"I’ve just got my hands on an advance copy of the full list of fees for the new Ryanair credit card, and it’s looking even more expensive than expected" writes Elaine Moore in Financial Times.
On top of the £6 cost of the card and the inactivity charge of £2.50 per month if the card if not used for six months, it seems that using the card will cost significantly more than the most travel cards on the market.
We now know that the card carries a 5.75 per cent foreign transaction fee - market average is about 2.75 per cent. That means that every time the card is used when abroad the currency will be calculated using the exchange rate set by Mastercard on the day of purchase plus 5.75 per cent.
And as well as that, there’s a £2 foreign ATM charge and a £2 fee for using UK cash points and card holders will need to load the card with a minimum of £150 (other cards usually require £100).
Is there no end to Ryanair fees? - FT.com