euro rate

Discussion in 'Motorhome Chat' started by CHRI$, Jan 17, 2012.

  1. CHRI$

    CHRI$ Funster

    Joined:
    Jul 26, 2009
    Messages:
    5,595
    Likes Received:
    7,098
    Location:
    england
    travel x =1.1900 buy to the £.
    caxton card=1.1810 buy to the £.
     
  2. ShiftZZ

    ShiftZZ Funster Life Member

    Joined:
    Feb 19, 2008
    Messages:
    19,821
    Likes Received:
    35,893
    Location:
    Leicestershire
    Commission rates?

    The difference in exchange reates would not make much difference to the average holidaymaker.
     
  3. CHRI$

    CHRI$ Funster

    Joined:
    Jul 26, 2009
    Messages:
    5,595
    Likes Received:
    7,098
    Location:
    england
  4. haganap

    haganap Funster Life Member

    Joined:
    Dec 5, 2007
    Messages:
    11,069
    Likes Received:
    13,679
    Location:
    Heavan
    Suppose I'm lucky then. I bank where I can hit the cash machine and draw out cash for the rate of that day without occurring any charges I'm sure it was 1-21 the other day. Also these variations make little difference to the holiday maker unless there was a major change or I was nipping accords to buy a new Motorhome :Smile:
     
    • Like Like x 1
  5. CHRI$

    CHRI$ Funster

    Joined:
    Jul 26, 2009
    Messages:
    5,595
    Likes Received:
    7,098
    Location:
    england
     
  6. haganap

    haganap Funster Life Member

    Joined:
    Dec 5, 2007
    Messages:
    11,069
    Likes Received:
    13,679
    Location:
    Heavan
    Hi Chris,
    we have Santander zero account, only available to certain customers with a certain other product that many of the retired funsters won't have :Wink:
    This allows us cash out of the cash machine and debit card transactions at the rate of that day without any charge or commission fee.

    We use Nationwide Credit Card that has the same deal although you can't use that for cash withdrawal as you incur charges. :thumb:
     
    • Like Like x 1
  7. CHRI$

    CHRI$ Funster

    Joined:
    Jul 26, 2009
    Messages:
    5,595
    Likes Received:
    7,098
    Location:
    england
    i also have a santander zero account as i also have my morgage with them,i will try later see what there rate is?cheers:thumb:
     
  8. niggle

    niggle Banned - Rule 1

    Joined:
    Aug 5, 2010
    Messages:
    806
    Likes Received:
    607
    Location:
    SOUTH AND FRANCE
    123 yesterday at tom cook in aldershot ,,,,, french p/o 126 ????
     
  9. CHRI$

    CHRI$ Funster

    Joined:
    Jul 26, 2009
    Messages:
    5,595
    Likes Received:
    7,098
    Location:
    england
    thats the buy back rate:Doh:nobody is offering 123/126 they would make a loss:Doh:
     
  10. niggle

    niggle Banned - Rule 1

    Joined:
    Aug 5, 2010
    Messages:
    806
    Likes Received:
    607
    Location:
    SOUTH AND FRANCE
    no its not i got £ 300.00 ,,,,, :Rofl1::Rofl1: good rate ,,,
     
  11. champers

    champers Funster Life Member

    Joined:
    Mar 9, 2009
    Messages:
    3,443
    Likes Received:
    2,039
    Location:
    Wales
    Happen to be in the PO yesterday enquired what their rate was :

    Over £500 ....£1.16
    Under £500...£ 1.12

    Big diff to you guys

    Will ask at our local travel agent next , know they are comission free But still won't be as good as your rates
     
  12. Craig Rogers

    Craig Rogers Read Only Funster

    Joined:
    Nov 9, 2011
    Messages:
    651
    Likes Received:
    411
    Location:
    Midlands, UK (Welsh!)
    Surely by know it should be something like £1 = €1,000,000,000,000?
     
    • Like Like x 3
  13. lunarman

    lunarman Funster

    Joined:
    Sep 23, 2008
    Messages:
    1,456
    Likes Received:
    872
    Location:
    South Glos
    If you do't have a santander zero account you can still get a Santander Zero credit card which is commission free on foreign purchases but does charge for cash withdrawals.

    Lunarman
     
  14. Craig Rogers

    Craig Rogers Read Only Funster

    Joined:
    Nov 9, 2011
    Messages:
    651
    Likes Received:
    411
    Location:
    Midlands, UK (Welsh!)
    I looked into some of these commission free deals the banks where offering. It may have changed now, but at the time, it was just a marketing ploy.

    They give you transactions commission free, but then make the money back by giving you a much less exchange rate.

