According to analysis from MoneySupermarket, despite recent fluctuations on the value of GBP/EUR currency exchange rate, last minute holidaymakers who haven’t yet sorted their travel money can still benefit from shopping around, saving up to £73 on the purchase of €1,000 before they jet off this half term.

The comparison site says that even a few minutes spent pre-ordering money online for same day collection in London could save up to £73.

For example – pre-ordering €1,000 online with central London collection with ICE would cost £862.07, compared to a direct purchase at Travelex Gatwick, costing £934.58.

Bob Atkinson, travel expert at MoneySupermarket.com, said: “It comes as no surprise that travellers exchanging their travel money last minute at the airport could end up paying well over the odds.

“With exchange rates fluctuating daily, and the GBP/EUR rate at its lowest for 7 months, many holidaymakers heading off on a half term trip may be worried about how to make their money stretch further. But it’s simple to get more bang for your holiday buck, with just a small amount of pre-planning.”

“Using a credit or debit card designed for overseas use could be your best option. By applying and using a card designed for this type of spending, you can benefit from some of the best deals around, coupled with the safety of using a pin protected card.

“Those planning to use a debit or credit card should always check the small print to ensure they understand any charges before setting off abroad – or they could be greeted by a hefty bill on their return.”

Those heading off to the ski slopes are also being advised to pay close attention to their insurance policy and ensure it includes winter sports protection such as piste closures, avalanche closure and off-pister skiing.

It’s also essential to check whether emergency transport to hospital and back home is included in policy wording under medical expenses.

Bob Atkinson, travel expert at MoneySupermarket, said: “It is vital to check the small print on these policies as insurers will make certain stipulations in order for cover to remain valid, for example, wearing a helmet.

“As well as suitable travel insurance, travellers should also make sure they have a valid European Health Insurance Card (EHIC) when travelling within the EU.

“This will entitle you to state healthcare at a reduced cost, or in some instances for free. Each member of your family will need to own a card in order to be covered however this should be used alongside your insurance policy, not as a replacement.”