Account for holiday money?

missile

Now Nationwide are charging 1% for foreign debit card transactions, I am thinking of opening a PO account to use whilst on holiday in USofA. Any better ideas?

BruceyBonus

In terms of debit cards, Nationwide is still the cheapest way of getting hold of foreign currency.

PO credit card doesn't charge, but remember that you'll pay a cash advance fee if you use ATMs.

BruceyBonus

On 8th April 2009, I put together this comparison. Bear in mind that rates were applicable at time of writing and may have changed since:

Costs to withdraw $100 in US:
Nationwide without charge: £68.00
Nationwide with 0.84% charge: £68.57
Nationwide with 1% charge: £68.68
Travelex cash (online): £70.36
Travelex travellers cheques (online): £70.36
Travelex currency card (online): £70.36
Post Office cash (online): £70.63
Post Office travellers cheques (online): £70.56
Local independent bureau de change cash: £70.82
Local independent bureau de change travellers cheques: £70.82

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missile wrote: »

Now Nationwide are charging 1% for foreign debit card transactions, I am thinking of opening a PO account to use whilst on holiday in USofA. Any better ideas?

Only some Foreign Debit transactions, still great value.