0% card for holiday cash???

honeybee1985

Hi, Basically im going to florida at the end of august and havent saved up as much money as id have liked. If i get a card with 0% purchases would i be able to "purchase" some dollars from thomas exchange at the 0% rate or would it be classed as something else resulting in me getting charged??? Thanks marc.

any ideas on how to get some extra holiday money for 0% are welcome!!

cifpower

It would be classed as a cash advance and be charged accordingly.

td_007

honeybee1985 wrote: »

If i get a card with 0% purchases would i be able to "purchase" some dollars from thomas exchange at the 0% rate

No...it will classed as cash advance attracting 25% plus interest

honeybee1985 wrote: »

any ideas on how to get some extra holiday money for 0% are welcome!!

Read up on holiday money on this site. For usage abroad, the aim is more along the lines of how to minimise foreign usage fees/charges. You might even be able to get a bit of cashback with Amex....all this and more info is available on this site.

It helps if you have a read first then ask for advice

YorkshireBoy

M&S travel money is treated as a purchase when bought with an M&S credit card. As such, you'll enjoy 10 months 0% interest on your holiday spending money.

Any

Yes, the card to go for would be M&S. It is specialised card for foreign cash currency.
The other way would be getting Post Office card and pay wherever you can by card - but only pay by it, not withdraw cash from it.

lisyloo

For purchases you could always get American express platinum cashback.
Their is a comission charge of 2.73% for conversion from $ to £s BUT there is 5% cashback meaining you get 2.4% cashback in your pocket.
You may also be able to use quidco.

Make sure you pay in $s though and not £s.
If a shop ask you which currency you want to pay in then say $s because the shop will undoubtedly charge you more for conversion than AMEX.