There's only one exchange rate

Re:There's only one exchange rate by TomGullen on Thursday October 25, 2012 @09:27AM (#4697526)

Here in the UK they charge on everything, IIRC when I went to USA they charged something like £5 per withdrawl, then the amount you got would also have an expensive spread. The £5 per withdrawl was irritating as it forced you to withdraw $200+ a time, the more you took out the cheaper it would be overall.

[ Parent | on HN ]

Re:There's only one exchange rate by barrkel on Thursday October 25, 2012 @10:38AM (#4697792)

This is normally the typical US ATM fee which UK banks don't bother to try and return to you, AIUI. The credit card spread by itself isn't that bad; it's better than almost all alternatives except for pre-pay currency cards (not as secure or convenient as a credit card especially if you get saddled with a big pre-auth somewhere) or shopping around for the cheapest cash conversion (in which case you end up with a wad of high-value notes you can't spend if you're not careful).

[ Parent | on HN ]

Re:There's only one exchange rate by bruceboughton on Thursday October 25, 2012 @10:19AM (#4697731)

You can get some cards with no fees. Not sure what their spreads are though.

[ Parent | on HN ]