Saga Axes Credit Card

[sunny-dave]

I had a letter from Saga about this yesterday :

https://www.moneysavingexpert.com/news/2019/01/saga-to-close-its-top-travel-credit-card/

If you rely on a Saga Credit Card for cheap overseas spending, then you need to start looking for an alternative.

I'm lucky as I have already got a couple of other 'cheap' overseas cards, but many people will be forced back onto horribly expensive cards from the main banks (with loadings of up to 6% or more on foreign usage).

It's also going to hurt people who are running a balance on the Saga card that they can't quickly pay off (or transfer) - details in the MSE article.

[jno]

I hadn't seen that, but as it happened I used to have a Virgin credit card that was replaced last year by an MBNA card: the Visa one also offers no-loading foreign purchases. It's only available to people like me who used to hold airline cards, but if you did, it's worth it

https://www.headforpoints.com/2018/05/31/mbna-offering-uks-best-credit-card-travel-far-stop-defecting/

[New Judge]

Santander's "Zero" credit card offers no foreign transaction charges.

[bhg481]

Post Office also offer one.

https://www.postoffice.co.uk/credit-card?campaignid=AF_CC_0008

They even have one with 0% balance transfers and 0% on purchases for 28 months.

[sunny-dave]

I had an old Barclaycard which I barely used (kept as a spare really) - but they've agreed to swap it for one of these - the current 'best buy' for cash and purchases abroad :

https://www.barclays.co.uk/credit-cards/reward-cards/

Gness has just got one too (as a new customer) - five minutes to do the online application.

NB - all the publicity says 'not for existing customers' - but if you push a bit they seem to waive that rule.