tesco online travel money

Tesco Travel Money

Find out more about tesco travel money options with our useful guide..

In this guide

What travel money services does Tesco offer?

What currencies can i order through tesco, how much can i transfer with tesco, how soon can i get my money, how safe is my money, are there any fees i might have to pay, customer service information for tesco travel money.

Tesco offers two travel money services:

• Buy Online. Home delivery is free, when you spend £500 or more online
• Buy In Store. Open seven days a week, most of Tesco’s bureaux are open late on week nights.

Here’s a list of the countries available to order travel money for:

• Australian Dollar (AUD)
• Bahraini Dinar (BHD)
• Barbados Dollar (BBD)
• Brazilian Real (BRL)
• Brunei Dollar (BND)
• Bulgarian Lev (BGN)
• Canadian Dollar (CAD)
• Cayman Islands Dollar (KYD)
• Chilean Peso (CLP)
• Chinese Yuan Renmibi (CNY)
• Costa Rican Colon (CRC)
• Croatian Kuna (HRK)
• Danish Krone (DKK)
• Dominican Peso (DOP)
• Egyptian Pound (EGP)
• Hong Kong Dollar (HKD)
• Hungarian Forint (HUF)
• Iceland Krona (ISK)
• Indonesaian Rupiah (IDR)
• New Israeli Sheqel (ILS)
• Jamaican Dollar (JMD)
• Japanese Yen (JPY)
• Jordanian Dinar (JOD)
• Kenyan Shilling (KES)
• Kuwaiti Dinar (KWD)
• Malaysian Ringgit (MYR)
• Mauritius Rupee (MUR)
• Mexican Peso (MXN)
• New Zealand Dollar (NZD)
• Norwegian Krone (NOK)
• Omani Rial (OMR)
• Papua New Guinean Kina (PGK)
• Peruvian Nuevo Sol (PEN)
• Philippine Peso (PHP)
• Polish Zloty (PLN)
• Qatari Rial (QAR)
• Saudi Riyal (SAR)
• Singapore Dollar (SGD)
• South African Rand (ZAR)
• Swedish Krona (SEK)
• Swiss Franc (CHF)
• New Taiwan Dollar (TWD)
• Thai Baht (THB)
• Trinidad and Tobago Dollar (TTD)
• Turkish Lira (TRY)
• UAE Dirham (AED)
• US Dollar (USD)
• Aland Islands (ALA)
• Andorra (AND)
• Australia (AUS)
• Austria (AUT)
• Bahrain (BHR)
• Barbados (BRB)
• Belgium (BEL)
• Brazil (BRA)
• Brunei (BRN)
• Bulgaria (BGR)
• Canada (CAN)
• Cayman Islands (CYM)
• Chile (CHL)
• China (CHN)
• Costa Rica (CRI)
• Croatia (HRV)
• Cyprus (CYP)
• Denmark (DNK)
• Dominican Republic (DOM)
• Egypt (EGY)
• Estonia (EST)
• Finland (FIN)
• France (FRA)
• French Guiana (GUF)
• French Southern Territories (ATF)
• Germany (DEU)
• Greece (GRC)
• Guadeloupe (GLP)
• Hong Kong (HKG)
• Hungary (HUN)
• Iceland (ISL)
• Indonesia (IDN)
• Ireland (IRL)
• Israel (ISR)
• Italy (ITA)
• Jamaica (JAM)
• Japan (JPN)
• Jordan (JOR)
• Kenya (KEN)
• Kuwait (KWT)
• Latvia (LVA)
• Lithuania (LTU)
• Luxembourg (LUX)
• Malaysia (MYS)
• Malta (MLT)
• Martinique (MTQ)
• Mauritius (MUS)
• Mayotte (MYT)
• Mexico (MEX)
• Monaco (MCO)
• Montenegro (MNE)
• Netherlands (NLD)
• New Zealand (NZL)
• Norway (NOR)
• Papua New Guinea (PNG)
• Philippines (PHL)
• Poland (POL)
• Portugal (PRT)
• Qatar (QAT)
• Reunion (REU)
• Saint Barthelemy (BLM)
• Saint Martin (MAF)
• Saint Pierre And Miquelon (SPM)
• San Marino (SMR)
• Saudi Arabia (SAU)
• Singapore (SGP)
• Slovakia (SVK)
• Slovenia (SVN)
• South Africa (ZAF)
• Spain (ESP)
• Sweden (SWE)
• Switzerland (CHE)
• Taiwan (TWN)
• Thailand (THA)
• Trinidad And Tobago (TTO)
• Turkey (TUR)
• United Arab Emirates (ARE)
• United States (USA)

For your security as well as Tesco’s, there are some limits on how much you can order and collect.

You can order between £50 to £2,500 online.

