To help your holiday run smoothly,
read our tips on spending abroad.
You’ll be charged two fees on every purchase.
Non-sterling transaction fee
A percentage of the cost, added to each purchase you make.
Non-sterling purchase fee
A flat fee, so no matter the cost of your purchase, you’ll be charged the same amount. So you decide when to pay with your Lloyds Bank Visa debit card or when to pay with your foreign currency.
If you bought four entry tickets to a water park worth £100, you’d pay a £2.99 (2.99%) non-sterling transaction fee and a 50p purchase fee, totalling £103.49.
For drinks and snacks worth £30, you’d pay a 90p (2.99%) non-sterling transaction fee and a 50p purchase fee, totalling £31.40.
For two coffees worth £4, you’d pay 12p (2.99%) non-sterling transaction fee and a 50p purchase fee, totalling £4.62.
Or for lunch on the beach worth £10 you’d pay 30p (2.99%) non-sterling transaction fee and a 50p purchase fee, totalling £10.80.
It’s useful to know that paying with your Lloyds Bank Visa debit card is usually cheaper than using it to withdraw money from an overseas ATM*.
If you take out cash with your debit card you will be charged fees, which may be higher than when paying with your card.
If you do decide to withdraw cash, it’s worth just checking the overseas ATM withdrawal limit so you know how much you can take out before attempting to withdraw any cash.
You may be asked if you want to pay in sterling or local currency when you're paying for something on your Lloyds Bank Visa debit card. We recommend you always choose local currency, as it will help you avoid paying local currency conversion charges, which can be more expensive.
It’s handy to have some foreign currency to pay for ice creams and drinks when you’re abroad, but for many, especially if you’re going all inclusive, you probably won’t need as much as you think. The temptation is if you’ve got it, you’ll end up spending it at the airport on things you really don’t need.
Top tip is avoid exchanging currency while you’re at the airport or abroad because they often have higher exchange rates and can carry commission fees.
Make sure we have the right phone number and email address for you in case we need to get in touch about your account. You can update your details in branch.
Our fraud and security systems are always on the lookout for suspicious activity on your accounts, so you can relax while you’re away from home.
If you do decide to withdraw cash in a foreign country, use ATMs with the Visa logo, in well-lit and busy areas, preferably attached to established banks.
Don’t carry around lots of foreign currency with you – use your hotel safe and just take out what you need each day. Your Lloyds Bank Visa debit card is much easier to carry around and you have the same protection as you do at home.
If your Lloyds Bank Visa debit card is lost or stolen while you’re abroad call us on:
+44 1702 278 270
If your Lloyds Bank Visa debit card is declined, there are transactions you don’t recognise, or you need a new PIN call:
+44 1733 347 007
These calls will be charged at the telephone service provider’s published tariff.
Use the app to check your holiday spending while you’re away. Remember to use it while you’re on a secure WiFi connection to avoid roaming charges from your phone provider.
Find out more information about the app and how to download it.
*If you use your debit card to withdraw cash from an ATM in a currency other than sterling, or to withdraw cash in sterling outside the UK, the amount is converted to sterling on the day it is processed by Visa using the Visa Payment Scheme Exchange Rate. We will charge you a non-sterling transaction fee of 2.99% of the amount of the transaction and non-sterling cash fee of £1.50 for each withdrawal. Where you elect to allow cash machine operators to make the conversion to sterling for you, we will only charge a foreign cash fee of £1.50 for each withdrawal. The provider of the foreign currency may make a separate charge for conversion.
Lloyds Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278. Authorisation can be checked on the Financial Services Register at www.fca.org.ukVisit the Financial Conduct Authority website. Eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS). We are covered by the Financial Ombudsman Service (FOS).
Lloyds Bank plc Registered Office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales No. 2065.
Calls may be monitored or recorded.