Nationwide to charge for FlexAccount overseas cash withdrawals

With the announcement that Nationwide will soon be introducing charges for overseas use on their FlexAccount debit cards, the Guardian suggests that customers who still need to find wasy tp make their overseas spending cheaper look to pre-paid currency cards:

"Another alternative is pre-pay cards. These are a relative newcomer to the travel money scene, but work in the same way as a credit card or debit card, and can be used in most foreign ATMs and shops.

The difference is that you can only spend what you have pre-loaded on the card, so they can be useful for budgeting (and security). Leading pre-pay cards include those issued by Fairfx.com..."

You can read the full article here.

Related articles:
• Holidaymakers face a penalty up to 3% every time they use their credit and debit cards
• Pre-paid currency card may well be the best way to take holiday spending money abroad...
• Outlaw misleading 0% currency commission adverts
• "The FairFX Mastercard is a really good deal"
• Wherever people are in the world they can find out how much cash they have left to spend...
• Bank charges abroad cost £1.8bn
• FairFX launch new currency card
• Cheap Holidays To South Africa
• Brits have been forced to slash their holiday spending
• Should Everyone Start Taking Solvency Tips From Students?

Monday 02 August 2010, 03:45pm

Tags: cash withdrawls, debit cards, guardian, overseas use, press mentions