Leaving the Halifax - for where? Custoemrt Service & Good Online banking important

Thomas_Crown

Lazy_Runner wrote: »

First Direct don't charge a fee for foreign credit card transactions. I don't know how their exchange rates compare with Nationwide though.

HTH

According to the T&Cs on the First Direct website the following charges apply:-

Cash Advance Fee: 2.5% (minimum £2.50).

Commission on Foreign Currency Transactions: 2.75%


The only credit card providers who don't charge for foreign currency transactions are:- Nationwide B.S. & the Post Office (Worldwide). Saga (Europe only).

Lazy_Runner

Thomas_Crown wrote: »

According to the T&Cs on the First Direct website the following charges apply:-

Cash Advance Fee: 2.5% (minimum £2.50).

Commission on Foreign Currency Transactions: 2.75%


The only credit card providers who don't charge for foreign currency transactions are:- Nationwide B.S. & the Post Office (Worldwide). Saga (Europe only).

I did get my information from one of their C.S. operatives, however I will go back and check.

Thanks

LR

gt94sss2

Lazy_Runner wrote: »

I did get my information from one of their C.S. operatives, however I will go back and check.

What they probably meant is that they don't change a separate fee when you use your debit card overseas.

Some banks charge a fee per transaction + foreign exchange loading. FD only do the foreign exchange loading.

Nationwide is the only UK debit card I know which doesn't charge any foreign exchange loading.

Regards
Sunil

Lazy_Runner

Does Nationwide charge fees on foreign credit card transactions?

Thomas_Crown

Lazy_Runner wrote: »

Does Nationwide charge fees on foreign credit card transactions?

No,Nationwide don't charge the usual loading of 2.75% - 3% charged by other credit card providers. They do of course charge a fee for withdrawing cash from an ATM just the same as in the UK.

ramagel

Thomas_Crown wrote: »

No,Nationwide don't charge the usual loading of 2.75% - 3% charged by other credit card providers. They do of course charge a fee for withdrawing cash from an ATM just the same as in the UK.

Methinks this is incorrect. There is another thread on this topic and a recent Working Lunch featured this.

Thomas_Crown

ramagel wrote: »

Methinks this is incorrect. There is another thread on this topic and a recent Working Lunch featured this.

ramagel, Nationwide B.S. are well known as one of the best credit/debit card providers when it comes to overseas transactions. Anyway, I have double checked Nationwide's website specially for you!

NATIONWIDE B.S. Foreign Transactions:-

CREDIT CARD:-

PURCHASES - Loading:nil APR:15.9%

CASH (ATM or BANK):2.5% (MIN £3.00) APR:22.9%


DEBIT CARD:-

PURCHASES:- CHARGE: nil

CASH (ATM) CHARGE:nil


The only other credit card providers that don't charge a loading on foreign currency transactions are:- The Post Office (Worldwide) & Saga (Europe only). Neither of these companies issues debit cards.