Weekly Mystery Shop | Save up to 10% online!
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MyTravelMoney.co.uk Mystery Shop
| £600 worth of €uros | Exchange Rate | Amount of € | Mid Market Rate | % Margin applied by provider |
|---|---|---|---|---|
| Travel FX - Online | 1.245 | 748.365 | 1.262 | 1.363 |
| Icici - Online | 1.241 | 746.021 | 1.262 | 1.672 |
| Moneycorp - Online | 1.241 | 746.021 | 1.262 | 1.672 |
| Lloyds - Highstreet | 1.197 | 719.397 | 1.262 | 5.181 |
| Barclay's - High Street | 1.194 | 717.594 | 1.262 | 5.419 |
| Moneycorp - Gatwick | 1.139 | 684.539 | 1.262 | 9.776 |
| Travelex - Heathrow | 1.134 | 681.294 | 1.262 | 10.203 |
MyTravelMoney Mystery Shop data is collected in real time on July 29th from 10:30am-10:45am
Key Findings
- Online currency specialists help you compare travel money options, ultimately finding you the best deal.
- When buying your travel money the exchange rate is the key indicator to gaining the best value on your chosen currency.
- Banks and airports that offer 0% commission are merely misleading marketing gimmicks and should be ignored.
- Don’t take a chance missing your flight by waiting in line at the airport to exchange your currency last minute. Plan in advance and save.
Co-founder of MyTravelMoney Daniel Abrahams comments:
“Why would anyone go straight to an airport bureau rather than checking online when the difference in the markup can be as large as 10%. We believe in getting British holidaymakers the best and fairest deal on their currency! In real money terms, we want to save up to £100 on every £1000 you convert.”
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