Tesco Credit Card/Travel Money

Glen_Sharpe

Hi,

Wondering if anyone can help. I'm looking to purchase some dollars for a trip to the US. Wondering if anyone knows if this can be done interest free with a Tesco credit card, and if there are any fees attached. I've been trying to find out in terms and conditions, but can not find anything.

Any help welcome, thanks

dazza.mk

Glen_Sharpe wrote: »

Hi,

Wondering if anyone can help. I'm looking to purchase some dollars for a trip to the US. Wondering if anyone knows if this can be done interest free with a Tesco credit card, and if there are any fees attached. I've been trying to find out in terms and conditions, but can not find anything.

Any help welcome, thanks

Details are on the front page for Tesco Travel Money:

Tesco Credit Cards

If you pay with your Tesco Credit Card, there's no cash advance fee (excluding Tesco Business Credit Card) or card handling fees. Buying foreign currency with a Tesco Clubcard Credit Card from Tesco Travel Money will count towards a customer's cash limit but will be treated as a purchase transaction and will still be charged interest at the purchase interest rate.


http://www.tescobank.com/personal/finance/travel/travelmoney/index.html?referrerid=tesco20

Glen_Sharpe

So does that mean there would be 0% interest on travel money during the 0% interest period the same as any other purchase?

YorkshireBoy

Glen_Sharpe wrote: »

So does that mean there would be 0% interest on travel money during the 0% interest period the same as any other purchase?

Yes........

DebtFreedom_2

The trick though will be to check carefully the exchange rare you get. What you gain in one way they may claw back in another!

Enterprise_1701C

I can confirm that if you pay on the statement payment date it is treated like any other purchase - I always use this. I normally get a good exchange rate too, just about the best around our way, but might be because they are next to an M&S that has a Foreign Exchange too!

Don't forget your photo ID.