Nationwide flexiaccount cards abroad

nickcollett

I have read and I know that Nationwide flexiaccount cards are one of the best forms for taking money out on your card abroad, just wondered what sort of rate you get when paying on your card? Would it be the tourist rate or somewhat better perhaps?

ManAtHome

I've normally found it close to inter-bank rates - Oanda gives current and historical rates http://www.oanda.com/ (although things are very volatile now, so the rate could vary quite a bit during the day). Currently showing 1.239, I''d expect around 1.235 ish...

benjus

The actual rate used is set by Visa, and is effectively the same as the interbank rate (for major currencies at least). You can find the current Visa rates here: http://corporate.visa.com/pd/consumer_services/consumer_ex_rates.jsp

(put 0 in the bank fee box)

Voyager2002

nickcollett wrote: »

I have read and I know that Nationwide flexiaccount cards are one of the best forms for taking money out on your card abroad, just wondered what sort of rate you get when paying on your card? Would it be the tourist rate or somewhat better perhaps?

A good deal better than the tourist rate.

However, if you are paying for things you might consider using the Nationwide or Post Office credit card (or perhaps the Abbey Zero), so that you get interest-fee credit for a month and consumer protection as well as a great exchange rate.

GhostDog_2

Voyager2002 wrote: »

A good deal better than the tourist rate.

However, if you are paying for things you might consider using the Nationwide or Post Office credit card (or perhaps the Abbey Zero), so that you get interest-fee credit for a month and consumer protection as well as a great exchange rate.

I'm having to admit to being a bit of a cc-virgin here....(although I have learnt via the boards how to shift balances and keep loans interest-free)

I have a Nationwide cc with zero balance on it at present but I hadn't thought about taking it abroad next month Presumably I could use it to pay for car hire etc then?

I think I've got a lot more to learn!

steveo3002

alot of places insist on a credit card for car rental and hotel deposits , so is suggest you take it

Fortyfoot

The rate I got on thhe 21st October was -

"Cash Fuengirola, Urb FUENGIROLA 110.00EUR at 1.285 £85.54"

Fortyfoot

nickcollett

Fortyfoot wrote: »

The rate I got on thhe 21st October was -

"Cash Fuengirola, Urb FUENGIROLA 110.00EUR at 1.285 £85.54"

Fortyfoot

Ohh fuengirola.. I know the place, I lived in Calahonda (next to it) for a year last year. Good rate also by the way.