TRAVEL MONEY INFORMATION

Please see information on Travel Money below.

        

Most Australians travel at one point or another in their lives whether it's not too far afield, to Bali and the South Pacific, or whether it's to Europe or the Americas, it is useful to have some local currency in cash with you.

Some shops and restaurants refuse plastic and you may want to pay a tip or buy something small from a market stall cash will be essential. Some countries refuse credit or debit cards altogether!

So, where can you best buy foreign currency? Many people will just leave it to the bureaux de change at the airport. As long as there isn't a long line of people in front of you, you can buy your currency pretty quickly.

But have you noticed that they add commission fees on top? And have you looked at the exchange rates they offer? They are generally poor. Overall, the customer gets a bad deal this way.

Online Travel Money order Cash in Advance

Luckily, you can purchase travel money up to 3 weeks in advance of your trip abroad by using an online travel money provider. This is a much better value way of getting foreign cash and they might even be able to deliver the currency to your door!

Exchange Rates and Commission Fees

The exchange rates offered by online travel money companies are generally very competitive and much better than the ones offered at small high street branches or at the airport.

Each company offers its own rates so make sure you compare them before choosing your preferred service. They will also rise and fall each day (or even more than once a day) so keep an eye on them. Commission is rarely charged but just check this beforehand.

Some companies might charge for their home delivery service so check to see if this is relevant. Take your time and shop around because you could make a notable saving on your overall travel costs by using a good travel money provider.

Free Buy back!

Some travel money companies offer free 'buy back' on currency which you bring back from your holiday. That means they'll buy it back from you without charging commission or other fees. Check if your provider can do this for you.

        


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