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!

Travel money - Online Currency Exchange or ATM Withdrawl

Hi!

I have a dilema about obtaining foriegn cash, either online currency or a withdrawl from a forirgn ATM with a no transaction card.

My thought was that the most cost effective way to get currency would be to withdraw at a foriegn ATM. The reasoning behind the ATM is, the cash is converted at inter-bank rates (not tourist) which should be better? and there is no fee on my Halifax credit card.

?

Comments

  • benjus
    benjus Posts: 5,433 Forumite
    Part of the Furniture 1,000 Posts
    If you're talking about the Halifax Clarity card, this will be cheaper than almost any other method of obtaining currency. Just try to pay the balance off as soon as possible to reduce the amount of interest charged (even if you wait until the end of the month, it will probably still be cheaper than buying currency online).
    Let's settle this like gentlemen: armed with heavy sticks
    On a rotating plate, with spikes like Flash Gordon
    And you're Peter Duncan; I gave you fair warning
  • gecko_101
    gecko_101 Posts: 9 Forumite
    Part of the Furniture First Post Combo Breaker
    benjus wrote: »
    If you're talking about the Halifax Clarity card, this will be cheaper than almost any other method of obtaining currency. Just try to pay the balance off as soon as possible to reduce the amount of interest charged (even if you wait until the end of the month, it will probably still be cheaper than buying currency online).


    Hi,

    Yes it's the Halifax Clarity card, thanks for the advice
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
  • 352.3K Banking & Borrowing
  • 253.7K Reduce Debt & Boost Income
  • 454.4K Spending & Discounts
  • 245.4K Work, Benefits & Business
  • 601.1K Mortgages, Homes & Bills
  • 177.6K Life & Family
  • 259.2K 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.