Tesco will email you an order confirmation, and will confirm your exact delivery date. The table below shows the earliest time your money can be delivered.

Tesco Travel Money uses the same delivery service as Travelex, so they know what they’re doing. If, however, there is a problem with your order you can contact Tesco directly and they will deal with your issue.

When you spend £500 or more online, home delivery is free.

For online orders less than £500, you pay £3.95 for delivery.

We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use . When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you. Most of the data in Finder's comparison tables has the source: Moneyfacts Group PLC. In other cases, Finder has sourced data directly from providers.

Matthew Boyle

Matthew Boyle is a banking and mortgages publisher at Finder. He has a 7-year history of publishing helpful guides to assist consumers in making better decisions. In his spare time, you will find him walking in the Norfolk countryside admiring the local wildlife. See full bio

• Helping first-time buyers apply for a mortgage
• Comparing bank accounts and highlighting useful features
• Publishing easy-to-understand guides

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4 Responses

My son has a tesco travel money card and is in america. He has forgotten his pin number. What can he/we do to help him please?

Thanks for leaving a question on finder.

You can request a new PIN or a reminder if you forget your current PIN online or by phone.

Online: Log in to Online Banking, click on your account and then select Manage account in the top right hand corner. Select the account name, above the sort code and account number on the Account Overview, then choose Request PIN reminder from the menu.

Enter the last four digits of your card number and choose whether you want to get a new PIN or a reminder of your existing PIN. You’ll receive your PIN number within 2 – 3 working days by post.

By phone: Call them on 0345 678 5678* and they’ll send a new PIN to you. You’ll receive your PIN number within 2 -3 working days by post. It can not be sent overseas so you will have to give the pin to your son once you have it by mail.

Please send me a message if you need anything else. :)

Cheers, Joel

Can I swap over 50 euros into pounds at a tesco store

Thanks for getting in touch with finder. I hope all is well with you. :)

Yes, you may be able to swap over 50 Euros into Pounds at a Tesco Store. However, please note that for security reasons, there are some limits on how much you can order and collect.

I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.

Have a wonderful day!

Cheers, Joshua

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In-app travel money allows our customers to easily buy before they fly!

We’ve worked hard to provide customers with a different kind of banking experience – one which is much less like traditional banking and much more like the service that customers have come to love and expect from Tesco stores.

Speaking to customers and finding out what really matters to them is so important to us and through these discussions, it’s clear that for Tesco shoppers, their time is precious.

At Tesco Bank, we’ve seen first-hand our customers' desire for ease and convenience, as evidenced by the growing number of customers opting to use our digital services. This is why we have decided to trial a new digital feature, enabling Android customers to purchase travel money directly through our Mobile Banking App.

We hope this feature will help customers in the lead up to the busy holiday period by offering a quick, convenient and simple way to check our current exchange rates and to purchase travel money. 

So, if you have a holiday coming up, why not give it a go? It’s really quick and easy to access – just follow the steps below. If you use this feature, we’d love to hear your feedback, so please do join the discussions on   Your Community.

Our Mobile Banking App offers all that you would expect from a banking app, as well as a number of innovative features to help our customers manage their finances quickly and easily. This includes:

• Quick and secure access to the app using either Face ID, Touch ID or Fingerprint, 5-digit passcode or existing online banking login details.
• Easy set up and management of credit card repayments by direct debit or debit card.
• An overdraft alert feature to help current account customers avoid account fees.
• Block / unblock feature which helps our credit card customers keep their account safe.
• Card scanning for credit card payments which enables customers to quickly add new card details using their camera.

How do customers access this new feature? To access this feature, Android customers simply need to log into the mobile app and swipe through the on-screen carousel until they reach the ‘Travel Money’ option. From there, the customers can check the rates by clicking on the fly out menu. From there they simply need to follow the on-screen instructions. Once the order has been processed, the customer will receive a confirmation email.

How quickly can I collect my currency?

If your online order is confirmed before 2pm, then you can collect Euro and Dollar the next calendar day from our bureaux, or any currency the next working day from our Travel Money Customer Service Desks.

What’s the difference between a Travel Money bureau and a Customer Service Desk Collection point?

A Travel Money bureau is a manned booth that sits inside a Tesco store where you will be served by a Tesco Travel Money adviser.  We also have selected stores where you can conveniently collect travel money from the Customer Service Desk which is at the front of the store and is manned by Customer Service Desk store colleagues.

What can I do with any currency left over after my trip?

We buy back all the currencies we sell, in most bank note values.  We do this at our in store bureau, but not at the Customer Service Desks.

If a customer places an order in this way, what do they need to show colleagues when they collect their order? You’ll need to bring valid photo ID e.g. passport, full UK photographic driving licence (we do not accept provisional driving licences) or EU ID card and the payment card you used for this order. If collecting from one of our in-store bureau, you will also be required to verify the PIN. The name on the card and the other identification must match the name of the person collecting the order.

