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Nationwide - Maximum withdrawal abroad

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Comments

  • thanks for your reply lynsey. sorry i am a bit thick with this! does that mean i get a better rate than exchanging here? also how can i see what rate i am getting?
  • Lynsey
    Lynsey Posts: 9,486 Forumite
    I've been Money Tipped!
    thanks for your reply lynsey. sorry i am a bit thick with this! does that mean i get a better rate than exchanging here? also how can i see what rate i am getting?

    You're not a bit thick, this is new to you and you just need the basics to learn and hopefully pass on.
    You will get a better rate as you will get the official bank rate of the day with no commission.
    Eg. todays bank rate at the minute is £1 = €1.2636'ish and the tourist rate is £1 = €1.2120'ish, though abroad you may get €1.23 to the £. Also with a Nationwide card there are no charges from withdrawing from an ATM machine. Most major banks charge around 2.75%. We always use it as we travel several times a year and have saved lots of pennies, which is what MSE is all about. :D

    Lynsey
    **** Sealed Pot Challenge - Member #96 ****
    No. 9 target £600 - :staradmin (x21)
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  • Macd_3
    Macd_3 Posts: 1 Newbie
    I've just come back from the algarve and all I could withdraw was 200 euros/day.

    This link confirms it
    http://www.lisbon-guide.info/facts_visitor/banks_exchange

    Regards
    Macd
  • dzug1
    dzug1 Posts: 13,535 Forumite
    10,000 Posts Combo Breaker
    Macd wrote: »
    I've just come back from the algarve and all I could withdraw was 200 euros/day.

    This link confirms it
    http://www.lisbon-guide.info/facts_visitor/banks_exchange

    Regards
    Macd

    Did you try another machine at a different bank? Can't see how they would be linked so it ought to work - up to your CARD maximum.
  • Smiley_Mum
    Smiley_Mum Posts: 3,836 Forumite
    I've been Money Tipped!
    The Multibancos in the Algarve would only allow a withdrawal of 200 euros per day. That's all I could take out when I was there, just back the other day.
    “Ordinary riches can be stolen, real riches cannot. In your soul are infinitely precious things that cannot be taken from you.” - Oscar Wilde
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