exchange rate - elections

[SunLover]

We just transferred some cash to our US bank account using an online money transfer company.

We got a rate of $1.80 to the £1.00.

[belfastbob]

THE RATE AT THE LOCAL ULSTER BANK IN BELFAST TODAY WAS $1.81 TRAVELLERS & $1.80/£1 FOR CASH.SO WE JUST BOUGHT AT THAT RATE,BUT WERE TEMPTED TO WAIT.I'M TOLD THE TRAVEL CHEQUES ARE ACCEPTED JUST LIKE CASH,IS THIS RIGHT?

[trailblazerxp]

Yep, travel cheeques are accepted as cash. Just make sure you sign the correct part before handing one over though, or you'll have to go through an exchange procedure later.

Change is given in US dollars/silver.

TBXP

[pepsi]

For the first time this year we were charged to use our credit card in the USA. We have always used the card and got a very good exchange rate so thought it to be safer than cash or travellers cheques to take. However on our return after Easter we found out that we had been charged a fee, for every transaction we had made. In the future we may stick to cash or travellers cheques

[Magical Dreams]

If they are offering $1.80/£1 that is superb!

Lunnpoly are offering $1.757391 on the net!

M&S are offering $1.772 on the net


We got $1.833 in July by using a currency broker!

[amy]

If it is just spending money for your trip, these small changes in the rate are neither here nor there, it only really comes into it when large amounts are transfared over to the states.

[McjohnjM]

Can' understand why you were charged for using your credit card, we were also over in the US at Easter this year and used the card, shall we say on more than one occasion and did not incur any charges. For your info. we have Barclaycard and an Abbey direct debit card.

John Mc

[brizzle]

Sometimes it doesn't show up as a separate cost but is absorbed into the actual transaction. Most credit card companies do charge an 'exchange fee' so it may be worth checking to see if you were in fact charged.
I didn't think I was charged until I was refunded and the difference between the transaction and the refund was £5...it turns out I was charged an 'exchange fee' both times so ended up paying £5 for nothing!!!

One reason why this trip I will be using the Nationwide card

[KJH]

We use Barclaycard and the charge never used to show, they normally charge about 2.75 percent, but the exchang rate always seems quite favourable. We are going to get the Nationwide card for January,

I thinks the rules were changed a while ago.

Kaz

[LiesaAnna]

<blockquote id="quote" class="ffs">quote:Originally posted by KJHewitt
We use Barclaycard and the charge never used to show, they normally charge about 2.75 percent, but the exchang rate always seems quite favourable. We are going to get the Nationwide card for January,

I thinks the rules were changed a while ago.

Kaz
[/quote]

can you advise me please,
my hubby has a debit card with nationwide, we can put our holiday money in that account and use the card in florida???????


sorry we dont often use cards so not aware of whats to do
cheers[msnwink]