Best place for exchanging cash to euros

Options
Hi all,

I'm looking to exchange a small amount of pounds to euros before we go to Greece next month and was wondering where the best place to do that is please

Kind regards Mark 

Comments

  • Ganga
    Ganga Posts: 4,159 Forumite
    First Anniversary Name Dropper First Post
    Options
    Do not do it at the airport ,the exchange places at airports normally have terrible exchange rates.
    ITS NOT EASY TO GET EVERYTHING WRONG ,I HAVE TO WORK HARD TO DO IT!
  • JosephK
    JosephK Posts: 242 Forumite
    First Anniversary Name Dropper First Post
    Options
    So long as you don't do it at the airport, if it's only a small amount the difference anywhere else (most convenient travel agent, post office, supermarket facility) will be minimal
  • DullGreyGuy
    DullGreyGuy Posts: 10,801 Forumite
    First Post First Anniversary Name Dropper
    Options
    JosephK said:
    So long as you don't do it at the airport, if it's only a small amount the difference anywhere else (most convenient travel agent, post office, supermarket facility) will be minimal
    I guess it depends on where you live and how much you are going to change. For £500 there is about a €10 spread in London (which probably has more specialist exchanges giving better rates)

    The real question is what's the need of getting cash before you travel? Even the best London rate you're losing £5 compared to what Mastercard would charge on an Euro ATM charge via fee free card like Starling. 
  • Giraffe76
    Giraffe76 Posts: 172 Forumite
    First Post First Anniversary Combo Breaker
    Options
    JosephK said:
    So long as you don't do it at the airport, if it's only a small amount the difference anywhere else (most convenient travel agent, post office, supermarket facility) will be minimal
    Hi,
    Thanks for your reply. When you say a small amount how much do you mean please?
  • eDicky
    eDicky Posts: 6,588 Forumite
    First Anniversary Name Dropper First Post
    Options
    I would say it's about 2-3% margin that you will pay to exchange cash in UK, compared to the daily MasterCard or Visa rate obtained at a Eurozone ATM using a fee-free card. Such cards are quick and easy to obtain and can of course be used for non-sterling payment directly, whereas regular cards involve a similar (varying) levy of 2-3% for such use.
    Giraffe76 said:
    When you say a small amount how much do you mean please?


    Evolution, not revolution
  • JosephK
    JosephK Posts: 242 Forumite
    First Anniversary Name Dropper First Post
    Options
    Giraffe76 said:
    JosephK said:
    So long as you don't do it at the airport, if it's only a small amount the difference anywhere else (most convenient travel agent, post office, supermarket facility) will be minimal
    Hi,
    Thanks for your reply. When you say a small amount how much do you mean please?
    About £200at most. Not needed even that for some years as credit cards so widely accepted but make sure you use a fee-free one
Meet your Ambassadors

Categories

  • All Categories
  • 343.6K Banking & Borrowing
  • 250.2K Reduce Debt & Boost Income
  • 449.9K Spending & Discounts
  • 235.7K Work, Benefits & Business
  • 608.7K Mortgages, Homes & Bills
  • 173.3K Life & Family
  • 248.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 15.1K Coronavirus Support Boards