Feeling ripped off by Thomas Cook

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  • Caz3121
    Caz3121 Posts: 15,545 Forumite
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    Many places advertise their buy and sell rates
    eg M&S standard sell rate - 1.0788 (€100 would cost you £92.70)
    M&S buy rate 1.2358 (€100 would get you £80.91)
    so bringing back €100 of unused currency to change back would cost you about £12 which is why many people suggest keeping them for next time or selling to a friend
    You may feel ripped off but this is standard
  • Caz3121
    Caz3121 Posts: 15,545 Forumite
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    sam - self promotion is not allowed. - you previously if anyone had used them as you were thinking of booking with them - but you appear to have the company as your home page! - your post will get deemed as spam and removed
  • NoodleDoodleMan
    NoodleDoodleMan Posts: 3,370 Forumite
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    edited 17 September 2018 at 8:11PM
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    I had a quick look at Euro rates at Post Office this morning - Buy Back was 13 cents above the Sell rate - which is probably much in line with Thomas Cook's FX rates today.

    You would have experienced more or less the same alleged "rip off" deal elsewhere, so no grounds to pinpoint TC specifically, that's how they all operate.
  • 814man
    814man Posts: 401 Forumite
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    You can put rip off in the title and mention it as often as you like but the reality is that you were not ripped off. You lost out financially as a result of entering into a financial transaction that you did not fully understand. Learn the lesson and thanks for posting on here as I suspect that you are not alone in not fully understanding this and hopefully others may learn as well.
  • NoodleDoodleMan
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    I'd recommend a "user friendly" credit or debit card to the OP for future use abroad - then he can withdraw as little as he needs from an ATM on a daily basis, and not return home with a wad of redundant foreign currency.


    https://www.moneysavingexpert.com/credit-cards/travel-credit-cards/
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