Fuerteventura Forum

General Chit Chat & Queries - no commercial links => Money, Currency & Banks etc. => Topic started by: bridlife on August 06, 2015, 07:39:56 AM

Title: Euro or Pound
Post by: bridlife on August 06, 2015, 07:39:56 AM
When you are in the shops, and you use a uk credit card. When the machine asks do you want charging in euros or GBP, which is the best.
Title: Re: Euro or Pound
Post by: lionfish on August 06, 2015, 08:13:50 AM
Pay in Euros as your bank in UK will almost certainly offer a better exchange rate.
Title: Re: Euro or Pound
Post by: decho on August 06, 2015, 09:07:04 AM
Defo Euros!
Title: Re: Euro or Pound
Post by: stevekguy on March 21, 2016, 11:02:46 AM
Better still, buy one of those Euro currency cards from the supermarket before you come! Before I had a local bank account I had the Sainsburys one - no charge for purchases or cash withdrawals
Title: Re: Euro or Pound
Post by: ashworth on July 19, 2016, 10:23:57 AM
1.206 Euro to £1 out of Solbank cash machine yesterday slightly better but well off the 1.42 last year.
Title: Re: Euro or Pound
Post by: ashworth on July 30, 2016, 07:39:44 AM
£1= Euro1.19 yesterday out of cash machine in Atlantico centre.
Title: Re: Euro or Pound
Post by: Windermeregolfer on July 30, 2016, 09:00:52 AM
Quote from: ashworth on July 30, 2016, 07:39:44 AM
£1= Euro1.19 yesterday out of cash machine in Atlantico centre.

Not bad, question though, what sort of card were you using and is there not a fee at the other end?
Title: Re: Euro or Pound
Post by: PHo on August 01, 2016, 14:11:58 PM
We took two lots of 300 euros from a Bankia machine at the same time  last week with two Nationwide debit cards, and as an experiment, asked for one transaction in sterling (ie without conversion) and the other in euros. It cost just over a pound more with conversion, so no difference really. It may even be the other way around with other UK bank cards. Don't agree to conversion in shops and restaurants, however, as some will use their own rate and really rip you off.
Title: Re: Euro or Pound
Post by: ashworth on August 06, 2016, 08:21:56 AM
Quote from: Windermeregolfer on July 30, 2016, 09:00:52 AM
Quote from: ashworth on July 30, 2016, 07:39:44 AM
£1= Euro1.19 yesterday out of cash machine in Atlantico centre.

Not bad, question though, what sort of card were you using and is there not a fee at the other end?

Halifax credit card. You get the Mastercard rate with no charges and no interest as long as you dont go overdrawn. Thursday  I got 1.196 to £. I don't think we will see that again for a while.