US ($) Currency Thread 1 (closed - use thread 2)

jackieblack

veggie4life wrote: »

I'm just debating how to order my currency for NY. It's actually my son going and I was going to order travellers cheques but it seems you have to pay an extra fee when you purchase them and then when you exchange them at the bank ? Also hes 17 so I don't know if he could use a prepaid card :-s

I have always bought $ travellers cheques and used them to pay in shops/restaurants etc just like cash.
I have read that some shops have stopped accepting them but I have not experienced this personally.
I've never paid a fee either to buy or spend them. (I usually buy from either my bank, M&S or Tesco.)

steveo3002

veggie4life wrote: »

I'm just debating how to order my currency for NY. It's actually my son going and I was going to order travellers cheques but it seems you have to pay an extra fee when you purchase them and then when you exchange them at the bank ? Also hes 17 so I don't know if he could use a prepaid card :-s

not sure you pay an actual fee to buy them, but they wont be at a very good rate at all

its free to spend them once you are there

why not sign up for a nationwide card and get the true rate

FEvans

the rate would be the same as if you were buying actual dollars

johnpaul74

Does anyone know who is providing the best exchange rate?

steveo3002

theres a link on the first page for best rates

dizzybee

coop travel are offering the Doller at 1.50 anyone know if this is the best rate around,

steveo3002

doesnt look too bad , although its been creeping up the last week so maybe hold on if you dare?

you'd get 1.54 today if you used a nationwide card over there

https://www.crowncurrencyexchange.com/content/us-dollars.asp can beat it a little bit

veggie4life

wow a very steep fall today !

007JUNKY

veggie4life wrote: »

I'm just debating how to order my currency for NY. It's actually my son going and I was going to order travellers cheques but it seems you have to pay an extra fee when you purchase them and then when you exchange them at the bank ? Also hes 17 so I don't know if he could use a prepaid card :-s

Pre paid cards are a bit of a sham really you can get charged for withdrawing the money and also you can be charged for transactions so check that first. If you look at a site called www.travelmoneyservices.co.uk they are offering fantastic rates on the dollar. But get in quick looking at the site today the dollar has dropped by 3 cents today alone

gordylad

Yup as we speak down over 5c