Canalsman
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As I understand it you pay a charge when you load the card with Sterling which is then converted to Euros. So there is in effect an exchange rate charge.We use a Prepaid Post Office card for our ATMB tag which we preload in Euro's so no exchange rate charges. PO card is used for 90 % of our spending abroad can be loaded any where any time via the phone app
A much cheaper and more flexible option is to use a card such as the Halifax Clarity credit card. There are no charges for purchases in foreign currencies and the Sterling charge is calculated at the inter-bank exchange rate on the day of the transaction.
Cash withdrawals will have an interest charge between the date of withdrawal and the statement date.