Best method of withdrawing cash?

Discussion in 'Continental Touring' started by sciac2001, Dec 29, 2012.

  1. sciac2001

    sciac2001 Funster

    Joined:
    Jul 18, 2010
    Messages:
    311
    Likes Received:
    343
    Location:
    Touring Europe long-term
    Hello all and a very Merry Christmas to all....

    Planning for our forthcoming extended touring of Europe (incidentally brought forward to November 2013), i would be grateful for tips on the cheapest/most cost effective method of withdrawing cash.
    We have the usual debit cards etc with which we can make our higher amount purchases etc but will obviously have a need for cash. We arereluctant to hold large amounts of cash so we would be looking at withdrawing small amounts at a time which may be expensive if done through our debit cards..
    I assume that there must be handlimg charges when using holes-in-the wall and perhaps you could recommend the cheapest option for us?

    Many thanks.
    Best regards
    Eric & Annie.
     
  2. hilldweller

    hilldweller Funster Life Member

    Joined:
    Dec 5, 2008
    Messages:
    26,421
    Likes Received:
    25,078
    Location:
    Macclesfield
    Look up CaxtonFX.

    Well thought of round here.
     
    • Like Like x 1
  3. teddybard

    teddybard Read Only Funster

    Joined:
    Aug 21, 2012
    Messages:
    7,611
    Likes Received:
    8,998
    Location:
    warwickshire
    Nationwide Credit card has currently no charges
    But not their debit card.


    Alternately Amazon supply Guns
    ( if you wish to take the Eastern European Approach):Rofl1:

    Teddybard
    Roger & Sheila:Smile::BigGrin:
     
  4. Spacerunner

    Spacerunner Read Only Funster

    Joined:
    Apr 7, 2008
    Messages:
    609
    Likes Received:
    195
    Location:
    Hampshire
    I use a pre-loaded card FairFX.
    They give a good rate of exchange and you can top up by phone call or SMS.
    Most continental retailers accept and may be either chip and pin or signature.

    Very easy to use.
     
  5. jhorsf

    jhorsf Read Only Funster

    Joined:
    May 15, 2009
    Messages:
    9,157
    Likes Received:
    8,067
    Location:
    DERBYSHIRE
    357 magnum
     
    • Like Like x 5
  6. sciac2001

    sciac2001 Funster

    Joined:
    Jul 18, 2010
    Messages:
    311
    Likes Received:
    343
    Location:
    Touring Europe long-term
    Many thanks. If i've read their website correctly, they do not charge for cash withdrawals from ATMs. That sounds perfect for us.

    Thanks to all responders....
     
  7. phil1946

    phil1946 Funster

    Joined:
    Apr 21, 2009
    Messages:
    258
    Likes Received:
    2,448
    Location:
    South coast of England
    I used a Thomas Cook's pre-loaded card. They gave a good rate of exchange on the day that I loaded it so I knew what the cost was going to be.

    You can top up while you are away so only need to have small amount on the card at any one time in case it is lost or stolen.

    I found most retailers accepted it and it is not subject to exchange rate changes or the 'vagaries' of credit card rates that seem to cause a surprise when you get the bill at the end of the month.
     
  8. MikeandCarolyn

    MikeandCarolyn Read Only Funster

    Joined:
    Mar 18, 2008
    Messages:
    2,171
    Likes Received:
    1,463
    Location:
    Worle,North Somerset
    We've been thinking about a prepaid card-at moment caxton are giving €1.1950 and ICE are giving €1.1952.
    We currently get our Euros from ICE-does anyone have any experience of their card compared with caxton ?
    ICE are currently giving €1.1992 for home delivery. So,best rate seems to be for cash.

    Mike
     
    Last edited: Dec 29, 2012
  9. beachcaster

    beachcaster Read Only Funster

    Joined:
    Dec 18, 2010
    Messages:
    3,048
    Likes Received:
    3,171
    Location:
    east sussex
    Caxton seem to be a good answer........we used ours in Spain recently
    and both cards ......my wifes and mine worked well.

