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  • FIRST POST
    • Snowedunder
    • By Snowedunder 4th Dec 17, 1:37 PM
    • 165Posts
    • 39Thanks
    Snowedunder
    Cash or card in the USA
    • #1
    • 4th Dec 17, 1:37 PM
    Cash or card in the USA 4th Dec 17 at 1:37 PM
    Ok, so let me say first I know this is a no no, but just would like to know anyway.

    Will be in US for 4 weeks soon, and will likely use my HSBC Credit Card, for up to £1000.
    This will be repaid in full 1st February 2018.

    Would it be cheaper to take this out in cash prior to leaving and convert to US $, exorbitant fees I know, or should I just use in the US as a Credit Card, again exorbitant fees, for several uses as already advised when I telephone to let them know I will be abroad.

    Unfortunately, there is no way round this as an unexpected large bill last week, means I am lower in cash availability than I should be and I leave later this week.

    Both will be expensive, but which way would be cheaper.
Page 1
    • zx81
    • By zx81 4th Dec 17, 1:47 PM
    • 15,499 Posts
    • 16,440 Thanks
    zx81
    • #2
    • 4th Dec 17, 1:47 PM
    • #2
    • 4th Dec 17, 1:47 PM
    The first involves cash and forex fee, the second just forex fees.
    • Barginhunter3000
    • By Barginhunter3000 4th Dec 17, 1:48 PM
    • 1 Posts
    • 0 Thanks
    Barginhunter3000
    • #3
    • 4th Dec 17, 1:48 PM
    • #3
    • 4th Dec 17, 1:48 PM
    Is dollars or pound worth more ?
    • Vehlin
    • By Vehlin 4th Dec 17, 2:10 PM
    • 5 Posts
    • 3 Thanks
    Vehlin
    • #4
    • 4th Dec 17, 2:10 PM
    • #4
    • 4th Dec 17, 2:10 PM
    For what it's worth I was in the USA for 6 weeks this year and I basically never used cash. All food and drinks went on my card and I used Uber to get around. So don't think you're going to need actual cash. On your HSBC card I think you'll be paying 3% fees on each transaction. So about £30 on £1000.
    • Kim_13
    • By Kim_13 4th Dec 17, 3:17 PM
    • 1,902 Posts
    • 2,022 Thanks
    Kim_13
    • #5
    • 4th Dec 17, 3:17 PM
    • #5
    • 4th Dec 17, 3:17 PM
    Use the card while you're there. Withdrawing cash on a credit card is a double no no, as interest is charged on it from the day of the withdrawal (usually at a higher rate than standard purchases.) It can also hurt your credit file as it makes you look desperate for credit, moreso than just spending on the card. It also removes the risk of carrying around large amounts of cash.
    Sealed Pot 11 #520 ~ /£100
    VSP 2018 #9 ~ £19.55/£180.00
    CCCC 2018 #1 ~ £20.75/£180.00

    I'm a Board Guide on the Savings and Investments , Budgeting and Bank Accounts , Credit Cards and Marriage, Relationships and Families boards which means I volunteer to help get your forum questions answered and keep the forum running smoothly. Please remember, board guides don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this.) Any views are mine and not the official line of MoneySavingExpert.com
    • Ebe Scrooge
    • By Ebe Scrooge 4th Dec 17, 3:26 PM
    • 4,088 Posts
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    Ebe Scrooge
    • #6
    • 4th Dec 17, 3:26 PM
    • #6
    • 4th Dec 17, 3:26 PM
    Is dollars or pound worth more ?
    Originally posted by Barginhunter3000

    Currently 1 USD is worth about 75p, so schools shoes at $3 per pair will be cheaper than £3 per pair. Muppet.
    I may not know much about art, but I know what I like.
    • Heng Leng
    • By Heng Leng 4th Dec 17, 3:35 PM
    • 4,359 Posts
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    Heng Leng
    • #7
    • 4th Dec 17, 3:35 PM
    • #7
    • 4th Dec 17, 3:35 PM
    Remember that you'd need 10% tips for practically everywhere.
    Always worth having some $1, $5 & $10 bills for that.
    • heatherw_01
    • By heatherw_01 4th Dec 17, 3:38 PM
    • 5,009 Posts
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    heatherw_01
    • #8
    • 4th Dec 17, 3:38 PM
    • #8
    • 4th Dec 17, 3:38 PM
    I always take both cash and card
    I'm the Board Guide on Quick Grabbit, Freebies, Overseas Holidays & Travel Planning and the UK Holidays, Days Out & Entertainments boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Board guides are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.
    • sheramber
    • By sheramber 4th Dec 17, 4:14 PM
    • 4,275 Posts
    • 3,234 Thanks
    sheramber
    • #9
    • 4th Dec 17, 4:14 PM
    • #9
    • 4th Dec 17, 4:14 PM
    Halifax Clarity card has no usage fees for using abroad
    • pogofish
    • By pogofish 4th Dec 17, 4:18 PM
    • 8,126 Posts
    • 8,368 Thanks
    pogofish
    The Flights, Currency and Car Hire forum in Overseas Travel has lots of pertinent advice.
    • stevenhp1987
    • By stevenhp1987 4th Dec 17, 4:18 PM
    • 496 Posts
    • 436 Thanks
    stevenhp1987
    Halifax Clarity card has no usage fees for using abroad
    Originally posted by sheramber
    Op leaves later this week. Won't be enough time to get said card.

    Op, you will need some cash for tips, but almost everything can be bought on card. I rarely use cash when I'm in the USA, but I stock up on $1 bills where I can. Useful for tipping the cleaning lady in the hotel etc.
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