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Money advice needed

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Tredegar Boy:
I'm considering paying for our San Stef holiday now with my debit card rather than when I get over there - the euro is 1.20 at the moment but I'm concerned that that will go down after the budget next Tuesday. If I do pay by debit card today will I get the 1.20 exchange or the 1.16 being offered by the exchange companies here?  In other words when our Greek friends do the business their end will I get the better rate?

Does that make sense? God I'm confused.

One other thing, what's the rate over there at the moment?

tonyco1:
Be careful, we got charged a fee when we paid by debit card last year, I would have paid cash if I had known.
Check it out first!
Exchange rate there according to recent posts is slightly better than here, but depends where you change your money.
Some places add commission - best to ask first!

SueLa:
last year we took Travel Cheques and got them exchanged in San Stef.

This was mainly due to a slightly better exchange rate, plus no cash machines working in San Stef or Arillas.

Hope this helps

Waspman:
Tony't right, beware of using debit cards.  There's always a heavy charge by your debit card provider for using their cards abroad, even in this country you can pay commission to buy currency if using your debit card.

The exchange rate in SS (after commission) was 1.17 yesterday, this was confirmed to me by Noula (San Stefanos Travel) so there is not a huge amount of difference between GB and San Stefanos.

My advice on earlier postings was to take one of the "no commission credit cards" ie Nationwide, Post Office etc, but beware that some restaurants/tavernas will try to charge you 2% commission, even so it's better than using a debit card and can still be better than paying by cash.

Travellers cheques are still a good idea, if you lose them you can have them replaced at short notice, with cash, once it's lost it's gone forever.

Mikee:

--- Quote from: Waspman on June 18, 2010, 01:09:35 PM ---Tony't right, beware of using debit cards.  There's always a heavy charge by your debit card provider for using their cards abroad, even in this country you can pay commission to buy currency if using your debit card.

The exchange rate in SS (after commission) was 1.17 yesterday, this was confirmed to me by Noula (San Stefanos Travel) so there is not a huge amount of difference between GB and San Stefanos.

My advice on earlier postings was to take one of the "no commission credit cards" ie Nationwide, Post Office etc, but beware that some restaurants/tavernas will try to charge you 2% commission, even so it's better than using a debit card and can still be better than paying by cash.

Travellers cheques are still a good idea, if you lose them you can have them replaced at short notice, with cash, once it's lost it's gone forever.



--- End quote ---


That'll do for me Wapman, ESP as the PO is only 1-16 and M&S 1-137 today

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