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moneys/bank cards

  • Thread starter Thread starter Ali
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Ali

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Our tickets are ready for collection so need to think about spending money. Looking to get a pre-payment cash card, I assume most places accept mastercard?? then we'll have some cash/travellers cheques? I don't know what the done thing is regarding money abroad these days haven't been for a few years. Suggestions would be greatly appreciated thanks.
 
Ali, I would recommend the pre-loaded cash cards, good r/e, safe, you can use it just about anywhere, lift money from the numerous cash machines at no extra cost, and the one we use gives you 1% back! MyTravel card operated by Newcastle BS, there are plenty of others mentioned on this website. I wouldn't bother with TC's, a bit outdated and cumbersome these days.
 
thanks!! would you put the majority of the spending money on the card and say £100 in Euros in cash?
 
Thats what we normlly do and all works out fine.
 
How much are you typically charged for using the ATM's? Also I can't think where they are around the port?
 
All the banks have ATMs, the Eroski on the roundabout has one in the foyer and there are lots more scattered around the Port.:)
 
With Travelex card the ATM withdrawels cost nothing with the post office card 2.50 euro's per withdrawel just remeber if you use these load them with euros and the travelex rate is usually pretty good.
 
thanks for the replies-think I'm to give it a try on our next trip
 
after reading a LOT of bad reviews of the Thomas Cook cash passport I got travellers cheques and cash, just need a heads up on where to find a bank or place to exchange them :) thanks
 
Don't know where you are staying, we used the little shop on cala bot
that hire bikes near pollens park no commission.
Be careful of exchange place on front say no commission
but have service charge.
 
thanks! i'll jot that down, we are staying at Puerto Azul.
 
Ali i seem to remember you said you are staying at the Puerto Azul, they might cash TCs but i don't know. There are banks on C/Formentor, Banco March and Santander are 2 of them, there is a Barclays and a couple of others in C/Juan XX111. You will also find several exchange bureaus around the Port.
 
Exchange Rates w/comm Sept 9th

Just a few details about exchange rates over this past week.
Just got home this evening from a week in PP. Purchases on a Nationwide Visa credit card (NOT cash from an ATM) were charged at between 1.1553 and 1.1604 euros to the £. There were no commission charges. With a Nationwide Visa Debit card we had one withdrawal of cash from an ATM which gave an exchange rate of 1.155 euros to the £. There was an additional 'non UK Commission charge' (on 250 euros) of £4.32 and a 'non-UK withdrawal fee' or £1.00. I think that works out to an effective exchange rate of 1.129 euros to the £.:confused:
The rate for £100 from the Post Office the day we travelled was a miserly 1.09 euros to the £.
Because our current account is with Nationwide, we get free annual travel insurance.
 
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