Are there any Credit Cards which don't charge a fee when using them to withdraw cash?

icebergx

Hi everyone,

I've just read the article about using credit cards abroad and was particularly interested in the ones that don't charge you for withdrawing cash from a cash machine.
Are there any Credit Cards which don't charge you (i believe 2% is standard) for withdrawing cash in the UK, or charge at a discounted rate?

Thanks.

YorkshireBoy

Egg Money doesn't charge a fee for cash withdrawals. However, as this card is designed to be 'pre-loaded' with your spending money, if the amount withdrawn takes you into a negative balance on the card, you will pay interest.

Details here...

http://new.egg.com/visitor/0,,3_78868--View_1636,00.html

icebergx

Thanks YourkshireBoy, Interesting product. It strikes me as being quite similar to a switch card but with the bonus of cashback.
Are there any 'more conventional' credit cards which don't charge you to withdraw cash?
Of the credit cards that don't charge you to withdraw money abroad, are there any that allow you to do the same thing in the UK? It seems a bit weird if this isn't the case. What do you all think?

grumbler

icebergx wrote:

Of the credit cards that don't charge you to withdraw money abroad, are there any that allow you to do the same thing in the UK? It seems a bit weird if this isn't the case. What do you all think?

What credit cards do you know that don't charge abroad?

icebergx

According to 'cheapest way to spend overseas' article, the Nationwide card doesn't charge, but maybe I'm misreading/misinterpreting what is written.

grumbler

icebergx wrote:

According to 'cheapest way to spend overseas' article, the Nationwide card doesn't charge, but maybe I'm misreading/misinterpreting what is written.

Nationwide credit card does not charge for currency conversion (unlike other cards - usually 2.75%), but charge for cash withdrawals (as other cards; the only exception I know is Egg Money):
cash advances 1.50% (min £1.50)
http://www.nationwide.co.uk/creditcard/ClassicCard/more-details.htm

The same is clearly written in Martin's article ...

Egg Money card charges 2.65% for currency conversion and interest from the day of withdrawal.