New tool for travel money

[wayneg]

Just got weekly email from Martin Lewis' site. He has revamped the travel money section.
http://www.moneysavingexpert.com/cards/cheaper-spending-overseas

[DCLMan]

The Abbey Zero credit card seems to be the best credit card, but Abbey Zero Quick Stats. European Load: 0%. Worldwide Load: 0%. Cash withdrawal fee: £0. Interest charged on cash withdrawals even if paid off in full: Yes. Cash withdrawal interest: 25.9%

25.9% interest!!:scared1: from day one you withdraw the cash. That's a lot.

Nationwide Credit Card Quick Stats. European Load: 0%. Worldwide Load: 0%. Cash withdrawal fee: 2.5% (min £3). Interest charged on cash withdrawals even if paid off in full: Yes. Cash withdrawal interest: 22.9%

2.5% (min £3) plus 22.9% interest charged on cash withdrawals even if paid off in full. Seems a very expensive way to get cash dollars.

[wayneg]

3% (min £3) plus 22.9% interest charged on cash withdrawals even if paid off in full. Seems a very expensive way to get cash dollars.

His info is not very acurate then. This is from Nationwides website
Cash advances 2.50%
(min £3.00)
Thankfully I never use cash, I put everything on the card with no fees.
Foreign transactions commission nil

[paulh]

for the abbey Zero card (from there web site)
Cash advances: Introductory/Promotional rate N/A. Monthly rate 1.9137%. Annual rate 25.9%

For the nationwide card (from there web site)
Other interest rates Introductory rate Monthly rate Annual rate
Purchases 0% for 3 mths* 1.240% 15.9% p.a.
Cash advances n/a 1.737% 22.9% p.a.
Balance transfers 0% for 10 mths* 1.240% 15.9% p.a.

The cash advance is the same for all nationwide CC
Plus the abbey zero card came out at least 3-6 months ago,looks like martin not up to date
Paulh

[irongirlof12]

Martin Lewis :worship: :worship: :worship: I use his site a lot for advice.

I have a P.O. CC as I never use a CC for cash, works well overseas. Info on his website :thumbsup2

[paulh]

would agree completly irongirlof12,never use a CC for cash from an ATM,we use our nationwide fexacount debit card for that,so we still get the same rates for the $ as CC but it comes out of our currant acount insted
and why o why do the send you credit card checks, ours allways go in shreader
Paulh

[fuse04]

eh, Wayne, is it true that Martin Lewis contacts you for money saving advice before he publishes :lmao: :lmao: :lmao:

[wayneg]

eh, Wayne, is it true that Martin Lewis contacts you for money saving advice before he publishes :lmao: :lmao: :lmao:

No, I wouldn't allow mistakes:rotfl2:
We don't like parting with money in Yorkshire unless we are getting good value.:goodvibes

[DCLMan]

His info is not very accurate then. This is from Nationwides website
Cash advances 2.50%
(min £3.00)
Thankfully I never use cash, I put everything on the card with no fees.
Foreign transactions commission nil
Do you pay with your CC for everything? Surely you would need some cash to pay for smaller items?