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85% lower fees than leading high street banks

Save 85% on every transaction is based on Currensea charging a 0.5% FX markup on each transaction, vs. a high street bank (RBS, Barclays, HSBC, Lloyds, TSB and Santander) charges on their current account debit card transactions abroad.

Bank	POS FX markup & Fee	ATM FX markup & Fee*	Visa avg. FX markup (Aug - Jan 20)	Total fee (£100 POS transaction)	Saving
Currensea (Essential card)	0.5%	0.5%	-	£0.50	-
RBS	2.75%	2.75% + local fees	0.49%	£3.24	85%
Barclays	2.99%	2.99% + local fees	0.49%	£3.48	86%
HSBC	2.75%	2.75% + 2% (Min: £1.75, Max £5) + local fees	0.49%	£3.24	85%
Lloyds	2.99% + £0.50	2.95%	0.49%	£3.98	87%
Santander	2.95%	2.95%	0.49%	£3.44	85%
TSB	2.99% + £1	2.99% + 1.5% (Min £2, Max £4.50) + local fees	0.49%	£4.48	89%

Note - ATM withdrawals will generate higher saving % due to additional bank fees

Note - Smaller spend items will generate substantially higher saving % due to the fixed fee element in bank pricing

*Currensea does not charge for ATM usage, however ATM operators may charge their own fee.

Bank charges - links

See how these charges impact a family holiday to Florida and the savings you could make here

No need to pre pay or top up

The Currensea card works by instructing a direct debit straight from the customer's linked bank account after they have spent, therefore there is no requirement for the customer to transfer funds to a prepaid card or top up an additional account when the funds are running low. There is just a requirement for their linked bank account to have available funds for transactions to be processed.

Works with all major high street banks

Through open banking regulation and technology (which underpins how Currensea as business operates), we support connections to the following UK banks;

Barclays
Bank of Scotland
First Direct
Halifax
HSBC
Santander
Nationwide
Natwest
RBS
Lloyds bank
TSB
Ulster bank
Coutts