To buy or not to buy? dollar v the pound?

not coming till 22nd of feb but i%26#39;am starting to worry that by then i will get less dollars for my money, i don%26#39;t want to panic buy but also do not want to miss out on the great exchage rate......whats a girl to do?

To buy or not to buy? dollar v the pound?

I know exactly what you mean as we%26#39;d just usually use our ATM card to get money out away from home or pay by debit card as we get a decent rate from our building society but I%26#39;ve been toying buying some $ in advance now too, I guess the main thing here is that if YOU think you are getting a good deal, go for it.

To buy or not to buy? dollar v the pound?

Kaz, no one can predict the movement with any certainty, they can only speculate.

There is just as much chance the rate going up as there is of it going down, that is how the current rate is determined.

If you did buy $`s in Great Britain now you would have to pay

commission along with having the pathetic rate the banks etc

offer over here and lose the interest your money would have earnt

before you go.

The best advice I can give you is open a nationwide flex account with DEBIT card and use it in the states,this way you get the bank mid price (1.949 @ the moment) not the tourist rate and you also pay no commission.

I know the rate went down 1.19 % today but its still a great rate

and it may well bounce in the next few days

Just checked travelex who are one of the

better of a bad bunch in the UK and they

offer $1907 / 拢1000 compared to $1950 / 拢1000

youd get in new york with the Nationwide debit card.

Ok sounds like nationwide is the way to go, i go away a fair amount so it seems it would be worth the time to openan account, thats a pretty good rate! thanks for the info it was really helpful

Yep I agree with Swanseajack - if you want to open a new account then Nationwide Building Society is the way to go. That%26#39;s who we bank with. They don%26#39;t make charges for overseas ATM withdrawals either.

If you think that the dollar will rise over the next few weeks then hedge your bets and buy some dollars now.

Look for a good rate.

Otherwise get your dollars in the USA. You will get a better rate.

Use ATM to withdraw cash.

I bank with Nationwide, and it%26#39;s done me well whilst in the States. I doubt whether you%26#39;ll lose out much on the exchange rate in the foreseeable future though obviously there are never any guarantees!

Personally I never take more than $200 cash with me and use ATMs or my cc when I%26#39;m there. Don%26#39;t know about you but I wouldn%26#39;t feel comfortable carrying $2000 in cash at any time.

Ok this is what i have done, i was in cenral london yesterday and the rate was better than in west london, i got 1.92 with no commision, they only had $300 dollars left so i got them, i figured this will cover us for a taxi and what ever else we might need and then once thats gone we will use the atm, i agree is probably not a good idea to have it all in cash.

Exchange rate seems to me dropping? does anyone know if it looks like it will continue to drop? i know nobody can say for sure but i have no idea.Any thoughts, should i go out and just get all our dollars now?

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