Finding the best exchange rate
With foreign exchange rates going up and down from one minute to the next, it’s not easy to predict the best time to buy your travel money. But, assuming you don’t have a crystal ball, there are things you can do to get better rates. Here’s our handy hints** to getting the best exchange rate for your holiday money.
1. Do your research
Start keeping an eye on the exchange rate for the country you’re travelling to. Our handy exchange rate chart gives you real time currency conversions based on the Travelex.com.au exchange rate, so you can see if it's a good time to buy with us. Or you can try our currency converter if you want to check what you’ll get for a specific amount.
2. Look at the total cost, not just the rate
It’s important that you check the total price when you’re looking at buying currency, not just the exchange rate itself. That’s because other costs, like commission, credit card fees and delivery charges, can mean you’re paying more than you think.
Commission
Some companies will charge commission to exchange your money. The good news is there’s absolutely no commission when you buy online at travelex.com.au.
Some companies will charge commission to exchange your money. The good news is there’s absolutely no commission when you buy online at travelex.com.au.
Card fees
Lots of companies charge extra if you pay by credit or debit card. When you order with Travelex, there’s no charge if you pay by BPAY.
Lots of companies charge extra if you pay by credit or debit card. When you order with Travelex, there’s no charge if you pay by BPAY.
Delivery
No one wants a delivery fee added at the last minute. Order your foreign currency with Travelex and this won’t happen – it’s totally free to pick it up in store or at the airport.
No one wants a delivery fee added at the last minute. Order your foreign currency with Travelex and this won’t happen – it’s totally free to pick it up in store or at the airport.
3. Order online
Planning ahead usually pays off – you’ll get our best* rates when you order online and collect your currency in store. It’s quick, easy, and means there’s one less thing to worry about before you go away.
4. Lock in your rate with a Travelex Money Card
If you choose a Travelex Money Card to take your money overseas, you can lock in the exchange rate on the day you buy. That way you’ll always know exactly what you’re spending, and you won’t lose out if the exchange rate takes a dive.
Find out more about our Travelex Money Card
5. Don’t worry if you have leftover currency
Add the Travelex Rate Advantage when you buy your travel money and you can change it back to dollars at a really competitive rate when you get back. Then you won't lose out on the value of your currency if you take more cash than you spend.
