Holidays - travel cards?

[Glaucus]

A credit card puts the onus completely on the card company for literally any issues. A pre pay card is the complete opposite.

nope, only under certain circumstances,
maybe the fact of interest and paying a credit card. that its not needed and doesn't cover you for daily purchases.

it just doesn't do what you said and now your trying to back peddle, but upto you. Lets just remember how this started.

The problem with any of these Resolut / Monzo cards is the complete lack of protection.

I'm well aware of the various protections levels and what is best for what .

 

[Peerzy]

I'm well aware of the various protections levels and what is best for what .

I cannot think of a single circumstance where a Monzo card offers better protection than the Halifax Clarity, or a reason why you would use one unless you were not creditworthy?

 

[Glaucus]

I cannot think of a single circumstance where a Monzo card offers better protection than the Halifax Clarity, or a reason why you would use one unless you were not creditworthy?

instant transactions with a great app for a start. in no way is a clarity card better for day to day spending. How could it be, it doesn't cover you under any additional protection.
It is also better when abroad, clarity you start paying interest as soon as you make a cash withdrawl, revolute/monzo you don't.

 

[Peerzy]

instant transactions with a great app for a start. in no way is a clarity card better for day to day spending. How could it be, it doesn't cover you under any additional protection.
It is also better when abroad, clarity you start paying interest as soon as you make a cash withdrawl, revolute/monzo you don't.

Instant transactions - are you implying you cannot make an instant purchase / transaction with the Halifax Clarity / Halifax app?

day to day spending - you mean purchases and shopping, where the Clarity offers you the exact same protection as Monzo but with addition of S75 and fraud protection backed by law.

Start paying interest as soon as you make a cash withdrawal - if you so wish you could use the Halifax app and pay off the cash withdrawal the same day, incurring no interest.

 

[Glaucus]

Instant transactions - are you implying you cannot make an instant purchase / transaction with the Halifax Clarity / Halifax app?

day to day spending - you mean purchases and shopping, where the Clarity offers you the exact same protection as Monzo but with addition of S75 and fraud protection backed by law.

Start paying interest as soon as you make a cash withdrawal - if you so wish you could use the Halifax app and pay off the cash withdrawal the same day, incurring no interest.

nope, how could you even interpret it that way.

so no it doesn't offer any more protection

and wow more complication.

nope ill stick with an easy card and when they become a full back early next year then i'll change my bank account and probably CC over depending what they offer.
in the meantime using an easier card for day to day and oversees and having a very long 0% interest on CC is more important.

 

[Peerzy]

nope, how could you even interpret it that way.

You were attempting to answer my question of why you would use a Monzo card over a Clarity - you gave the ability to make instant transactions with an app as one them (which implies this is a benefit and something you cannot do with the Clarity).

so no it doesn't offer any more protection

It does

It offers the exact same protection as a Monzo card AND SECTION 75 PROTECTION IN ADDITION. It therefor offers more protection.

and wow more complication.

More complication..... to log into the app and click pay Yet moving money onto a Monzo card isn't a complication

in the meantime using an easier card for day to day and oversees and having a very long 0% interest on CC is more important.

It's not easier, and it's more dangerous. You are allowed more than 1 credit card as well so having a 0% interest card is no reason to use a rubbish pre pay card designed for teenagers and people who do not understand credit cards.

 

[Glaucus]

transactions on credit cards do not show instantly, sometimes they take many days, this is a downside.

so no it doesn't offer any more protection, what do you not understand about a day to day card..

transfer money once a month and be done with it, as it changes month to month something I would do anyway.

and as for your last statement just LOL..

again lets remember why we are here.

The problem with any of these Resolut / Monzo cards is the complete lack of protection.

care to admit you are wrong, and that there are benefits to alternative methods.

 

[Peerzy]

transactions on credit cards do not show instantly, sometimes they take many days, this is a downside.

You'll see them instantly as a pending transaction (as the retailer won't have settled the transaction yet) and you can pay them off on the same day against this figure.

so no it doesn't offer any more protection, what do you not understand about a day to day card..

Yes it does. On holiday and you book a £150 helicopter tour - a credit card offers more protection on this transaction than a pre paid card.

transfer money once a month and be done with it, as it changes month to month something I would do anyway.

Good, transfer money once a money to pay off a credit card, something you would do anyway.

and as for your last statement just LOL..

again lets remember why we are here.


care to admit you are wrong, and that there are benefits to alternative methods.

There are no benefits, just a way to pre load money onto a card and be less protected (compared with effectively loading the money onto the card after purchases and more protection).

My replies are above in red, however I'm out as my head hurts from all the wall banging.

