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do any offshore banks offer credit cards ?

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do any offshore banks offer credit cards as part of having a savings or current account ?

if so, do any of them offer the 0% fee for taking out money overseas ?


many thanks in advance for any replies:beer:
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Comments

  • Jonbvn
    Jonbvn Posts: 5,562 Forumite
    Part of the Furniture 1,000 Posts
    Most of the high street banks have offshore subsidiaries that offer credit cards. All credit cards charge you for withdrawals.

    I think you require a debit card. Nationwide offer the best deal for international ATM transactions. Not sure if the have an offshore branch. You need to check.
    In case you hadn't already worked it out - the entire global financial system is predicated on the assumption that you're an idiot:cool:
  • gozomark
    gozomark Posts: 2,069 Forumite
    thanks !

    NW IOM don't, and I haven't spotted any high street bank that do offer either debit or credit cards offshore - maybe I haven't been looking in the right place, but can you name one of them, especially if its a debit card :beer:
  • eeja
    eeja Posts: 374 Forumite
    gozomark wrote: »
    thanks !

    NW IOM don't, and I haven't spotted any high street bank that do offer either debit or credit cards offshore - maybe I haven't been looking in the right place, but can you name one of them, especially if its a debit card :beer:
    Actually I have and that was 15 years ago and was unique. The card was issued in IOM or Guernsey, can't remember which, for expats and with it came an interest rate and a promise for life that it would be linked in some way to base rate.
    The bank broke their promise after 5 years so I cancelled their snazzy multicoloured card with a globe on it and shut account deciding NEVER to use that bank again. [details in my loft if really required]
    The name of the bank ? The Co-operative Bank.
  • gozomark
    gozomark Posts: 2,069 Forumite
    Co-op offshore is in Guernsey

    http://www.co-operativebank.co.uk/servlet/Satellite/1193206370390,CFSweb/Page/Bank-CurrentAccounts

    then "offshore banking" in the menu on the LHS

    pathfinder worldwide account - offers a debit card - I'll have a look and post back
  • eeja
    eeja Posts: 374 Forumite
    gozomark wrote: »
    Co-op offshore is in Guernsey

    http://www.co-operativebank.co.uk/servlet/Satellite/1193206370390,CFSweb/Page/Bank-CurrentAccounts

    then "offshore banking" in the menu on the LHS

    pathfinder worldwide account - offers a debit card - I'll have a look and post back

    That's the one mate !
  • Baldur
    Baldur Posts: 6,565 Forumite
    gozomark wrote: »
    pathfinder worldwide account - offers a debit card - I'll have a look and post back
    Unlike the NW Flex Account Debit Card, the offshore one has the usual foreign Currency & transaction fees that are applied by other banks - http://www.co-operativebank.co.uk/cfscombi/pdf/Pathfinder_Account_Charges.pdf
    See "VISA Charges"
  • eeja
    eeja Posts: 374 Forumite
    Baldur wrote: »
    Unlike the NW Flex Account Debit Card, the offshore one has the usual foreign Currency & transaction fees that are applied by other banks - http://www.co-operativebank.co.uk/cfscombi/pdf/Pathfinder_Account_Charges.pdf
    See "VISA Charges"

    I thought is was a known fact that Nationwide and only N/W offers the best and only fee free deal. !
  • gozomark
    gozomark Posts: 2,069 Forumite
    eeja wrote: »
    I thought is was a known fact that Nationwide and only N/W offers the best and only fee free deal. !

    I thought the Abbey did as well, but again onshore - I'm after offshore
  • Baldur
    Baldur Posts: 6,565 Forumite
    gozomark wrote: »
    I thought the Abbey did as well, but again onshore - I'm after offshore
    That's the Abbey 'Zero' Credit Card I believe and, as you say, onshore only.
  • Jonbvn
    Jonbvn Posts: 5,562 Forumite
    Part of the Furniture 1,000 Posts
    gozomark wrote: »
    thanks !

    NW IOM don't, and I haven't spotted any high street bank that do offer either debit or credit cards offshore - maybe I haven't been looking in the right place, but can you name one of them, especially if its a debit card

    HSBC International in Jersey offer debit cards in Sterling or US$. However, they are no where near as good VFM as the Nationwide debit card (certainly NOT 0%)

    https://www.offshore.hsbc.com/1/2/international/current-accounts/offshore-bank-account#2
    In case you hadn't already worked it out - the entire global financial system is predicated on the assumption that you're an idiot:cool:
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