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Any thoughts on this? Any good or is a Nationwide Credit/Debit card still the best option when travelling in Europe and the US?American Express Travellers Cheque Card
May 20, 2005
2 Replies
Actually I think I have already found the answer. From the T&Cs
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under the "Applying for the Card" section: "Currently, the conversion rate we use for initial loads and Reloads is 4% above the Amex Foreign Exchange ("FX") rate for those two currencies at the time of such conversion."
Hmmm ... 4%, no thanks!
yeah, I'd heard they were ironicly one of the worst for shopping abroad. I guess since they spend a fortune on branding they're not going to throw it all away...better to rely on the fact that 90% of financial services consumers pay no attention to what they're buying (cause they don't realise they're buying a service)
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