Starling Euro fee free current account

18cc

Has anyone applied for this - opening to waitlist this week and rolling out to everyone in next few weeks.

londoninvestor

Thanks - I haven't, but it's definitely of interest.

Do you happen to know if it's fee-free for all euro ATM withdrawals? (unlike the £200ish monthly limit for Revolut, Transferwise etc). I'm hoping for that, as it's described as completely fee-free, but on the website they don't make it totally explicit.

(Edit - actually it's not clear it offers true euro ATM withdrawals at all, as opposed to converting at the Mastercard rate and debiting your GBP account when you withdraw...)

jonnygee2

I have applied. Their timing is impeccable! Just in time to convert all my savings before hyper-inflation kicks in.

scragend

londoninvestor wrote: »

(Edit - actually it's not clear it offers true euro ATM withdrawals at all, as opposed to converting at the Mastercard rate and debiting your GBP account when you withdraw...)

When I read the page on their site, I didn't see any mention of a euro debit/ATM card. So that would imply that if you want to withdraw cash you would need to use your normal GBP Starling card, which would presumably work the way you suggest.

eDicky

Apparently there will be a separate debit card issued with the euro account.

armistice

eDicky wrote: »

Apparently there will be a separate debit card issued with the euro account.

Why do you say that?
Starling say:

Later this year, Starling personal account debit cards will be enabled to work with the Euro Account.

armistice

londoninvestor wrote: »

Thanks - I haven't, but it's definitely of interest.

Do you happen to know if it's fee-free for all euro ATM withdrawals? (unlike the £200ish monthly limit for Revolut, Transferwise etc). I'm hoping for that, as it's described as completely fee-free, but on the website they don't make it totally explicit.

(Edit - actually it's not clear it offers true euro ATM withdrawals at all, as opposed to converting at the Mastercard rate and debiting your GBP account when you withdraw...)

Starling already have no limit on fee-free euro atm transactions on the existing current account (albeit at the current mastercard rate).

https://www.starlingbank.com/blog/introducing-euro-accounts/

eDicky

armistice wrote: »

Why do you say that?
Starling say:

CS chat in the app with Farah, who told me and confirmed a second time that the euro account will have its own card. I guess we'll find out later what is correct, or if cards can be used interchangeably somehow...

londoninvestor

eDicky wrote: »

CS chat in the app with Farah, who told me and confirmed a second time that the euro account will have its own card. I guess we'll find out later what is correct, or if cards can be used interchangeably somehow...

Let's see. A euro-specific card would be nice in at least one way - no need to worry about Dynamic Currency Conversion scams where someone "helpfully" selects GBP as the transaction currency for you...

eDicky

londoninvestor wrote: »

Let's see. A euro-specific card would be nice in at least one way - no need to worry about Dynamic Currency Conversion scams where someone "helpfully" selects GBP as the transaction currency for you...

DCC will still be be offered if the terminal or ATM detects it as a UK issued card.

londoninvestor

eDicky wrote: »

DCC will still be be offered if the terminal or ATM detects it as a UK issued card.

Ah I see... drat!