Using a credit card abroad (2024)

How fees work in practice

The exchange rate used below is for illustrative purposes only. We also assume that you convert the currency from euros to sterling. Depending on the provider you choose to convert your currency, there may be an additional charge added and they may use a different exchange rate, which could cost you more.

A card purchase of €100 with a credit card

Original transaction€100
Payment scheme exchange rate1.113654
Conversion to pounds£89.79
Foreign exchange fee£2.65 (2.95%)
Cash withdrawal feeN/A
Final statement amount£92.44

A cash withdrawal of €100 with a credit card

Original transaction€100
Payment scheme exchange rate1.113654
Conversion to pounds£89.79
Foreign exchange fee£2.65 (2.95%)
Cash withdrawal fee£4.49 (5%)
Final statement amount£96.93
Using a credit card abroad (2024)
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