I am confused by Santander Zero's exchange rate

boo_star

EveryWhere wrote: »

OP, you made a mistake. Earn the respect of your fellow members and fix the title.

You can put "Beware, Santander Zero quotes exchange rate in a confusing manner".

It’s not confusing though. I’d argue that giving the dollar to pound rate is less confusing than the pound to dollar rate in this instance.

EveryWhere

boo_star wrote: »

It’s not confusing though. I’d argue that giving the dollar to pound rate is less confusing than the pound to dollar rate in this instance.

The thread already exists, so the suggested title gives meaning to the content of the thread.

stu369

Just wasted my time reading this thread based on the title which hss has still refused to edit.

Santander really should take some action against hss for libel.

SuperHan

I always think of currency in the way Santander have set it out here. It's much easier when abroad for me to think that the UK price is c 75% of the USD price because $1 = 75p, rather than knowing its £1 = $1.3 - for me the mental maths is way easier the "Santander way".


Given I, for one, prefer the Santander way, it's unfair for you to ask Santander to change their way because you don't like it. I can tolerate the Nationwide way if necessary, it's just not my preference.


You need to hold your hands up here. There are two ways of expressing currency conversion. Neither is right or wrong. You may prefer one or the other, but quick maths will convert this. You can't blame Santander for your ignorance, especially given they are still giving you the better rate!

eskbanker

Kudos to OP for (finally!) changing the title - I can't recall exactly how it was originally phrased but it seems more reasonable now....

Edit: seems I was premature here, as per next post!

Candyapple

eskbanker wrote: »

Kudos to OP for (finally!) changing the title - I can't recall exactly how it was originally phrased but it seems more reasonable now....

I changed it, not the OP. I agree with the other posters, it was very confusing.

It said something along the lines of warning: santander zero card not free.