HOLI-YAY

NatWest is SCRAPPING charges for spending abroad

NATWEST is scrapping charges for spending abroad on some of its credit and debit cards. 

Debit and credit card users won't have to pay non-sterling transaction fees on purchases abroad until September 2. 

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NatWest's deal could save you money when travelling abroadCredit: Getty

The fee is usually 2.75% - so it means you could save a fair amount if you are flashing the plastic while on holiday this summer.

doesn't apply for ATM withdrawals and local fees may still apply, so be sure to check the terms and conditions before you start spending.

How to register your card

You can register your card for travel in the app 24 hours before you go abroad. 

To do this you should:

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  • Enter the details of your trip in the "Home" section of the app
  • Choose your account
  • Go to "Manage my card & Google Pay"
  • Then click the "Going Abroad" and the "Register card" section of the mobile app.

You can only register one trip at a time - so if you've got more than one holiday lined up, you'll need to repeat this each time.

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It can include up to seven countries and last 90 days, but you’ll need to register each country you are visiting.

NatWest said it is useful for customers to register their card through the mobile app so the bank knows it is them spending abroad rather than a fraudster.

However, they said there isn’t any need to register a card to receive the fee free transactions.

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or .

Some examples of cards without fees include which has a Non-sterling transaction fee and a 0% Non-sterling cash withdrawal fee. This card has a representative APR of 19.9%

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