Tesco Travel Money ordered online is provided by Travelex  Currency Services Limited .

• Turkish Lira
• Australian Dollars
• Canadian Dollars
• Polish Zloty
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• US Dollar Card
• Multi-currency Card

Tesco Bank Latest Currency Exchange Rates

Clubcard prices are available for Clubcard members on Tesco Travel Money and there’s a 0% commission on foreign currency. Order online and collect your cash from selected Tesco stores. Charges may apply to click and collect. Free home delivery on orders of £500 or more. Tesco Travel Money ordered online or by telephone is provided by Travelex Currency Services Limited.

Our Review of Tesco Travel Money

Pros: what we like :.

✓ Tesco is a well known high street brand.

✓ Home delivery is free, when you spend £500 or more online.

Cons: What we like less:

✓They have fewer currencies readily available than many of our providers.

✓Generally not the most competitive exchange rates.

✓Unlike some other supermarket brands, there are no benefits for Tesco Clubcard holders when buying travel money.

Buy currency now with Tesco Bank

Questions about tesco bank.

If you want to order travel money for home delivery, you just need to visit their website and you can place an order online.

You just need to enter the following information into a simple form:

• ✅ Your personal details
• ✅ The amount of pounds you’re exchanging into the foreign currency
• ✅ Select the currency you’re exchanging your pounds into
• and select how you want to pay.
• Select your preferred delivery option, whether you want your travel money delivered to your home or to a Tesco branch or bureau de change near you.

Then, once you have made the bank transfer and they have received the payment, they will send you your travel money.

You can see view our supermarket only search here Which supermarket has the best euro rate which we update virtually real-time.

Not usually, it can vary, but buying travel money in the branches often works out more expensive. However, you can order your currency online and get it delivered to a branch near you for collection if home delivery isn’t a suitable option. You can see the latest Tesco exchange rates (for online purchase) above, or look for the best exchange rates on our travel money comparison tool where we compare the rates from all the best travel money providers.

At the time of your purchase, the Clubcard Price will always offer you a better deal compared to the regular rate shown online. To enjoy the Clubcard Price, simply enter your valid Clubcard number during the online purchase process. It's worth noting that exchange rates may vary depending on whether you choose to buy in-store, online, or over the phone.

Tesco typically have a travel money bureaux in-store. They have Euros and US Dollars that are instantly available, but some currencies need to be ordered in specifically.

This obviously will depend on the currency and exchange rates each of the travel money providers are offering. Our online comparison tool will show you all the latest travel money rates who is offering the best deals on your foreign currency.

You can order a minimum of £100 worth of travel money online

The maximum amount of travel money you can order online is £2,500

You can pay for your travel money via bank transfer or debit or credit card.

They can have your travel money order shipped to your home address. They use Royal Mail Special Delivery which attempts to deliver to your chosen address before 1pm.

Alternatively you can order online and collect your travel money in store near you.

They don't charge commission and no matter how you purchase your travel money, you will not be charged any card handling fee by Tesco Travel Money.

Not usually! Many of the online travel money providers can offer better rates than in highstreet branches or bureau de changes as their overheads can be kept down meaning you can often get the best rates for travel money online.

Yes, they do, however, we always recommend you compare the best buyback rates here to make sure you are getting the best possible deal and saving you money.

Get more currency for your money!

Better rates are available from other suppliers

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Tesco Bank Travel Money – How Does It Work?

Planning your dream vacation? Alongside your flight bookings and luggage preparations, it’s essential to ensure your travel money arrangements are in order.

If you prefer having cash in hand while abroad, one convenient option for acquiring foreign currency is through Tesco Bank Travel Money. But what exactly is it, and how does it work? Let’s delve into the details, covering the process of ordering, collection and delivery options, fees, exchange rates, and more.

Additionally, we’ll explore an alternative that not only streamlines your travel expenses but also potentially saves you money – the Wise card . It’s an international debit card designed for spending and cash withdrawals in over 150 countries, boasting favourable exchange rates and eliminating the need to carry cash around, leaving extra room in your luggage.

But first, let’s focus on understanding Tesco Bank Travel Money.

What is Tesco Bank Travel Money and How Does it Operate?

Tesco Travel Money is a service that allows you to purchase foreign currency, either online or at a physical Tesco store. This flexibility enables you to either pre-order your currency or buy it on the spot at your local Tesco supermarket, provided they have a travel money bureau in-store.

Tesco Bank boasts a wide range of readily available foreign currencies for purchase, including popular options like EUR and USD. However, if the currency you require isn’t in stock, they can place an order for you.

