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Buying Euros from Sainsbury's - Question re Santander charges

Space_Captain
Posts: 175 Forumite


I bought £250 in Euros from Sainsbury's Travel exchange as the exchange rate looked good and there were no extra charges.
I used my Santander credit card to pay for this but have noticed a £7.60 charge was applied.
Is this correct? And do I need to pay this off quickly to prevent interest charges.
Thanks
I used my Santander credit card to pay for this but have noticed a £7.60 charge was applied.
Is this correct? And do I need to pay this off quickly to prevent interest charges.
Thanks
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Comments
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You used a credit card?!?!
It's a cash transaction. Avoid doing this ever again. And yes it's correct. Use a debit card or cash next time, or even better use a card whilst abroad with no fees given the world is slowly going cashless and you won't lose a percentage in a bureau de change.1 -
Yes, it's treated as a cash transaction and so you'll be paying interest on it from day one, so pay it off ASAP..1
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la531983 said:You used a credit card?!?!
It's a cash transaction. Avoid doing this ever again. And yes it's correct. Use a debit card or cash next time, or even better use a card whilst abroad with no fees given the world is slowly going cashless and you won't lose a percentage in a bureau de change.
When abroad I use a Halifax clarity card but I wanted some Euros for markets etc.
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p00hsticks said:Yes, it's treated as a cash transaction and so you'll be paying interest on it from day one, so pay it off ASAP..0
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Have you cleared the entire balance from the card? They take payments in to clear items in order - payments for goods first and cash last. If you've made a partial payment charges may still be totting up.
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