Travelex Foreign Currency - HAPPY HOUR - 29/04/14 - 11am to 1pm
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Travelex Foreign Currency - HAPPY HOUR - 29/04/14 - 11am to 1pm

55
Found 25th Apr 2014
Hi guys and gals,

With a bit of insider information I have been advised that on Tuesday 29th April Travelex will be running their Happy Hour (2HRS INFACT)

This means at 11am the rates will increase closer to the interbank transfer rates (the ones that everyone sees in the newspaper) for 2 hours, it will allow people to either order online and have delivered their foreign currency or order online and collect 4 hours later in a Travelex branch at the airport or ferry port! This guarantees you the best rate available that day from any mainstream bureau de change! Remember this can be booked for collection upto a month in advance if you want to take advantage of the offer but are not flying or jumping on a ferry instantly!

The usual jump is around 0.50% of the rate that day, but does have a habit of being more dependant on the particular currency

55 Comments

I always use Travelex- I think they're the best ,they have these happy hours every month or two ,even better rates than normal , always use these happy hours to load up my currency card . Hot for me for the reminder

thanks I will def use this on Tues!

gonna have to put a reminder on my phone about this, hope the rate is good because its currently less than on the high street.

Thanks by the way!

Grrrr... Ordered €900 from FairFX just this morning

BigBuds

Always found these unbeatable and very efficient- … Always found these unbeatable and very efficient- http://www.bestforeignexchange.com


Nice rates, shame the postal cost negates any saving.

Don't forget quidco From memory, it's 0.5% cashback.

Guys if you go abroad often may I suggest this: nandp.co.uk/cur…nt/. You need to pay in at least £500 each month (otherwise £5 charge a month) and you can pay withdraw absolutely free.
I hold a gold light (now gone) and have been using the card in Italy, France, Australia. No charges and best rates (visa).
Edited by: "sconto" 25th Apr 2014

ronaldmacdonald

Nice rates, shame the postal cost negates any saving.



Forget the postal costs. If buying online then, according to MSE:

Warning! You can't pay by credit/debit card, meaning you are less protected.

sconto

Guys if you go abroad often may I suggest this: … Guys if you go abroad often may I suggest this: http://www.nandp.co.uk/current-account/. You need to pay in at least £500 each month (otherwise £5 charge a month) and you can pay withdraw absolutely free.I hold a gold light (now gone) and have been using the card in Italy, France, Australia. No charges and best rates (visa).



Or get a Halifax clarity card.

Serious question: If you were looking to transfer around 90k-100k sterling into Euros, what would be the best way to go about this?

l33t-krew

Serious question: If you were looking to transfer around 90k-100k … Serious question: If you were looking to transfer around 90k-100k sterling into Euros, what would be the best way to go about this?



Go to some transfer shops that specialise in swift intl payments. They will offer close to insitutional rates. Much better than any bank who will take you for a ride.

You also will not get charged silly bank fees

Go through Quidco or TCB as well and buy your currency through Travelex then also check ThomasExchange and if the rate is better, send in for a price match and you will be refunded the difference.
Ah, and be aware that their online rates are better than those in branches at ports.
Edited by: "Copperface" 25th Apr 2014

I dont understand why you'd get excited about being able to get close to the interbank rate, when there are free credit cards out there that give you the interbank rate.

Then just use the card abroad like you would at home, cash points, shops, restaurants etc. You can generally get euro's from British airport cash machines on your way out (you can in Bristol so assume its everywhere).

Original Poster

Coming from the bloke who posted this, as well as a metro bank account holder, I can comfortably say this isn't a bad deal, but being with Metro bank is better, I get the Mastercard Europe exchange rate that day when making purchase and making ATM withdrawals and don't get charged, there are no requirements for making regular deposits of any size and you get a Contactless Mastercard Debit card! Their customer service is second to none, their branches are open from 9 am til 8 pm Monday - Friday 9 am til 6 pm Saturdays and 10 am til 4 pm Sundays, and they only close 2 days a year Xmas day and easter Sunday!

