Post office credit card.....buying euros

paul2468

The post office card says 0% on all items bought overseas....we want to order euros on our post office credi card tru the post office website...will there be a fee for this ?

aerostar

http://www.postoffice.co.uk/finance/credit-cards-loans/credit-card/travel-features

paul2468

aerostar wrote: »

http://www.postoffice.co.uk/finance/credit-cards-loans/credit-card/travel-features

That's great, as long as you pay it off you will not be charged.

dzug1

You will however be paying the Post Office's less than exciting exchange rate for those euros - and surely there will be interest to pay even if no fee?

paul2468

dzug1 wrote: »

You will however be paying the Post Office's less than exciting exchange rate for those euros - and surely there will be interest to pay even if no fee?

Looking at todays rate of 1.19 for the euro i thought this was good, in fact one of the best i could find.

[Deleted User]

1.19 is not a very good rate.

Today a £1,000 would buy me 1,222 euros. That's 3% better that the Post Office. Or 30 quid more in other words. Makes a difference if you buy a lot.:cool:


http://travelmoney.moneysavingexpert.com/holiday-money/

Skilganon

I have this credit card and I would NOT recommend it to anyone. As noted above the rate is not very good - but also they are living in the dark ages - their 'internet banking' is shockingly bad - so is their phone banking. Want to pay some money off your account ? You have to go into a branch ( and take in the paper-based bill they send out).

I set up a direct debit when I opened my account. Then I switched current accounts which I do almost every year. Every single direct debit on that account got switched perfectly - except the Post Office. The first I knew was when they tried to take money from the old account. I got a returned DD fee from the old account and a late payment fee from the Post Office. I called them and they claimed complete ignorance - worse I couldn't pay the card off over the phone - they gave me the details to take into a branch to pay it off there. Cancellation is imminent ...

photome

Skilganon wrote: »

I have this credit card and I would NOT recommend it to anyone. As noted above the rate is not very good - but also they are living in the dark ages - their 'internet banking' is shockingly bad - so is their phone banking. Want to pay some money off your account ? You have to go into a branch ( and take in the paper-based bill they send out).

I set up a direct debit when I opened my account. Then I switched current accounts which I do almost every year. Every single direct debit on that account got switched perfectly - except the Post Office. The first I knew was when they tried to take money from the old account. I got a returned DD fee from the old account and a late payment fee from the Post Office. I called them and they claimed complete ignorance - worse I couldn't pay the card off over the phone - they gave me the details to take into a branch to pay it off there. Cancellation is imminent ...

I have had a PO CC for years. I pay for most of my hotels in the USA in dollars and get a great exchange rate with no loading. I pay it off exclusivley online, so not sure where you get the idea that you cant.

Having said that if I was wanting euros I would use my halifax clarity CC in an ATM wherever I was going

Just realised this an old thread resurected by, I guess, a spammer