Nationwide Account information

hannah-antrim


Joined: 12/08/2008
Posts: 42

Message Posted:
16/05/2009 21:18

So that I dont have to take a lot of cash with me, in 3 weeks time, I open nationwide account, to day I received my visa debit card. I am aware that nationwide wont charge me for taking money from a cash machine in Kyrenia however will the bank that I take the money from charge me . If so, does anyone know what the charge is??

Also do I have the same protection from a visa debit card as a visa credit card??? I am sure someone will have the answers I need i Hope???



Just for information for any 1 go to NC soon I have just booked a car with Bird car hire (ford fiesta) £150 for 10 days all in. Pick up at ercan and return ercan



many thanks everyone



Hannah

trishyj


Joined: 07/08/2008
Posts: 77

Message Posted:
16/05/2009 21:20

I think Nationwide have changed this recently and there is now a charge. You need to check it out with them directly.

Woodspeckie


Joined: 25/01/2009
Posts: 2263

Message Posted:
16/05/2009 21:26

No charges Northern Cyprus or Turkey, I have checked this out with Nationwide. Banks don't charge you, I got GB money from HSBC cash machine then went to Exchange for TL, got a better rate than the bank.

sienna


Joined: 09/01/2009
Posts: 1627

Message Posted:
16/05/2009 21:29

use Nationwide card all the time very good and agree exchange rate also saves acrrying cash everywhere

Navek



Joined: 01/06/2008
Posts: 2656

Message Posted:
16/05/2009 22:59

Hi hannah-antrim,



To the best of my knowledge,



Nationwide will be charging for foreign currency withdrawals abroad as of 1st July 2009.

But not for Sterling withdrawals abroad.



But check with your local branch before you leave.



Navek

sienna


Joined: 09/01/2009
Posts: 1627

Message Posted:
16/05/2009 23:09

not in North Cyprus as I understand it

Woodspeckie


Joined: 25/01/2009
Posts: 2263

Message Posted:
16/05/2009 23:18

Navek. As I have already said I have checked out with Nationwide charges not applicable in Turkey or North Cyprus.

basil


Joined: 10/04/2009
Posts: 168

Message Posted:
17/05/2009 00:26

Nationwide have recently reviewed their poilcy and now pass on the Visa card charge (about 1%) when you draw cash from a hole in the wall in TRNC.

1% isn't a great problem, and it's still competitive.

millzer


Joined: 12/04/2007
Posts: 978

Message Posted:
17/05/2009 00:36

For gawds sake Woodspeckie has already said twice that charges do not apply in the TRNC!!! Nationwide will be passing on the visa charge to countires outside of the visa europe region. TRNC and as far as I am aware, Turkey are classed as within the visa europe region. Below is from Nationwide website



When you are withdrawing cash from an ATM abroad you will be given the cash in the local currency. The transaction will be converted to sterling on the date the transaction is debited from your account, at the rate of exchange applied by VISA. For more information you can view the Visa website. Please note, Nationwide are not responsible for the content or accuracy of third party websites.



Both the VISA and DELTA logos are shown on the FlexAccount debit card and cash can be withdrawn from any ATM, bank or building society which display these logos.



The Visa charge will apply to cash withdrawals made outside of the Visa Europe region.





to be cont'd

millzer


Joined: 12/04/2007
Posts: 978

Message Posted:
17/05/2009 00:37

Cont'd



Using your FlexAccount debit card or credit card to make purchases abroad



When using your card to make purchases abroad, retailers may offer you the opportunity to pay in the local currency or sterling. If you pay in sterling, commission is normally charged on the transaction by the retailer. In countries in the Visa Europe region, we would recommend that the transaction is processed in the local currency as the Visa charge does not apply. However, in those countries where the Visa fee is applicable, we are unable to make a recommendation as we are not able to confirm what commission charges are applied by the retailer.



I hope this helps Hannah.

millzer


Joined: 12/04/2007
Posts: 978

Message Posted:
17/05/2009 00:48

cont'd;



Link to nationwide page is here; http://www.nationwide.co.uk/search/DisplayArticle.aspx?article=1259



If you click on the 'visa charge' link in the Nationwide link above this takes you to the 'foreign transactions' page which gives a list of those countries where no charge applies. Scroll down a-z list of countries and you will see Turkey = no fee charged.



I hope this clarifies things for you

Lilli



Joined: 21/07/2008
Posts: 13081

Message Posted:
17/05/2009 01:04

Hi I think you have to still notify your bank you are coming here otherwise you may have troublexxxxxxxxx

millzer


Joined: 12/04/2007
Posts: 978

Message Posted:
17/05/2009 01:40

No you don't Lilli, at least not with Nationwide you don't

hannah-antrim


Joined: 12/08/2008
Posts: 42

Message Posted:
18/05/2009 19:10

Thanks to all who replied. It is good to know I will not be charged.



Thanks Hannah