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STG credit card, should I be charged in Euro or Stg?

  • 17-02-2020 8:29pm
    #1
    Registered Users, Registered Users 2 Posts: 34,694 ✭✭✭✭


    I have a UK credit card that has no fees for using in the eurozone.

    Sometimes when I use it in ROI I get asked do I want to be charged in stg or euro.

    Does anyone know what option I should choose? What would be the best interms of cost?


Comments

  • Registered Users, Registered Users 2 Posts: 1,663 ✭✭✭wench


    The best plan is usually get charged in the local currency, and let your bank do the conversion back to sterling.


  • Registered Users, Registered Users 2 Posts: 84,762 ✭✭✭✭Atlantic Dawn
    M


    Always charge in the local currency or you will get a terrible rate on your home currency.


  • Registered Users, Registered Users 2 Posts: 34,694 ✭✭✭✭NIMAN


    Thanks all.


  • Registered Users, Registered Users 2 Posts: 34,694 ✭✭✭✭NIMAN


    Always charge in the local currency or you will get a terrible rate on your home currency.

    As an update, I had reason to pay €800 the other day.

    The terminal in the retailers showed it as £698. I took option to pay in Euro.

    It appeared on my card today as £667. So a saving of £31 with the advice on here.
    Cheers!


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