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Travelex Australia

 

In this article we take a look at Travelex Australia exchange rates and foreign currency services. Getting your travel money from the local Travelex branch is convenient but with a little planning (and ordering online) you can also save money for your next trip abroad.

Exchange Rates 3.3
Customer Service 3.2
Ease of Use 3.4

Travelex Australia Exchange Rates – How do they Compare?

Travelex Australia branches are a one stop shop, providing tons of helpful services to help you prep for an overseas trip. Travelex Australia provides foreign currency exchange, travel money cards, traveller’s cheques and foreign money transfer to bank accounts or cash pickup.

Travelex Australia Currency Exchange Rates vs the Banks

This travel money comparison table shows how much you could save on your next travel money purchase by ordering online for Travelex pickup vs the Average Bank Rate. This example shows you the situation where you want to change $AUD 2,000 for foreign cash, note the margins are compared to the current market mid-rate.

 

Travelex Online Travel Money Exchange Rates Compared

Buying USD Cash with AUD 2,000

ANZ Bank logo ANZ Bank
1AUD=0.7127USD
$1411.15 USD (4.43%)
Foreign currency cash is charged at 1% of the AUD equivalent value for each currency purchased, with a minimum charge of AUD 8 per currency.
Price Details
Receive: $1411.15 USD
Exchange Rate: 0.7127
(Inverse 1USD=AUD 1.4031)
Fees: AUD 20 (1%)
Total Cost : 4.43% (from mid-rate: 0.7383)
Amount of money that could be received by your currency exchange at rate AUD/USD=0.7127 and inclusive of the fee of AUD 20 (1%).
Rate timestamp : Wed Jul 18 2018 00:03:05 GMT+0000 (UTC)
NAB logo NAB
1AUD=0.7046USD
$1402.15 USD (5.04%)
The NAB in-branch travel money service is provided by Travelex.
Price Details
Receive: $1402.15 USD
Exchange Rate: 0.7046
(Inverse 1USD=AUD 1.4192)
Fees: AUD 10
Total Cost : 5.04% (from mid-rate: 0.7383)
Receive USD $9 less than with  ANZ Bank logo ANZ Bank
Amount of money that could be received by your currency exchange at rate AUD/USD=0.7046 and inclusive of the fee of AUD 10.
Commonwealth Bank logo Commonwealth Bank
1AUD=0.7072USD
$1400.26 USD (5.17%)
Price Details
Receive: $1400.26 USD
Exchange Rate: 0.7072
(Inverse 1USD=AUD 1.4140)
Fees: AUD 20 (1%)
Total Cost : 5.17% (from mid-rate: 0.7383)
Receive USD $11 less than with  ANZ Bank logo ANZ Bank
Amount of money that could be received by your currency exchange at rate AUD/USD=0.7072 and inclusive of the fee of AUD 20 (1%).
Rate timestamp : Wed Jul 18 2018 00:02:01 GMT+0000 (UTC)
Westpac logo Westpac
1AUD=0.7071USD
$1400.06 USD (5.18%)
Price Details
Receive: $1400.06 USD
Exchange Rate: 0.7071
(Inverse 1USD=AUD 1.4142)
Fees: AUD 20 (1%)
Total Cost : 5.18% (from mid-rate: 0.7383)
Receive USD $11 less than with  ANZ Bank logo ANZ Bank
Amount of money that could be received by your currency exchange at rate AUD/USD=0.7071 and inclusive of the fee of AUD 20 (1%).
St George Bank logo St George Bank
1AUD=0.7065USD
$1398.87 USD (5.26%)
Price Details
Receive: $1398.87 USD
Exchange Rate: 0.7065
(Inverse 1USD=AUD 1.4154)
Fees: AUD 20 (1%)
Total Cost : 5.26% (from mid-rate: 0.7383)
Receive USD $12 less than with  ANZ Bank logo ANZ Bank
Amount of money that could be received by your currency exchange at rate AUD/USD=0.7065 and inclusive of the fee of AUD 20 (1%).
Bank Rates - Average
ANZ Bank logo  Commonwealth Bank logo  St George Bank logo  Westpac logo  NAB logo  Bank of Melbourne logo  BankSA logo 
1AUD=0.7048USD
$1396.48 USD (5.43%)
This is the average AUD to USD Buy Foreign Cash exchange rate from multiple banks, exchange kiosks and post-offices, available over the counter and via the internet.

 
Price Details
Receive: $1396.48 USD
Exchange Rate: 0.7074
(Inverse 1USD=AUD 1.4136)
Fees: AUD 10
Total Cost : 5.43% (from mid-rate: 0.7383)
Receive USD $15 less than with  ANZ Bank logo ANZ Bank
Amount of money that could be received by your currency exchange at rate AUD/USD=0.7048 and inclusive of the fee of AUD 10.
Bank of Melbourne logo Bank of Melbourne
1AUD=0.6977USD
$1381.45 USD (6.44%)
Please check with the BOM in-branch travel money service for their latest rates.
 
