What is credit card 'loading'?

teezie

Just wanted to check my understanding, as I'm looking to get a different credit card for abroad as my current HSBC one charges for pretty much all usage (as I as have several city breaks lined up next year, where I typically make small payments, the charges start to add up!)
I've read on MSE about the Halifax Clarity card and it says "

• Loading (exchange rate fee). Europe: 0% | Worldwide: 0%

Does this mean I can add credit to the card in advance? or something else?

Ebe_Scrooge

It means they don't charge you for using the card abroad. Most cards charge a fee on each foreign transaction to convert the local currency to Sterling.

teezie

ah ok. cheers

eskbanker

teezie wrote: »

Does this mean I can add credit to the card in advance?

Although your main question has been answered, it's worth pointing out that most credit cards (including this one) don't allow you to add credit in advance....