Your money is NOT protected.
We never received our money. The man involved has been sentenced to 2.5 years prison. However we have had no support from Compare Holiday Money who accept no liability then had the audacity to tell us they had lost money to in the scam.Buying foreign currency with a credit card means you might be charged interest, even if you pay off the amount in full each month. You might also face extra charges and fees from your card and travel money provider.
Currency orders from other online providers are more immediate, with currency sent out on receipt of payment. Using a credit card might offer consumer law protection but it is generally a bad idea because you will typically pay a fee and a high rate of interest from the moment of purchase.
The cheapest way to buy foreign currency is online. Shopping around online allows you to compare banks, currency providers and travel agents. You can compare currency exchange rates, commission fees, postage costs and whether or not you can collect your foreign travel money at the airport or at a local branch.
We're proud of our current Trustpilot score of 9.2 out of 10 and overall rating of 'Excellent', but are constantly striving to offer and even better service.
The best place to buy euros is Ice Currency Exchange. It's worth highlighting that this is the online rate - so if you want a cheap deal you'll need to order it online rather than in a store.
Who are NM Money? NM Money is a trading name of NM Mortgages Ltd and eurochange Ltd. Both companies are members of the NoteMachine group, which provides products and services to over 2 million customers and handles over 200 million transactions each year.
Buy travel money online and at great rates for over 70 currencies, commission-free. Plus by placing a Pay & Collect or Home Delivery order (and paying online) you'll secure today's Web Rate. We offer improved holiday money exchange rates on over 20 currencies so boost your rate by buying more!
Be aware that many specialist foreign exchange providers offer much better rates over the internet. Plan ahead before you travel and order cash online to pick-up in-store or deliver through the post, and you tend to get a much better rate than the high street.
To get your
euros quickly and at a great
rate, buy using our Click & Collect service. They can be ready to collect in two hours from your nominated
Post Office if you order by 2pm Monday - Friday.
Buy your euros from the Post Office.
| Pound | Euro |
|---|
| 100 Pound (GBP) in Euros = | €112.40 |
| 200 Pound (GBP) in Euros = | €224.80 |
Recent research shows that some of the non-euro currencies are weaker than in summer 2019 but the euro is now up by over 10% compared to August 2019, meaning now is a good time to buy at least some of your travel money for the summer.
Compare Travel Money: Best EUR Tourist Exchange Rates
| Currency Supplier | Best Tourist Rate | £500 in EUR* |
|---|
| The Currency Club | 1 GBP = 1.1214 EUR | 560.7 |
| Sainsburys | 1 GBP = 1.1191 EUR | 559.55 |
| ICE | 1 GBP = 1.1190 EUR | 559.5 |
| No1 currency | 1 GBP = 1.1190 EUR | 559.5 |
Best & Worst Banks/Credit Unions for Exchanging Currency:
| Top 3 | Bank/Credit Union | % Higher Than Credit Card / Debit Card |
|---|
| 1 | State Employees Credit Union | 10.33% |
| 2 | BB&T | 10.80% |
| 3 | Comerica | 12.65% |
Highest pound to euro rate ever
An all-time high of €1.752 occurred on 3rd May 2000.Resist the urge to buy foreign currency before your trip.
Some tourists feel like they just have to have euros or British pounds in their pockets when they step off the airplane, but they pay the price in bad stateside exchange rates. Wait until you arrive to withdraw money.Your bank or credit union is almost always the best place to exchange currency.
- Before your trip, exchange money at your bank or credit union.
- Once you're abroad, use your financial institution's ATMs, if possible.
- After you're home, see if your bank or credit union will buy back the foreign currency.
The pound is stronger against the dollar, but weaker against the euro, as concerns over the virus shake the global economy. The pound sterling has gone down in value against the euro, but it is up against the dollar, in mixed news for holidaymakers. Against the euro, however, it slid 0.34 per cent to 1.1456.