Here are the key features offered by this service:

• Price Match : If you come across a better exchange rate advertised within three miles of your local Tesco Travel Money Bureau on the same day, Tesco Bank will match it. This applies exclusively to in-store, like-for-like transactions and not to rates advertised online.
• Clubcard Prices : Tesco Clubcard holders can benefit from improved exchange rates by providing a valid Clubcard number. This perk is available only for online currency purchases.
• Buy Back Service : If you have any unused foreign currency remaining after your trip, you can exchange it back to Tesco Bank for pounds.
• 10% Discount on Tesco Bank Travel Insurance : When you purchase Tesco Travel Money, you can enjoy a 10% discount on Tesco Bank travel insurance.

It’s worth noting that Tesco Travel Money received the ‘Best Travel Money Provider’ award in the Personal Finance Awards 2022/23, a recognition bestowed by the public. This foreign currency exchange service is powered by Travelex.

Fees and Exchange Rates

Now, let’s explore the cost associated with using Tesco Bank Travel Money. The good news is that there’s no commission fee when ordering currency in a Tesco store or opting for Click and Collect services.

However, for certain orders requiring home delivery, there are delivery fees to consider. Here are the main charges you should be aware of:

• Online foreign currency orders between £75 and £149.99: £4.99 delivery fee.
• Online foreign currency orders between £150 and £499.99: £3.95 delivery fee.
• Online foreign currency orders over £500: Free.
• Late cancellation of Click & Collect order (less than 24 hours before the collection date): £10 late cancellation fee.

It’s essential to keep in mind that additional charges might apply if you use a credit card to pay for your Tesco Travel Money order. While Tesco Bank won’t charge you, your credit card provider is likely to impose fees for cash-related transactions, which often include foreign currency purchases.

Tesco Travel Money Exchange Rates

Tesco Bank Travel Money, like many other foreign currency providers, incorporates its margin into the mid-market exchange rate. Also known as the interbank rate, this is the rate used by banks for inter-currency transactions, considered one of the fairest exchange rates. However, it’s rarely available through most providers, except for a few like Wise.

By adding its margin to the rate, Tesco Bank generates revenue from the transaction. Unfortunately, this means you’ll receive slightly less foreign currency in exchange for your pounds. Nevertheless, Tesco Bank offers slightly improved rates for Tesco Clubcard holders when they order online.

The exchange rates provided by Tesco Bank are transparent and can be checked in real time on their website.

Do Tesco Clubcard Holders Get Better Exchange Rates?

If you’re a Tesco Clubcard holder considering using Tesco Bank Travel Money, you might be wondering if this loyalty program can help you secure more favourable exchange rates.

The Clubcard Price offered by Tesco Bank Travel Money is designed to provide you with better rates compared to the standard ones advertised online at the time of purchase . This exclusive perk is accessible when you make your currency purchases online. To benefit from the Clubcard Price, you’ll need to input a valid Clubcard number during the transaction.

It’s important to note that exchange rates can fluctuate depending on the method you choose for purchasing your foreign currency. Whether you opt to buy in-store, online, or by phone, these rates may vary.

How to Order Travel Money from Tesco – A 9-step Guide

If you’re interested in obtaining travel money from Tesco, here’s a step-by-step guide for placing an online order:

• Visit the Tesco Bank Travel Money website.
• Choose your desired currency from the dropdown menu on the right-hand side.
• Indicate whether you possess a Tesco Clubcard. If you do, you’ll benefit from enhanced exchange rates.
• Select the amount you wish to order, either by choosing from the predefined options or entering a specific amount.
• Review the exchange rate and the amount of currency you’ll receive in exchange for your pounds.
• Click on ‘Buy Currency Online’
• Follow the on-screen instructions to place your order, including entering your Clubcard number (if applicable) and payment details. Note that online orders are payable by card only.
• Select either Home Delivery or Click & Collect, making the required delivery fee payment if applicable.
• Await the arrival of your travel money through postal delivery or head to your local Tesco Bank bureau on your chosen collection date to pick up your order.

The Collection and Delivery Process

If you opt for Click & Collect, you can conveniently locate your nearest Tesco store with a foreign exchange bureau by entering your postcode. You’ll receive a specified collection date, and your money will be ready for collection after 3 PM on that date. Don’t forget to bring photo ID and the card used for placing the order to verify your identity.

For home delivery orders, here’s what you can expect in terms of delivery times:

• Orders placed before 1:30 PM from Monday to Thursday: Next day delivery.
• Orders placed before 1:30 PM on Friday: Delivery on Saturday or Monday.
• Orders placed after 1:30 PM from Monday to Friday, or anytime on Saturday or Sunday: Delivery within 2 working days.

Remember that someone must be present to sign for the delivery of travel money orders.

The Tesco Multi-currency Cash Passport

Tesco Bank offers an interesting alternative known as the Tesco Multi-currency Cash Passport. This prepaid travel money card allows you to load up to seven different currencies before your trip, enabling spending abroad just like you would with a regular debit card in the UK. The added benefit is the ability to lock in the exchange rate every time you load, reload, or switch between currencies.

