Fairfx £1.54!!!!

$1.555 again right now. :thumbsup2

£1.5575 now, and I just bought at £1.555, literally a couple of mins ago!! This happened yesterday aswell, it went up late in the day, and then went down again overnight.
Hopefully will go up again tomorrow:thumbsup2
 
We bought ours earlier and yes the pound is on the way up again but we are happy :rotfl:
Janet
 
Remember these types of cards do not give you the same guarantee as a uk bank account in the case of the company with whom you have the card fall into liquidation.
 
This company is, in effect, a UK bank. So your money is just as safe on a fairfx card as any other bank.

And it's 1.5675 right now!! What's going on? lol Long may it continue!
 

This company is, in effect, a UK bank. So your money is just as safe on a fairfx card as any other bank.

And it's 1.5675 right now!! What's going on? lol Long may it continue!

How are they a bank? I have looked and they are a plc dealing in money exchange only. Also nowhere does it say how you are covered if they get into financial difficulty. Would be nice to know if you are covered before depositing thousands of £ with them.

Claire ;)
 
How are they a bank? I have looked and they are a plc dealing in money exchange only. Also nowhere does it say how you are covered if they get into financial difficulty. Would be nice to know if you are covered before depositing thousands of £ with them.

Claire ;)

I said in effect. They are part of a major bank, who were actually giving people jobs rather than sacking people when the recession hit, meaning they are probably safer to deal with than other banks right now.

If other banks start going belly up, I might think of moving my money, but I would bet big money on these being far better off than most high street banks, so I feel my money is very safe.

Any bank, any company, any business can go out of business at any time. I highly doubt this will happen with Fairfx any time soon.

Oh dear, too many 'any's. Doesn't look like a real word any more! lol
 
I said in effect. They are part of a major bank, who were actually giving people jobs rather than sacking people when the recession hit, meaning they are probably safer to deal with than other banks right now.

If other banks start going belly up, I might think of moving my money, but I would bet big money on these being far better off than most high street banks, so I feel my money is very safe.

Any bank, any company, any business can go out of business at any time. I highly doubt this will happen with Fairfx any time soon.

Oh dear, too many 'any's. Doesn't look like a real word any more! lol

Any(!)way, it's now £1.5750!
 
Woohoo at current rate. An yeah its backed by Newcastle building society and Martin Lewis is still recommending them and its been noted before as Gem said that they are employing rather than sacking people at moment so think thats a good sign,
 
I said in effect. They are part of a major bank, who were actually giving people jobs rather than sacking people when the recession hit, meaning they are probably safer to deal with than other banks right now.

If other banks start going belly up, I might think of moving my money, but I would bet big money on these being far better off than most high street banks, so I feel my money is very safe.

Any bank, any company, any business can go out of business at any time. I highly doubt this will happen with Fairfx any time soon.

Oh dear, too many 'any's. Doesn't look like a real word any more! lol

Which bank is that, as when I read their website there was no mention other than them being a plc with a Chief Executive. Just wondering if they are safe to use if they should go bust?

Claire ;)
 
Which bank is that, as when I read their website there was no mention other than them being a plc with a Chief Executive. Just wondering if they are safe to use if they should go bust?

Claire ;)

Newcastle Building society if I recall correctly.
 
Which bank is that, as when I read their website there was no mention other than them being a plc with a Chief Executive. Just wondering if they are safe to use if they should go bust?

Claire ;)
The bottom of their website:

The FairFX Card is issued by Newcastle Building Society

It seems pretty safe in my opinion. Considerably safer than services such as Crown Currency Exchange, who I wouldn't touch.
 
The bottom of their website:



It seems pretty safe in my opinion. Considerably safer than services such as Crown Currency Exchange, who I wouldn't touch.

Ah that sounds better :)

Claire ;)
 




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