Euros - Prepaid card or cash

Euros - Prepaid card or cash

Author
Discussion

bobski1

Original Poster:

1,840 posts

110 months

Tuesday 8th August 2023
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Away for 6 nights with the family and only breakfast is included with the hotel. Was aiming for about £600, which converts to about 680 Euros. I've always done cash for weekends away or had all inclusive so not had to deal with this amount of cash.

Also never done a prepaid debit card so looking for advice on what is best?

Will have a hire which I plan to prepay for but will need to fill it up at the end, other than that should only be meal and experiences to pay for.

MB140

4,289 posts

109 months

Tuesday 8th August 2023
quotequote all
Open a Monzo or Revolut online bank account..(download from Apple or android store on your phone.)

Transfer money from your normal account into the desired online account you have chosen to use.

Both have free cash withdrawals and better exchange rates.

Just do your research to make sure which ever account you choose to open meets the needs that you are going to have.

blingybongy

3,941 posts

152 months

Tuesday 8th August 2023
quotequote all
MB140 said:
Open a Monzo or Revolut online bank account..(download from Apple or android store on your phone.)

Transfer money from your normal account into the desired online account you have chosen to use.

Both have free cash withdrawals and better exchange rates.

Just do your research to make sure which ever account you choose to open meets the needs that you are going to have.
Or Chase
Or Starling
Or Kroo

the-norseman

13,195 posts

177 months

Tuesday 8th August 2023
quotequote all
As above just open one of them accounts, I have Monzo and Metro, used both abroad no issues at all.

bobski1

Original Poster:

1,840 posts

110 months

Tuesday 8th August 2023
quotequote all
its a bit late but the Monzo is online but offers a debit card? I assume around Italy Venice/Lake Garda will be lots of card options rather than cash only but if its free cash withdrawals then what does it matter

LuS1fer

41,535 posts

251 months

Tuesday 8th August 2023
quotequote all
Some bars still like cash so handy to have it when cash withdrawals can charge you punitive fees.

I have a Chase account. Pay in £500 in a month and get 1% cashback and use the card anywhere, no fees, straight bank conversion rates for whatever currency.

Current account also pays 1% interest and the savings account 3.8, soon to be 4.1% so easy to keep money in savings and transfer it to current in seconds.

Mick Dastardly

171 posts

30 months

Wednesday 9th August 2023
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I’m abroad at the minute and I’ve used my Halifax Clarity card for everything.

No fees, accepted everywhere via Apple Pay. It just works.

sherman

13,727 posts

221 months

Wednesday 9th August 2023
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I usually take enough cash for at least the first few days/week.
If need be one or 2 large cash transactions will minimise fees at the atm for longer stays.

I take my normal bank cards too. Just tell them when and which country you are going to. Im with RBS. You just do it on the app.

I usually take €200/300 out with me per day depending on where we are going etc and top up when back at the hotel for the next day. Keep the rest in the room safe or secrected in the suitcase somewhere with the passports.
Never been a problem.

ridds

8,279 posts

250 months

Wednesday 9th August 2023
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€100 Cash for those places that don't take cards for the first couple of days.

Then a Credit Card with zero foreign transaction fees and that tracks the VISA/Mastercard exchange rate. Gives you protection if it gets stolen / you get skimmed. You won't have that on a Prepay.

Post Office used to do a Credit Card free of fees (now JAJA) not sure if any others do these days.

Phooey

12,769 posts

175 months

Wednesday 9th August 2023
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I've just done this. In the end I opened a Chase account - very simple to do and the option to add a 'virtual' card to Apple Pay. I believe there is no limit on Apple Pay (Chase) so if your physical card doesn't arrive in time it's not the end of the world. It all seems simple and once you've read the instructions it's quite self-explanatory.

If you bank with HSBC you could look at Global Money - https://www.hsbc.co.uk/current-accounts/products/g...

dontlookdown

1,914 posts

99 months

Wednesday 9th August 2023
quotequote all
Mick Dastardly said:
I’m abroad at the minute and I’ve used my Halifax Clarity card for everything.

