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Currency for Amsterdam

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Comments

  • Neil49
    Neil49 Posts: 3,487 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Take a look at the Caxton card as they don't impose an atm charge. The downside is that their conversion rates are poorer than FairFX. The cutoff where atm charges are offset by the poorer rate is around €200 per atm withdrawal. If you take out less at a time the Caxton is a slightly better bet but check the limit on the number of cash withdrawals you can make per day and per week.

    Don't even think about Travellers Cheques, some EU banks refuse to cash them, or charge massive fees for doing so, that's how bad they are. Also be aware that many shops etc don't like €50 notes if you are only spending a few euro at a time as they are heavily counterfeited.
  • ManAtHome
    ManAtHome Posts: 8,512 Forumite
    Part of the Furniture Combo Breaker
    Neil49 wrote: »
    The cutoff where atm charges are offset by the poorer rate is around €200 per atm withdrawal.
    Thought it would be lower than that - they charge about 2% on loading (ie 2% less than interbank rate).

    I use the Caxton for emergency funds - advantages for me are that you don't have to consider exchange rates as you have a set number of euros with no charges for ATM use, and probably the best for small withdrawals (€40/80 a time).
  • DCFC79
    DCFC79 Posts: 40,643 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I'd get a second pre paid card in case you lose 1.

    Cash I ask why your taking 700£ between you ?
  • w211
    w211 Posts: 700 Forumite
    Eighth Anniversary 500 Posts Combo Breaker
    DCFC79 wrote: »

    Cash I ask why your taking 700£ between you ?

    Are you enquiring if £700 is too little, or too much?

    £700 between 2 people over 8 days is £43.75 per day per person spending money for sightseeing, souvenirs and food?

    Depends how extravagant/economical you want your trip to be.
  • w211 wrote: »
    Are you enquiring if £700 is too little, or too much?

    £700 between 2 people over 8 days is £43.75 per day per person spending money for sightseeing, souvenirs and food?

    Depends how extravagant/economical you want your trip to be.

    Students in Amsterdam ?
    Sightseeing,souvenirs and food ?
    Yeah,right. ;)
  • Kernow666
    Kernow666 Posts: 3,480 Forumite
    Seventh Anniversary 1,000 Posts Combo Breaker I've been Money Tipped!
    ahh wish i was going back at the rate of 1.40 my kinda fun works out at
    £35.71 :)
    "If I know I'm going crazy, I must not be insane"
  • I said before in other threads that a prepaid card (visa/mastercard) is ok to pay hotels/hostels, but most shops/bars/pubs in the Netherlands only accept Pinpas and cash. And don't exchange pounds in Amsterdam because they'll rip you off.
  • Peccary
    Peccary Posts: 198 Forumite
    Seventh Anniversary
    I think STA does some kind of pre pay card? Don't know how it compares to others though.
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