Overseas Cashback Credit Card

sufs2000

Hello, I need some help to find a good credit card. I need to pay for some items overseas, in Canada to be specific, will cost me around £7000 in total. I'm trying to find a card that will not sting me with a substantial charge for overseas spending and maybe also reward me with some cash back? A card with a cheaper fee would be the priority though. Does anyone know of any good ones? Any help would be much appreciated

grumbler

Nationwide Select is the only one I know that doesn't charge for conversion and pays 0.5% cashback, but it's available only to FlexAccount customers.

• Cheap Travel Credit Cards
• Cashback Credit Cards

guesswho2000

grumbler wrote: »

Nationwide Select is the only one I know that doesn't charge for conversion and pays 0.5% cashback, but it's available only to FlexAccount customers.

• Cheap Travel Credit Cards
• Cashback Credit Cards

Doesn't pay cashback on non sterling purchases, so that's not an option.

There isn't one right now, the only one I've known of previously is Aqua reward, but its no longer available to new customers (and your chances of getting a £7k limit on that card would have been zero!).

There's a few fee free ones though, Nationwide Select as mentioned, Post office platinum, Halifax Clarity and Aqua advance (again, you won't get any sort of decent limit with the Aqua).

Buzby

They make too much money on non sterling transactions to offer an rebate by way of a Cashback.

Depending on your purchase, I'd offer to pay in Canadian Dollars for a discount, then do an international funds transfer - this avoids plastic, and gives you more bargaining power.

zerog

Buzby wrote: »

Depending on your purchase, I'd offer to pay in Canadian Dollars for a discount,

ehh what? If the seller is in Canada they will receive the funds in CAD regardless of how the OP pays, unless they happen to have a GBP bank account..

I can't imagine what the OP wants to buy that has to be done in Canada but the best way really would be to find someone in Canada to pay for you. I could get it sorted if you knew me in person, but you don't. Failing that a bank transfer via a currency broker would be best unless the OP needs to borrow money in which case the CCs mentioned would be best.

guesswho2000

Buzby wrote: »

They make too much money on non sterling transactions to offer an rebate by way of a Cashback.

Depending on your purchase, I'd offer to pay in Canadian Dollars for a discount, then do an international funds transfer - this avoids plastic, and gives you more bargaining power.

Definitely don't do this, you'll lose any saving you make to the exchange rate markup - the forex provider has to make their profit somewhere. The fee frees cards do not have this issue, you get the MC/Visa exchange rate, which you won't beat anywhere outside of the interbank trading markets.