No fees, accepted everywhere via Apple Pay. It just works.
This is what I do.

Also have a Revolut card as a back up, and so I can easily transfer money to my daughter's Revolut account when required.

Both work well and are widely accepted,, but Clarity is slightly cheaper than Revolut on currency conversion. The basic Revolut card also charges for cash withdrawals at the weekend. Clarity is free all the time.

Alex Z

1,421 posts

82 months

Wednesday 9th August 2023
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I’ve always taken a couple of hundred euros in cash for smaller purchases or places that don’t do cards then everything else on a Halifax credit card, but now my Santander current account does fee-free transactions abroad too.

Ziplobb

1,402 posts

290 months

Wednesday 9th August 2023
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£600 in euros ? cash on the hip always

durbster

10,637 posts

228 months

Wednesday 9th August 2023
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I would (and recently did) get a credit card that has no charges when abroad. I've just had a couple of weeks driving around Europe including a stay in Lake Garda and used a Halifax Clarity for pretty much everything.

Nationwide, First Direct, Starling and a load of other current accounts don't charge on foreign transactions either.

I can't see any reason to risk carrying a big pile of cash with you these days, especially in Europe. You can pay on card for pretty much everything and if you ever do need cash when you're there, just go to an ATM.

bad company

19,369 posts

272 months

Wednesday 9th August 2023
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I’m off to Germany in a few weeks. I know it’s still very much a cash driven country so wondering how much to take.

I thought I could use my Revolut card to get cash from the German ATMs but apparently that’s restricted to £200 per month unless you pay their fees.

Is there a better way?

dontlookdown

1,914 posts

99 months

Wednesday 9th August 2023
quotequote all
bad company said:
I’m off to Germany in a few weeks. I know it’s still very much a cash driven country so wondering how much to take.

I thought I could use my Revolut card to get cash from the German ATMs but apparently that’s restricted to £200 per month unless you pay their fees.

Is there a better way?
Clarity credit card. No fees on cash withdrawals or currency exchange. Spend up to your credit limit. Free so long as you pay off the full balance every month.

Mammasaid

4,197 posts

103 months

bad company

19,369 posts

272 months

Wednesday 9th August 2023
quotequote all
dontlookdown said:
bad company said:
I’m off to Germany in a few weeks. I know it’s still very much a cash driven country so wondering how much to take.

I thought I could use my Revolut card to get cash from the German ATMs but apparently that’s restricted to £200 per month unless you pay their fees.

Is there a better way?
Clarity credit card. No fees on cash withdrawals or currency exchange. Spend up to your credit limit. Free so long as you pay off the full balance every month.
Yes, I already have one of those but Germany is very cash orientated still, a lot of shops, cafes & bars are cash only. I need to be able to get money from the ATM.

Old Merc

3,541 posts

173 months

Wednesday 9th August 2023
quotequote all
bad company said:
dontlookdown said:
bad company said:
I’m off to Germany in a few weeks. I know it’s still very much a cash driven country so wondering how much to take.

I thought I could use my Revolut card to get cash from the German ATMs but apparently that’s restricted to £200 per month unless you pay their fees.

Is there a better way?
Clarity credit card. No fees on cash withdrawals or currency exchange. Spend up to your credit limit. Free so long as you pay off the full balance every month.
Yes, I already have one of those but Germany is very cash orientated still, a lot of shops, cafes & bars are cash only. I need to be able to get money from the ATM.
When I go to Germany I take enough euros with me, get them online from Eurochange etc. When we go out I leave my wallet in the room safe and take just enough cash for the evening. Hotel, hire car etc paid with credit card of course.



Edited by Old Merc on Wednesday 9th August 09:45

dontlookdown

1,914 posts

99 months

Wednesday 9th August 2023
quotequote all
bad company said:
Yes, I already have one of those but Germany is very cash orientated still, a lot of shops, cafes & bars are cash only. I need to be able to get money from the ATM.
You can use your clarity card to get cash from an ATM. No fee, just the same MasterCard exchange rate you pay on card purchases .