Spain - Canary Islands - Lanzarote Discussion Forums

Discussions regarding holidays in Lanzarote.
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Sanny

Hi and welcome on board

If I were you I would take maybe a 100 euros to see you through the first day until you get your money exchanged as I have found you get a better rate over there,I stayed in the new town so can't comment on where to change your money,I hope you have a good holiday as we love Lanzarote and we also stayed in PDC but was a couple of years ago
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thanks shazajo,

might do that. sorry for being a bit slow, but do you take cash or travellers cheques to change over there?
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Even if you don't have a Nationwide card ATMs can still be the cheapest option and they are certainly the securest option.

eg A Halifax VISA debit card will get you 1.14 e to the £ today but will charge you £1.50 per transaction. So as long as you take out a reasonable amount each time you can still save money.

It all depends on what card you do have and how much your bank charges per transaction.

Spanish banks don't charge for using the ATMs in my experience.
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thanks for that robert, it probably is a safer way to do it.

it would be a TSB visa debit card so my next mission is to find out how much they're gonna charge me :think per transaction.
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You can check the VISA rate here http://corporate.visa.com/pd/consumer_services/consumer_ex_results.jsp?from=GBP&to=EUR&rate=0.0

When you use the ATM, answer no when it asks you if you want to be charged in GBP. If you say yes you will get the Spanish banks rate, say no and you will get the VISA rate.

Ask your bank before you go what their charge is.
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Details of charges using TSB card HERE

luci :wave
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thanks all for your help, think I'll take my debit card.

roll on next thursday, can't wait.
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We got back yesterday. I took my Nationwide debit card as usual but I was only getting 1.09 euros to the £ via the ATMs. You're better off taking cash and locking it in the safe.
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You need to say no when it asks you if you want to be charged in GBP, that's a mistake a lot of people make.
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