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Is it cheaper to pay by card for everythinrather than get money out at ATM in Iceland

  • 10-11-2018 3:58pm
    #1
    thebourke
    Registered Users Posts: 1,331 ✭✭✭


    I was in Iceland for 5 days. I used my ATM at the ATM machine and was charged the following
    2.0% charge
    1.5%ERTF charge
    in total 3.5 % charge

    Would it have been cheaper for me to use my ATM visa debit for paying for everything such as food/tours/clothes rather than getting money out at the ATM machine?


Comments

  • #2
    cnocbui
    Registered Users, Registered Users 2 Posts: 20,093 ✭✭✭✭cnocbui


    Depends on your bank. I am with AIB, so I take out the max €600 from an ATM and then pay for everything possible with cash.


  • #3
    Truckermal
    Registered Users, Registered Users 2 Posts: 6,047 ✭✭✭Truckermal


    If you are with PTSB it will be cheaper to use your card for everything.


  • #4
    thebourke
    Registered Users Posts: 1,331 ✭✭✭thebourke


    i am with ulster bank


  • #5
    Delta2113
    Registered Users, Registered Users 2 Posts: 2,736 ✭✭✭Delta2113


    Get Revolut -no brainer!


  • #6
    vicwatson
    Registered Users, Registered Users 2 Posts: 28,404 ✭✭✭✭vicwatson


    Truckermal wrote: »
    If you are with PTSB it will be cheaper to use your card for everything.

    What are their charges for cash withdrawals anyone know?


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