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using credit / bank cards abroad
Andrew1967
Posts: 1 Newbie
in Credit cards
I would like to know when paying for anything abroad and you are asked. Would you like to pay in sterling or Euros. Which is more beneficial
Thank you
Thank you
0
Comments
-
Pay in the local currency.
Your card issuer will usually give you the best possible exchange rate.0 -
Agree.
I've seen loadings been 4.4% and 9%. This compares with 3% on a typical CC if you pay in the local currency. You can get 0% on PO Credit Card, Halifax Clarity and a few others.
Staff (or the system) will often "push" you to pay in sterling. This is because the merchant gets a cut of the additional profit.0
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