Credit/Debit Cards and "Foreign" transactions
Posted by: Paul Hutchings on 11 September 2005
Just a word of warning, I noticed today that my bank (Lloyds TSB) now not only charge a percentage of the amount of a foreign transaction, but they also charge £1 per foreign transaction.
This meaning that anything that I buy online that is paid for in a currency other than gbp will cost me a quid more - not the end of the world until you add up all the small transactions like $3 a month for a usenet provider etc.
Thought I'd mention it as other people may not be aware and may get caught out, I'm not sure how long they've been doing it, I do check my bank statements but tend to do a quick scan of largeish amounts rather than scrutinising every quid that shows up.
I think I shall be using my Amex wherever possible from now on!
regards
Paul
This meaning that anything that I buy online that is paid for in a currency other than gbp will cost me a quid more - not the end of the world until you add up all the small transactions like $3 a month for a usenet provider etc.
Thought I'd mention it as other people may not be aware and may get caught out, I'm not sure how long they've been doing it, I do check my bank statements but tend to do a quick scan of largeish amounts rather than scrutinising every quid that shows up.
I think I shall be using my Amex wherever possible from now on!
regards
Paul