Cards like Halifax Clarity in the USA??

dzug1

jumperabv3 wrote: »

... then I want to have the flexibility of choosing of whether to charge my Halifax Clarity card (in GBP) or my US card (in USD), depends on the exchange rates on that given moment etc.

The exchange rates at any given moment will only make a trivial difference to your costs and will be unpredictable anyway


So it's just convenience really - and sometimes you have to pay for convenience

jumperabv3

dzug1 wrote: »

The exchange rates at any given moment will only make a trivial difference to your costs and will be unpredictable anyway
So it's just convenience really - and sometimes you have to pay for convenience

It's not only that!

I have a US Business PayPal account in USD where I get paid in USD.
I also have a personal UK PayPal account in GBP, and I get paid there as well sometimes.

Now if I go outside of the US/UK to any other country, I would be able to take out foreign currency from both accounts, without having to convert anything. Until now I used to convert the USD in PayPal to GBP, send it to the personal PayPal and use Halifax to get it whenever I needed it. I decided it's time to save fees here as well and that's it, I've done it. My propery/home is in the UK but my family is in the US so they help me with the post that I get from the bank etc. and the bank doesn't care if I'm abroad or not.

jumperabv3

jumperabv3 wrote: »

Found one!!! :D:D

PenFed Promise Card:
https://penfed.org/Penfed-PromiseCard/

You need to pay $14 one off fee to be a member of some organisation so you can be affiliated with this card, and then another extra $5 must be in the account all the times until you cancel it (so $19 to "buy" this card).

I just have to use a US debit card to pay this $19 fee, I tried using my UK Halifax card and other cards but it didn't go through ... so I have contacted Chase to get a Debit card from them and hopefully once it's sent out I would use it to apply again for this card and let you know if I got approved or not.

:D:D

Sorry for not updating this thread for such a long time.
This PenFed card is PERFECT, :T , it does exactly what your Halifax Clarity Card does - only it's in US Dollar currency and not in GBP currency, that's all the difference.

Likewise, PenFed counts the day you make the transfer (even from your external account, i.e. non-PenFed-account) as the VALUE DATE of your Card Repayment, so if you withdraw cash today and then initiate a transfer from your bank to your PenFed card - you do not pay any interest whatsoever on that cash advance withdrawal (just like with Halifax pretty much).

It's great to have now both cards in GBP and in USD that don't charge you for Foreign transactions neither for cash withdrawals ... now I would have to choose which one to use when I go to Europe to withdraw Euros or to Australia to withdraw Aussie dollars ... should I take the cash using the US card (PenFed) or using the GBP card (Halifax Clarity) lololololol.... :D:D:D

ronbell101

Have a look here
https://www.bankofamerica.com/credit-cards/view-all-credit-cards.go

jumperabv3

ronbell101 wrote: »

Have a look here
https://www.bankofamerica.com/credit-cards/view-all-credit-cards.go

Thanks, but all these cards do charge a fee .... anyway I already found one as I posted about it above.

jumperabv3

Looks like Andrews FCU (=Federal Credit Union) is offering a similar thing, you need to be a member of ACC (=American Consumer Council) to join it, costs $15 for lifetime membership.

I will research a little more about it, and if anything valuable comes up I will post about it here later on.

System

All good information but this is a UK forum...

jumperabv3 wrote: »

Looks like Andrews FCU (=Federal Credit Union) is offering a similar thing, you need to be a member of ACC (=American Consumer Council) to join it, costs $15 for lifetime membership.

I will research a little more about it, and if anything valuable comes up I will post about it here later on.

ronbell101

jumperabv3 wrote: »

Thanks, but all these cards do charge a fee .... anyway I already found one as I posted about it above.

They all say no annual fee ??

zerog

The US Amex Platinum has no foreign transaction fees.

I think the $450 fee is justifiable as long as you travel a lot, unike the £450 fee for the UK card (which does have foreign transaction fees, and also has a 60% worse earning rate due to the currency difference).

jumperabv3

ronbell101 wrote: »

They all say no annual fee ??

Yes, no annual fee.