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Tesco Currency Warning

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Comments

  • cjc3001
    cjc3001 Posts: 215 Forumite
    Part of the Furniture Combo Breaker I won, I won, I won!
    I don't mind you asking at all - Visa debit - no additional charge incurred.
    Best 2013 win - £2k trip to China!
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  • Incapuppy
    Incapuppy Posts: 5,713 Forumite
    cjc3001 wrote: »
    I don't mind you asking at all - Visa debit - no additional charge incurred.

    Well unless the T&Cs have changed, I hope it wasn't either

    Lloyds:

    http://forums.moneysavingexpert.com/showthread.html?t=1124629&highlight=visa+debit+charge+for+currency

    or Barclays:

    http://forums.moneysavingexpert.com/showthread.html?t=1485161&highlight=visa+debit+charge+for+currency

    I'm sorry I don't know which other Visa Debit cards do/don't charge for purchasing foreign currency.
  • stephb34
    stephb34 Posts: 2,064 Forumite
    Part of the Furniture Combo Breaker
    cjc3001 wrote: »
    I don't mind you asking at all - Visa debit - no additional charge incurred.

    Ooh dear most visa debit cards (nationwide don't) have an additional charge cause when the cards processed its classed as a cash advance, as above lloyds, halifax are bad about £2.75 per £100, people think cause its a debit card and not credit its free, definitely not, hope yours is 1 of the good ones.:eek:
  • photome
    photome Posts: 16,683 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Bake Off Boss!
    cjc3001 wrote: »
    I don't mind you asking at all - Visa debit - no additional charge incurred.


    As others have said, hope it was a nationwide debit card or you may be in for another shock

    If it wasnt a nationwide card here is a list of charges
    http://www.moneysavingexpert.com/travel/overseas-card-charges
  • All the online rates are better as they dont have to pay rents to the landlords -Tesco and BAA for example.

    Rates in Tesco can be better than airport rates as the rents to Tesco are a lot less than what BAA charge.
    Lightbulb moment Dec 2005 - debt £23700

    June 2010 - £17984.21
  • dzug1
    dzug1 Posts: 13,535 Forumite
    10,000 Posts Combo Breaker
    cjc3001 wrote: »
    I just don't really understand that if both the internet & instore services were both owned by Travelex, how can they offer vastly different rates?

    I thought Tesco currency would be Tesco currency, regardless of what method of purchase I used with them - oh well, lesson learned!

    Because the costs of running the internet service are considerably lower than running a shop service.

    The Post Office have (at least) 3 different rates - online, bureau de change, and preorder for offices that don't carry stock - there's quite a difference between them. So it's not just Tesco/Travelex
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