Buying euros Sainsbury 72hr flash sale

wantnomoneyworries

If this helps any one - just purchased 1000 euro for £914.49 from Sainsbury bank.

I phoned up as online kept kicking me out.
For the best deal you need a nectar card - gets you a better rate and also use promo code T2000 (£5 off per £500 minimum)
the rate I eventually got was 1.0935.

hope that helps someone.

PeacefulWaters

I'll stick to Clarity and Monzo.

wantnomoneyworries

PeacefulWaters wrote: »

I'll stick to Clarity and Monzo.

That's ok

eDicky

wantnomoneyworries wrote: »

the rate I eventually got was 1.0935.

The mid-market rate now is 1.1048, attainable with much less effort using Clarity, Monzo, etc.

photome

wantnomoneyworries wrote: »

If this helps any one - just purchased 1000 euro for £914.49 from Sainsbury bank.

I phoned up as online kept kicking me out.
For the best deal you need a nectar card - gets you a better rate and also use promo code T2000 (£5 off per £500 minimum)
the rate I eventually got was 1.0935.

hope that helps someone.

£914.49 on a Revolut card would have got just over €1010

PeacefulWaters

wantnomoneyworries wrote: »

That's ok

To be fair, if you're off to USA, Chile or anywhere else where ATMs charge a fee the Sainsburys offer may have the advantage.

dickydonkin

PeacefulWaters wrote: »

To be fair, if you're off to USA, Chile or anywhere else where ATMs charge a fee the Sainsburys offer may have the advantage.

It would if Chile and the US used the Euro.

PeacefulWaters

dickydonkin wrote: »

It would if Chile and the US used the Euro.

Well I didn't bother reading what was included in the offer. I assumed it was more than one currency.

photome

PeacefulWaters wrote: »

To be fair, if you're off to USA, Chile or anywhere else where ATMs charge a fee the Sainsburys offer may have the advantage.

Disregarding the euro issue a revolut card can be used to pay for anything with no fee

PeacefulWaters

photome wrote: »

Disregarding the euro issue a revolut card can be used to pay for anything with no fee

ATMs will still charge a fee in the locations I mentioned.

There are scenarios where getting a good exchange rate for cash in the UK can be cheaper than getting a flat fee charge on a modest withdrawal at an overseas ATM. Even at "perfect" MasterCard rate.

Rare though.

WAYT

PeacefulWaters wrote: »

ATMs will still charge a fee in the locations I mentioned.

There are scenarios where getting a good exchange rate for cash in the UK can be cheaper than getting a flat fee charge on a modest withdrawal at an overseas ATM. Even at "perfect" MasterCard rate.

Rare though.

Not every ATM in those countries charges a fee. I certainly haven't ever paid a fee in the USA.
Chile is more difficult, but still possible.