The Most Efficient Way To Convert Your Money To Euros

Money converted into colourful Euros

With a number of different ways to convert currency, it can be difficult to know where to begin. After all, you want to get the most for your money. However, it no longer has to be like that. Today, there are several ways you can convert your money in order to prepare for your holiday from applying for a travel money card to ordering your cash online for collection. Here, we’re taking a closer look at some of the most efficient ways you can convert your pounds to euros so that you can check one more box off of your to-do list. So, before you grab your EHIC card and hop on the next flight, here’s what you need to know!

Travel Money Card

When heading abroad, many are concerned about the safety of their cash. While hotel rooms offer a safe, you can never be too sure of the safety of your belongings away from home. Fortunately, you no longer have to carry a wad of cash with you. Travel money cards are the perfect solution for those who want to fully enjoy their time abroad without worrying about how many euros they have left to spend. The travel money card allows you to load foreign currency on a card which is similar to a debit or credit card to use overseas. Once your card has been topped up, you can withdraw cash as you please. This is extremely beneficial for those that travel a lot as it allows them to use the money they have on this card wherever they go.

You can load up to 13 different types of currency onto the card and, by having one, you can get 25% off of your travel insurance. In addition to this, you can check your remaining balance using the simple-to-use mobile app which is similar to that of a banking app likely to be already downloaded on your mobile device.

Ordering Online

When going abroad, it’s important to convert your cash in advance. This can be done online for additional ease and peace of mind. If you order your Euros online from the post office, for example, you will get a better exchange rate than you do if you were to walk into your local branch. This is important to note if you are travelling on a budget as it ensures that you get the most euros for your money.

Do Not Use Your Bank Card Abroad

When travelling around Europe, it’s important to not use your bank card. Depending on the exchange rate at the time of purchase or tax applied to your transaction, you may be charged extra. This is important to note, as your holiday could end up costing you more money than you initially planned to spend.  As a result, it is advised to use a pre-paid travel card that can be easily monitored.

With multiple money saving sites and companies such as FairFX, you can acquire one of these cards without issues at a price of exchange to suit you. , What’s more, these cards can even be given to your children as gifts, allowing them to purchase souvenirs. Not only does this teach children and young adults more about exchange rates, but also the value of money. This is ideal for parents as they can place a specific amount on the card and monitor how much their child is spending through the app.

When looking to convert any currency, it is important to monitor exchange rates and be aware that they are subject to change. By monitoring the exchange rates before you order your currency, you can be sure that you are getting the best value for money allowing you to enjoy your holiday stress-free. Enjoy!