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Three is probably best if frequently travelling abroad. I've spent 3+ weeks in France, Spain and Switzerland in October and my bill was the same as normal. I must have used like 10GB data and a few hours of calls.
I keep a Three PAYG simcard for Feel at Home countries, it doesn't have to be a contract to use it. Having said that, Three are starting to mess about with Feel at Home, I've noticed it in 3 separate countries and the press is starting to report on it as well.
The problem is Three is throttling data, cutting actual speeds to as little as 0.1 or 0.2 megabits when using it for many things. We’re talking 2G-like speeds here, which is often too slow for some services to work at all.
It’s weird that Three allows speed tests to run at ‘full throttle’, unless it’s to trick people into thinking everything is fine?
Of late a lot of people are starting to notice all is not well when using their phone for more than using social media. While the ratio of people moaning about problems is far smaller than those saying how great it is, Three must be fully aware that many customers aren’t happy and are voicing their concerns on Twitter, Facebook, and forums.
http://jmcomms.com/2015/11/02/sort-it-out-three-using-data-abroad-feels-nothing-like-at-home/