Low APR for purchasing currency

aj2703

As the title says can you guys advise a card that has a good APR for currency purchases and use abroad. Any help is appreciated.

Riq

When you say currency purchases do you mean going into the Post Office and buying currency like that or actually in the foreign country buying something in dollars say with a credit card?

When I bought my currency recently it showed on my bank statement as a cash advance, so I guess the same would be for credit cards and that is the APR you would be looking for.

aj2703

Well a mixture of both really, i am looking to buy euro's and also maybe use it in europe..

CLAPTON

if you buy euros it will almost certainly be classed as a cash advance ... so don't do that... as its very expensive.

if you simply use the card to spend (and not withdraw cash) in europe then it will be classed as purchases (although unless its a Nationwide or PO card you will be charge a foreign exchange fee of about 2-3 %)

bethanyrayne

aj2703 wrote: »

As the title says can you guys advise a card that has a good APR for currency purchases and use abroad. Any help is appreciated.

Thomas Cook http://www.thomascook.com/content/travel-money/travel-money-lp/creditcard-home.asp?OriginCode=TW0201&MediaCode=TCK01

0% interest on balance transfers for 9 months (2.99% fee applies)
0% interest for up to 3 months on all your purchases at Thomas Cook
0% foreign exchange fee on all purchases abroad
Commission-free holiday money with no cash handling fee at Thomas Cook
No Credit Card booking fee at Thomas Cook

realaledrinker

Get a M&S & More card & use it to buy currency from a M&S store. These are treated as purchases & you get 0% interest for 6m on purchases when you open an account!

Future currency purchases would give you up to something like 54 days free credit if you timed them right.