Travel Money Cards

[Katys Grandad]

<blockquote id="quote" class="ffs">quote:Originally posted by hazelk
Jill

If you go to Santander or Martin Lewis's website moneysavingexpert.com you will get the info.

Martin is saying on his site today that Santander is the outright winner with the zero card.[/quote]But that's a comparison between credit cards Hazel. On the same page, he says that the Nationwide is the only debit card worth having.

As I said above, we're probably talking pretty small differences and, as Jill rightly points out, it will depend upon how much you spend/withdraw on the credit card and how long/rate the interest accumulates before you pay it off.

My own view is that the Santander Zero card is a lot better than most (maybe all) other credit cards but the comparative benefits when viewed against the Nationwide debit card will depend upon individual spending and use patterns.

[grayster]

I agree KG. I always use Nationwide debit card but I am a current account customer there. The real proof is always in the FX rate given - and I have seen divergence greater than 5% from other banks. Nationwide fx rates have been consistently competitive. It is a shame they now apply the 1% charge but that is only £20 if you spend £2k on hols!

If you have the cash in the bank, I wouldn't personally open a credit card account. I also would never use it for ATM withdrawals where I would start incurring 27.9% APR interest from the moment of withdrawal. However, a combination of the two cards might be good if you can be bothered with the administration effort to save a few quid.

On pre-paid cards, I agree with Albert the Frog.