When you spend money abroad with Tide, or online in other currencies, Mastercard's exchange rate will apply. We don’t charge any additional mark-up or fees on top of this.
Our standard fee of £1 to withdraw cash from an ATM will still apply.
Mastercard’s own exchange rate may vary from that of the European Central Bank’s daily exchange rate. This is because Mastercard set their own rate, rather than applying the ECB rate. The ECB is the central bank of the 19 countries which use the Euro. Daily ECB exchange rates are published based on an average of the rates of European banks. Tide has a 0% mark-up on top of the ECB rate.
You can use Mastercard’s Currency Conversion Calculator to work out the daily rate for a transaction.