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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

euros or sterling?

janetefenton
janetefenton Posts: 3 Newbie
edited 5 September 2011 at 5:23PM in Weddings & anniversaries
We are getting married in Greece and paying for 12 people, as we need to sort out deposits quite soon for the hotel and wedding organiser, we would like some help and information on wether we should pay in Euros or sterling on our credit card. :money:

Comments

  • kmmr
    kmmr Posts: 1,373 Forumite
    If you are paying a greek bill in greece, which is quoted in Euros, then in 99% of cases you should pay in Euros. It will be exchanged into sterling by your credit card company. In most cases the rate used by the credit card company will be better than the rate used by hotels etc.

    We got very burnt on a trip in Egypt. We let them convert the amount into sterling, and then ran it through the machine. The rate they used was terrible - I think we payed almost 40% more than the proper cost for the trips. Still annoys me! So, either be very careful with the rate the hotel uses, or just pay in the local currency.
  • Thankyou so much for the reply we agree with you now that you pointed it out to us. Thanks for replying!!!!!
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
  • 353.8K Banking & Borrowing
  • 254.3K Reduce Debt & Boost Income
  • 455.2K Spending & Discounts
  • 246.9K Work, Benefits & Business
  • 603.4K Mortgages, Homes & Bills
  • 178.3K Life & Family
  • 261K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K 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.