Debit card with zero cost for payments overseas

[morris26]

Hi all ,

this is pretty much a newbie post for me. I just joined up with premier membership a couple of days ago and have been reading the posts on recommended ways of approaching US bookies. I've been doing matched betting/bonus bagging etc for about 2 years now but nothing like the level of some of the more experienced guys/gals on here (I have turned an 8k profit though over the 2 years.) Anyway, when i was reading the posts on approaching US books it states it is recommeded to have a VIP MB account in $ to save on currency conversion fees (make a 1 off deposit and recycle the $)
I also noticed somewhere a post stating that Nationwide Flexi account is now charging 1 or 2% on overseas transactions. I've just been checking my other bank accounts and have found out that A&L (now Santander) have launched a new account called Zero and it looks like oversears transactions on debit card are free. Existing customers can upgrade so long as they have £10k across any product.
Just thought i would share this piece of info i have just this minute found out as i dont want to take something from this community without giving something back.

Later

Stu

[munk]

Hi morris, welcome to the forum.

Thanks for the info, there is mention of it somewhere although it is a question of searching for it and it's not so obvious perhaps! These threads here cover the kind of thing you're talking about:

The Gambling Times - Threads Tagged with banking
The Gambling Times - Threads Tagged with currency
The Gambling Times - Threads Tagged with forex (not so many on that tag)

I think you added the banking tag, the currency one is also useful, forex slightly but not so much.

From memory this thread is/was quite useful though probably slightly out of date now:

http://www.thegamblingtimes.com/boar...ing-money.html

Cheers.

[doomed]

Here's a possible replacement for Nationwide now that they charge for foreign currency transactions: http://www.thegamblingtimes.com/boar...tml#post252567

[King_Suckerman]

morris - did you get your current account upgraded? any catches?

I'm still using the flex account and the fees are pi55ing me off.

Also have a leaflet from the Post Office - its a credit card with 0% commission on "purchases overseas" which i guess would include deposits/withdrawls to bookies - anyone go any experience with this?

[s0095063]

I work for Santander (formerly A&L) if anyone needs any help regards the zero a/c

[BigPlayer]

Sure, s0095063 thanks

[cleaner]

Also have a leaflet from the Post Office - its a credit card with 0% commission on "purchases overseas" which i guess would include deposits/withdrawls to bookies - anyone go any experience with this?

credit card = big no no
deposits to gambling sites are treated like cash withdrawals

[bold_eagle26]

Sorry a bit off topic but does anyone know if there is a cash advance charge for uploading funds to moneybookers using a credit card?

[stantheman]

Bold your avatar does strange things to me......

[nixonite]

credit card = big no no
deposits to gambling sites are treated like cash withdrawals

Some don't. It depends on the card I think.