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Best rate foreign currency - TESCO

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21-03-2007, 11:47 AM
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MoneySaving Convert 
Join Date: Nov 2006
Posts: 53
Thanked 17 Times in 9 Posts
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Best rate foreign currency - TESCO
Probably been raised before, and deep apologies if it has.
Historically M&S has given best rates for foriegn currnecy followed by Post Office but I have found Tesco to be better and has no commission on currency, 1% on sterling travellers cheques.
As an example the Cyprus pound is consistantly '1' above M&S - eg M&S giving 81.0 Tesco is 82.0
My mum ordered online and came next day by Royal Mail Special Delivery.
Usual £5.00 delivery charge if ordering under £500 of currency or travellers cheques.
Something to bear in mind for the Summer Holidays.
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21-03-2007, 12:01 PM
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MoneySaving Convert 
Join Date: Aug 2006
Posts: 86
Thanked 35 Times in 24 Posts
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well i have been looking around.. travelex is also doing good rates
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21-03-2007, 12:03 PM
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Serious MoneySaving Fan 
Join Date: Oct 2005
Location: York
Posts: 834
Thanked 219 Times in 188 Posts
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have to have a look as i am off to the Euro zone on Friday
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21-03-2007, 12:19 PM
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Serious MoneySaving Fan 
Join Date: Apr 2004
Posts: 962
Thanked 224 Times in 172 Posts
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Pin has an excellent thread Herewhich is worth checking out.
Hi, Martin has asked me to tell you that I'm the Board Guide on Mortgages & Endowments & House Buying, Renting which means I volunteer to help the boards run smoothly, I can move & change posts there. However, do remember, board guides don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com. Board Guides don't deal with this. Any views are mine and not the official line of MoneySavingExpert.com
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21-03-2007, 12:33 PM
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MoneySaving Newbie
Join Date: Feb 2007
Posts: 11
Thanked 1 Time in 1 Post
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off to Lille in june looking for ideas and best exchange rate. Is it best to take cash or use debit/credit card. Also planning holiday to the USA next year need advice on how to get the most for my money.
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03-04-2007, 5:05 PM
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MoneySaving Convert 
Join Date: Jan 2007
Posts: 63
Thanked 23 Times in 15 Posts
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Would have used Travelex for my holiday to Malta but it closes at 9pm in Newcastle Airport (I think! The website was spectacuularly unhelpful) so to collect my cash I would have had to be there 6 hours before my flight. I hate waiting in airports at the best of times so no way, Jose!
I checked around and Tesco were the cheapest for currency under £500.
It's only mildly annoying that the Tesco service is provided by Travelex but the rate is worse.
However, it still beats the quotes I got from the Post Office (which I've always used before) and Royal Bank of Scotland (very poor rate today compared to others).
I think Martin should do a number on this before the summer and shake these b*****s up a bit!
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03-04-2007, 5:21 PM
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Deliciously Dedicated Diehard MoneySaving Devotee 
Join Date: Aug 2005
Posts: 19,371
Thanked 576,156 Times in 15,284 Posts
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I find crown currency to have excellent rates, for the dollar anyway
Kyle
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