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Where to get foreign money
essbee_3
Posts: 62 Forumite
I need to get some money changed for going to Denmark this week. I'm wondering if anyone can suggest good deals. I've just recently became a member of quidco and pigsback so I was thinking maybe of doing it online if I can earn cashback?
Any suggestions gratefully received!
Any suggestions gratefully received!
0
Comments
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I doubt you will earn cashback for changing cash to another currency, or anyone could do that, then change it back to £ again, and keep doing it over and over0
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https://www.travelex.co.uk are giving € 1-46 to the £ at the moment.
Order online and pick it up at the airport.0 -
yes I agree travelex you get better price on line collect from departing airport.I would love to be a Travel Agent :j0
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Denmark still use the Kroner...not the Euro.0
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The post office do it commission free.2008 Comping ChallengeWon so far - £3010 Needed - £230Debt free since Oct 20040
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Hi, Here is my list of top places on how to get money to spend abroad:
1. Nationwide Debit Card for ATM withdrawals from destination country (no foreign loading) / the Audi credit card or the Post Office credit card for purchases in destination country (but watch out for Dynamic Currency Conversion) (no foreign loading for purchases, BUT watch charges for cash withdrawals).
2. Nationwide Credit Card (please note Nationwide's policy re chip and pin in foreign countries: see this thread from FlyerTalk) (no foreign loading for purchases, BUT watch charges for cash withdrawals).
3. SAGA credit card (if you are over 50) for purchases in destination country (no foreign loading for European purchases, 1% for rest of the world, no cash withdrawal interest if balance repaid in full BUT 1.5%/£1.50 cash withdrawal fee).
4. Any other debit card for ATM withdrawals from destination country / any other credit card for purchases in destination country (but for both CHECK T&C's to see exact charges).
5. Thomas Exchange Global ("TEG") in central London - pay and pick up at store.
6. Travelex online (remember Travelex will price match any other exchange service, i.e. the one above) -pay online, pick up at airport.
For price matching: order through Travelex online as you would do normally, then call up TEG (02072401214 or 02078281880) and get a quote re their exchange rate. Email Travelex: [EMAIL="customerservices@travelex.com"]customerservices@travelex.com[/EMAIL] (must be done on the same day) stating the following: your Travelex reference number, your currency quote from TEG (and the fact you got it from TEG) and your address (Travelex will send you a cheque refunding the difference). Also Travelex normally acknowledge receipt of your email. Full terms and conditions of the Travelex Price Promise are on the Travelex website.
7. Marks and Spencer - pay online or pay and pick up instore.
8. Online FX (using this link ensures free deliver) - pay online, delivery to home.
9. HSBC (they seem to use Amex as their travel money provider and offer free delivery for orders over £350) - pay online, deliver to home or pick up from branch (and avoid any delivery charge).
10. Thomson Travel (they seem to use Amex as their travel money provider) - pay online, delivery to home.
11. Co-op Travel (they use Currency Express / Exchange and offer free delivery for orders over £300) - pay online, delivery to home.
12. Post Office (while probably not the best rate, there are many of them around, so may be convenient) - pay online, pick up at PO or pay and pick up at PO.
13. Haggle with High Street travel agent (which may ensure better rates than 5 to 9 above) - pay and pick up instore.
With 1 - 4 make sure you tell your card provider you are going abroad, where you are going and for how long, so they can put a note on your account.
With 5 - 13, if you are paying with debit / credit card check your T&C's as many providers charge for the privilege of using money exchange services.
Here are links to ATM locators: VISA and MasterCard
Here are various information links to VISA: Foreign Exchange Rate FAQ and Visa Exchange Rates
Also please read Martin's article: Spending Overseas and Loading Technicals
Also look at the these forum threads: The Cheapest Way to Spend Overseas Discussion Area and How to buy TCs and foreign currency"An eye for an eye leaves the whole world blind" - Mahatma Gandhi0
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