USD to EURO exchange rate with cash?

806 Views | 7 Replies | Last: 6 yr ago by FHUAggie
Ovalo
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2:54p, 10/15/17
AG
I'll be in Europe next week and instead of using a debit card, I'm thinking of exchanging cash for Euros. What would the premium be for using cash over using a debit card?
TIA.
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drumboy
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5:47p, 10/15/17
AG
I'd think you'd lose some as exchange houses take a cut. I'd get a credit union card with no intl fees and you should get close to the real rate.
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Oak Forest Ag
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7:44a, 10/16/17
AG
Use a credit card. Better exchange rate and less theft issues.
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ThunderCougarFalconBird
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8:30a, 10/16/17
AG
Absolutely use a card wherever you can. To the extent you need euro cash, get your debit card activated for use in the countries you're visiting and then use ATM machines. You'll get a way better exchange rate that way.
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dcAg
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9:44a, 10/17/17
Use a debit or credit cards. You get absolutely slammed with currency exchange.
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Ovalo
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12:44p, 10/17/17
AG
The question is "What is the premium charged for using cash instead of debit?" not which is better. I have always used debit but this has special circumstances.
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MemorialTXAg
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1:45p, 10/17/17
5-20+% depends where you exchange. Airports/exchange places in tourist places are generally the worst. Banks generally better.
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Ovalo
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3:29p, 10/17/17
AG
Thanks Yessir.
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FHUAggie
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7:47p, 10/19/17
Def use a credit card with no foreign transaction fee, and if you have to have cash, just hit an ATM machine.
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