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TEB ATM Beware

Posted: Fri 10 Apr 2020 7:42 am
by Holly
This morning used TEB atm to draw 500 GBP on my UK card. Foolishly i did not check there charge which is normally 3% . Today 5% !!!!!!

25 Sterling to withdraw 500. Thats what i call taking the pxss.

Re: TEB ATM Beware

Posted: Fri 10 Apr 2020 8:21 am
by wizardofmann
Now that really is taking the pxss!

I find it hard to believe the banks are allowed to have carte blanche with such charges? Is there anyone in the know about this?

Re: TEB ATM Beware

Posted: Fri 10 Apr 2020 12:17 pm
by kendra
Goodness me, that is one massive increase !!

What do other atm/banks charge? Surely there is a cheaper alternative

Re: TEB ATM Beware

Posted: Fri 10 Apr 2020 1:03 pm
by Keithcaley
kendra wrote:
Fri 10 Apr 2020 12:17 pm
...Surely there is a cheaper alternative
Yep - a Revolut card, and withdraw Lira! - no charges....

Re: TEB ATM Beware

Posted: Fri 10 Apr 2020 2:13 pm
by kendra
Keith
How does the revolut card work? I am a thicky as far as these things are concened.

Re: TEB ATM Beware

Posted: Fri 10 Apr 2020 6:02 pm
by Keithcaley
kendra wrote:
Fri 10 Apr 2020 2:13 pm
Keith
How does the revolut card work? I am a thicky as far as these things are concened.
There has been a lot of helpful discussion on this subject on the forum.

To save repeating it, just enter the word ' revolut ' into the search box at the top left of the screen, and you will see all of the posts/threads on the subject.

The first post by erol about Revolut will give you a good grounding in the subject :)