What is Dynamic Currency Conversion?
A. When you are travelling abroad goods and services are usually offered in the local currency. The currency conversion between your pounds and the local currency can either be carried out by us as your card issuer or the foreign bank that processes payments for the shop or cash machine. With your lastminute.com currency card, we have already done the currency conversion offering you a great rate on foreign exchange in the process. If you are travelling abroad and you withdraw cash from an ATM or buy goods and services from a shop, you may be offered the choice to pay in Pounds Sterling or the local currency. This is because the cash machine or the shop’s till recognises that you have a UK-issued card and therefore you might want to be charged in Pounds Sterling because you are more familiar with prices in this currency. This is called Dynamic Currency Conversion (DCC). You should always decline this option and choose to pay in the local currency. This is because we have already done t
