USA Dollars

budgetflyer

Slightly off topic
but I wonder if it would work ? Buy off travelex online. pay £3.50 to sell back at same rate.Still claim cashback under their price difference guarantee. (they send a cheque)
Sell back the whole amount.
Last deal I got £1200 of Euros, got a cheque back for £21 .
£21- £3.50 = £17.50 Profit
What do you think ?

thedriver

if buying dollars do it this friday as Bank of england int rate decision on Thurs.

Very good bet that int rate will rise, therefore stronger pound v dollar.

Goin vegas on sunday...and thats my first bet!

Scots_Girl

mrseyes wrote:

Went to order some USA dollars from my bank who said that there will a charge involved. But my friends said that if you walk in any high street banks ask them to exchange your £ to dollars and they would do it for free.

Do some banks charges and some don't?

What is the best ways to take money without paying lots of charges and commisions?

As some of you may recall that i won this holidays, my accomodation, flight, and food is all paid for. So i not thinking taking that much (i dont have much anyway!!!), only £250 or less for outings, souvenirs and so on.

If you have a Nationwide debit card use that in the USA to get cash with no charges from Nationwide and a good exchange rate.

If you use a Bank of America ATM, or go into one of their branches, there's usually no charge from them for the cash withdrawal either, so its fee free and a good exchange rate.

hammy_the_hammer

if you are thinking of taking £250 you need to factor in a bus fare if you only achieve a 1% difference in the rate.

pin

Hi, Here is my list of top places on how to get money to spend abroad:
[FONT=arial,helvetica,sans-serif] [FONT=times new roman,new york,times,serif] [FONT=arial,helvetica,sans-serif] [FONT=arial,helvetica,sans-serif] [FONT=times new roman,new york,times,serif] [FONT=arial,helvetica,sans-serif] [FONT=arial,helvetica,sans-serif] [FONT=times new roman,new york,times,serif] [FONT=arial,helvetica,sans-serif] 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).
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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. Thomson Travel (they seem to use Amex as their travel money provider) - pay online, delivery to home.

10. Co-op Travel (they use Currency Express / Exchange and offer free delivery for orders over £300) - pay online, delivery to home.

11. 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.

12. Haggle with High Street travel agent (which may ensure better rates than 5 to 9 above) - pay and pick up instore.

With 4 - 12, 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

Hope this all helps!!
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mrseyes

Thanks everyone for the advice. Sorted my money & my mobile phone out. Flying tomorrow 9am BMI direct flight to Las Vegas. Can't wait. :T

trets77

Vegas !!! you lucky lucky man . been before??

mrseyes

Update:

Back from LV this morning. What an amazing experience.

trets77

bet your like me cannot wait to get back out there