We all need to switch banks if this is the future of UK bank accounts

frumpyoldman

Coming from the bloke who posted this, as well as a metro bank account … Coming from the bloke who posted this, as well as a metro bank account holder, I can comfortably say this isn't a bad deal, but being with Metro bank is better, I get the Mastercard Europe exchange rate that day when making purchase and making ATM withdrawals and don't get charged, there are no requirements for making regular deposits of any size and you get a Contactless Mastercard Debit card! Their customer service is second to none, their branches are open from 9 am til 8 pm Monday - Friday 9 am til 6 pm Saturdays and 10 am til 4 pm Sundays, and they only close 2 days a year Xmas day and easter Sunday! We all need to switch banks if this is the future of UK bank accounts



You forgot to mention that you can take your bags of coins in there, pour them into the machine and get the receipt, take to the counter and get the full whack....even if you're not a customer Though if you have any sense that should make you a customer, plus they hand out lollipops to your kids !
Edited by: "roame" 25th Apr 2014

[

l33t-krew

Serious question: If you were looking to transfer around 90k-100k … Serious question: If you were looking to transfer around 90k-100k sterling into Euros, what would be the best way to go about this?



Open a multi currency off shore account. So Sterling and Euro in your case. Transfer your 100k into the sterling account and then simply move across to your Euro account. You can get really excellent rates but shop around. NedBank is one that I know of.

So using a prepaid card in stores or ATM's, will not charge any additional charges (other than those ATM's which are not free). Is this correct?

Tacticality

So using a prepaid card in stores or ATM's, will not charge any … So using a prepaid card in stores or ATM's, will not charge any additional charges (other than those ATM's which are not free). Is this correct?



i seem to remember looking into this and reading bad reviews, people saying that the travelex card wasn't accepted in most places - but I'll wait for someone more informed to comment....

Original Poster

Pre - paid Mastercard Debit cards have their place, in europe (especially in Germany) it's a much safer bet than carrying your Visa debit card from home, this may sound weird but regional variances in card acceptance are quiet common, when cirrus/maestro/Mastercard are all operated by Mastercard group it is safe to say Mastercard acceptance is extremely high in places like Germany because those are the types of card that are being issued by the banks, however that's the direct opposite in USA, Visa is more prominent, Mastercard is a minority, with this in mind finding places in the USA to accept the card isn't difficult but more challenging than it should be! Some ATM'S in the US have been know not to recognise the Mastercard as a debit card and think it's actually a credit card, and because of this people are finding machines that charge more than the possibly should for using a machine! Hence me liking cold hard cash!

mirrorsaw

i seem to remember looking into this and reading bad reviews, people … i seem to remember looking into this and reading bad reviews, people saying that the travelex card wasn't accepted in most places - but I'll wait for someone more informed to comment....


Had the Travelex "Cash Passport " card for years , once loaded with the currency of your choice no fees to pay ,has always worked wherever I've been though I only use it for ATM withdrawals .Safer than carrying cash.

frumpyoldman

Coming from the bloke who posted this, as well as a metro bank account … Coming from the bloke who posted this, as well as a metro bank account holder, I can comfortably say this isn't a bad deal, but being with Metro bank is better, I get the Mastercard Europe exchange rate that day when making purchase and making ATM withdrawals and don't get charged, there are no requirements for making regular deposits of any size and you get a Contactless Mastercard Debit card! Their customer service is second to none, their branches are open from 9 am til 8 pm Monday - Friday 9 am til 6 pm Saturdays and 10 am til 4 pm Sundays, and they only close 2 days a year Xmas day and easter Sunday! We all need to switch banks if this is the future of UK bank accounts



Except there aren't any branches outside London and you have to go in to open an account. If this is the future of banking we're screwed

Original Poster

Except there aren't any branches outside London and you have to go in … Except there aren't any branches outside London and you have to go in to open an account. If this is the future of banking we're screwed


I'll give you that one, but as a member of the t'internet generation I have only ever used a branch twice in 18 months, once to open, and once to replace my debit card, which of course they do instantly in branch, I don't get cheques, I get people to ping or PayPal stuff to me of they owe me money, and you are right if I wanted a branch I have to travel 70+ miles to go to a branch, I does however give me an excuse to go to a rugby game or two, and the occasional band as an excuse to go to our fair capital.

