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Cash passport or Credit card

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KazsweetyKazsweety Forumite
1 posts
MoneySaving Newbie
Hi, we are visiting Switzerland for 5 days and wonder if a credit card or cash passport would be best and cheapest with rates to pay for everything while we are there, if cash passport can anyone suggest one with good exchange rates 

Replies

  • edited 21 February at 1:53PM
    eDickyeDicky Forumite
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    edited 21 February at 1:53PM
    The cash passport type of prepaid card is one of the worst solutions for travel, with adverse rates, various fees, and likelihood of leftover funds that cost again to convert back to pounds. Forget it, using your regular credit or debit card is more convenient and unlikely to cost more even with their fees.

    The best option is a debit or credit card without fees or exchange rate loading, such as Halifax Clarity or Starling Bank, the latter can be set up in minutes on your phone.
    Evolution, not revolution
  • gingerdadgingerdad Forumite
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    Open a starling bank account - free to use abroad, cracking app, you get the MasterCard day rate and most importantly its free to use, no fees

    The futures bright the future is Ginger
  • NoodleDoodleManNoodleDoodleMan Forumite
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    gingerdad said:
    Open a starling bank account - free to use abroad, cracking app, you get the MasterCard day rate and most importantly its free to use, no fees

    The bank that owns the ATM may impose their user surcharge for FX, which Starling have no control over, so to say it's free to use without this health warning can be misleading.
    Not sure what the position is in Switzerland though.
    A Halifax or Santander Zero credit card would be a good choice in my experience.

  • jasdevjasdev Forumite
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    Also worth having a backup to hand should something go wrong with your primary overseas card (e.g. IT issues with the card provider). Monzo or Starling are popular debit card options, I use a Barclaycard Rewards card for fee-free foreign spending with 0.25% cashback on all spending, and carry a Halifax Clarity card for fee-free ATM withdrawals where necessary (though interest is levied on the withdrawals from the moment they appear on my statement to the day they are paid in full). And as NoodlelDoodleMan says above, ATM withdrawals aren't always free and depends on the machine operator.
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  • zagfleszagfles Forumite
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    I was in Switzerland last summer and the ATMs I used were free.
  • NoodleDoodleManNoodleDoodleMan Forumite
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    If you could identify these ATMs that would help the OP - or is it a universal scenario in Switzerland ?
  • zagfleszagfles Forumite
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    NoodleDoodleMan said:
    If you could identify these ATMs that would help the OP - or is it a universal scenario in Switzerland ?




  • NoodleDoodleManNoodleDoodleMan Forumite
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    Thanks - very useful.
    The situation in Spain is difficult to keep up with as it is changing significantly.
    I think Santander now charge 5 Euros for ATM usage unless you have one of their eligible fee free accounts.
  • zagfleszagfles Forumite
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    Free ATMs still seem to be the norm in Europe - Spain being the main exception. I've made ATM withdrawals in about 15 European countries in the last couple of years and it's only been in Spain that I've been charged.
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