How to get the best travel money rates

We find the best travel money rates so you can make the most of your trips without denting your wallet.

Young woman with travel money at San Lorenzo market, Florence, Tuscany, Italy
(Image credit: Getty Images)

Travel money may be the last thing on your mind when preparing for a much-needed holiday. While you may be focused on finding the right travel insurance or booking your flights, picking the right payment option will maximise your holiday savings. And leaving it too late to swap your cash could mean getting stung by high bank or debit card fees. Post Office research has found British travellers are collectively losing an estimated £845 million in fees when using their bank cards abroad. Its study of 2,000 holidaymakers found 45% incurred charges for using their bank card outside of the UK in the past 12 months, with the average annual bill coming in at £21.79 each.

Instead, using specialist apps, the best credit and debit cards for travelling abroad or even your supermarket could help you save money on foreign currency, freeing up your cash to spend on holiday.

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Travel money providerExchange rateAmount Notes
Sterling FX1.1835€1183.5Free delivery over £700
TravelFX1.1824€1182.400.1% fee on debit card. Free delivery over £700
The Currency Club1.1823€1,182.30.29% fee on debit card with next-day delivery. Free delivery over £700
Eurochange1.1792€1179.2Minimum delivery amount £100. Free next-day delivery over £500
Sainsbury’s Bank1.1792€1179.2Nectar price
Post Office1.1786 €1178.6Spend between £400 - £2,500
John Lewis 1.1778€1177.8Minimum £250 online order
M&S Bank1.1769€1176.9Click and collect between £150 - £2,500
Tesco Bank1.1748 €1174.8Clubcard price
Travelex1.1746€1174.60Free delivery over £600
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Marc Shoffman
Contributing editor

Marc Shoffman is an award-winning freelance journalist specialising in business, personal finance and property. His work has appeared in print and online publications ranging from FT Business to The Times, Mail on Sunday and the i newspaper. He also co-presents the In For A Penny financial planning podcast.

With contributions from