My dad just bought euros in tescos using his alliance and leicester credit card. Another issue with purchasing euros on a credit card is that interest will be charged from the moment you purchase your currency.
Paying Abroad Debit Card Or Credit Card
can i pay for euros with credit card
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Well in my playing around with this i can say that this is essentially correct but technically incorrect.
Can i pay for euros with credit card. 3 or 3 fee whichever is the greater. You may also have to deposit a minimum amount at the start so you can use the card. This is my first post so hope you can help.
Using credit card to pay in euros 3rd dec 08 at 1026 am 1 hi im new herejust recieved a bill to pay a maintenance invoice in euros they say it is cheaper for me to use my credit card to pay can anyone tell me if this is correct. There might even be an account holder charge where you pay for simply having the account. Us dollars on credit card charges.
Travellers cheques cant be bought on an american express credit card. Below is a comparison of cash advance fees charged by 10 mainstream credit card issuers when customers use their credit cards to buy foreign currency or travellers cheques in the uk. Dcc rates can be less favorable than the normal rates you receive from your own credit card plus youll pay for the dcc a conversion percentage.
Okay so i want to order something online from ireland and the price will come out to 11 euros estimated. Since it is online clearly i cannot pay in cash and my question is if the transaction is still valid if i use my credit card even though i am in the usa and i guess technically the credit must be in dollars. If a shop asks you to pay in usd you will be charged a dynamic currency conversion which is basically for the financial institutions to make more money off you then necessary.
Making an initial minimum top. Even if you pay off the credit card in full every month youll still pay the interest. Anything over 1 that you are charged for transaction fees by your bank or credit card is solely fees charged by them so yes you will not see any savings by doing the transaction is dollars because your provider will still charge you.
Have a separate debit card and credit card. Buying euros on a credit card in uk 31st jul 08 at 1257 pm 1. Even if you dont physically withdraw the money from a cash machine youll still be charged a cash advance fee on your euros.
Still always pay in the local currency euros in this case and not usd. Given the choice between paying in pounds or euros when using a debit or credit card in. Use the debit card to withdraw cash.
Martin lewis reveals whether you should pay in pounds or euros on your credit card while on. He spent over 2000 to buy euros to pay for a holiday. Some providers could have an initial fee you have to pay in order to get a prepaid euro card.
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