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CASH POINTS!

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Georgie2002:
The exchange rate :)

Waspman:
At ATM's abroad you may well get 0% loading and no cash withdrawal fee on certain credit cards, but it's very likely that you will pay interest from the day the cash is withdrawn even if you repay in full.

Some foreign ATM providers may charge a fee but this should be made clear to you at the time of withdrawal.

At present the best available is the Halifax Clarity credit card.

Bee:

--- Quote from: Waspman on April 07, 2013, 12:01:10 AM ---At ATM's abroad you may well get 0% loading and no cash withdrawal fee on certain credit cards, but it's very likely that you will pay interest from the day the cash is withdrawn even if you repay in full.

Some foreign ATM providers may charge a fee but this should be made clear to you at the time of withdrawal.

At present the best available is the Halifax Clarity credit card.

--- End quote ---

Thanks Waspman, but as my 'credit' card has been loaded with cash, I never pay any interest  :)

Jules:
Last year we got €1.14 from the cash machine but €1.25 commission and interest free for sterling cash at the place near to Zorbas. Will probably look at doing this again if we hear that we can get a better rate than UK again. UK rate for us last year was about €1.18 interest  / commission free. Cards for us will be as a back up only.

DavidFid:
Quick tip when using the ATM near the beach, as I did last year.

The machine gives two options a guaranteed rate of 1.14 or the prevailing rate when the transaction goes through your bank. I took the later and when I returned home I checked my bank, the rate charged was 1.251 !!! reduced by my banks fees to 1.219 on a withdrawal of 200 euros (so with a larger withdrawal the rate would have reduced by less).

Significantly better than the 1.14 guaranteed, not sure if my bank would have charged their fees on the 1.14 but I expect that they would so reducing the rate to 1.10.

Potentially £16 more expensive on my 200 euro withdrawal.

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