Beware Caxton Card and TeleBanco - Spain (1 Viewer)

MrMotorhome

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Deceased RIP
May 19, 2009
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A quick note to warn others:

When using a Telebanco ATM in Spain we were charged €30.60 for withdrawing €300.

Caxton who responded immediately as usual informed me: The merchant or ATM would/should have asked you if you wanted to pay in sterling instead of the local currency. When processing a transaction in sterling on your card, the retailer/ATM converts the transaction at their own exchange rate and, generally, you will lose out.

Infact - the ATM did ask me and I ignored it as I assumed I was withdrawing Euros :Doh: You need to ask for in Euros ONLY.

Never mind I won the Bingo last night!:cry:
 
Feb 22, 2008
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A quick note to warn others:

When using a Telebanco ATM in Spain we were charged €30.60 for withdrawing €300.

Caxton who responded immediately as usual informed me: The merchant or ATM would/should have asked you if you wanted to pay in sterling instead of the local currency. When processing a transaction in sterling on your card, the retailer/ATM converts the transaction at their own exchange rate and, generally, you will lose out.

Infact - the ATM did ask me and I ignored it as I assumed I was withdrawing Euros :Doh: You need to ask for in Euros ONLY.

Never mind[HI] I won the Bingo last night![/HI]:cry:

[HI]WOW [/HI]:Eeek:::bigsmile:
 

ubuntu1

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Feb 13, 2008
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Caxton

This isn't just a Caxton issue. You need to be careful with any card.
 

Chris

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May 5, 2010
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Outrageous - 10%:Angry:
 

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