M & S Credit card

I have a m & s credit card which says no cash advance fee will be charged when buying foreign currency, is this a no no would it be classed as a cash withdrawal and go against me?

Thank you for your replies 

Comments

  • pogg000
    pogg000 Posts: 588 Forumite
    Part of the Furniture 500 Posts
    From a M&S exchange only.
    lbm 11/06/12 dept total 11499.47
  • CliveOfIndia
    CliveOfIndia Posts: 2,447 Forumite
    1,000 Posts Second Anniversary Name Dropper
    As above, check the wording of the offer very carefully.  I used my M&S card last year to buy foreign currency, and certainly at that time it was only fee-free if you used the M&S card to buy from the M&S currency exchange.
    I'm pretty certain that if you bought it from anywhere other than M&S then you'd be charged a fee as is pretty much standard across all cards.
    Irrespective, it pays to shop around to get the best deal overall.  It's all very well getting a fee-free offer, but if the exchange rate they offer is significantly worse than elsewhere, it could end up costing you more overall.
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