However, there are a few considerations to keep in mind. The available currencies are limited to euros, US dollars, UK pounds, South African rands, Australian dollars, Canadian dollars, and New Zealand dollars. There are fees involved as well, including a £1.50 withdrawal fee at ATMs or a 2% commission on purchases made in UK Pounds.

The Wise Card – A Convenient Alternative to Currency Exchange

While Tesco Bank Travel Money provides a reliable option for obtaining foreign currency, it’s not the sole solution for managing your holiday expenses.

If you’re seeking more favourable exchange rates and a cashless approach, the Wise card is an attractive choice. This contactless international debit card can be used in over 150 countries, wherever Mastercard and Visa are accepted. This grants you the ability to make purchases in shops, restaurants, bars, and transport hubs worldwide.

When you use the Wise card, it automatically converts your pounds to the local currency at the mid-market exchange rate, with no additional margins or markups. There is only a modest currency conversion fee, or none at all if you already have the currency in your Wise account.

For cash needs, the Wise card allows you to withdraw up to £200 per month with no fees (up to two withdrawals). However, be mindful that overseas ATM operators may charge their own fees.

With the Wise card, you can enjoy the convenience of tapping and spending like a local, all while benefiting from a favourable exchange rate. Additionally, the Wise app allows you to manage your account, card, and expenses on the go.

By opening a Wise multi-currency account online, you can obtain a Wise card for a one-time cost of just £7, without any subscription fees. Be sure to review the Terms of Use for your region or check Wise fees and pricing for the most up-to-date information on costs and fees.

And there you have it – a comprehensive overview of Tesco Bank Travel Money and its operations, plus a cashless alternative for digital fans. If you prefer having foreign currency in hand before your trip, then Tesco Travel Money is certainly worth considering, particularly due to its lack of commission fees. Alternatively, you can conveniently visit your local Tesco store with a foreign exchange bureau to obtain your travel money instantly.

Remember, it’s advisable to conduct a quick comparison of exchange rates, as you may find more favourable options for obtaining foreign currency elsewhere but Tesco Travel Money solidifies its reputation with one of the more attractive offerings for travellers.

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Tesco Travel Money Review: Forex & Overseas Transfers

Updated on May 16, 2024

Dealing with international money matters can seem tricky. But Tesco travel money services make it easier, especially for Clubcard members. They get better-than-advertised rates on currency exchanges. And there’s no fee when buying foreign currency with Tesco 1 .

Tesco offers a helpful way to spend overseas. Their Multi-currency Cash Passport lets you carry up to seven currencies at once. This means you’re ready for buying anything, anywhere 1 . Plus, Tesco will match any better exchange rate found within three miles. That’s their Price Match promise 1 . If your Cash Passport gets lost, they provide 24/7 support and emergency funds. This shows Tesco’s commitment to your travel needs 1 .

Exploring Tesco Travel Money: Comprehensive Services and Accessibility

Traveling abroad needs reliable foreign currency services. Tesco Travel Money offers a wide range of options for all travelers. In over 360 U.K. locations, you can exchange currency on the spot. They cater to over 120 types of currency, including euros, U.S. dollars, and exotic options.

Their home delivery service makes getting travel money easy. Tesco bureaux are perfectly placed for last-minute exchanges. This means you can get foreign money quickly before your trip.

Tesco’s online system is easy to use with your bank account. You can track rates and order currency. With Click and Collect, you can pick up popular currencies the next day 2 . This service saves money and time for forward-planners.

Tesco has over 550 stores for pre-order collections. Most are open seven days a week. This is great for travelers with busy schedules.

Security and trust in currency services are crucial. Despite a data leak at Tesco Bank, the quality and security stay high. Travelex ensures payment information is protected 3 . Affected customers get 12 months of free fraud protection and support 3 . This shows Tesco’s dedication to customer care.

For travelers watching their budget, good exchange rates matter. U.K. currency availability is competitive. Choosing Tesco Travel Money for good rates has saved me money on my trips 2 .

An Independent Evaluation of Tesco Bank Travel Money Services

I’ve looked closely at Tesco Bank’s work with Travelex. This partnership is key for Tesco’s travel money services. Since banking rules have changed a lot since 1997 4 , it’s good to see Tesco Bank following the strict rules of the Financial Services and Markets Act of 2000 4 . But, when you exchange money in their stores, you might end up paying more.

My review focuses on two things: how well Tesco follows laws and how good their prices are for you. When the FSA became in charge of banks in the UK 4 , Tesco adapted well. Still, their exchange rates at local stores might be higher than what you’d find elsewhere.