 

[Glaucus]

not even pending transactions show instantly on a cc even they can take a very long time.

you still seem to misuderstanda general day to day card. I can and still do put large purchases on a credit card.

so no it doesn't offer anything extra, but just keeping typing it has section 75, doesn't change the fact you cant use section 75.

perhaps if you banged your head less, then you might have better understanding. Especially when this all started as you were categorically wrong. Something you repeatedly ignore.

 

[Basher]

not even pending transactions show instantly on a cc even they can take a very long time.

you still seem to misuderstanda general day to day card. I can and still do put large purchases on a credit card.

so no it doesn't offer anything extra, but just keeping typing it has section 75, doesn't change the fact you cant use section 75.

perhaps if you banged your head less, then you might have better understanding. Especially when this all started as you were categorically wrong. Something you repeatedly ignore.

Credit card transaction almost always show up very, very quickly as pending transactions. With my AmEx it's usually less than 5 seconds.

Why can't you use Section 75? Assuming the purchase is over £100 then it's a useful extra layer of protection, surely?

 

[[TW]Fox]

transactions on credit cards do not show instantly, sometimes they take many days, this is a downside.

No it isn't. You're not stupid, you know when you've bought stuff within the last 24 hours, besides it appears instantly under Pending anyway.

so no it doesn't offer any more protection

Simple question.

Bob clones your card and immediatly buys a $750 inflatable giraffe with the cloned card.

What happens to:

a) This $750 if its on a Monzo card
b) This $750 if its on a Halifax Clarity card

When you've answered, explain to me how the protection is 'the same'

again lets remember why we are here.

Because you hold enormously strong opinions on subjects you either don't understand or can't articulate properly?

 

[Glaucus]

how is it not articulated properly, do you have protection on any card with mastercard or visa logo? of course you do, so that statement is wrong.
under fraud you are protected and get your money back. he then moved on and replied with section 75 for everything, even though section 75 doesn't cover everything.

Credit card transaction almost always show up very, very quickly as pending transactions. With my AmEx it's usually less than 5 seconds.

Why can't you use Section 75? Assuming the purchase is over £100 then it's a useful extra layer of protection, surely?

because day to day spending, when do you spend more than 100.
well had cards with most including Halifax and they don't show up that fast at all. lucky if half of them show up same day.

 

[Basher]

because day to day spending, when do you spend more than 100.
well had cards with most including Halifax and they don't show up that fast at all. lucky if half of them show up same day.

They show up instantly as pending.

But if you did spend over £100, or if your card was stolen and someone else did, you'd get more protection under Section 75 ...

 

[kaku]

Revolut cards looks really good. The only thing that puts me off is it seems too good to be true! How are they making it worth their while if they're giving you interbank conversion rates and no fees?

In the past I've just used my credit card abroad, but since I'm going away for a significant period of time I'd like to have something more tailored.

 

[englishpremier]

They charge for cash withdrawals if you go over £500 in a calendar month. There are also charges for using in sterling iirc

 

[R3X]

So on that Revolut card you can put say £1K on it go to Spain and withdraw less then £500 per month you will not get charged ?

 

[Glaucus]

So on that Revolut card you can put say £1K on it go to Spain and withdraw less then £500 per month you will not get charged ?

yep no fees or commission on unlimited purchases and £500 or equivalent on cash withdrawal per month. it really is a fantastic travel card.
2% if you go over 500. but as long as you visiting major cities then everyone takes card.

They charge for cash withdrawals if you go over £500 in a calendar month. There are also charges for using in sterling iirc

no charge in sterling, ssame applies, unlimited purchases, less than £500 cash withdrawl per month.
they did recently impose a top figure as well, I cant remember what it's but it was like 3k per month.

 

[kaku]

Are there any delays/limitations in "topping up" your Revolut account?

Sounds like I will give it a go next time I'm abroad.

 

[Howard]

There's no way I'd take €1200 in cash on holiday with me. Very outdated way of doing things. I wouldn't use a dodgy prepaid card either. I'd take a hundred or two to cover random cash purchases and pay for all the 'major' stuff like restaurant meals, excursions etc using the Halifax Clarity card. Set it up to pay the full balance each month and it won't cost you a penny in foreign transaction fees and will give a favourable exchange rate. Cash withdrawls don't cost anything other than the interest either, which will be pennies if you pay it off using online banking within a couple of days.

 

[Glaucus]

Are there any delays/limitations in "topping up" your Revolut account?

Sounds like I will give it a go next time I'm abroad.

depends, card is instant, bank transfer is 1-5 days
just be aware that the app and card are geo locked together. so If you leave your phone at home and go traveling to say Spain it wont allow you to use it.
when you land find some free wifi like at airport and sign into app and you should be fine.
I don't know how it exactly works but I had the issue first time I used it abroad. Since then its been fine.

its probably in the faq somewhere.