Fintech FX Rates

Financial Chat
1

I’m trying to find somewhere that lists both the limits and the rates used by the Fintechs for cash and card when abroad. Hopefully this exists somewhere and I’ve just failed to find it. If not maybe we could make this a wiki and keep a record here.

Edit: In the absence of another source I’ll be populating the information in the format below in due course. Hopefully someone finds this useful and please let me know if there are any errors:

Institution Card FX Rate Cash FX Rate Card Fee Cash Fee Exceptions
Monzo Mastercard Rate Mastercard Rate N/A 3% (£200 per 30 days at 0%) Cash 0% fee can be increased to £400 with Monzo Plus
2

https://www.mastercard.co.uk/en-gb/consumers/get-support/convert-currency.html

3

Limits are set by the companies themselves

1 Like
4

Starling are the best for forex :innocent:

5

I was kind of hoping for a table explaining each banks outlook on FX for example:

Institution Card FX Rate Cash FX Rate Card Limit Cash Limit Exceptions
Monzo Mastercard Rate Mastercard Rate N/A £200 per 30 days Cash limit can be increased to £400 with Monzo Plus
6

Table looks great. Just need a further 5-10mins of research and you’ll have all the information to share with others.

7

Table looks good, but the only thing that’s wrong is the cash limit. That’s just the fee free limit. You can withdraw more, but you get charged 3% of whatever you withdraw over your allowed limit.

2 Likes
10

Yep happy to go researching but didn’t want to do so if this already exists and I’ve missed it.

11

I think the below is correct for Starling?

And Revolut

Institution Card FX Rate Cash FX Rate Card Fee Cash Fee Exceptions
Starling Mastercard Rate Mastercard Rate N/A N/A N/A
Revolut Interbank exchange rate M-F: Interbank exchange rate

Weekends: Up-to 1.5% mark-up from Friday’s rate		 N/A 2%* ATMs chargeable after per month:
£200 / €200 / 200USD / 200CHF / 800PLN / 1,500DKK / 2,000SEK / 2,000NOK / 800RON / 4,500CZK
x2 multiplier for Premium, x3 for Metal
12

Revolut have markup at weekends and bank holidays. The same as Curve I believe.

1 Like
13

Dozens is the same as Starling