Prepaid currency card charges.

Boohoo

We are going to Majorca in September and are thinking of getting a prepaid card.
We will be putting on about 900 euros onto the card and making about 3 atm withdrawals.
My dad will be taking his Nationwide credit card so he will not be paying any fees for buying stuff over there(not using it for cash) and i have a Natwest debit card and the brother has a Lloyds/TSB debit card.
What i would like to know is which one would be best to get as we will be using a debit card to put the stirling money onto the prepaid card and have seen on the forum site that people have been charged by the card issuer as like using the card abroad.
All the money will be in my dads account and then transfering onto the prepaid card either by BACS or debit.
Any suggestions welcome.
Vince

Boohoo

I take it nobody has had any experiance of using a prepaid curreny card then.

Vince

ferf1223

I'm not sure it is entirely clear what your question is...I've read through a few times, and I think maybe you are confused about the charges you mention.

Charges for loading a pre-paid currency card with a UK debit card are charges that the relevant debit card issuer/bank applies...so which pre-paid card you choose is, as far as I know, irrelevant in this respect...it's what card you use to load the pre-paid card that matters.

There is a section here that details which cards charge and which do not - but you should check your banks T&Cs to be sure...I think that loading a pre-paid card in a foreign currency will incur the same fees as buying currency (actual notes) from a BdC...so the section called

Getting the cheapest foreign cash

Beware when paying on credit OR debit cards!

will be relevant

http://www.moneysavingexpert.com/travel/cheap-travel-money

c-m

Awaits for Stilltheone to say Travelex Passport Globe is best and to do a search on the forum.

Boohoo

Thank you for replying.

I am not confused about the charges.
On the pr-paid card issuers websites it says that there is not charges for loading the card with Euros or using it abroad to take cash out which is what we need the card for. I have been to HSBC and Nationwide and asked if they will charge a fee for puting money onto a pre-paid card and they both said no but the card issuer may.
The 3 of us going all have different banks so we thought it would be cheaper to use a pre-paid card and use it to pay for meals,supermarket stuff and to withdraw Euros.

Vince

dzug1

ALL the prepaid cards charge to load euros - possibly not explicitly but it will be hidden in the exchange rate.

You Natwest card will charge you if you load a prepaid card with it - Nationwide and HSBC won't.