    As I said, it may be different now, but when I looked (a few years ago) it was cheaper to stick with my regular Platinum LloydsTSB rather than have it commission free with Nationwide.

    The banks are always one step ahead.
     
  15. CHRI$

    CHRI$ Funster

    Joined:
    Jul 26, 2009
    Messages:
    5,595
    Likes Received:
    7,098
    Location:
    england
    just spoke to T COOK in union street aldershot(08443357012) and best they can offer is 1.1780.:Doh:
    and yesterday T COOK Aldershot was 1.1700
     
    Last edited: Jan 17, 2012
  16. bobandjanie

    bobandjanie Funster Life Member

    Joined:
    Apr 28, 2008
    Messages:
    4,406
    Likes Received:
    2,494
    Location:
    UK / Spain
    • Like Like x 2
  17. CHRI$

    CHRI$ Funster

    Joined:
    Jul 26, 2009
    Messages:
    5,595
    Likes Received:
    7,098
    Location:
    england
    caxton has just dropped to1.1760:Doh:
    travel x has dropped to 1.1820:Doh:
    but i did about a month ago buy a different currency,and then changed that for euro's netting me euro's at 1.2100:thumb:but it aint worth doing at the moment:cry:
     
  18. haganap

    haganap Funster Life Member

    Joined:
    Dec 5, 2007
    Messages:
    11,069
    Likes Received:
    13,679
    Location:
    Heavan


    Its irrelivent Chris, they give the rate of the day at the time you make the transaction. The trick is to go across, straight to the cash machine and withdraw a few quid and holiday just as you would in the UK.

    Craig, things must of changed, I get the rate of the day no commission, again, better to go over and hit the cash machine.
    There is no catch, no gimmick its just like living over there and far better than hunting the best rate of the day and changing up all your holiday money imo
     
    • Like Like x 2
  19. Bryan

    Bryan Read Only Funster

    Joined:
    Jul 19, 2007
    Messages:
    2,096
    Likes Received:
    342
    I use a caxton card. Benefits over the fairfx card is that cash withdrawals are free whereas fairfx charge.

    Another benefit is that I can load the card when the rate is good and if the rate drops my money is still at the same rate as when I bought it. (I know it's a negative if the rate goes up but at least i know I got a rate I was happy with).

    Not sure there is a commission charge for loading under £500 though...pretty sure it's commission free.

    (BTW 1.176 as I type)
     
  20. haganap

    haganap Funster Life Member

    Joined:
    Dec 5, 2007
    Messages:
    11,069
    Likes Received:
    13,679
    Location:
    Heavan
    From money website----

    http://www.moneysavingexpert.com/travel/cheap-travel-money

    1)
    Most cards add a 3% cost to the exchange rates banks themselves get, yet a few specialist cards don't add this 'load', meaning you get perfect exchange rates beating even the best bureau.

    Pocket one just for spending overseas, though always repay IN FULL to avoid interest. See the travel credit card best buys section, which also includes prepaid cards if you don’t have a decent credit score.

    2
    Never change money at the airport.

    Airports and ferry terminals tend to give the worst rates, as you’re a captive customer. If you must get it from the airport, pre-order for pick-up to get a better rate (usually possible until four hours beforehand).

    Better still use the TravelMoneyMax.com travel money comparison site to find the best possible deal inc. all fees and any commission.
    ebit cards can be the worst way to spend

    3
    While specialist credit cards give good rates, most don't. And while any card which charges you interest is a bad deal, some debit cards (bank account cards) actually have the worst fees – as they add up to £1.50 every time you spend.

    These include Lloyds TSB, Halifax, RBS, Intelligent Finance, Santander & NatWest. Don’t spend on these abroad (see cards from hell section).

    4
    If they ask ‘Want to pay in Pounds or Euros?’, say ‘Euros’.

    If you’re paying on a credit or debit card and an overseas retailer offers to let you pay in pounds, reject it. It's called dynamic currency exchange and means the shop does the conversion, usually at a worse rate than your own card.

    5

    Beware how you pay for foreign cash.

    While the holiday money comparison will find you the cheapest rates, there’s another possible hidden charge at bureau de change. All credit cards and some debit cards, including Barclays, Lloyds TSB, Natwest, Santander & RBS, charge a cash withdrawal fee.

    Use a different card if possible or withdraw pounds on your debit card and pay with that.


    Not all of that is true, as said, with out specialist premium account, we pay nothing for withdrawals of cash, we pay nothing in fees for using the Nationwide Credit Card, I suppose they make there money if you cant pay it back :RollEyes:
     
    • Like Like x 1
Loading...

Share This Page