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We won’t charge you for spending your money overseas so you can guarantee that you’ll get the best price.

The ECB rate is the foreign exchange reference rate published by the European Central Bank.

Exchange rates can fluctuate and they may change between the time a transaction is made and the time it is deducted from your available balance. You agree that any change to the exchange rate may be applied immediately and without notice to you.

Please Note: Foreign exchange rates are specific to the date and time your bank authorizes the transaction (which generally occurs at the point of sale/interaction). If your transaction is converted by the merchant or ATM operator, Mastercard foreign exchange rates will not apply. This will usually occur when you select to pay in your card's currency as opposed to the currency of the merchant or ATM.

Algbra is the trading name of Algbra FS UK Limited, registered in England and Wales with company registration number 12629086 and registered address at 22 Upper Brook Street, London, England, W1K 7PZ.

The Algbra Account is issued by Algbra FS UK Limited, which is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 [FRN 952360] for the issuing of electronic money. Your electronic money is not covered by the Financial Services Compensation Scheme (FSCS). However, they are held in one or more segregated and safeguarded accounts in accordance with the Electronic Money Regulations 2011.

The Algbra Card is issued by Algbra FS UK Limited, a Principal member of Mastercard International Incorporated. MasterCard is a registered trademark and the circles design is a trademark of Mastercard International Incorporated.

The Algbra Ethical Saver Cubes are provided by Shoal Limited, registered in the UK with Companies House Number 13846154. Shoal is not regulated by the Financial Conduct Authority (FCA) nor by the Prudential Regulation Authority (PRA) for the provision of financial services and relies on appropriately regulated third parties to provide its services to you. The Sustainable Finance portfolio against which your savings are referenced and the membership of the Financial Services Compensation Scheme (FSCS) by virtue of which your Algbra Ethical Saver Cubes are protected are provided by Standard Chartered Bank. Standard Chartered Bank is authorised by the PRA and regulated by the FCA (FRN 114276) and the PRA.