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Air Money review?

Hi, I hadn't heard of Air Money before but they seem to offer quite competitive rates just now but I'm a bit wary of using a company I'm not familiar with.


Has anyone had any experience with them?

Comments

  • eDicky
    eDicky Posts: 6,835 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper
    air.money is a start-up owned by City Forex Ltd (established 2004), who are registered with the FCA (#524412).

    The actual exchange rate they give is obscured, you are expected to accept the cost for the amount you want by using a slider scale, with the claim that the rate is better the more you buy. Right now for £1000 they give €1140 - a rate of 1.140 when the mid-rate is 1.162

    Why pay these margins to buy cash when you can get the perfect MasterCard or interbank rate by using a suitable card for travel?
    Evolution, not revolution
  • I have used cards in the past but that won't work for us this time. We need to be able to get the cash before we leave.
  • eDicky
    eDicky Posts: 6,835 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper
    So have you tried this?

    http://travelmoney.moneysavingexpert.com/

    (I see airmoney is there, perhaps that's how you found them...)
    Evolution, not revolution
  • Yes that is how I found them but I was looking for some customer feedback.
    Thanks anyway.
  • Try John Lewis currency, might not be the top rate but always a decent rate with the backing of John Lewis got to be secure.

    I've used them several times and never been let down - very easy to use and the rate online is the same as in their stores.

    This is a fixed rate for the day I believe.
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