Those taking holidays in Spain and other destinations overseas should carry a mixed wallet, with a combination of cards, cash and travellers cheques
Tim Pie, a spokesman for HSBC said holidaymakers should also notify their bank if they will be carrying out transactions abroad.
Holidaymakers failing to contact their bank could see their card blocked.
"In the vast majority of cases of we block a transaction and telephone customers so we would advise customers to keep their mobile and contact details with them when they travel," Mr Pie commented.
The classic travellers cheque is an excellent "fall-back" option for holidaymakers concerned about carrying money overseas, he added.
The euro may have gained strength against the pound in recent months, but holidays in Spain still offer excellent value.
That is according to the latest Post Office Holiday Money Report, which revealed that Spain is the best-value destination within the eurozone.
Results show that the cost of a three-course meal with wine is the same in Spain as it is in Bulgaria.
Furthermore, the average cup of coffee is priced at just £1.
Taking a holiday in Spain without travel insurance is "irresponsible", it has been claimed.
Speaking recently, James Furse, managing director of travel insurance firm greenbee.com, said it was "short-sighted" of people to neglect their insurance needs.
"It is more and more important now.
Visitors to La Manga Club who decide to take a trip to Alicante will soon be able to take advantage of an ultra-modern public transport interchange.
Typically Spanish reports that the designs for the new Central Station were unveiled by Alicante's mayor Sonia Castedo this week, revealing a futuristic image for the hub.
The man behind the striking appearance is architect Emilio Vicedo, while the project is set to cost up to 35 million euros.
As well as offering interchange services for local train lines, buses and trams, the station will be a stop for AVE high-speed trains.
Families looking to make the most of their money when heading abroad this year could do worse than renting an apartment in Spain, judging by the results of a new study.
The Post Office Holiday Money Report has listed the top ten most affordable destinations for British holidaymakers and ranked Spain in tenth place.
Indeed, despite a competitive performance from Greece and France, Spain was the only country from the eurozone to break into the top ten.
Andrew Spice of Post Office Travel Services said that given the performance of the economy and sterling, people from the UK will be checking prices carefully this year.
Home to some of Europe's best sporting facilities, La Manga Club is a one-stop shop for those looking to boost their fitness and stay in shape. However, the resort also caters for those looking to relax and unwind in stylish surroundings.
With its superb range of treatment packages and relaxation facilities, Spa La Manga Club is an ideal choice both for those seeking a dedicated spa break and those simply looking for a relaxing one-off treatment.
Located on a hillside, overlooking the resort, the spa is set over two floors and boasts 13 elegant treatment rooms, including two specially designed couples' rooms.
Those looking to snap up bargain deals on holidays to Spain and other popular destinations should book early, it has been claimed.
Emma Waddell, head of PR at Thomson and First Choice, said that travellers booking their holidays now are likely to find the best deals.
"There will always be odd pockets where someone's cancelled but we actually do believe that the best prices are this time of year," she commented.
With some companies merging and others collapsing, many tour operators are cutting their capacity for 2009 and last-minute deals will be hard to come by, Ms Waddell added.
A new study has revealed that despite the economic doom and gloom, over 13 million Brits will have booked their summer holidays by the end of February.
The research, carried out by Sainsbury's, found that those booking a holiday in Spain or elsewhere will spend an average of £881.83 each.
Those taking holidays in Spain this winter should consider taking out a comprehensive insurance policy before travelling.
A recent study by Saga revealed that the average winter holiday suitcase is worth £238 more than summer bags.
Results show that one in ten Brits carry a suitcase worth £643 during the winter, compared to £405 in the summer months.
"The research revealed a worrying fact that many people do not keep receipts and may not therefore know the makes and models of items in their case, which could make it more difficult for them to make a thorough claim for any loss," Saga said.
The world-famous Harlem Globetrotters are set to perform in Benidorm later this year.
More than 128 million people have already seen the team perform, according to the Benidorm Spotlight.
The match will take place at L'illa Sports Palace on May 21st, with the Globetrotters going on to perform in Valencia, Madrid, Badalona, Zaragoza and Seville.
A number of events will also be taking place around the main arena, with a "street" zone where visitors can try their hand at basketball.