What is best deals for exchanging foreign currency?
TRAVELLERS now have a wealth of commission-free currency deals to choose from, although it is generally cheaper to use your debit card abroad. However, card providers have been upping their charges, which has eaten into the savings, and many people prefer to have cash on them before they leave the country. Here, we guide you through the best options. The good news for holidaymakers is that competition in the foreign-exchange market is fierce and numerous providers now offer commission-free currency. These include the Post Office, Marks & Spencer and Thomas Cook as well as many of the high-street banks. However, the fact that many have abandoned charging commission means they recoup that money in other ways – usually by taking a greater margin on the exchange rate. It is therefore still important to search out the best deal. Generally speaking, the worst place to get your currency is at the airport. In a mystery shopping survey conducted last Tuesday, Travelex was offering an exchange r
Where to find the best deal for your foreign currency TRAVELLERS now have a wealth of commission-free currency deals to choose from, although it is generally cheaper to use your debit card abroad. However, card providers have been upping their charges, which has eaten into the savings, and many people prefer to have cash on them before they leave the country. Here, we guide you through the best options. The good news for holidaymakers is that competition in the foreign-exchange market is fierce and numerous providers now offer commission-free currency. These include the Post Office, Marks & Spencer and Thomas Cook as well as many of the high-street banks. However, the fact that many have abandoned charging commission means they recoup that money in other ways – usually by taking a greater margin on the exchange rate. It is therefore still important to search out the best deal. Generally speaking, the worst place to get your currency is at the airport. In a mystery shopping survey condu
