UK shopping online remains “cheap”
It continues to be very cheap to buy online this week from UK websites.
£1 of shopping will cost you only €1.11. This is a slight increase from 5 days ago, when the rate was £1:€1.10.
This figures are from Yahoo’s currency converter. If you are buying with your standard EURO based credit card issued by an Irish bank, you can expect your bank to add on their fees of between 2%-2.75%, making the price those few percentage points higher.
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Comments
I was shopping on ASOS today and have also started using my irish laser card instead of my english debit card. My order was 136 pounds and when I tried to check out they said I need to change the currency to euros. So I went and changed it and the new price was 172 euro, thats an exchange rate of 1.26 while the rate on xe.com today was 1.09. When I put in the new irish total it turned out to be 156 pounds. Ive emailed them about this and they say they use “an average rate” when clearly this rate has not been in effect for at least the last three years. I wont be using this site again.
Paul, you make a good point. In fairness to Asos, some of the difference is accounted for by the extra 4.5% VAT (difference between Irish and UK VAT) Asos pay on your behalf and additional card processing costs (maybe 1%-2% for an “international” card). The current exchange rate is about £1:€1.30; some other UK webstores can charge as much as £1:€1.60 and I try not to list those on this website.
Tell us on Twitter at twitter.com/online_shop_ire
Oh, and I amended the Asos listing on the site to reflect your experiences. Sally
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