Using Credit Cards While on Holiday

Posted by Peter Brady on Wed 23rd August 2006 at 07:00 AM, Filed in Credit Tips

If you’re going to use your credit card in a foreign country then you may be in for a rather unpleasant surprise on your return. Many cards include a “currency conversion fee” of up to 3% of the value of each transaction. Therefore when you pay up your £100 for that special meal in Spain you’re really going to be paying £103.

There are cards out there which don’t charge a fee of which Nationwide has been my favourite for many a year now. Lombard Direct also do a currency free conversion offer but these cards are in the minority.

As always thoroughly check the small print to see if your lifestyle and requirements match the card offer.

This entry has been viewed 712 times.

READER COMMENTS:

No comments yet.