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Wheres the best place to get US dollars

Hi,
I`m sorry if this is in the wrong place, but wheres the best place to get US dollars from, ie the best exchange rate?

Thanks in advance.

Ginga
«134

Comments

  • Try first choice travel agents who some 12 months ago were offering $100 free if you purchased a $1000 american express travellers cheque card. Might still have the offer on if your lucky
  • pin
    pin Posts: 4,265 Forumite
    Part of the Furniture Combo Breaker
    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] [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).
    [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] [FONT=arial,helvetica,sans-serif] [FONT=times new roman,new york,times,serif] [FONT=arial,helvetica,sans-serif]
    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

    Hope this all helps!!
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    "An eye for an eye leaves the whole world blind" - Mahatma Gandhi
  • ferf1223
    ferf1223 Posts: 8,936 Forumite
    Part of the Furniture
    Not sure where you are, but if in London - the LinkFX in the arcade by Victoria (Tube) Station has the best rates I've seen (and better than any of my friends and family have seen either) and no commission...much, much better than any of the high street travel agents or banks.
    Does remembering a time that a certain degree of personal responsibility was more or less standard means that I am officially old?
  • pin
    pin Posts: 4,265 Forumite
    Part of the Furniture Combo Breaker
    ferf1223 wrote:
    Not sure where you are, but if in London - the LinkFX in the arcade by Victoria (Tube) Station has the best rates I've seen (and better than any of my friends and family have seen either) and no commission...much, much better than any of the high street travel agents or banks.

    Thanks for the heads up re LinkFX. Their US$ rate is exactly the same as Thomas Exchange Global, but their Euro rate is a bit better.

    Website is here BTW:

    http://www.linkfx.co.uk/
    "An eye for an eye leaves the whole world blind" - Mahatma Gandhi
  • ferf1223
    ferf1223 Posts: 8,936 Forumite
    Part of the Furniture
    Pin...I didn't realise that they even had a website...thanks!
    Does remembering a time that a certain degree of personal responsibility was more or less standard means that I am officially old?
  • gingababe
    gingababe Posts: 1,040 Forumite
    Part of the Furniture Combo Breaker
    Wow thanks for all that, we want to get the best for our money.
    ginga
  • pin
    pin Posts: 4,265 Forumite
    Part of the Furniture Combo Breaker
    ferf1223 wrote:
    Pin...I didn't realise that they even had a website...thanks!

    google be your friend.
    "An eye for an eye leaves the whole world blind" - Mahatma Gandhi
  • jinkssick
    jinkssick Posts: 1,323 Forumite
    Part of the Furniture 1,000 Posts
    I exchanged £190 into $365 at Thomas Global Exchange. They have 2 locations, on the Strand and in Victoria
    Save saynoto0870.com in your favorites, and stop giving companies more £££ dialling 0870 numbers when you can dial freephones or cheaper alternatives
    call your credit card company, tell them that you want to leave, 99% of the time theyll lower your APR%
    Remember when that Bank Manager or Salesperson smiles at you, all he sees is £ notes. Dont forget the motto, "the wider their grin, the more debt your in"
  • gingababe
    gingababe Posts: 1,040 Forumite
    Part of the Furniture Combo Breaker
    unfortunately i`m in the west midlands, but i`ve got till aug ,to sort this out.
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