Note, as with the Clarity card, it will still charge interest on cash withdrawals from the date of withdrawal.
thankshotdeals to zerocrop
15 Nov 16#42
No this is a credit card - I have it for 10 years and it's great - if u top up the card before you overseas then you can use it in cash machines at no cash charge and at market exchange rates.
rainbowwheel
14 Nov 161#2
This one is better, or the Halifax clarity card?
stevehaley to rainbowwheel
14 Nov 161#22
For normal foreign cash purchases they are about the same. Both cards are MasterCard and use previous day mid rate.
For atm withdrawals the clarity beats it mostly because you can get a lower interest rate on the clarity and Halifax aren't so precious over preloading.
I have both and preload the clarity for interest free cash withdrawals at mid rate.
For the eu there is an odd rule that states you must be able to work out what it will cost you so cards use the previous day's rates which are published. I have been caught a couple of times abroad by large currency movements and both times I was able to withdraw cash from the atm at the old rate up to midnight.
chocci to rainbowwheel
15 Nov 161#26
Santander 18.9% interest on cash withdrawals
Halifax clarity varies between 13% and 16% dependent on initial contract offer
Generally, I just set up a payment scheduled to pay off the amount withdrawn on the same day so interest is zero.
I agree but the Thai bank charges probably apply to all cards.
colin4man
14 Nov 162#4
I can't see what exchange rate they will give you on foreign transactions. Presumably that is where they make their money because the no foreign transaction fee only apply if you use the local currency.
I still think the Revolut card is better. It's a debit card not a credit card but there are no fees involved (if you stick to their fair use policy) and you get the live inter bank exchange rate on transactions.
Monaco Blue to colin4man
14 Nov 16#14
Agree re Revolut card. Just returned from US and borrowed the mini me's card after being harassed into using it! Brill rate. Now applying for my own.
mikeyrobbo to colin4man
10 Feb 17#64
the visa rate
Astec
14 Nov 161#5
If it's a debit card then it can't charge interest unless you are overdrawn can it?
EveshamLad
14 Nov 161#6
Payment scheme exchange rate applies
Rates can be found at mastercard.com or visaeurope.com
Dazza34
14 Nov 16#7
The Post Office credit card allows you to buy things abroad with no exchange fees
EveshamLad to Dazza34
14 Nov 161#8
I think this only applies to their Platinum card, and there is a cash handling fee of 2.5% (minimum £3)
This deal offers "No cash withdrawal fee anywhere in the world"
LesD
14 Nov 166#9
Oh dear....HUKD seeks to confuse yet again!
Slowly does it......
The post says it's about a CREDIT CARD but the get deal link goes to the current account cheque account which issues a DEBIT card.
The DEBIT card charges fees, but (you're right) no interest.
The CREDIT card does NOT charge fees, but does charge interest.
All clear now?
rally
14 Nov 16#10
I just tried signing up with revolut, they not taking any new users on at the moment.
Thanks OP for the heads up on the zero credit card, I phoned and got accepted for one.
![Fresh Breakfast Meat Box (Using code) @ Campbells Meat [Haggis / Lorne Sausage / Bacon / Black Pudding & More]](/images/topics/208684_1.jpg)
![[Xbox One] Q. u. b. e: Director's Cut on Deals with Gold](/images/topics/208716_1.jpg)
Opening post
No foreign transaction fees on purchases when made in the local currency
No cash withdrawal fee anywhere in the world
No monthly fee
Top comments
Slowly does it......
The post says it's about a CREDIT CARD but the get deal link goes to the current account cheque account which issues a DEBIT card.
The DEBIT card charges fees, but (you're right) no interest.
The CREDIT card does NOT charge fees, but does charge interest.
All clear now?
All comments (64)
"If you use your VISA debit card for transactions abroad, you may be charged a foreign exchange fee."
Here's the correct link to the Zero card.
http://www.santander.co.uk/uk/credit-cards/zero-credit-card
Note, as with the Clarity card, it will still charge interest on cash withdrawals from the date of withdrawal.
For atm withdrawals the clarity beats it mostly because you can get a lower interest rate on the clarity and Halifax aren't so precious over preloading.
I have both and preload the clarity for interest free cash withdrawals at mid rate.
For the eu there is an odd rule that states you must be able to work out what it will cost you so cards use the previous day's rates which are published. I have been caught a couple of times abroad by large currency movements and both times I was able to withdraw cash from the atm at the old rate up to midnight.
Halifax clarity varies between 13% and 16% dependent on initial contract offer
Generally, I just set up a payment scheduled to pay off the amount withdrawn on the same day so interest is zero.
Proper link
http://www.santander.co.uk/uk/credit-cards/zero-credit-card
I still think the Revolut card is better. It's a debit card not a credit card but there are no fees involved (if you stick to their fair use policy) and you get the live inter bank exchange rate on transactions.
Rates can be found at mastercard.com or visaeurope.com
This deal offers "No cash withdrawal fee anywhere in the world"
Slowly does it......
The post says it's about a CREDIT CARD but the get deal link goes to the current account cheque account which issues a DEBIT card.
The DEBIT card charges fees, but (you're right) no interest.
The CREDIT card does NOT charge fees, but does charge interest.
All clear now?
I just tried signing up with revolut, they not taking any new users on at the moment.
Thanks OP for the heads up on the zero credit card, I phoned and got accepted for one.