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Nationwide Non-UK commission and cash withdrawal fees

I withdrew 200 euros from my Nationwide Flexaccount in Portugal last week. I got a good rate (1.136) but I note on my statement they have charged me a £3.52 non-UK commission fee and a £1.00 cash withdrawal fee. Is Nationwide therefore the cheapest option for getting cash therefore? I used their credit card where I could and got the 1.136 with no fees.

Comments

  • benjus
    benjus Posts: 5,433 Forumite
    Part of the Furniture 1,000 Posts
    Nationwide ceased to be the cheapest way to get cash abroad some time ago.

    Have a look here, under the "debit card" section for direct alternatives: http://www.moneysavingexpert.com/travel/cheap-travel-money
    Let's settle this like gentlemen: armed with heavy sticks
    On a rotating plate, with spikes like Flash Gordon
    And you're Peter Duncan; I gave you fair warning
  • MarkBargain
    MarkBargain Posts: 1,641 Forumite
    benjus wrote: »
    Nationwide ceased to be the cheapest way to get cash abroad some time ago.

    Have a look here, under the "debit card" section for direct alternatives: http://www.moneysavingexpert.com/travel/cheap-travel-money

    Thanks for this. I only go abroad a couple of times a year so don't want to go to the hassle of getting another bank account, but I do have a FairFX card and I note they only charge 1.50 Euros to withdraw so it looks like it will be cheaper to use that rather than the Nationwide card in future.
  • dzug1
    dzug1 Posts: 13,535 Forumite
    10,000 Posts Combo Breaker
    Thanks for this. I only go abroad a couple of times a year so don't want to go to the hassle of getting another bank account, but I do have a FairFX card and I note they only charge 1.50 Euros to withdraw so it looks like it will be cheaper to use that rather than the Nationwide card in future.

    That depends on what exchange rate they use to supply your euros so you need to factor that in as well. FairFX is still probably better but not by a lot
  • stilltheone
    stilltheone Posts: 2,131 Forumite
    Best value PrePaid Mastercard for travel is the Travelex Cash Passport Globe.
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