Cheapest way to buy in EUR
Discussion
I'm currently looking to buy something from Germany where the price is in EUR - what's the least expensive way for me to buy it? Ideally I'd put it on a credit card, but I want to avoid the transaction fees that would incur. I'd also like to know when I click "buy" what it's costing me.
This month, I am mostly loving: https://revolut.com/
You load up your account with GBP.
Then convert to whatever currency at spot prices (when you want) so that the account now holds, say, some EUR.
When you buy something (using the card they send you - a Mastercard) it will transact in the relevant currency.
All for no fees.
You load up your account with GBP.
Then convert to whatever currency at spot prices (when you want) so that the account now holds, say, some EUR.
When you buy something (using the card they send you - a Mastercard) it will transact in the relevant currency.
All for no fees.
AyBee said:
I'm currently looking to buy something from Germany where the price is in EUR - what's the least expensive way for me to buy it? Ideally I'd put it on a credit card, but I want to avoid the transaction fees that would incur. I'd also like to know when I click "buy" what it's costing me.
Halifax Clarity credit card. No fees on foreign transactions.walm said:
This month, I am mostly loving: https://revolut.com/
You load up your account with GBP.
Then convert to whatever currency at spot prices (when you want) so that the account now holds, say, some EUR.
When you buy something (using the card they send you - a Mastercard) it will transact in the relevant currency.
All for no fees.
Sounds fairly similar to Monzo...? It's just the credit card protection that I like the idea of when buying something that will have to be posted to me from Germany...You load up your account with GBP.
Then convert to whatever currency at spot prices (when you want) so that the account now holds, say, some EUR.
When you buy something (using the card they send you - a Mastercard) it will transact in the relevant currency.
All for no fees.
AyBee said:
walm said:
This month, I am mostly loving: https://revolut.com/
You load up your account with GBP.
Then convert to whatever currency at spot prices (when you want) so that the account now holds, say, some EUR.
When you buy something (using the card they send you - a Mastercard) it will transact in the relevant currency.
All for no fees.
Sounds fairly similar to Monzo...? It's just the credit card protection that I like the idea of when buying something that will have to be posted to me from Germany...You load up your account with GBP.
Then convert to whatever currency at spot prices (when you want) so that the account now holds, say, some EUR.
When you buy something (using the card they send you - a Mastercard) it will transact in the relevant currency.
All for no fees.
Not sure about the CC protection - probably you don't get that, which makes the Halifax deal mentioned above better for you, I suspect!
walm said:
AyBee said:
walm said:
This month, I am mostly loving: https://revolut.com/
You load up your account with GBP.
Then convert to whatever currency at spot prices (when you want) so that the account now holds, say, some EUR.
When you buy something (using the card they send you - a Mastercard) it will transact in the relevant currency.
All for no fees.
Sounds fairly similar to Monzo...? It's just the credit card protection that I like the idea of when buying something that will have to be posted to me from Germany...You load up your account with GBP.
Then convert to whatever currency at spot prices (when you want) so that the account now holds, say, some EUR.
When you buy something (using the card they send you - a Mastercard) it will transact in the relevant currency.
All for no fees.
Not sure about the CC protection - probably you don't get that, which makes the Halifax deal mentioned above better for you, I suspect!
Found it really useful in Greece this year not having to take out loads of cash before going over there and no worrying about running out of money. Will take a look at the Halifax CC.Thanks all!
walm said:
Yes except they send you a card in a couple of days rather than putting you on a waiting list.
Not sure about the CC protection - probably you don't get that, which makes the Halifax deal mentioned above better for you, I suspect!
Section 75 protection also applies to foreign transactions.Not sure about the CC protection - probably you don't get that, which makes the Halifax deal mentioned above better for you, I suspect!
I notice Santander are doing a "no transaction fee" credit card now, not sure of the exchange rate they use though. So I'm sticking to Clarity for now, but also have a FairFX card if I want to top up @ a favorable rate.
I don't know if FairFX can be used for internet transactions though, I know it can't be used in unmanned petrol stations where they have a machine that pre authorises the transaction.
The Clarity Card always beats the rate on the FairFX card.
I don't know if FairFX can be used for internet transactions though, I know it can't be used in unmanned petrol stations where they have a machine that pre authorises the transaction.
The Clarity Card always beats the rate on the FairFX card.
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