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Natwest Credit Card - use abroad

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Hi All

I have a Student Credit Card with natwest and was wondering if anyone could help me. Im planning to buy a hotel room which is charged in Japanese Yen, on my mastercard with the above card. does anyone know what charges they put on, and what the exchange rate they use is like? couldnt find any info on their website :confused:

As its an advance-purchase room rate I need to secure the booking of the hotel with credit card which gets charged before arrival - so no chance of paying by cash in local rate.

Would appreciate any help

Cheers

Comments

  • tom188
    tom188 Posts: 2,330 Forumite
    Foreign exchange transactions are subject to a conversion fee of 2.75% (including purchase of foreign currency and travellers cheques). Exchange rate is Visa/Mastercard wholesale rate which is not far from http://newsvote.bbc.co.uk/1/shared/fds/hi/business/market_data/currency/default.stm
  • u2o
    u2o Posts: 349 Forumite
    Cool thanks - is there any minimum coversion fee, as in minimum fee of £X.XX or 2.75%?? The hotel price is about 23 pounds.
  • Astaroth
    Astaroth Posts: 5,444 Forumite
    Easiest thing as ever is to ask natwest

    Looking on their site it states:
    Foreign exchange transactions are subject to a conversion fee of 2.75% (including purchase of foreign currency and travellers cheques).
    Other fees state a X% fee min of £Y so as it doesnt for this I would say there is no min fee
    All posts made are simply my own opinions and are neither professional advice nor the opinions of my employers
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