euro's & Halifax credit cards 12 February 2017 at 11:52AM in Stoozing: free cash from credit cards 4 replies 6.5K views

mogsey14

I put £600 into my Halifax credit card to use on holiday,I withdrew £300 worth of euro's from a Santander
bank and only got 103 euro's per pound,my friend 20 metres away got113.5 euro's.
Martin says the Halifax is best for exchange,what did I do wrong?

YorkshireBoy

You accepted the overseas bank's exchange rate/fee, rather than letting Halifax do the conversion.


Next time read the message on the ATM screen. The option you want, on a Santander ATM, is "without conversion". The other option (ie "with conversion") works out the GBP amount for you and displays it on screen.

Ben8282

Also not a good idea to 'put' money onto a credit card in advance to spend. Putting the account into credit may breach terms and conditions.

Ben8282

mogsey14 wrote: »

I put £600 into my Halifax credit card to use on holiday,I withdrew £300 worth of euro's from a Santander
bank and only got 103 euro's per pound,my friend 20 metres away got113.5 euro's.
Martin says the Halifax is best for exchange,what did I do wrong?

Please can you let us know the location of these ATM's giving such fantastic rates?

phillw

Ben8282 wrote: »

Please can you let us know the location of these ATM's giving such fantastic rates?

I think he meant per one hundred pounds. If there was an ATM giving out 103 euros per pound then we'd all be flying there.