[fendale]

If you shop around in the UK for a credit card, you will get one with zero fees and an excellent exchange rate on foreign currency transactions.

I use the Halifax Clarity card and I believe The Nationwide and the Post Office do a good card too.

I'd never use a Debit Card for foreign currency transactions though, they always seem to have fees involved.

[Osmium]

> I'd never use a Debit Card for foreign currency transactions though, they always seem to have fees involved.

Nationwide used to have commission-free cash withdrawals on their debit cards abroad, but I think it was abused by people who had second homes in other countries so withdrawn a year or two ago. I believe they still offer a commission-free credit card though.

[bryanlarsen]

My impression was that the banks made a lot more money from the spread than they did from the commission, so I kind of find that surprising. In Canada it's easy to find commission-free cards. The spread is a hidden fee though, so the banks have hiked that up several times.