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Credit Cards Abroad
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Mickey-boy
Posts: 1 Newbie
in Credit cards
This may be covered elsewhere, but I've just returned from Spain, and some credit card transactions were in Euros (duly converted by my Nationwide credit card at a rate of 1.45), whilst some were automatically converted by the bank (or possibly the restaurant) into Sterling at a rate of 1.40).
On the credit card slip I had to sign was the following :
"I accept that I have been offered a choice of currencies for payment. I accept the conversion rate and final amount. I understand that the choice of transaction currency is final."
Despite speaking to the waiter/manager, it proved impossible to pay in Euros. I 've tried speaking to Nationwide, who said contact Visa, Visa said to contact the Card Issuing Bank, and have been going round in circles.
I know it's only pennies, but they'll all add up...
Any ideas on how to get round this ?
On the credit card slip I had to sign was the following :
"I accept that I have been offered a choice of currencies for payment. I accept the conversion rate and final amount. I understand that the choice of transaction currency is final."
Despite speaking to the waiter/manager, it proved impossible to pay in Euros. I 've tried speaking to Nationwide, who said contact Visa, Visa said to contact the Card Issuing Bank, and have been going round in circles.
I know it's only pennies, but they'll all add up...
Any ideas on how to get round this ?
0
Comments
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IIRC retaillers are obliged to offer customers the option to pay in the local curency and by not doing so they are breaking the terms of their contract with visa who are saying we would rather not have to solve this problem cos we cant be @r$ed.
Write to the press kicking up a stink. That may well motivate visa/card co into compensating you and taking action against the retailler.
It also gives you a warm inner glow when you make a big national/multinational co do something they dont want to
God save the King!
I'll save Winston Churchill, Jane Austen, J. M. W. Turner and Alan Turing.0 -
Read posts #38-39,43,45 HERE. There is link to another thread inside.Mickey-boy wrote:Any ideas on how to get round this ?
The only 'sure' way to avoid this is to be prepared and sometimes pay cash instead (withdrawn with debit or cash card).0 -
There are various other threads around where people have reported the same. The banks in Spain seem to be the worst culprits. Do make a fuss, hopefully eventually Visa will force them into line if they get enough complaints. It is a scam.0
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