How do you get your Euro travel money? If you`re paying higher rates on a credit card or at the airport, try a FairFX Currency Card and see how much you can save on your next trip!
The global economic crisis has led to instability in the currency market, in that exchange rates are changing all the time and this will affect how much euro you will receive for your pound. As your holiday approaches you should think of shopping around to see where you can get the best currency rates.
You may not like taking too much ready cash with you when you go away as you pay for most things on your credit card; however, it never hurts to have some cash available when you go abroad. There is a tendency for many travellers just to wait for their travel agent and to buy their currency through them, but this is not always the cheapest way of doing things. You should shop around for the best deals on euro travel money, just as you would for anything else. When it comes to currency exchange, all rates are not equal. If you have already paid a great deal of money for your approaching holiday, then it makes sense to save some cash on your currency. There are a number of places where you can buy the currency you need without having to go with the rate offered by your bank or travel agent. Most people, for example may not be aware that it is possible to buy a currency card, or to get your foreign money at the local post office. Whatever you decide you should never leave getting your euro travel money until the last minute.
It is true that rates change daily but if you leave getting your currency until late on in the proceedings you could end up spending a lot more on it than you first intended. When you leave currency until the last minute, exchange bureaus may take advantage and raise their service charges because they know your options are limited and you could pay as much as £35 for your currency. Several businesses list their currency exchange services on the internet so you could begin your search for cheaper foreign currency online. While you are abroad, remember to spend all of your loose foreign currency, as many currency dealers will not refund on anything less than a certain denomination note.
You may not know it but a bureaux de change that says it does not charge for currency exchange, could prove expensive because you may get a lower rate of exchange. Before you buy anything you should compare at least some of the offers from online exchanges as this will give you a better picture of what is going on. Many online exchanges have collection points for you to collect your foreign money before you go away at airports and bus and rail terminals. When you do go to buy your euro travel money you may find that you can opt for One thing you should never rely on is using your debit card to draw out money when you are away as you will be charged for this and it could well wipe out any other savings you have made. Getting your euro travel money early will save you a deal of grief at a later date.
Thursday 25 March 2010, 05:13pm
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