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buying currency with credit card

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Comments

  • MrsManda
    MrsManda Posts: 4,457 Forumite
    In very basic terms, presume that buying currency on your credit card is the same as withdrawing cash. It's an incredibly expensive way of doing things.

    When I buy foreign currency in the UK I usually pay in cash as even using a debit card may incur charges. Most of the time though I just take my credit and debit cards away with me and put most purchases on the credit card and when I need cash I use the debit card at the ATM
    as I usually get a better rate of exchange than I would do getting cash prior to going away
  • costaerer
    costaerer Posts: 648 Forumite
    ok thanks i will just do that then!
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