Purchasing currency on debit card

shazkhan111

Can someone advise which uk bank does not charge for buying foriegn currency on your debit card (ie does not treat it as a cash withdrawal).

Have looked at some articles but seem out of date

Thanks

dzug1

Nationwide doesn't - at least with some of their accounts

There used to be a list on the travel money section of this website but I can't find it - unless it's the same as using the card overseas.

grumbler

Some banks were mentioned in MSE article 2.5 years ago: Banks to scrap bureau de change debit card fee

I think there are much more of them now.

AFK_Matrix

The 2 I would say to go for are the Metrobank Current Account and the Halifax Clarity Credit Card.

Only thing with the Metrobank is that you have to setup the Account in store and they only have stores mostly within the M25.

EDIT: Just thought I would clairfy that you don't buy currency with these cards. You take the card on holiday with you and either pay for things with the card like you do here or you go to an ATM and withdraw cash with the card. Far safer imo as your not walking around with a wad of cash on you.

shazkhan111

Yes, I was looking for this list but cannot find it.

I want to buy currency not take it in holiday.

Wouldn't open an account, but want to check if any of my existing ones would work

TheEffect

I purchased $ from Sainsburys using my First Direct debit card a few weeks ago and didn't get charged a fee...

Gizmo247

ISTR something in the news recently that charges for funding currency purchaces over the counter was to be outlawed with almost immediate effect.

catokelly

Since July last year, no bank will charge you an extra fee for purchasing currency in the UK on a Debit card.

However, many credit card providers do still charge as they treat it as a cash advance.