How to withdraw money abroad without charges?

Generally speaking, a debit card or prepaid travel card is the best way to withdraw cash abroad, as long as you choose one that doesn't charge fees for doing so.

What is the cheapest way to withdraw money abroad?

To avoid high fees when withdrawing cash abroad, try to use ATMs from well-known banks, as they usually offer better rates and lower fees. Limit how often you withdraw cash to save on fees. You should also check if your bank has partnerships with international banks, as some offer cheaper or free withdrawals.

Is it better to withdraw cash or use a debit card abroad?

Use the debit card to get cash at an ATM for local purchases or establishments that don't accept credit cards and get local currency, not dollars, the exchange rate is better. Use the credit card at every opportunity where it is accepted, it's more secure and you can use it up to your credit limit.

Which UK banks do not charge international ATM fees?

Starling Bank, Monzo, and first direct are some of the top UK banks with no foreign transaction fees. There are alternative providers in the UK that offer low-fee international spending with additional benefits like no-markup exchange rates.

How do I avoid international withdrawal fees?

The Best Way to Get Foreign Currency When Traveling Abroad

Which bank has no international ATM fees?

Schwab offers unlimited fee reimbursement at ATMs worldwide and no monthly or foreign transaction fees, giving you a convenient way to withdraw money or make purchases whether you're traveling domestically or internationally.

Is Monzo or Revolut better abroad?

Choosing between a Revolut and Monzo account comes down to the features you want to better manage your money. Both are expanding their offerings for 2025, but if you want an account with international payment features and investment and savings options, then explore Revolut's plans.

Which bank has 0 international transaction fees?

The Macquarie Transaction Account and debit card has no account keeping fees, no international ATM fees and pays a refund on any local ATM fees charged. Plus, you can earn a high interest rate of 2% on balances up to $250,000 in your account without needing to meet any conditions.

Is Revolut free to use abroad?

Revolut is a good option for spending abroad because they don't charge any fees for foreign transactions. You can enjoy your travels without worrying about extra expenses. Keep in mind that merchants can add their own charges at any time, but they're not defined by Revolut.

What is the best way to take euros on holiday?

Prepaid currency card

Prepaid currency or travel cards are the modern version of travellers' cheques – and arguably the safest way to carry money abroad. Before you travel, you can load your prepaid currency card with local currency so you can withdraw cash from an ATM on holiday.

What are the disadvantages of using a debit card abroad?

Is Monzo free to use abroad?

Are there any fees associated with using Monzo abroad? You can pay anywhere in any currency using your Monzo card, fee-free. We pass Mastercard's exchange rate directly onto you, without sneaky fees or extra charges.

Should I tell my bank I'm going abroad?

It's not essential, but it helps our fraud detection systems to know in advance that you're travelling abroad. Find out how to get it at How do I get the mobile banking app?

Can I use my debit card to withdraw cash abroad?

One of the forms of payment you bring with you abroad will likely be your home bank ATM/debit card. It provides a convienient way to withdraw money from your home bank account while you are aborad. Be sure to talk to your bank before you leave and let them know you will be abroad and plan to use the card.

What is the cheapest way to get euros in the UK?

The cheapest way to buy Euros is often to exchange your currency at a competitive rate through a trusted provider, like Asda Travel Money.

How can I avoid debit card fees abroad?

Spending abroad using your debit card linked to a Travel account or a packaged bank account could be a good option. We can also get you some travel money before you go for your trip. If you are looking to spend fee-free* on purchases anywhere in the world - a packaged account might suit you.

Which Barclays card is free to use abroad without?

Your Barclaycard Rewards card at a glance

You'll be able to spend and withdraw cash from a cash machine abroad without any charges, and you'll get VISA's competitive exchange rate.

Is Chase or Monzo better for abroad?

Chase and Monzo are the same when it comes to using their respective cards to make purchases abroad – neither charges a fee. Plus they both use the competitive Mastercard exchange rate for foreign transactions.

Which banks don't charge for withdrawing money abroad?

TSB, Bank of Scotland, Lloyds and Halifax all offer premium current accounts, which are fee-free to spend and withdraw from abroad but which charge a flat monthly fee instead.

How to avoid ATM fees overseas?

What is the downside of Revolut?

Conclusion: Is Revolut a good choice for you? However, one of the downsides of Revolut is the weekend exchange rate markup, which can be inconvenient. On top of their own exchange rate, Revolut charges customers a 1% fee for currency conversion during the weekend.

Which is better, Monzo or Revolut?

If you require a straightforward banking experience with effective budgeting tools, Monzo is ideal. If your focus is on broader financial services including investments and currency exchange, Revolut may be the better choice.

How much does Revolut charge for ATM withdrawal?

A 2% fee (of the total amount withdrawn) applies for every ATM withdrawal.