Tesco is a big player in the UK, holding about 30.5% of the market 5 . Even though they have many stores worldwide, their main profits come from the UK 5 . This means they should try to offer exchange rates that match what people expect from them.

Changes in Tesco’s leadership could affect their travel money services 5 . While they offer good options like home delivery and the Cash Passport card, the exchange rates and fees could be better for the customer.

If you order currency to be delivered to your home by 2 PM, it arrives the next day. And, there’s no delivery fee if you order more than £500 5 . But, orders under £500 have a £3.95 fee, which shows you should watch out for extra costs.

In the end, Tesco Bank does well in some areas like following laws and offering certain services. But, you should be aware of their exchange rates. The success of Tesco in this field will depend on balancing what customers want and what the company offers.

Review of Tesco Travel Money for Foreign Exchange and Sending Money Abroad

I’ve seen how Tesco travel money helps people send money overseas easily. With MoneyGram, they reach over 200 countries 6 . This partnership is great for sending urgent funds abroad. But, remember, buying foreign currency with a credit card may include extra fees and interest 6 7 .

Reviews often say swapping money is quick with Tesco. You can get your currency in seconds or have it delivered in a few days 6 . They offer different pick-up options and don’t add card fees for buying online or in stores. Still, your card company might charge you 7 .

Looking into currency exchanges, Eurochange stood out for its quick service. They have over 240 places to buy money in the UK 6 . But buying euros at airports can cost you £176 more than in their shops 6 .

• Online exchanges are good for tech-savvy folks, capping fees at £5, and sometimes delivery is free when you spend enough 7 .
• But, the exchange market isn’t always safe. If an exchange goes under, you could lose money. Stick with firms that are registered with the FCA for some peace of mind 7 .

Comparing currency services is key. Some charge a commission, like 0.7% for £1,000 in euros, meaning a £7 fee 6 . Picking the right provider can save you money.

Tesco does well in making money sending simple, especially with MoneyGram. But looking at other options can offer better deals. It’s important to find the best way to make the most out of your money when travelling or dealing internationally.

Tesco Bank Click and Collect: Hassle-Free Currency Pre-Order

Planning a trip? Getting your currency ready shouldn’t be a headache. Tesco Travel Money’s pre-order service makes it easy. You can use the Click and Collect service to order foreign currency ahead of time. Then, you can pick it up the next day for common currencies, skipping the long waits at other exchanges 8 . This is especially great because Tesco gives better rates to Clubcard holders, letting you save money from the start 1 .

But it’s not just about euros and U.S. dollars. With the Multi-currency Cash Passport, you can load up to seven different currencies, perfect for multi-country trips 1 . Plus, buying foreign currency from Tesco Travel Money means 0% commission. This is a big win compared to the typical fees charged by many UK banks for overseas debit card purchases 1 8 .

Remember to plan ahead for rare currencies, which might need up to five days’ notice. Being able to pick a collection date is great for those with tight schedules. At pickup, you’ll need a photo ID and the card you paid with. This is a common practice for currency services, similar to what you’d find at banks and other retailers like Sainsbury’s and Debenhams 8 .

• Visit the Tesco Travel Money website to start the pre-order process.
• Select the currency and amount you need.
• Choose a convenient pickup location from over 550 stores.
• Benefit from next-day pickup for the most popular currencies.
• Show your Clubcard to enjoy preferential rates 1 .
• Pick up your currency and embark on your trip with one less worry.

Tesco’s Click and Collect service is all about making things convenient and cost-effective. With next-day pickup and competitive rates, it’s a great option. Tesco focuses on the customer, offering a full suite of travel finance products. The Cash Passport, for instance, is perfect for travelers. It has no fees for currency exchanges in Europe and worldwide with cards like Metro Bank and Cumberland 1 8 .

The Price Match guarantee also builds trust. They promise to match exchange rates from nearby bureaus 1 . I often suggest Tesco Travel Money’s Click and Collect for dealing with travel money. It ensures ease, good rates, and great customer service.

The Downside of Tesco Travel Money Exchange Rates

Exploring Tesco’s currency exchange, it’s key to look at the costs for customers. There’s a big issue with currency conversion fees, especially on credit cards abroad. Brits spent a huge £12.8 billion using credit cards internationally last year 9 . Using cards is handy but has a cost. For example, a 2% fee on all foreign transactions could add £12.3 million to Tesco’s earnings annually 9 . Compared to others, Tesco’s rates are not as good. Their euro rates are 2.4% higher than those of Lloyds TSB 9 .

When we compare exchange rates, we see Tesco makes big profits. Their bank made a 27% profit margin, much higher than the overall 6% margin 9 . They started their own exchange rates in November 2009, aiming to give better value 9 . Yet, Tesco’s rate was 2.4% worse than MasterCard and Visa for euros 9 . This shows that bigger currency buys might get better rates, but the overall cost-effectiveness suffers.

