Department71 Posted December 8, 2010 Share Posted December 8, 2010 Just a little point of view from me. We were over there from mid Sept - end Nov, and from the end of October we used Nationwide's credit card for all purchases instead of our flex account. Today we have received our statement for the credit card, it is in excess of 800 pounds sterling and all the purchases were in France. If I had used my debit card these would have been taken out of my account with in a couple of days, but by using the credit card Nationwide although they will have paid the trader will have to wait until towards the end of December to get my money. If this is repeated by loads of people they are hopefully losing money on this. At least its a small win for me.Steve Link to comment Share on other sites More sharing options...
elamessa Posted December 8, 2010 Share Posted December 8, 2010 Like you have been using Credit Card since 1st November for all purchases and not the flex Debit Card. I have had a range of exchange rates between 1.173 and 1.194.Nationwide will not be getting any charges from me at present, although I might have to use Debit card to withdraw cash in the not to distant future.[:(] Link to comment Share on other sites More sharing options...
Department71 Posted December 9, 2010 Share Posted December 9, 2010 [quote user="Department71"]Just a little point of view from me. We were over there from mid Sept - end Nov, and from the end of October we used Nationwide's credit card for all purchases instead of our flex account. Today we have received our statement for the credit card, it is in excess of 800 pounds sterling and all the purchases were in France. If I had used my debit card these would have been taken out of my account with in a couple of days, but by using the credit card Nationwide although they will have paid the trader will have to wait until towards the end of December to get my money. If this is repeated by loads of people they are hopefully losing money on this. At least its a small win for me.Steve[/quote]Forgot to say it will be paid off in full, therefore no charges to pay.Elamese.We are looking at Norwich & Peterborough Building Socy to replace Nationwide, previous post says they are scrapping overseas fee's from 2011 Link to comment Share on other sites More sharing options...
AnOther Posted December 9, 2010 Share Posted December 9, 2010 If you are able to apply for it, i.e. UK resident, the Halifax Clarity card is also an option.More on the N&P card here http://www.thisismoney.co.uk/savings-and-banking/article.html?in_article_id=517699&in_page_id=7 Link to comment Share on other sites More sharing options...
elamessa Posted December 9, 2010 Share Posted December 9, 2010 [quote user="Department71"][quote user="Department71"]Just a little point of view from me. We were over there from mid Sept - end Nov, and from the end of October we used Nationwide's credit card for all purchases instead of our flex account. Today we have received our statement for the credit card, it is in excess of 800 pounds sterling and all the purchases were in France. If I had used my debit card these would have been taken out of my account with in a couple of days, but by using the credit card Nationwide although they will have paid the trader will have to wait until towards the end of December to get my money. If this is repeated by loads of people they are hopefully losing money on this. At least its a small win for me.Steve[/quote]Forgot to say it will be paid off in full, therefore no charges to pay.Elamese.We are looking at Norwich & Peterborough Building Socy to replace Nationwide, previous post says they are scrapping overseas fee's from 2011[/quote]Unfortunately as I'm French resident then unable to entertain Norwich & Peterborough BS. Link to comment Share on other sites More sharing options...
AnOther Posted December 9, 2010 Share Posted December 9, 2010 Not necessarily, see my earlier post or visit their website.http://www.nandp.co.uk/mortgages/proving-your-identity Can I open an account if I don't live in the UK? Link to comment Share on other sites More sharing options...
elamessa Posted December 9, 2010 Share Posted December 9, 2010 [quote user="AnOther"]Not necessarily, see my earlier post or visit their website.http://www.nandp.co.uk/mortgages/proving-your-identity Can I open an account if I don't live in the UK?[/quote]Which means the hassle of visiting one of their branches to open an account that also means going back to the UK and I don't see myself doing that..........ever. Link to comment Share on other sites More sharing options...
brianagain Posted December 11, 2010 Share Posted December 11, 2010 Having just read this article about Tescohttp://www.guardian.co.uk/money/2010/dec/11/foreign-exchange-tescoit might be better to examine the small print of the bank/bs conditions before deciding on moving your account; a new account may be "fee free" or "commission free" but who knows what catches there may be hidden away? Is it really "profit free"?Brian (again) Link to comment Share on other sites More sharing options...
mint Posted December 11, 2010 Author Share Posted December 11, 2010 Surely it goes without saying that you look at the entirety of what's on offer before just going abroad and using whoever's plastic?I have had a Tesco credit card for years and I retain it for when I buy things in sterling on line. Unfortunately, I don't go back to the UK at all now so any Tesco points go to waste. Link to comment Share on other sites More sharing options...
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