Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Old 05-09-2010, 07:07 PM   #21
Alan's Avatar
Join Date: Jul 2005
Location: Eee Bah Gum
Posts: 22,045
Originally Posted by Danny View Post
What is a smart chip card how is that different from US credit cards?
I've been caught multiple times where the restaurant / pub / grocery store accepted only smart cards.

Credit and Debit cards in Europe increasingly have a chip embedded in the card that holds your PIN. Instead of swiping the card it plugs into a slot and you type in your PIN instead of signing a receipt. In restaurants the server will bring a wireless cradle to you and you plug in your card and enter your PIN to approve the amount. The idea is that the card never leaves your posession. At a grocery store checkout the server will tell you to plug in your card and do the business - they will not handle it at all. When we were in rural Spain, the closest small shop had a slow dial up modem connection but it was smart cards only.

Smart card - Wikipedia, the free encyclopedia

Retired in Jan, 2010 at 55, moved to England in May 2016
Now it's adventure before dementia
Alan is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 05-09-2010, 07:26 PM   #22
Thinks s/he gets paid by the post
Join Date: Jul 2005
Location: Minnehaha
Posts: 2,375
Originally Posted by Emeritus View Post
Every time I ever used one in Europe, South Africa Thailand and Bonaire I got the Interbank buying rate , if there is a fee it is stated and added. Most times no fee.
Only irritation is that in Germany you dont get a paper receipt. so I always take out the same amount (400 Euro)

Credit cards are totally different
Thanks Emeritus. Bonaire?

Danny is offline   Reply With Quote
Old 05-09-2010, 07:30 PM   #23
Full time employment: Posting here.
Join Date: Feb 2009
Posts: 886
Bonaire- Great Scuba diving Bonaire - Wikipedia, the free encyclopedia

Emeritus is offline   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Euro CDs DWPC Stock Picking and Market Strategy 7 10-15-2009 09:15 AM
The Next Bubble- Euro? Gearhead Jim FIRE and Money 15 10-09-2007 08:46 AM
Questions, strong dollar or weak dollar ? frayne FIRE and Money 7 10-01-2007 07:59 PM
Euro Exposure Howard FIRE and Money 2 01-24-2006 05:38 AM
Euro and Sterling jug Other topics 6 01-04-2006 03:28 PM


All times are GMT -6. The time now is 06:49 PM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2018, vBulletin Solutions, Inc.