Compare travel money
Swanning off somewhere lovely? Make your mojito money go further with these foreign exchange deals.
If you’re jetting off to a far away place (or even one close by) that has a different currency, you’re going to need some money to pay your way. Finding the right foreign exchange provider can be a tricky affair, so we’ve simplified things with our comparisons. Whether you’d like cash, debit card, cheques or an app, we’ve got it all covered.
Have you thought about a digital bank?
It’s worth bearing in mind that while the traditional way of getting travel money is all well and good, there’s a range of digital apps that can make the process even simpler. These include Starling, Revolut and N26. If these new age solutions float your boat, you can read our guide to learn more about them.
Travellers cheques were once a widely used form of travel money, but they’re going the way of the dinosaur. You can weigh up whether they’re worth your time below:
How a travellers cheque could still work for you
- Safe and secure. Travellers cheques are an extremely secure method to spend money overseas. They can be easily replaced if lost or stolen.
Things to keep in mind
- Cost. You might be charged a purchase fee when you first pick up your travellers cheque.
- Acceptance. Travellers cheques are generally accepted less often than Visa or Mastercards.
- Ease of use. Travellers cheques can be bulky and awkward to carry. Plus, you’ll have to go to the effort of getting them cashed rather than having immediate access to your cash like you would with a card.
Bottom line: Consider which travel money option is best for you
Whether you prefer to use a prepaid travel money card, your own credit card, travellers cheques, or cash, it’s always worth doing your research to figure out which option will offer you the best bang for your buck.
Some credit cards already offer decent fee-free exchange rates for spending overseas, so check with your credit card provider to see what terms it offers when you use your card abroad. Depending on where you’re going, traveller’s cheques may be a better option. This could be especially true if you’re going somewhere more isolated, with less recourse for using credit and debit cards.
Wherever you’re going, there’ll be a travel money option that meets your needs.
Frequently asked questions
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