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spending money in uk

spending money in uk

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Old Jan 23rd 2011, 7:57 am
  #1  
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Default spending money in uk

I am going back to uk in june for a few weeks and was wondering was is the best way to have spending money over there in that i have a uk bank account and transfer some over and get a new efpos card to take or just use my australian card and use that at the cash points.
or can anyone think of a cheaper/ better way thanks Paul
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Old Jan 23rd 2011, 8:12 am
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Default Re: spending money in uk

I do both. I put some into my UK account and use the debit card for cash stuff and the occasional bigger purchase, all depending on what the balance is and then I use the Aus credit cards (with associated FF benefits) for the bigger items. Usually works out OK especially now that I have a son who will put pounds into my account if I put some dollars somewhere for him - like his savings account.
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Old Jan 23rd 2011, 8:19 am
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Default Re: spending money in uk

Change a huge wadge of cash before you go and stick it down yer trousers for safe keeping.....
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Old Jan 23rd 2011, 8:43 am
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Default Re: spending money in uk

Originally Posted by rangersman2
I am going back to uk in june for a few weeks and was wondering was is the best way to have spending money over there in that i have a uk bank account and transfer some over and get a new efpos card to take or just use my australian card and use that at the cash points.
or can anyone think of a cheaper/ better way thanks Paul
Who do you bank with?

I have an NAB gold account and overseas ATM withdrawals are free. Plus, the rate you get is very, very close to the mid-market 'real' exchange rate.
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Old Jan 23rd 2011, 8:50 am
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Default Re: spending money in uk

I used a travel money card. Bought mine from the ANZ as it seemed the better rate at the time. It was free to use at the checkouts, and cost me $1.50 for getting cash out of the machine (which I only did once, and that was to get the rest of the cash off the card to give to my son)

The card itself cost me $11 and I got a pretty good exchange rate from them.

Bear in mind though, I don't have a UK bank account as I closed them all when I left.
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Old Jan 23rd 2011, 8:54 am
  #6  
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Default Re: spending money in uk

I still have a UK Barclaycard so use that when I'm away and then repay it in full when I get the statement using Xe.com

I therefore have no bank fees and a good exchange rate when I make the one payment.
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