Halifax Clarity abroad

zagfles

stryker wrote: »

I read somewhere previously that you should opt for local rate at cashpoint but cannot find this info at present. Does this seem right?

Yes, never take the option to pay in GBP, as then the ATM does the conversion at a usually rubbish rate.

You also get this when paying for stuff, make sure you always pay in local currency. Some dishonest retailers will convert the currency and charge you in GBP without asking you - check carefully when paying for stuff and if the receipt shows GBP demand a chargeback. VISA/Mastercard rules say the retailer must ask you and get your consent before converting the currency but some don't because they get a cut of the exchange rate markup.

zagfles

Katiehound wrote: »

What you could do is pay off part of the balance almost as soon as you have spent on your card. I have done this twice recently. Mine wasn't cash but "shopping." Nothing to stop you doing that. I spent E1000 and transferred about £700 from my Halifax Reward a/c a few days later with a phone call rather than wait for the statement date. This would prevent interest accumulating on your Clarity card- but I think it isn't that expensive. I only ever shop with mine, I don't visit bank machines!

Then you can just wait for the statement and pay the whole lot off, and you won't get charged any interest. Immediate interest is only on cash, purchases are interest free if you always pay the balance in full by the due date.

Drp8713

stryker wrote: »

Whooo, thanks for the responses guys! I won't be doing it now. I will just pay off the balance as soon as i get back to Blighty.

The rate of £ to EURO you get with Clarity is great isn't it? 123 at present compared to 118-119 at the supermarket.

Once again big thanks.

Don't forget http://travelmoney.moneysavingexpert.com/


I have the Clarity for half the holiday spending and got Euros at 1.22 yesterday for the cash half.

jennifernil

Katiehound wrote: »

What you could do is pay off part of the balance almost as soon as you have spent on your card. I have done this twice recently. Mine wasn't cash but "shopping." Nothing to stop you doing that. I spent E1000 and transferred about £700 from my Halifax Reward a/c a few days later with a phone call rather than wait for the statement date. This would prevent interest accumulating on your Clarity card- but I think it isn't that expensive. I only ever shop with mine, I don't visit bank machines!

Far better to set up a DD to pay in full every month and meantime EARN a few pence interest yourself!

No interest charged on purchases.

Attackthebanks

stryker wrote: »

Hi all, first post :j

I have a new Clarity card to use abroad for cash withdrawals and was wondering if i could pay the balance of the card plus a couple of grand extra before going on holiday, would i not get charged any interest on the cash withdrawal as long as i stay in a positive balance whilst away?

Hope this makes sense but i have not had to worry so much about cash abroad as we usually go all inclusive. :beer:

Not being funny or rude, I mean this in the nicest possible way.
But the quote posted by eskbanker ...........

Can I put money on my card to increase my available credit whilst on holiday?
Credit cards are not designed to be used this way. Using the card in this way breaches the product's Terms & Conditions, which state:
7.7 You must not make payments or transfer funds from another credit or store card to your account that would leave a credit balance on your account. We may return any funds that exceed the balance owing on your account to the account from which the money was sent.

..............

Is on the website of the Halifax under the faq's, surely you read this before you applied for a holiday spending specific credit card, or had at least seen the mse tips etc.
I swear this EXACT pre loading question about the Clarity is asked almost every other day.
So much so, it's probably the reason they have it as a no no on their website.

Enjoy your holiday, swipe the card for everything and don't worry!

stryker

Attackthebanks wrote: »

Not being funny or rude, I mean this in the nicest possible way.
But the quote posted by eskbanker ...........

Can I put money on my card to increase my available credit whilst on holiday?
Credit cards are not designed to be used this way. Using the card in this way breaches the product's Terms & Conditions, which state:
7.7 You must not make payments or transfer funds from another credit or store card to your account that would leave a credit balance on your account. We may return any funds that exceed the balance owing on your account to the account from which the money was sent.

..............

Is on the website of the Halifax under the faq's, surely you read this before you applied for a holiday spending specific credit card, or had at least seen the mse tips etc.
I swear this EXACT pre loading question about the Clarity is asked almost every other day.
So much so, it's probably the reason they have it as a no no on their website.

Enjoy your holiday, swipe the card for everything and don't worry!

I was well aware of the following when i applied for the card.

• No fee to transfer a balance
• No cash withdrawal fee
• No fee to use it anywhere worldwide
• No annual fee

I am sorry that i asked a question that has been asked many times before so i won't ask another on unless i'm certain its 'new'.
BTW you have brought little to this thread that is of any use and the didactic tone of your contribution is cringeworthy.

:lipsrseal

Attackthebanks

stryker wrote: »

I was well aware of the following when i applied for the card.

• No fee to transfer a balance
• No cash withdrawal fee
• No fee to use it anywhere worldwide
• No annual fee

I am sorry that i asked a question that has been asked many times before so i won't ask another on unless i'm certain its 'new'.
BTW you have brought little to this thread that is of any use and the didactic tone of your contribution is cringeworthy.

:lipsrseal

Click = http://igtfy.com/?q=preloading+the+halifax+clarity+card&l=1

stryker

^^ Attackthebanks, showing your true colours here eh?

When someone starts with "Not being funny or rude" you know they are just being that. Go and bore someone else. I got my answer long before you got involved you condescending !!!!!.

Attackthebanks

stryker wrote: »

^^ Attackthebanks, showing your true colours here eh?

When someone starts with "Not being funny or rude" you know they are just being that. Go and bore someone else. I got my answer long before you got involved you condescending !!!!!.

Ha, you had the answer on the CREDIT CARD companies website if you'd bothered to read it.

stryker

Attackthebanks wrote: »

Ha, you had the answer on the CREDIT CARD companies website if you'd bothered to read it.

Well, well, well, mr I'm so well informed condescending a-wipe once asked some noob questions himself, that could have been easily found elsewhere but like me chose to seek the answer here like myself.

https://forums.moneysavingexpert.com/discussion/3916281