Spain Money Saving Tips and Offers

Using your card abroad

We will introduce a commission charge and a cash withdrawal charge for transactions in currencies other than sterling. These will still be among the lowest in the market and will replace the existing 1% fee for transactions made outside the Visa Europe region.

From 1 November 2010 you will be charged the charges shown in the table below when you use your card anywhere abroad (or make payments in currencies other than sterling). These include all charges that we have to pay to other organisations on your behalf.

Charge	Amount	Applies to cash withdrawals	Applies to card purchases (see note 1)
Commission charge for non-UK transactions	2.00% of the transaction amount
Non-UK cash withdrawal charge (as well as the commission charge)	£1 for each withdrawal (see note 2)

Note 1 - This fee also applies if you use your card to buy goods or services in a currency other than sterling on the internet or over the phone.
Note 2 - If you have a cash card+, you cannot use your card to withdraw cash overseas.

Even with these charges our current account products still represent excellent value for transactions carried out in currencies other than sterling. Most of our competitors charge between 2.75% and 2.99% commission and some have a minimum charge which can make small transactions more expensive.

With Nationwide you could save between £15.42 and £21.90 when spending £1,000 on holiday - this is based on you making four separate £50 purchases using your card and eight separate £100 cash withdrawals.

This information comes from the websites of our competitors. All information was correct on 28 June 2010.

We take both the commission charge and the non-UK cash withdrawal charge from your account on the day the transaction is shown on your account. This may not be the same day you carried out the transaction.

The commission and non-UK cash withdrawal charges will be shown separately on your statement to make it possible for you to see the cost of using your account for transactions in other currencies.

Source: Nationwide