Euros.

Discussion in 'Motorhome Chat' started by xsparks, Dec 22, 2015.

  1. xsparks

    xsparks Funster

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    Generally speaking do you buy your Euros before you travel, and run the risk of not having sufficient or, perhaps returning with excess. Or do you exchange or withdraw whilst away? For most of my expenses I use my Halifax Clarity card, but for day to day expenses I use cash so try to calculate what may be required to take.
     
  2. Phill D

    Phill D

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    load our Caxton card through the year when the exchange rate is good. then have a free holiday when we go. always bring a few back for pocket money on first day next time.
     
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  3. icantremember

    icantremember Funster

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    I agree with @Phill D ..... We buy and load Caxton card when rate is favorable so we have plenty to withdraw as required while traveling. If necessary you can top the card up on line from abroad.

    PS We always take 2-300€ in cash.
     
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  4. Brisey

    Brisey Funster Life Member

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    Likewise here.
     
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  5. Reallyretired

    Reallyretired Funster

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    doesn't matter if you have some left over, they don't go out of date.
     
  6. Robert Clark

    Robert Clark Funster Life Member

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    We have a pre paid Euro card from Easyjet
    You can top up online when travelling and use for card payments or withdraw cash as required
     
  7. jonsea

    jonsea Funster

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    we also load up when the rate is good:xThumb:
     
  8. Langtoftlad

    Langtoftlad Funster Life Member

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    How can you tell the rate is good :xwink:.
     
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  9. Chockswahay

    Chockswahay Funster

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    I simply draw cash from a machine using my Halifax Clarity card then pay it back via internet same day........ best rate and no fees :xThumb:
     
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  10. Techno

    Techno Funster Life Member

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    I changed from Caxton to Revolut which is very much more flexible and gives you the interbank rate on up to 90 currencies. You can also carry 3 currencies at once just now and even change euros back to sterling potentially making a profit.
     
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  11. NickNic

    NickNic Funster Life Member

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    Currency cards. Usually have a couple, currently Caxton and Revolut. The exchange rates are usually better than a no fee credit card and even if they weren't I couldn't be bothered with having to make a payment before or immediately after withdrawing cash.
     
  12. xsparks

    xsparks Funster

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    Thanks for all the great input, quite a number ideas to consider . xsparks.
     
  13. NickNic

    NickNic Funster Life Member

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    Sorry you're wrong.

    It's never ever the best rate.

    Every single currency card will beat it every single time.

    EDIT: With Halifax Clarity you get the MasterCard rate of the day, not the inter bank spot rate. Just looked and as it happens right now (Friday 21:40) they are the same. That's unusual. Normally the MasterCard rate is several cents lower.
     
    Last edited: Dec 22, 2015
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  14. Techno

    Techno Funster Life Member

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    You can download apps for them and revolut is always at least three points better than Caxton
    I bought at 1:43 the other week
    image.png image.png
     
  15. lorger

    lorger Funster

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    Same here.
     
  16. Chockswahay

    Chockswahay Funster

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    Really? It has always comes up best in the reviews :eek: I may be out of touch now. Perhaps I am thinking of the exchange rate for card transactions? Either way I like using it and I would imagine the difference is only pennies :)
     
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  17. Chockswahay

    Chockswahay Funster

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  18. NickNic

    NickNic Funster Life Member

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    Yes it isn't usually much unless you're making a huge purchase but it isn't the same as the spot rate.

    I have a Clarity card that I use for purchases but there's no way I could be bothered with having to make a payment every time I withdraw cash so I use currency cards for ATM withdrawals . By monitoring the rate and buying Euros when the rate is favourable you can sometimes make a worthwhile saving.

    Example: It's already been mentioned but I have some Euros at the moment on a card that I bought at 1.43. The MasterCard rate now is 1.35. Withdraw €200 and I would be £6 better off. That's 2 pints here or several glasses of wine in France (y)
     
  19. Chockswahay

    Chockswahay Funster

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    But don't they charge a withdrawal fee? I used to use FairFX for cash and they charge €1.50 per withdrawal, which is why I ended up using the Clarity card for free cash withdrawal.......
     
  20. Techno

    Techno Funster Life Member

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    NO
     

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