Talking about foreign exchange services, Travelex is important despite big hurdles. They had a cyber attack in 2019 and restructured in 2020, yet they still play a major role 10 . They improved their revenues by 160% in Q3 of 2022 from the year before. This shows their growth and resilience 10 .

Customers want clear and fair currency exchange rates. They also demand more information. This is because of the leak of partial payment card info of around 17,000 Tesco Bank clients 3 . Even though the data was supposedly secure, and affected customers got help from Experian 3 , it highlights the need for good data management.

In summary, when we look at Tesco’s currency exchange, we must be smart about rate comparison. We need to be aware of all fees and the true cost. As buyers, we deserve good value in the tricky world of currency conversion.

Understanding the Tesco Bank Prepaid Currency Card Benefits

I’ve traveled a lot and written about finance. One great find is the prepaid travel money card from Tesco Bank. It’s called the Cash Passport. This card lets you carry up to seven currencies. It’s great for safe spending abroad without needing cash or your bank card.

The Tesco Bank card is cool because of how it handles exchange rates. Lots of companies offer different deals. 6 But with Tesco’s Cash Passport, you can lock in rates when you load money. This saves you from unexpected market changes.

Tesco cards also focus on keeping your money safe. They use chip and PIN tech for security. Since it’s not tied to a bank account, your personal money is safer while traveling. Compared to this, using a credit card for foreign currency can cost more due to fees. 6

Here’s what you get with travel money cards when it comes to loyalty perks:

The Tesco Bank Cash Passport offers great benefits. Still, it’s wise to check what others offer too. With this card, your travels can be more secure and budget-friendly.

Learning about the Tesco Bank card helps us make smart choices for travel money. With many financial products out there, locking in rates with Tesco’s Cash Passport is a big plus. 6 It makes spending money abroad safer and easier.

Pros and Cons of Tesco International Money Transfer through MoneyGram

Sending money abroad is now a must for many, and Tesco’s partnership with MoneyGram stands out. MoneyGram is a big name, operating in over 200 countries and territories 11 . They have a massive network with over 400,000 agents worldwide 11 . But, it’s important to look closely at both the good and bad sides of using this service.

MoneyGram offers several ways to send money, like online, through an app, or in person 11 . This variety meets the different needs of users. Plus, MoneyGram suggests using Wise for cheaper fees and better exchange rates 11 , a helpful tip for saving money.

But, you need to watch out for the fees MoneyGram charges based on where you’re sending money, how you want to pay, and how much you’re sending 11 . They also mark up exchange rates 11 , which could end up costing you more. While you can get cash instantly, bank transfers might take a few days 11 .

Also, there are limits on how much you can send with MoneyGram daily, weekly, monthly, and yearly 11 . If you need to send a lot of money, this could affect your choice to use Tesco and MoneyGram.

The market for sending money abroad is full of choices, with MoneyGram competing against Wise, Western Union, and Xoom 11 . Each has its benefits and drawbacks. For example, Western Union’s fees and Xoom’s instant transfers 11 . Always compare fees before you choose a service.

It’s important to look into how MoneyGram handles cash collection payments worldwide 11 . They also stress the importance of following safety tips to avoid scams 11 . Here’s a table to help you see how MoneyGram stacks up to its competitors:

To dig deeper into MoneyGram, check out this analysis of their services. By understanding the pros and cons, you can decide if Tesco’s MoneyGram service fits your financial needs.

Eliminating the Card Fees: Tesco Bank’s Customer-Friendly Approach

Tesco Bank has caught my eye with its no card fees policy. It’s clear they want to make travel cheaper for everyone. By removing these fees, they make it easier and more affordable to get travel money. Even if my card issuer charges me, the clarity and care Tesco Bank shows make my financial dealings better.

Getting affordable currency is crucial, especially with the risks in currency exchange. A data breach hit around 17,000 of Tesco’s Travel Money customers 3 between 14 December 2016 and 23 January 2017 3 . This breach revealed names, contact info, and some card details 3 , showing the need for secure financial services.

Thankfully, Travelex hid the partial payment card info to keep financial safety 3 . They also gave a year of free fraud protection to those affected 3 and set up support teams. This move fits with Tesco Bank’s focus on customer care, ensuring peace of mind for their clients.

This thoughtful action boosts my confidence in Tesco Bank. They go beyond fee elimination to actively protect and support their customers. Their commitment to consumer safety and satisfaction enhances the value of their financial services.

Securing the Best Deal: Tesco Bank’s Price Guarantee Promise

I always search for the best currency deal as a smart traveler. Tesco Bank Travel Money offers a strong exchange rate guarantee to its customers. They promise to match or beat better rates from other retailers within three miles of their stores.