    A good exchange rate.........solid security....accepted in most places...and top it up by phone

    barry
     
  10. injebreck99

    injebreck99 Funster

    Joined:
    Dec 5, 2011
    Messages:
    1,116
    Likes Received:
    1,165
    Location:
    norfolk
    We have used them in the USA, Canada and Europe, never had any problems yet.:thumb:
     
  11. JockandRita

    JockandRita Funster Life Member

    Joined:
    Aug 2, 2007
    Messages:
    5,653
    Likes Received:
    6,775
    Location:
    Lincs/Cambs border
    We use our Norwich & Peterborough Gold Account Debit Cards for cash withdrawals, (no charges world wide), and our Nationwide Select Credit Card for fuel (and tolls, if accessed at all). Again, no charges, except for cash withdrawals.

    Regards,

    Jock & Rita.
     
  12. jonandshell

    jonandshell Funster

    Joined:
    Dec 12, 2010
    Messages:
    5,253
    Likes Received:
    7,858
    Location:
    West Norfolk
    • Like Like x 1
  13. brynric

    brynric Funster

    Joined:
    Sep 5, 2009
    Messages:
    328
    Likes Received:
    310
    Location:
    Worcestershire
    JonandShell beat me to recommending the money saving web site, especially useful in what NOT to use.
    For Europe we use a Caxton card and a Saga credit card as backup, if you're the right age. It has been said that you lose interest by pre-lading the caxton card but rates are so low it makes little difference.
     
  14. Wildman

    Wildman Read Only Funster

    Joined:
    May 30, 2008
    Messages:
    15,458
    Likes Received:
    8,598
    Location:
    Ilfracombe, Devon
    shotgun and a ski mask usually works for me:Rofl1::Rofl1::Rofl1:
     
    • Like Like x 1
  15. JockandRita

    JockandRita Funster Life Member

    Joined:
    Aug 2, 2007
    Messages:
    5,653
    Likes Received:
    6,775
    Location:
    Lincs/Cambs border
    • Like Like x 1
  16. Minxy Girl

    Minxy Girl Funster Life Member

    Joined:
    Aug 22, 2007
    Messages:
    8,501
    Likes Received:
    9,856
    Location:
    E Yorks
    I've just been reading about the ICE pre-payment card. It seems to have no drawbacks that I can see, and a much lower minimum loading rate than the Caxton Card, plus you get a second card for free (you have to pay for it with Caxton), and the euro rate is slightly better than Caxton too.
     
    • Like Like x 1
  17. Hayleylulu

    Hayleylulu

    Joined:
    Feb 17, 2008
    Messages:
    5,392
    Likes Received:
    3,889
    Location:
    Full timing in the van
    With a gun and a mask :Rofl1::Rofl1::Rofl1:
     
  18. Minxy Girl

    Minxy Girl Funster Life Member

    Joined:
    Aug 22, 2007
    Messages:
    8,501
    Likes Received:
    9,856
    Location:
    E Yorks
    Going back to my earlier post, the ONLY downside about the ICE card I can see is that to load it when abroad you have to ring and do it, whereas with the Caxton card you can just text.
     
  19. Theonlysue

    Theonlysue Funster Life Member

    Joined:
    Sep 14, 2009
    Messages:
    2,951
    Likes Received:
    2,821
    Location:
    Essex
    withdrawing cash abroad

    Carton card looks good. You can check out the rate online on your phone or pc before you purchase your euros. The first load must be online, but after that you can text if you want to, really easy.
    Also, they debit your bank account in sterling so no bank charges when you purchase, and no charges when you withdraw funds, but you may have to use banks ffor this.
    I did try to pay for fuel in France yesterday with caxton as no tellers about, but didn't work, so
    Had to use credit card :Sad:
     
  20. MikeandCarolyn

    MikeandCarolyn Read Only Funster

    Joined:
    Mar 18, 2008
    Messages:
    2,171
    Likes Received:
    1,463
    Location:
    Worle,North Somerset
    I read it that phone is another option to topping up online,and that with Caxton txt is another option in the same way.
    You can always find internet if you really need it and surely you would really only need to top up maybe once on a 3mth trip,and that only if you got it wrong when you loaded it before leaving home.

    I'm still undecided as I've had no problems using cash so far. I watch the rates whilst we are at home and order a substantial amount at a good rate.
    We're quite happy carrying cash with us,and I've become very adept at peeling a low denomination note off my roll whilst it's in my pocket :BigGrin:

    Mike.
     
Loading...

Share This Page