Travellers Cheques How much do you get charged for these bad boys? Do you have to pay to get them and how much commission do the bar stewarts charge when you change them? Thanks
there free to get!!! just look for the highest rate in the shop window!! and not all places charge you when your away just ask about, generally the shops abroad charge you but your hotel wont again just look for the highest rate
When i was in Mexico last year my hotel had the highest rate for changing travellers cheques, quite handy.
your hotel is the best bet like !!! also saves u taking your passprot everywhere just let them keep it unless u got a dive of a hotel then hide every thing
just go with the flow man!! just chech a few of the places rates and go with the highest u'r not goin to skegness are ya cos its stirling there
Yeah, probs. So do they not charge you to change them to their currency, the exchange rate is just lower? I havent used them before
some do charge some dont it will only be a few quid for ever £100 quid or so....i wouldnt worry about it but defo take them last year i got broken into and they all got nicked but sorted with travellers cheques your best asking mate or follow suit
Open a back account with Nationwide and use Cirrus/Maestro. There is no charge and you get the daily exchange rate.
that does sound all great but just do it the normal way and take the blooming cheques to the counter and change them for the sake of £1.50!!!
Yep, depends where you get them changed, in Mexico the exchange rate was higher in the hotel then down the road, so i got more Mexican money by changing them at my hotel then i would have got if i had went into Cancun centre and changed them. It wasn't much difference, just pennies really - if that! When do you go on hol Rach?
travellers cheques always get the best rates - even better than pure cash. I'd also say get dollar travellers cheques instead of stirling ones - when i was in japan the number of times we were turned away at banks for having stirling based travellers cheques instead of dollar ones was silly. Dollars are pretty much the international standard so i'd get those ones if i was you.
Got mine from the post office. If you got them in sterling you had to pay 3% if you got them in euros they were free. But when cashing them in abroad if they were in Euros you had to pay commission, usually 3% but there we found somewhere that was only 2%. For sterling it was free to cah them in. Basically you get stung at either end whether you get them in sterling or foreign currency. If you get them in sterling i think they are free to cash in back home if you bring any back, but euros i think is 2%. Travellers cheques are well worth it if you are travelling long distance or are taking large amounts of money, or even if you just feel vulnerable in a foreign country. x
