Current Account Switching – Debit Card Charges Abroad

 Overseas debit card charges for PURCHASESOverseas debit card charges for ATM CASH withdrawalsScenario A
Family Holiday
6 cash withdrawals @ £150
20 Purchases total £1300
Total spend £2200 (currency equivalent) cost of charges =
Scenario B
City Break
3 cash withdrawals @ £100
6 Purchases total £350
Total spend £650 (currency equivalent)
cost of charges =
Metro Bank (Personal Current account)No chargeNo charge£0.00£0.00
Norwich & Peterborough BS (Gold Classic)No chargeNo charge£0.00£0.00
Nationwide BS (FlexAccount)2.00% non-sterling transaction fee2.00% non-sterling transaction fee plus £1 non-sterling cash fee£50.00 £16.00
Post Office (Standard Account)2.75% non-sterling transaction fee2.75% non-sterling transaction fee plus £1.50 non-sterling cash fee£69.50 £22.38
First Direct (1st Account)2.75% exchange rate adjustment2.75% exchange rate adjustment plus non-sterling cash fee of 2% (min £1.75 max £5.00)£78.50 £23.88
HSBC (Bank Account)2.75% exchange rate adjustment2.75% exchange rate adjustment plus non-sterling cash fee of 2% (min £1.75 max £5.00)£78.50£23.88
The Co-operative Bank (Current Account Plus)2.75% non-sterling transaction fee2.75% non-sterling transaction fee plus 2% withdrawal fee (min £2)£78.50£23.88
NatWest (Select Account)2.75% Foreign Purchase Fee (min £1)2.75% non-sterling transaction fee plus foreign cash fee of 2.00% (min £2 and max £5.00)£78.50£23.88
Royal Bank of Scotland (Select)2.75% Foreign Purchase Fee (min £1)2.75% non-sterling transaction fee plus foreign cash fee of 2.00% (min £2 and max £5.00)£78.50£23.88
Barclays (Bank Account)2.99% non-sterling transaction fee2.99% non-sterling transaction fee plus £1.50 non-sterling cash fee (not at Barclays ATM)£74.78 £23.94
Santander (123 Current Account)**2.75% currency conversion fee plus £1.25 per purchase2.75% currency conversion fee plus cash withdrawal fee 1.50% (min £1.99)£99.00 £23.85
Bank of Scotland (Classic)2.99% non-sterling transaction fee plus £1 non-sterling purchase fee2.99% non-sterling transaction fee plus foreign cash fee of 1.5% (min £2 and max £4.50)£99.28 £31.44
Lloyds TSB (Classic)2.99% non-sterling transaction fee plus £1 non-sterling purchase fee2.99% non-sterling transaction fee plus foreign cash fee of 1.5% (min £2 and max £4.50)£99.28£31.44
Halifax (Reward)2.75% non-sterling transaction fee plus £1.50 non-sterling purchase fee2.75% non-sterling transaction fee plus £1.50 non-sterling cash fee£99.50 £31.38

 

*** monthly charge of £2 for this account (but cashback paid on some direct debits)

Research via provider websites by Moneycomms 29.07.2013

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