🇵🇹 Monzo in Portugal [Discussion]

[TMannall (Tom)]

Hey, it’s always better to choose the local currency (in this case EUR), this way Monzo gets to apply the currency conversion at the Mastercard rate.

Withdrawing cash at an overseas overseas ATM - an example of dynamic pricing

Yes - you should always opt to be billed in the local currency. You’ll get very good rates from us, but we can’t stop the merchant from ripping you off on FX.