Prepaid Travel Cards guide

Markhy81

Thanks much appreciated :j

Will update with what i experience and any hidden charges I may have on my return

Clare_Alison

WeSwap or Monzo; which prepaid card is better for purchases and cash withdrawal in Europe? Many thanks

eDicky

Clare_Alison wrote: »

WeSwap or Monzo; which prepaid card is better for purchases and cash withdrawal in Europe? Many thanks

Monzo requires no planning ahead and waiting in order to get the ideal rate, then again to exchange back what you don't spend. It holds your money in pounds until you use the card, give the ideal rate with zero fees and is simplicity itself (unlike WeSwap, which I don't use).

adindas

I understand with Revolut the Free ATM withdrawals is up to £200/€200 per month.

If for instance I withdraw EUR100 today July 8th and then EUR100 the following week July 15th. When is the earliest date I could withdraw without attracting 2% charges ???

dj1471

adindas wrote: »

I understand with Revolut the Free ATM withdrawals is up to £200/€200 per month.

If for instance I withdraw EUR100 today July 8th and then EUR100 the following week July 15th. When is the earliest date I could withdraw without attracting 2% charges ???

In my experience it's a rolling month, so August 8th. I'm sure it's detailed on the website somewhere.

eDicky

adindas wrote: »

I understand with Revolut the Free ATM withdrawals is up to £200/€200 per month.

If for instance I withdraw EUR100 today July 8th and then EUR100 the following week July 15th. When is the earliest date I could withdraw without attracting 2% charges ???

I've always understood it to be per calendar month, in which case you can withdraw again without fee on Aug 1st. So if your trip spans the end of month you can withdraw 400 with no fee. But I don't have actual experience...

adindas

dj1471 wrote: »

In my experience it's a rolling month, so August 8th. I'm sure it's detailed on the website somewhere.

eDicky wrote: »

I've always understood it to be per calendar month, in which case you can withdraw again without fee on Aug 1st. So if your trip spans the end of month you can withdraw 400 with no fee. But I don't have actual experience...

Apart from EUR200 limit, Is there any limit for the number of withdrawal. For instance just to be used to get a small denomination of money from cash machine ??

parking_question_chap

Clare_Alison wrote: »

WeSwap or Monzo; which prepaid card is better for purchases and cash withdrawal in Europe? Many thanks

If you have access to a safe deposit box just take cash.

Gloomendoom

parking_question_chap wrote: »

If you have access to a safe deposit box just take cash.

Having seen a safe deposit box ripped out, or rather where it should have been, I certainly wouldn't trust my valuables in one.

I haven't taken cash abroad since the mid 90's.

dj1471

eDicky wrote: »

I've always understood it to be per calendar month, in which case you can withdraw again without fee on Aug 1st. So if your trip spans the end of month you can withdraw 400 with no fee. But I don't have actual experience...

The website isn't clear but does imply that it's per calendar month.

ATM usage is free for up to £200 (€200/ $200/ Fr 200/ 800zl) per month, after which there will be a 2% fee applied to further ATM withdrawals until the end of the month.

However, looking in the app it says I've withdrawn £37 / £200 this month. I've made no withdrawals this calendar month, but have withdrawn a total of £37 within the last 30 days.

In answer to the other question, no there is no limit to the number of ATM withdrawals you can make.