We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Overseas spending

Dear All

I hate to be another one to ask but I really am confused. I am off to Spain in October and Malaysia/Singapoore in January and March 2011. I have a Nationwide + which won't let me make withdrawals abroad.

I believe I have 3 options:

Santander/Abbey
Saga
Halifax

In Spain I will only be withdrawing about £100 - £200 and in Malaysia it could be up to £2000.

I can't figure out whether it's cheaper to pay the interest on the ones that don't charge for a withdrawl or if its cheaper to pay the withdrawal fee and no interest.

Please help I'm so confused!!!

Jo

Comments

  • adindas
    adindas Posts: 6,856
    Part of the Furniture 1,000 Posts Name Dropper
    Forumite
    If you get Halifax Clatiry with APR 12.9? (equivalent to 1%) then it is defenitely cheaper to pay interest.

    You could avoid paying interest or just paying very small interest in case you transfer money to your Credit Card on the day you make withdwawal.

    ADINDAS
    jodieh12 wrote: »
    Dear All

    I can't figure out whether it's cheaper to pay the interest on the ones that don't charge for a withdrawl or if its cheaper to pay the withdrawal fee and no interest.

    Please help I'm so confused!!!

    Jo
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 355.8K Banking & Borrowing
  • 254.9K Reduce Debt & Boost Income
  • 456.2K Spending & Discounts
  • 248.3K Work, Benefits & Business
  • 606K Mortgages, Homes & Bills
  • 179K Life & Family
  • 263.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.