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Best way to get cash in UK??

Posted on 9/22/16 at 5:48 pm
Posted by pensacola
pensacola
Member since Sep 2005
4627 posts
Posted on 9/22/16 at 5:48 pm
What is the easiest and least expensive way to get cash in the U.K. from and ATM? I know some charge as much as 5% plus a currency exchange fee plus a local transaction fee. Are there any credit cards that don't charge huge fees? Amex, Chase, Citi, PayPal?
Posted by tduecen
Member since Nov 2006
161244 posts
Posted on 9/22/16 at 5:55 pm to
ATM... Card with no fees for cash advance?
Posted by hiltacular
NYC
Member since Jan 2011
19667 posts
Posted on 9/22/16 at 8:20 pm to
You are overthinking this. Take money out of arm, pay the minimal atm fee and whatever your bank charges you for a non-bank atm fee and move on.
Posted by BhamDore
Nashville
Member since Aug 2009
6283 posts
Posted on 9/22/16 at 9:43 pm to
Amex has no foreign transaction fees on purchases. For cash you are going to have to pay. If you don't need very much cash then just suck it up and pay.

Posted by Twenty 49
Shreveport
Member since Jun 2014
18732 posts
Posted on 9/22/16 at 10:03 pm to
Use your debit/ATM card to withdraw money from your bank account. It seems weird to put your card in and have it spit out foreign cash from your American account, but it works,

There may be a fee just like when you use a machine here, but it will be much less than getting a cash advance on a credit card from the same machine.
Posted by 62Tigerfan
Member since Sep 2015
4616 posts
Posted on 9/23/16 at 7:08 pm to
Just like traveling in the U.S. Use a credit card to pay for whatever you can (hotels, restaurants, shops, etc) and use the cash (obtained from bank ATMs in the UK using your debit card) for small incidental expenses. Notify all of your card issuers of your travel plans before leaving. On a two week trip, I usually visit an ATM twice (first at the airport upon arrival and again during the trip). Spend all the cash before your return. Don't bring US dollars to exchange- you'll pay through the nose.
This post was edited on 9/23/16 at 7:11 pm
Posted by Twenty 49
Shreveport
Member since Jun 2014
18732 posts
Posted on 9/24/16 at 6:45 am to
quote:

Notify all of your card issuers of your travel plans before leaving.


Good tip. Most now let you place a travel alert via your online account.
Posted by HoustonGumbeauxGuy
Member since Jul 2011
29472 posts
Posted on 9/24/16 at 7:25 am to
quote:

best way to get cash in UK


Ski mask + gun

Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
65533 posts
Posted on 9/25/16 at 9:41 am to
Capital One charges zero transaction fees on foreign cash withdrawals.

The ATM you use in the UK will charge you an out of their system fee of about $2 to $4 dollars.

Good tip (above) about calling beforehand the card issuer to tell them of your foreign travel plans.

I always come back with some foreign currency and coins, I've got about 10 different ziplock baggies with varying countries' money in them. I'm not going to run out trying to pay a departure fee at a foreign airport.
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