Should I pay in euros or pounds when on holiday?


Should I pay in euros or pounds when on holiday? Yes, it is cheaper to pay in the local currency of the EU. Since your British debit card or credit card is linked to your pound balances, your pounds will need to be converted into euros (the local currency). Your card's network (Mastercard or Visa) will apply their own exchange rate.


When using a debit card abroad should I pay in or in local currency?

Research shows that in most cases you can save by opting to spend in the local currency. For example, that would mean choosing euros in Spain or dollars in the US. When you choose to pay in the currency of the region or country you're visiting, Visa or Mastercard will set the exchange rate.


Can I use my UK debit card in Ireland?

Most US, UK and Australian debit and credit cards should be usable in Ireland. Visa, Mastercard (Cirrus and Maestro) and American Express are all widely accepted. However, you may have a little more trouble using a Diner's Club card, and Discover isn't often accepted in Ireland.


Can you use UK debit card in Europe?

Once you're outside the UK, you can use your Lloyds Bank Visa debit card in the same way you do at home. Whether you're paying for a hotel, a meal, or buying petrol from a garage or a supermarket, you'll have the same security and peace of mind.


Should I buy euros before I go to Spain?

Resist the urge to buy foreign currency before your trip. Some tourists feel like they just have to have euros or British pounds in their pockets when they step off the airplane, but they pay the price in bad stateside exchange rates. Wait until you arrive to withdraw money.


Should you exchange money before going abroad?

When you are traveling to another country, you can exchange some of your money before you leave home. Doing so gives you time to shop around for the best rate. Plus, when you arrive, you won't have to immediately find a bank or currency exchange.


How much euros should I bring for 1 week?

This is so entirely dependent on your own travel preferences that it's tough to estimate but we recommend putting aside roughly €700 to €1700 for spending money for one week in Europe.


What is the 100 euro a day rule?

Under post-Brexit rules, Spanish border officials can ask travellers to show that they have 'economic resources' to cover the cost of their trip. This amounts to €100 for each day of their trip. They must also possess a minimum of €900 for their whole stay.


How much cash should I bring for 2 weeks in Europe?

It all depends on where you're going and what you plan to do during your trip. As you can see from our travel costs table above, some European cities are cheaper or more expensive than others. As a general rule, though, it's a good idea to budget at least $100 a day for your vacation.


Is it better to exchange currency before you leave?

Buy currency before you travel. When you are traveling to another country, you can exchange some of your money before you leave home. Doing so gives you time to shop around for the best rate. Plus, when you arrive, you won't have to immediately find a bank or currency exchange.