From: "Andy Pandy" 
Newsgroups: uk.finance
Subject: Re: Nationwide Credit Card - Abroad?
Date: Wed, 20 Apr 2005 18:38:46 +0100


"JP Jones"  wrote in message
news:d45mit$e6h$8@news6.svr.pol.co.uk...
> Regarding the Credit Card: for overseas cash withdrawals, does it make any
> difference at all if there is a credit balance on the account (ie loaded)
> when drawing out cash from cash machines?
>
> Basically is there still a credit charge for cash withdrawals even the money
> is not being borrowed but being instead being taken from an account with
> funds?
>
> Just trying to work out what is the cheapest possible method all round.
> Many thanks!

I think you still get charged the "cash handling" fee, you just avoid getting
charged interest.

Cheapest possible way is to open a flex account and withdraw cash from that.
That's even cheaper than paying for stuff by credit card in those establishments
which rip you off by using dynamic currency conversion (where they covert the
currency to pounds at the POS with a nice bit of commission built into the
rate) - you can't avoid this using a Nationwide credit card.

--
Andy