Foreign Exchange
Tesco extends travel money rate sale
Tesco Bank has extended its travel money rate sale on Euros, US Dollars, Egyptian Pounds and Turkish Lira. Tesco Bank's Travel Money is available exclusively in store at a discounted rate until 25th September.
£1.6 billion of forgotten cash stashed in Brits’ drawers
A staggering £1.6bn (€2bn) of leftover holiday money is sitting in British homes, a new survey from Skyscanner, Europe’s leaving travel search site, has revealed.
Post Office Travel Money Card hits the £100 million mark
The Post Office has announced that travel money loaded onto its pre-paid currency card has reached the milestone £100 million mark. This landmark figure was achieved this month, just over a year since the Travel Money Card Plus was launched in June 2011.
Make your money travel further this summer
With many Brits jetting off abroad in the coming weeks, holiday makers will no doubt welcome the news that the sterling is now at a three and a half year high against the euro.
Cut out hefty money transfer fees with Azimo
Azimo is a new international money transfer service offering much cheaper prices than high street banks and large competitors by cutting out middlemen and hefty commission fees, which can often be as high as 8%.
Powerful pound means more holiday cash
With sterling soaring to its highest rate this year against European currencies, families travelling to the eurozone and other Continental hotspots at the end of the school term can expect to have up to 11.5 per cent more cash in hand compared with last summer.
Prepaid currency card confusion costing Brits
Brits are incurring millions of pounds in credit and debit card fees after being left confused by prepaid currency cards, according to the findings of a new report.
Sterling dips as consumer price inflation continues to fall
Andy Scott, premier account manager at foreign currency brokers HiFX says Sterling dips as consumer price inflation continues to fall:
Cash is King for Brits going overseas this summer
Cash is the payment method of choice for people going overseas this summer, according to a new survey from Tesco Bank.
Sainsbury's opens travel money bureau at flagship store in Greenwich
Sainsbury's Bank, this week launches a new travel money bureau in Sainsbury's flagship Greenwich store, taking its total travel money estate to 122 bureaux.
Cash in on Euros with Sterling at a high
AA Financial Services says that with Sterling remaining high against the Euro, now is a good time for holidaymakers to stock up on Euros.
Brits make costly mistake using their credit card abroad
MoneySupermarket reveals holidaymakers using their credit card abroad are making a costly mistake and risk turning their holiday into a financial nightmare, simply by not understanding the charges involved.
Holidaymakers ‘changing places’ can save £££s
While the UK pound is at its highest rate against the euro in almost four years, a new Post Office Travel Money report reveals that holidaymakers hoping to cash in on their increased spending power could get caught out to the tune of hundreds of pounds if they fail to do their homework and check resort costs as well as package prices.
Spain cut from 10/1 to 5/1 to quit Euro this year
William Hill have halved their odds about Spain leaving the Euro this year from 10/1 to 5/1, and have also shortened their odds about being the first country to pull out of the Euro, from 7/1 to 4/1.
Footy fans off the mark with currency
40% of British fans attending Euro 2012 are in the dark when it comes to the currencies in Poland and Ukraine, a gaffe that could cost England supporters as much as £200 extra in poor exchange rates and high commission charges, a survey has revealed.