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m90

Moneycorp vs mastercard

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    I have a mastercard credit card that I pay no interest/fees on (assuming I pay it off straight away). How does moneycorp exchange rates compare to mastercard at any given time and why shouldn't I use my UK card to pay for everything (food, clothes, tickets etc) I need in Australia for the first six months?

    In the above I'm ignoring the amount I'll have to transfer for rent, bills etc which would presumably need to come out an Australian bank account + I understand I would be taking a risk on potential swings on exchange rate over that time. 

    I'm just trying to work out whether I should split my money 50:50 like this or whether I should transfer all with moneycorp/another company when it comes time to move.

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    Moneycorp

    Moneycorp

    Feel free to contact me and compare - my email address is john.kinghorn@moneycorp.com

    Confident Moneycorp can offer you a competitive exchange rate. 

    Also need to take into account the timing of any money transfer you do; receiving expert guidance on what is happening with the exchange rate is very important. 

    Thanks

    John 

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