Credit Card Exchange Rates

I have a Barclaycard credit card and a Halifax credit card. I recently decided to experiment to try to find out how much it cost to use them abroad to withdraw cash from and ATM. I might be crasy, but I wanted to know! both cards have particular offers that means your don’t get charged as much as most cards do to withdraw cash. I did a cash withdrawl of €50 from an ATM on both cards on the same day. Anyway on with the results:

Card Money Withdrawn Cost on Bill Overall Rate Historical rate from Historical rate from issuer Rate difference
Barclaycard (Visa) €50 £42.37 (including £1.23 transaction fee) 1.1801 1.2177 1.2225 -0.0424
Halifax (Mastercard) €50 £40.95 1.2210 1.2177 1.2251 -0.0041

As I expected my Halifax was better!


Computer enthusiast and sysadmin