How to Get a Deal on Your Travel Money

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Written by: Chris Foxton Head of Travel Money, Asda Money 16 Nov 2020

Buying your travel money is an important part of any holiday checklist when you’re going abroad, and it’s easy to worry if you’re getting a good deal. Whether buying Euros or currency for somewhere farther afield, there are lots of different places offering different exchange rates and travel money offers, so we’re here to try and simplify things a bit.

Is it a good time to buy Euros?

There are many different things affecting the value of the Euro at the moment, from Brexit to coronavirus, and any number of unknown things that might happen in the future. It’s a good idea to keep an eye on the pound to Euro exchange rate ahead of your holiday, so you can buy your holiday money when you find an exchange rate that works for you.

However, you should look for big differences rather than the tiny changes that happen every day. The value of the Euro against the pound goes up and down all the time, but is usually too small to make a big difference to your spending money.

Where can I get the best exchange rate?

Local exchange bureaux are a good place to start to get a good rate, as they’re usually pretty competitive. They can also often have holiday money deals such as our Price Promise – which promises to beat any exchange rate within 5 miles of our bureaux.

Comparing providers online can also be a good way to see the different rates available, offering a wide spread of options in advance of your holiday. Giving yourself plenty of time before you travel means you can take the time to find a good deal.

What is the cheapest way to exchange currency?

There are several different options for buying foreign currency abroad, and some are cheaper than others. The key to getting a better deal for your money is planning and ensuring you’ve put some research in before you make your exchange. Buying ahead of time from a local bureau in particular can often mean you could get a cheaper deal.

Another option is to use a travel money card instead of buying cash, such as the Asda Money Currency Card. You can load it up with the currency you need ahead of your journey, and avoid the need to visit exchange bureaux when you’re travelling.

Asda Travel Money

We offer a handy travel money service where you can buy your travel money online or in-store. Order online and get your currency delivered to your door, or use our Click & Collect service, or head to your local Asda Money bureau. Check out our Travel Money page for more details and to see the latest travel money rates.

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