Covent Garden FX and Bestforeignexchange.com

Myself and the mrs got on holiday next friday to spain.
I wanted to get the money done this week but the mrs doesn't get paid till Monday (we fly friday.)
I've been looking on travelmoneymax and it says I can get the best rate with covent garden fx or bestforeignexchange.com ?
I just wanted to know has anyone from here used this website? Wanted to get £1400 swapped (700 each) and i see they all want faster payments..which my bank Halifax runs. I just wanted to know if anyone on here has dealt with them and can tell me what either are like?
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Comments

  • peachyprice
    peachyprice Posts: 22,346 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I haven't used bestforeignexchange online but if it helps I always use them to collect my currency in person. I've been to three of their shops, they're a legit business and are busy, busy, busy in the city, they seem to be well trusted.

    I haven't used Coven Garden fx, so can't comment on them.

    Does it have to be online or could you collect yourself?
    Accept your past without regret, handle your present with confidence and face your future without fear
  • NiftyDigits
    NiftyDigits Posts: 10,459 Forumite
    May I remind you that we are now in the 21st century?

    If you are in London, just pop into a Metro Bank with your passport etc. You'll walk out with their no fee debit card within an hour.
    Then you are not running around with £1400 in cash and you'll get a better exchange via the ATM and purchases, than you'll get from any Bureau de Change.
    Currently 1.251766 to the Pound.
  • curtainsplitter
    curtainsplitter Posts: 156 Forumite
    edited 4 September 2014 at 10:54PM
    Hi I didn't want to get the money on the card due to the withdrawal fees and my partner wants to just get cash.more over I found with the no fee cards like ukash you always have the annonying 1 euro left over that you can't use and where we are going doesn't many ATM points near us. More over I don't know where I can get a decent rate one outside of London as I live near sheffield meadowhall
    I don't live in London or I would go and pick the money up from either company. I just wanted to know what the online service was like
  • Hi I didn't want to get the money on the card due to the withdrawal fees

    That's why the person above recommended a fee-free debit card. Much more secure than taking cash, and you'll get a better exchange rate.
  • Outside of London though where I live I haven't found any ATM cards that don't charge withdrawal fees and are better than taking cash because of the rate. All the cards I have seen have the same rate as cash.
  • NiftyDigits
    NiftyDigits Posts: 10,459 Forumite
    Outside of London though where I live I haven't found any ATM cards that don't charge withdrawal fees and are better than taking cash because of the rate. All the cards I have seen have the same rate as cash.

    N&P Gold Classic

    Cumberland Plus

    You only need to visit London once to get the Metro Bank card.

    Kalixa Pay charges a flat rate of £2.25. So if you take out the max of 370€. That is less than 0.8% off the Mastercard rate. Currently €1.25177, so an overall rate of around €1.242
    Your purchases will be at the full Mastercard rate.

    You can use this card worldwide.

    Nothing wrong with cash if you can get a good rate. But always have a Plan B
  • Most of those cards are 750 pound or equivalent every month to maintain them and I really don't want to commit to that and more over I'm based in sheffield so don't think in 4 days id get one of these cards. I've looked at khalifa card but ukash looks better.
    Tbf I might just get cash!
    But as I wondered and as per the title has anyone used the two sites mentioned in the title
  • NiftyDigits
    NiftyDigits Posts: 10,459 Forumite
    Most of those cards are 750 pound or equivalent every month to maintain them and I really don't want to commit to that and more over I'm based in sheffield so don't think in 4 days id get one of these cards. I've looked at khalifa card but ukash looks better.
    Tbf I might just get cash!
    But as I wondered and as per the title has anyone used the two sites mentioned in the title

    One is £500 per month and the other is £750. Can be shuffled in and out within a day or two. How does that translate to....
    Most of those cards are 750 pound or equivalent every month to maintain them
    Are you one for hyperbole?
    I wasn't suggesting that you get one of the above for this trip. Just letting you know what is available.
    With Ukash, you've committed your money to a foreign currency. With Kalixa, your money stays in Pounds until you use it.
  • Thanks nifty. I understand what your saying but ideally my thread was about if anyone used these sites. For my next trip I may well use and apply for one of those cards,but as of now I wouldnt be able to get one in 4 days so it'd be a no for me. I need a money option that will arrive next day
  • NiftyDigits
    NiftyDigits Posts: 10,459 Forumite
    Thanks nifty. I understand what your saying but ideally my thread was about if anyone used these sites. For my next trip I may well use and apply for one of those cards,but as of now I wouldnt be able to get one in 4 days so it'd be a no for me. I need a money option that will arrive next day

    No one here is going to guarantee that your cash will arrive the next day....unless they work for said company.
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