The (new) credit cards from Post Office for US $ and sterling are excellent. they are issued in the currency you require, at the rate on the day so you know exactly how much foreign currency you have. There is no charge for uploading the card and no commission. ATM charges of $2.50 when you withdraw cash, no charges when used at a point of sale. There is a Government levy anually but it is much lower than the charge on a regular credit card
Agreed on the FX margin !
.. don't be fooled by commission free / no ATM fees etc. .. If they have all this but then are still only giving you say $1.25 or less to the euro then you're being ripped off ( The true rate is about $1.35 today - with a 2% spread then you'd expect to get around $1.32 if you use your credit card in the US today)
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