Some may question how committed Tesco is to its financial services. Yet, their guarantee shows they put customers first. Unlike airport exchanges, which can be pricey, you might save up to £176 by choosing Tesco 6 .

However, there are certain conditions to note. This exchange rate guarantee applies only to in-store deals, not online or phone transactions. This rule makes sure you get the best rate at Tesco stores.

Many providers are out there, like the Post Office with its vast currency options and refunds 6 . M&S Bank offers a buy-back service but no rewards 6 . Tesco’s policy stands out for meeting specific needs.

Xe services over 200 countries with 30 years of experience 6 . Knowing potential credit card fees is crucial. Tesco’s in-store experts help find the best currency deal with no surprises.

In summary, Tesco doesn’t just promise excellent service; they deliver. Their guarantee could be crucial for your travels, ensuring you don’t spend more than needed on foreign currency.

Comparing Online to In-Store Tesco Travel Money Exchange Rates

Looking at Tesco Travel Money, it’s easy to see the differences in online and in-store rates. Buying currency online generally saves money, especially with large transactions. But, buying in-store can cost more, showing the need for careful comparison before buying.

My research highlights a perk for Tesco Clubcard holders. They get special rates on currency and pre-paid cards in-store 1 . This benefit can help lessen the impact of rate changes, a great help when currency markets are unpredictable.

Tesco also offers a way to save on fees. They charge 0% commission on most currency buys 1 . But, if you’re buying UK Pounds with foreign cash, there’s a 2% fee. This is important for those converting back to Sterling 1 .

Switching to Tesco’s Multi-currency Cash Passport makes travel money easy 1 . It holds up to seven currencies. Knowing the ATM fees for each currency is key, as they vary from GB£1.50 to ZA R20 1 .

Tesco’s Price Match policy ensures you get a top rate 1 . If there’s a better rate close by on the same day, they’ll match it. This shows Tesco’s commitment to offering valuable financial options 1 .

In conclusion, it pays to keep an eye on exchange rates, online or in Tesco stores. Being informed helps make the most of your money in an unpredictable financial world.

Converting Back to Pounds: The Currency Buy-Back Process

When I got back from traveling, I found Tesco’s services great for changing foreign money to pounds. They help with currency exchange buy-back, whether you have euros from Paris or dollars from the US. This ensures you’re not stuck with currency you can’t use.

Tesco is also handy for those with a Multi-currency Cash Passport. You can exchange most banknotes there. Walking into any Tesco Travel Money Bureau means you can easily get sterling back. This makes life simpler, knowing you can quickly convert your travel money.

Looking deeper into currency exchange, I noticed the wide acceptance of Mastercard and Visa in the UK. This means you don’t need to carry much cash. But, Tesco’s buy-back promise is what really gives peace of mind. It means you don’t lose out, regardless of whether you’ve spent a little or a lot. Tesco makes sure of this, ending your trip on a high note.

Source Links

• https://www.tescobank.com/travel-money/buy-in-store/
• https://www.finder.com/travel-money/united-kingdom
• https://www.which.co.uk/news/article/17000-at-risk-from-tesco-bank-travel-money-data-leak-how-to-protect-yourself-aH3Vo1f264jn
• https://www.bis.org/cpmi/paysys/unitedkingdomcomp.pdf
• https://www.theguardian.com/business/2011/aug/31/tesco-japan-pull-out-philip-clarke
• https://www.thetimes.co.uk/money-mentor/foreign-currency/best-travel-money-providers
• https://www.which.co.uk/reviews/travel-money/article/travel-money/buying-travel-money-online-aOob46D4ocHZ
• https://www.theguardian.com/money/2018/jun/23/holiday-money-best-cards-currency-rates-bank-charges-cash
• https://www.theguardian.com/money/2010/dec/11/foreign-exchange-tesco
• https://en.wikipedia.org/wiki/Travelex
• https://wise.com/us/blog/what-is-moneygram

Robert Boden

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Twickenham Extra Tesco Travel Money

About tesco travel money at twickenham extra.

Tesco Travel Money Isleworth is conveniently located inside our store so you can easily exchange currency. Take a look at the Tesco Bank website to see our stocked currencies. Our bureaus are sometimes single-staffed meaning there may be periods where the bureau is unmanned, but signage will let you know when colleagues are returning from breaks.

Frequently Asked Questions

You can view exchange rates on our Travel Money website - https://www.tescobank.com/travel-money/ . Exchange rates may vary during the day and will vary whether you're buying in store, online or over the phone.

You can find our opening times at the top of this page.

Please contact Travel Money on 0345 366 0103 or visit https://www.tescobank.com/travel-money/contact-us/ .

You can search for your nearest Travel Money kiosk on our store locator https://www.tesco.com/store-locator/ .

Contact Information

Nearby stores, tesco cafe mogden lane, f&f clothing mogden lane, tesco pharmacy mogden lane.

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