How to afford travel without going into debt

Set a realistic travel budget

Spontaneous trips sound cool, but your wallet might not vibe with that.

Decide upfront how much money you have to spend without using credit.

Split your budget into flights, food, accommodation, experiences and a little extra for spur of the moment buys or emergencies.

Save with a travel account

Keep your travel budget separate from everyday expenses and long-term savings, so it’s clear how much you have to spend.

With our Savings Accounts, you can:

• Name your account after your goal (like Bali 2026)
• Automate savings in our app – set it and forget it
• Earn interest while your money grows

Tip: Activate Interest Sweep to automatically transfer the interest you earn from your Main Account into your Live Better savings each month.

Choose cash or card wisely

When you finally hit the road (or the skies):

• Cash is useful for markets, taxis and street food
• Cards are safer and easier to track

Tip: If you have our Credit Card, transfer money to it before you travel. That way you spend your own money, stay out of debt and still earn 1% cash back on every purchase.

Be flexible about where and when

Not every trip has to be to the Amalfi Coast or the Maldives.

Sometimes the most random destinations, like the ones you find because the flights were on sale, turn out to be the most magical. Think pristine beaches in the Philippines or the unspoilt nature of Namibia.

Also, think about what time of year to travel. Off-peak travel means more affordable accommodation, fewer crowds and a more relaxed vibe.

Tip: Midweek flights are often cheaper and quieter.

How to manage your money while travelling

• Set a daily budget: Divide your total travel budget by the number of days you’ll be away
• Stick to your budget: Set daily limits in our app to keep spending under control
• Mix payment methods for safety: Carry some local currency for markets or tips but use your card for most purchases
• Track spending in real time: Use our app to monitor daily expenses
• Avoid unnecessary fees: If possible, use a card with zero currency conversion fees and free travel insurance
• Keep an emergency fund: Plan for unexpected costs like medical expenses, transport delays or last-minute accommodation

Hidden costs to watch out for

• Visas and travel insurance: Essential for many destinations
• Baggage fees: Budget airlines often charge for checked luggage
• Transport: Daily travel costs like taxis, trains or car hire can add up quickly
• Roaming charges: Data and calls abroad can be expensive. Consider a local SIM or use WiFi where possible
• Tips and service fees: Some countries automatically add a service fee or expect tips

Planning your next trip? Start building your travel fund in our app with 4 free Savings Accounts.