By Martin Lewis, November 11, 2010
Do you have a Nationwide debit card for the fee-free foreign transactions? It's time to dump it.
This month a raft of fees have been added so it's no longer cheap. Yet you can still spend cheaply abroad, getting the best exchange rate, by using a specialist overseas-spend credit card. Just ensure you repay the balance off in full every month.
Most cards add a hidden 2.75 per cent 'load' to exchange rates. Yet the Halifax Clarity is load -free worldwide and has no ATM withdrawal charge - though you pay 12.9 per cent APR on the cash withdrawn, even if you repay the balance in full.