Cash vs Credit cards vs Traveller’s Cheques
Traveller’s cheques are safe & secure but the exchange rateis poor compared to the other two
Two places which offer competive rates are the Post office and Marks & Spencer. You can order currency at sub Post offices & the money will be there the next day
In theory credit cards, should offer the best deal however only really with a couple of cards
The best card to use is probably Nationwide’s. There is no charge for using it abroad. Most cards will charge you 2.75% of the amount .
Saga for the over 50s offers a % charge in Europe but 1% outside
If you withdraw it cash using a credit card, standard charges are 2% with a minimum of £2.
Note: if you have a Nationwide Flexaccount Debit card, there are no charges for purchases or for making cash withdrawls.