Withdrawing Euros

[green_spork]

I am currently planning on using my Revolut or Chase debit card for most of my spending, however I always like to have a few Euros as a back up!

Looking at the current rates, if pre booked & collected, they are lower than the exchange rates offered by the cards mentioned!

I would be interested in hearing what rate most people are currently getting from some of the Spanish cash machines?

 

[C clearly]

A tag "money/banking/budget" has been added at the top of this thread under the title. If you haven't already seen those threads, you might find some helpful discussion there, while you wait for more replies.

 

[hawkeyepierce]

I’m guessing you’re an American if you’re using Chase.

Best approach is to get one of the various debit cards on the market that refund third-party ATM fees and don’t charge foreign transaction fees, like Schwab. That way you get the interbank currency rate which is as good as it gets.

 

[pjacobi]

The *most* expensive way to get cash is via a credit card! Most credit cards have huge fees and charge interest immediately for cash.

Use a bank ATM card.


-Paul

 

[Former member 102963]

The *most* expensive way to get cash is via a credit card! Most credit cards have huge fees and charge interest immediately for cash.

Use a bank ATM card.


-Paul

Assuming you a from USA, the USD/EUR
rate is at parity so you have never had it so good. Well not for a hell of a long time. So enjoy it. Get the right ‘feeless’ ATM card and you are home and dry!

Although in theory the Spanish inflation rate will ‘eat’ a lot of this up!

 

[concepcion122]

Where do you get the feeless ATM card? I'm in Canada, heading to Spain next week.

 

[trecile]

Where do you get the feeless ATM card? I'm in Canada, heading to Spain next week.

I don't know if any Canadian banks offer no ATM fee cards. Try Googling something like "best Canadian debit cards for international travel."