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$50 free with travellers cheque card

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I don't know if this is in all Asda First Choice travel agents (currency exchange )

They are offering $50 free when you put $700 the new American Express Travellers Cheque Card

I know Travelex offer better exchange rates today £1..........$1.716 and First Choice £1...... $1.68 but I think it is still a good deal...unless anyone knows better.

Offer also on euros
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Comments

  • usadave
    usadave Posts: 24 Forumite
    i am off to florida have bought card looks like good idea i got mine at thomsons the rate was 1.70 with the extra $50 worked out at 1.82 you can draw money out at atms but $2.50 charge best to use like credit card and only draw out if you need cash
  • MKS
    MKS Posts: 10,328 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Euros are the same - buy 500 on travel card and get 50 free
  • john2303
    john2303 Posts: 110 Forumite
    is their anywhere on the web that offers this deal?
  • grumbler
    grumbler Posts: 58,629 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Look here: http://www.thomascook.com/promotions/promotion_s.asp?page=travellers_cheque_card_promo

    EDIT: 'Buy the NEW American Express Travellers Cheque Card by 14th October, and we'll give you up to 100 free Euro or US Dollars. '
    It looks like this offer has expired ...
  • beany
    beany Posts: 349 Forumite
    This offer is current in Thomsons and First Choice Travel (Asda) until 31st October
    Asda now seem to be offering lower exchange rate than Thomsons.

    Today thomsons were offering an exchange rate of $1.68 equal to $1.80 if you take into account the free $50 but only if you use the card as you would a credit card, charges if you take cash from ATM of £1.50 per transaction
  • Just got $1.677 at Thomsons, which with the extra $50 bonus equates to S1.797. Was told no charges at ATM but we will see. Offer valid to 31 October. Minimum purchase 700 us$ or euros. Up to 4 cards per family.
  • mikemoate
    mikemoate Posts: 414 Forumite
    Just got $1.677 at Thomsons, which with the extra $50 bonus equates to S1.797. Was told no charges at ATM but we will see. Offer valid to 31 October. Minimum purchase 700 us$ or euros. Up to 4 cards per family.

    According to Amex terms and conditions there is an ATM charge of £1.50 or 2 euro or $2.50

    Link to PDF below

    https://www.travelmoneyonline.americanexpress.com/b2c/Config_54_30/GB/Companies/_Default/PDF/TermsTcc.pdf

    I was looking at the Travelex equivalent of this. Again in the terms and conditions it mentions various outlets actually adding in as a norm 10-20% service charge. If I can find the link to that I will edit this post and include it.

    Found the link. Take a look at this. A bit OTT in my opinion.

    http://www.travelex.co.uk/personal/PPC_importantinfo.asp?content=ppc
    Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote.
    -Benjamin Franklin
  • Thanks. Suspected there would be a charge. But extra $50 comes in handy.
  • mikemoate
    mikemoate Posts: 414 Forumite
    Thanks. Suspected there would be a charge. But extra $50 comes in handy.

    You're right monkeyspammer, whichever way you look at it your $50 gives you 20 withdrawals and you know your money is safe,
    Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote.
    -Benjamin Franklin
  • beany
    beany Posts: 349 Forumite
    Most questions answered here. (sorry can't do the click here thingy)

    http://www.americanexpress.com/uk/tcc/faqs.shtml?uk_en_nu=leftnav

    You can draw up to £250 in $ or euro per day so if you have put in $700 to get the free $50 it will cost £3 or $5 to use atm to get cash that still means a rate of $1.787 (I got $1.68 originally before adding in free $50)

    I have been assured that if the card is used for purchases no charge, I think the 10-20% (refered to in earlier post) is a service charge or tip in Hotels and Restaurants and I don't think charged in shops

    Also they help if you loose your passport
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