SO GET YOUR DOLLAR DEAL NOW BEFORE ITS GOING, GOING, GONE...

As the pound surges to a ten month high, anyone travelling to the States in the coming months could benefit from getting some of their travel money now, to lock in on the current rate of $1.67 for every £1 from FairFX.com.

Stephen Heath, Chief Executive of FairFX.com, said: “This surge in the value of the pound is good news not only for the UK economy, but also for British travellers planning to head across the pond. While still a long way below the $2 to £1 levels seen in July last year, the pound has rebounded 25% from the 23-year low of $1.35 it plummeted to in January this year.”

Don’t be fooled

Checking the exchange rate is very important as many travellers are misled by headline advertising for travel money such as “0% commission” or “no commission”, which often masks the true cost.

The true cost to consumers is not only the advertised commission rate, but also how many Dollars, Euros or other currencies they receive for each pound exchanged, namely the exchange rate. This can vary so much that some travellers, particularly if they use regional airports, could actually be paying up to 15% more than others.

Stephen Heath added: “No one likes to be fooled into buying something only to find out too late that they paid over the odds or that they have been stung by extra transaction costs when they return from their holiday. A good currency card gives travellers the choice about when they fund their trip, getting Dollars now could help someone to budget for a future holiday, or simply mean they’ve locked in the best rate available so far this year.”

FairFX offers customers market-leading exchange rates via either a pre-paid currency card or cash via their internet site: www.fairfx.com.

Tuesday 04 August 2009, 05:29pm

Tags: best rates, currency card discussion, dollar, euro, europe travel, exchange rates

Online travel provider Opodo.co.uk, has teamed up with FairFX.com to make customers’ holiday Pounds go further with market leading exchange rates using the FairFX.com Currency Card.

Opodo customers can now obtain a free FairFX.com Currency Card (normally costing £9.95) denominated in Euros or US Dollars by applying online at www.opodo.co.uk under Travel Extras (pre-paid currency cards).

Stephen Heath, Chief Executive of FairFX.com, said: “For too long, customers have been getting a very poor deal when buying their holiday cash from currency exchange booths at UK airports. Also, they will have found advertising about the commission charged on currency purchases very confusing. However, Opodo and FairFX.com have formed this new partnership to help travellers looking for great value online not only for their holidays but their travel money as well.

“Opodo’s customers are savvy and expect convenience and good value, making FairFX.com the perfect partner. Whether people are looking for some winter sun or heading for the slopes, they should all be trying to get the most for their money, especially with the rising cost of living and strength of the Euro.

“The FairFX.com currency card offers market leading exchange rates, secure access to cash worldwide and could save people up to €100 or $120 per £1,000 spent; and now people can get the card for free there is nothing to stop them getting the most from their holiday spending money.

“FairFX.com’s partnership with Opodo is the next step in partnering with brands with a shared ethos. We are both committed to giving our customers the most for their money, in a fair and transparent way particularly in tougher economic times.”

How does the FairFX card work? The FairFX Currency Card is a MasterCard chip and pin enabled prepaid debit card. It differs from regular debit cards in two ways. Firstly, the cards are issued in either Euros or US dollars and secondly, funds must be loaded onto the card before they are available to spend. The currency to be loaded is obtained simply by logging on to www.fairfx.com and can be paid for by any sterling debit or credit card or internet bank transfer.

Tuesday 04 November 2008, 11:36am

Tags: currency, currency card, currency card discussion, currency card reviews, currency exchange, travellers, travel money