banking Group.
For further information and general Sainsbury’s Bank enquiries, customers can call the freephone number on 0500 40 50 60 or visitwww.sainsburysbank.co.uk
Travel Money online and instore is provided by Travelex Agency Services Limited, registered number 4621879. Sainsbury’s Travel Money ordered by telephone is provided by Travelex Currency Services Limited, registered number 03797356. Registered office for both companies: 65 Kingsway, London WC2B 6TD.
Cash Passport: Cash Passport™ is issued by R. Raphael & Sons plc, pursuant to license by MasterCard International. MasterCard and the MasterCard Brand Mark are registered trademarks of MasterCard International Incorporated. www.cashpassport.com
Travelex In 1976, Lloyd Dorfman opened the first Travelex Bureau de Change on Southampton Row, London. He is now the Chairman of the world’s leading foreign exchange specialists. We trade in over 80 currencies and in 25 countries.
Customers can find Travelex online and in over 1,000 stores, including all the major airports. Travelex has over 500 ATMs around the world and takes care of foreign currency services for partners including banks, supermarkets and travel agencies, extending our reach to over 100 countries and 20,000 locations.
Travelex continues to grow the geographic reach, both organically and through targeted acquisitions in growth markets. Recent acquisitions include FX Africa in South Africa and Grupo Confidence, the largest consumer foreign exchange specialist in Brazil. www.travelex.co.uk
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