Get More For Your Money When Exchanging Currency

02 June 2011 - Which Way To Pay

Email Article Print Article

Get More For Your Money When Exchanging Currency

If you are considering exchanging a large sum of money before going on a foreign holiday, do not wait until you get to the airport to go to the currency excahnge desk.

If you choose to buy travel money at the airport you will probably be levied $12 on every $100 you change. This exchange rate is far too high.

Using a prepaid foreign currency card will get you a far better deal. The more you change in one go, the more you will save.

Many people take money out from ATMs when they get to their destination. However, this method often leads to travellers incurring hidden costs: “Foreign exchange loading fees” are the banks’ term for charging you for withdrawing currency.

As always, a little bit of research goes a long way. Find out who will get you the best exchange rate when you need to swap money.



Compare Foreign Exchange and Currency >>

Compare Loan and Debt Products >>

Compare Cards Products >>

Compare Money Products >>

Pet Insurance. Most family's have that loved pet in there life , lets make sure they are insured .
31 August 2018
Which Way To Pay
Pet Insurance is something that not everyone is aware of and how it can save you thousands of Dollars.
Avoid the middle man when wanting to lend some extra funds.
04 April 2017
Which Way To Pay
Peer to peer lending is one of the best ways to lend money as your are basically cutting out the middle man.
More and More Canadians on a daily basis are purchasing the incorrect Travel Insurance policy's they need for the trip they have planned.
30 August 2016
Which Way To Pay
Studies have n recently more and more Canadians are purchasing the incorrect Travel Insurance covers which is then causing problems when the claims are to be made.