More over the intended spread of branches is supposed to be 200+ by 2020 with planned branches already for places like Milton Keynes, Brighton & Maidstone, they are taking their expansion seriously, so why have half a million people signed up with them???

Either way each to their own, Metro are the best alternative for me they're more local to me than the other player in the fee free european transaction market.

Edited by: "Metal_gee_man" 26th Apr 2014

The Metro branch in MK is already open.

Great deal and links

Heat Added. I've got 2 questions if someone can answer. I'm off to Marbella Friday morning

1. Is this likely the best euro rate I will get ?
2. Will I definitely receive them in the post by Thursday if I order in this 2 hour window on Tuesday ?

Hmmm we don't know the rates yet. They may be no better than others normal rates so reserving vote but if I had to vote as of today then it would be stone cold.

Original Poster

Unless the market falls flat Monday morning, it will be today's rate plus 0.5%, so 1.19193€! And I would collect from the airport if you have a choice, Marc001uk here's a list of locations for collection: Your text here

frumpyoldman

Unless the market falls flat Monday morning, it will be today's rate plus … Unless the market falls flat Monday morning, it will be today's rate plus 0.5%, so 1.19193€! And I would collect from the airport if you have a choice, Marc001uk here's a list of locations for collection: Your text here



Flying from Gatwick unfortunately

Lol 0.5%. I can hardly contain my excitement.

WillieGophar

Grrrr... Ordered €900 from FairFX just this morning




FairFX always pay more than Travelex, and give a far better service.

glycoman

[Open a multi currency off shore account. So Sterling and Euro in your … [Open a multi currency off shore account. So Sterling and Euro in your case. Transfer your 100k into the sterling account and then simply move across to your Euro account. You can get really excellent rates but shop around. NedBank is one that I know of.



kamakazi

Go to some transfer shops that specialise in swift intl payments. They … Go to some transfer shops that specialise in swift intl payments. They will offer close to insitutional rates. Much better than any bank who will take you for a ride.You also will not get charged silly bank fees



Thanks for the information, will relay it (unfortunately I'm not the one with 100,000 haha.

l33t-krew

Serious question: If you were looking to transfer around 90k-100k … Serious question: If you were looking to transfer around 90k-100k sterling into Euros, what would be the best way to go about this?

Moneycorp are very good - You can manage your account online or with a specialist dealer.

Inactive

FairFX always pay more than Travelex, and give a far better service.


I used FairFX last year and was very pleased with their rate and their service, as you say.
Hopefully the Travelex 'Special Rate' won't be much, if any, better than what I got this year.

if i pay for my travel money from travelex on a credit card, will it count as a purchase or cash advance on my credit card? as if it counts as purchase i have 30 odd days to pay back but if it counts as cash advance, i'll be getting charged intrest daily, won't i? thank's in advance if anybody know's. I normally just exchange at post office.

frumpyoldman

Unless the market falls flat Monday morning, it will be today's rate plus … Unless the market falls flat Monday morning, it will be today's rate plus 0.5%, so 1.19193€! And I would collect from the airport if you have a choice, Marc001uk here's a list of locations for collection: Your text here



I was going to take advantage of this today, but have just noticed they no longer have a collection point in Birmingham Airport! oO

Travelex also price match and getting them to price match gives you a better rate than their happy hour. Find a rate online and they will refund you the difference. And you don't have to wait for happy hour
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