Cheap Travel Money Discussion Area

Baldur

CountThosePennies wrote: »

....My friend went last year and took a Nationwide card - are those still free to use abroad? They were back then but times change and all that!

Only until 1st November, see HERE, under the heading "Using your card abroad".

dipsy81

Hi

Can anyone tell me what the current sterling value for Euro's is, in tenerife please.

Thank you

Lynda

weeleeler

Hi,

Im in a very similar situation to Wesfest in that i will be travelling for a year and am looking for regular access to my money. I have gathered that perhaps the most sensible way to go is with the Halifax Clarity card which I have applied for, however unfortunately have been offered a rate of 21.9%.

I was just wondering whether this would still be the best option provided I pay off the full balance on a monthly basis?

Or maybe id be better off with the FairFX card??

Any input would be appreciated.

Thanks

CountryGoose

weeleeler wrote: »

Hi,

Im in a very similar situation to Wesfest in that i will be travelling for a year and am looking for regular access to my money. I have gathered that perhaps the most sensible way to go is with the Halifax Clarity card which I have applied for, however unfortunately have been offered a rate of 21.9%.

I was just wondering whether this would still be the best option provided I pay off the full balance on a monthly basis?

Or maybe id be better off with the FairFX card??

Any input would be appreciated.

Thanks

The monthly interest on cash with a rate of 21.9% is going to be around the 1.5% commission of FairFX (actually it's 1.66%)

It's still worth using the Clarity for spending. Try it for cash and see what you end up paying (especially if you take cash towards the statement date - less interest). And for the sake of convenience, you may just use it for everything.

Get a FairFX anyway to keep as a backup for emergencies and use it if it works out cheaper for cash.

iblametheparents

CountryGoose wrote: »

Please post amounts, currency, and dates.

Silence, I expected nothing less.

CountryGoose

dipsy81 wrote: »

Hi

Can anyone tell me what the current sterling value for Euro's is, in tenerife please.

Thank you

Lynda

xe.com is a start. The closest you'll get to this is with a good value card in the ATM.

dipsy81

Thank you CountryGoose

My friend and I went into Doncaster and got some Euro's from Co op Ilkeston Travel place and it was 1.12, think we paid about £200 + 71p for 225 Euro's.

My other friend who is also going (we go this Sunday) say's she always changes her money in Tenerife when she gets there.

What i want to know is the exchange rate in Tenerife. Would we be better off changing our money when we arrive?

This is a good site you have passed on,(ex.com) but don't know what you mean about
The closest you'll get to this is with a good value card in the ATM.
Could you explain a little more, sorry but we are all wrinklies :rotfl:

Thank you

Lynda

iblametheparents

dipsy81 wrote: »

The closest you'll get to this is with a good value card in the ATM.
Could you explain a little more, sorry but we are all wrinklies :rotfl:

Thank you

Lynda

Hi

(S)he means that the better cards, eg the Halifax Clarity and FairFX Anywhere cards are the closest cards to the market rate on xe.com

dipsy81

Thank you iblametheparents

So that means, to open a card account with the relevant companies, eg, Halifax, then take money out when needed in Tenerife?

Lynda

ryansk

Hi,

I am going round the world on a career break to S.E Asia, OZ / NZ and S.America for a year.

Just needed some final advice on the best method of taking funds.... I have trawled the forum and read the travel money section on MSE.com

To me it seems for withdrawls at atm's and purchases in shops abroad the best way forward is the Halifax clarity card at 12.9% APR paid off in full each moth.

It would also be wise to have the FairFX anywhere (£) as backup which can also be used for making withdrawls at the ATM considering there are no extra charges.....

If I should not get a clarity card at 12.9% are there any alternatives like the sainsbury's gold card or would it simply be better to have 2 fair fx cards (in case one gets lost)

Thanks for any help....