MSE News: New Barclaycard travel credit card is top for overseas cash withdrawals

Former_MSE_Rosie

Barclaycard has launched a new top credit card for use abroad - and unusually it charges no interest on overseas cash withdrawals if you pay it off in full...

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'New Barclaycard travel credit card is top for overseas cash withdrawals'

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stevenhp1987

Rang Barclaycard to see if I could get the 2 year promotional discount added to my Barclaycard Cashback Duo, alas, I was told I had to apply for a new card

It would never get used at home as I use my Amex almost exclusively!

Still, very tempted to apply as it's great to see a card with no interest on cash withdrawals is pretty useful while abroad!

Timbosaurus

Unless I'm mistaken, the 6.9% APR low-rate card has gone from their website, too. I'm very glad I was approved for (and received) that one a couple of weeks ago.

Roger1

No f/x charges but only for a limited period?

A card with built-in obsolence and definitely not for me.

System

They previously offered a travel card in the form of a co-branded Thomas Cook card with 0% loading but withdrew it.

PeacefulWaters

It's good.

The interest free foreign cash if the balance is paid in full is excellent.

What a shame there's a hidden fee of c0.5% because they use Visa rather than MasterCard to calculate the exchange rate.

System

A rather churlish comment given it's a different card scheme.

PeacefulWaters wrote: »

What a shame there's a hidden fee of c0.5% because they use Visa rather than MasterCard to calculate the exchange rate.

PeacefulWaters

Heng_Leng wrote: »

A rather churlish comment given it's a different card scheme.

Why's it a churlish comment?

I'm comparing the differences and the (usually) inferior Visa exchange rate is a material price difference.

chattychappy

Standard Barclaycards have always been a good backup travel card for ATM withdrawals. They load 2.75% but don't charge any extra fees. They also treat it like a purchase for interest purposes - ie you get up to 56 days interest free. Not as good as the likes of Clarity, but better than most.

As for the Visa/Mastercard loading, I personally haven't found the differential has been as much as 0.5% (on average) but it's a while since I checked.

System

Your implication a 0.5% 'hidden fee' which simply isn't the case - it is simply the Visa rate.

PeacefulWaters wrote: »

Why's it a churlish comment?

I'm comparing the differences and the (usually) inferior Visa exchange rate is a material price difference.

PeacefulWaters

Heng_Leng wrote: »

Your implication a 0.5% 'hidden fee' which simply isn't the case - it is simply the Visa rate.

Perhaps I should have described it as a hidden cost.