Nationwide Credit Card v Princess Cruises

hansi

I am travelling on a cruise from Sydney to Auckland and plan to use my NW card to save the currency conversion rate. In the welcome pack, Princess say that on all cards issued outside of the US and not billed in US dollars, they charge 3% for the currency conversion charge. If I do not want my charges to be converted to UK Pounds, I can do do. I guess I should do this, am I right and thern Nationwide will bill me on the exact exchange rate?

Reaper

You need to check. You want them to charge you dollars but from what you have said it sounds as though they will try to sting you for 3% and charge you in sterling.

It's a sneaky scam. See this thread.

hansi

Thank you. I have read the thread, but in my case they have given me the option of having the charges in dolars. In the last paragraph written in bold print, they say " If you do not want your charges to be converted to the currency of your card by Princess Cruises, please ensure you tick the box on the Express Check-out form which can be found in your cruise documentation" so I think I should be ok.

MarkyMarkD

Princess Cruises are taking a (vaguely) fair approach here.

If their conversion charge was 2.5%, rather than 3%, they could even claim to be saving money for most of their customers (apart from those with Nationwide or Frizell that is).

Good to be offered the option - unlike the other thread.