Thought this might be of interest to travellers visiting Morocco.
The building society has announced that from 6 May it will charge a fee of 0.84% for each Visa credit card transaction in most non-EU countries.
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An identical fee will be imposed on Visa debit card transactions from 1 June, before both rates are increased to 1% on 1 July – just in time for the peak holiday season.
MasterCard to follow?
While the changes won’t immediately include the company’s FlexAccount cards, which are provided by MasterCard, it’s likely that these will become subject to a fee in due course.
Elsewhere, Thomas Cook is also introducing a similar charge. From 18 April, the company will charge a foreign exchange fee on overseas purchases, plus an extra handling fee of 2.99% on cash withdrawals.