Buying Travel Money Online - Top 10 Companies

Post Office

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Commission Rate0%
Free Orders£2500
Free Buy BackFree
Handling FeesFree
Delivery OptionsHome - Post Office Branch

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Travelex

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Commission Rate0%
Free Orders£500
Free Buy Back£7.50
Handling FeesFree
Delivery OptionsHome - Branch - Airport

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Moneycorp

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Commission Rate0%
Free Orders£500
Free Buy BackFree
Handling FeesFree
Delivery OptionsHome - Branch - Airport

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RationalFX

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Commission Rate0%
Free Orders£400
Free Buy BackNo
Handling FeesFree
Delivery OptionsHome

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Fairfx

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Commission Rate0%
Free Orders£500
Free Buy BackN / A
Handling FeesFree
Delivery OptionsHome

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Buy Travel Money Online

After planning for a trip, it is advisable to get to down to the fine details. This is because you will not get very far if you lack the means of paying for your travels. There are various types of travel money such as cash, debit card, travellers checks, prepaid travel cards and even credit cards.

Why buy travel money online

There are several benefits of buying travel money online, the main ones include the following:

  • Ordering for travel money online is a very easy process.
    Clients are only required to do the following:

i. The currency to be bought is entered as well as the amount.
ii. The best deal is selected
iii. The purchase is made
iv. The travel money is delivered to the desired destination, it could be the client’s home or even place of business.

Buying Travel Money Online

• Buying travel money online allows you to compare from a large and single pool of providers. This will enable you to get the best deal.

  • Purchasing travel money online has the advantage of getting competitive exchange rates.

  • Buying travel currency online is beneficial as it is commission free.

• It saves a significant amount of time that would have otherwise been wasted in travel time as well as expenses. Furthermore, it is convenient as it can be done anywhere so long as there is an internet connection.

  • Travel money that is bought online is normally delivered to the home address of the client. It eliminates a lot of hassle.

Buying Travel Money Online

Pros and cons of various travel currencies

  1. Cash

Cash Vs. Travel Money Pros

These include:

  • It is convenient especially for those travelling in their native countries because they do not need ATMs or banks.
  • There is a high likelihood of paying less for a cash exchange in another country for the local currency compared to other forms of payment.

Cash Vs. Travel Money Cons
These include:

  • It poses a security risk because it can be stolen with ease and has no replacement.
  • People traveling to foreign countries will be forced to visit banks to exchange cash for local currency.
  • Cash is awkward to carry and bulky.
  1. Debit card

Debit cards Vs. Travel Money Pros

These include:

  • Are small and therefore easy to carry with you safely.
  • It helps people to stay within their budget as it withdraws money from a checking account that can be depleted.
  • It allows you to visit ATMs and utilize the card to draw local currency automatically. Transaction and conversion fees appear on the user’s bank statement.
  • It can be used in several countries especially if it belongs to major networks like Cirrus or Plus.
  • It is relatively hard to steal compared to cash especially if it is properly protected.

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