Price Details
Receive: $1381.45 USD
Exchange Rate: 0.6977
(Inverse 1USD=AUD 1.4333)
Fees: AUD 20 (1%)
Total Cost : 6.44% (from mid-rate: 0.7383)
Receive USD $30 less than with  ANZ Bank logo ANZ Bank
Amount of money that could be received by your currency exchange at rate AUD/USD=0.6977 and inclusive of the fee of AUD 20 (1%).
BankSA logo BankSA
1AUD=0.6977USD
$1381.45 USD (6.44%)
 
Price Details
Receive: $1381.45 USD
Exchange Rate: 0.6977
(Inverse 1USD=AUD 1.4333)
Fees: AUD 20 (1%)
Total Cost : 6.44% (from mid-rate: 0.7383)
Receive USD $30 less than with  ANZ Bank logo ANZ Bank
Amount of money that could be received by your currency exchange at rate AUD/USD=0.6977 and inclusive of the fee of AUD 20 (1%).
Travelex currency exchange rates vs bank average
 

Travelex Australia Exchange Rates – Savings Tip – Order Travel Cash Online for Better Currency Rates

Travelex provides an extensive and convenient branch network for people who prefer to do their foreign exchange in person at the local branch or last minute at the airport. This convenience comes at a cost with higher exchange rate margins, however, these can be minimised by pre-ordering your foreign cash online for pickup at the Travelex branch or another convenient location.

The important thing to know here is that you can get better rates online than available in branch.

Click on the link below to order your travel money online from Travelex and select to pick up at your foreign cash at your nearest located branch or even at the airport.


Order travel money online

Travelex logo Travelex Australia

Save money for your trip by ordering your foreign cash online from Travelex, you can still pickup your money in person at any Travelex branch.

Note a $10 collection fee applies for Travelex Australia foreign currency collections or Travelex home delivery orders that are under $AUD1,000.


Sending money abroad with Travelex

It is possible to send money abroad with Travelex however for better exchange rates we recommend for bank to bank transfers, it is always better to use a FX specialist:

Order foreign cash online for pick-up at your local Travelex branch or the airport – Save Time & Money.

Related Posts

Reviews - Average Rating: 3.3

13 Reviews for “Travelex Australia”

  1. BER Team BER Team says:

    BER rates Travelex Australia 4 stars for exchange rates (when you order online) and 5 stars for the usability of their website and apps and 4 stars for customer service.

    Exchange Rates 4
    Customer Service 4
    Ease of Use 5
  2. jb56 says:

    “Have been using Travelex for the past 6 years and have always been more than happy with their service. I prefer to carry my money in the form of their Cash Passport, rather than monetary notes. Ordered most recently on Thursday evening via the Internet and the new Card arrived “loaded” on Saturday morning. The only drawback is, from what I can see, when you load an existing card of which I already have money remaining on from a previous holiday, they charge if loaded via Telephone or Internet. Therefore I just order a new Card/Cash Passport each time, to avoid this charge. More than happy with the service I receive.”

    Exchange Rates 4
    Customer Service 4
    Ease of Use 4
  3. sandra says:

    we used this company while we traveled to fiji they were the best as far as fees go. i ordered on line &picked up at sydney international very easy.

    Exchange Rates 5
    Customer Service 4
    Ease of Use 4
  4. Pradeep says:

    From my experience of about 14 years, Travelex offers the lowest rate. Only good for emergency cash on arrival of a new location.

    Exchange Rates 2
    Customer Service 4
    Ease of Use 3
    1. BER Admin BER Admin says:

      Hi Pradeep, the Travelex shown here is the Travelex Online rate which is much better than the rates available in their shops or at the airport.

      It’s best not to buy currency at airports in general where we agree you get the worst rates!

  5. Dario says:

    Pretty good however the ‘margin and fees’ went up from about 1.9% to 2.6% within a week, which now is close to Westpac for example so not as competitive any more

    Exchange Rates 3
    Customer Service 2
    Ease of Use 4
  6. RhondaS says:

    Used this service when travelling through Europe – very disappointed – whilst using it we could never get a balance and list of transactions. Since arriving home have tried on several occasions to cancel the card and get a refund. This has not occurred despite repeated requests and as each month we’ve had the $2 bank charges out of the balance, there’s hardly no money left. Never again

    Exchange Rates 2
    Customer Service 1
    Ease of Use 0
  7. DpNar says:

    Ok… honestly, who writes all this comments? Travelex staff? I found online service better that their consultants. They can be mmmm…. Okay, no all of them but!
    Their customer service is very poor. Do your research people, you can find better companies around, and many of them not as popular can give you the perfect customer service you are looking for when spending your hard work earned money. Don’t just settle for pity service. Good rates can be found very easily. In my personal opinion Flight centre, student travel and scape travel can offer better, if you dont ask you don find out. Good luck!

    Exchange Rates 1
    Customer Service 1
    Ease of Use 1
  8. Mick59 says:

    Found Travelex through this site. Their online system was easy to navigate and I completed my transaction quickly. Received email verification of my transaction in a timely fashion and choose date of pickup to suit my needs. Received an email to pick up my cash much earlier than expected. Collected cash with minimal delay. Overall my experience was excellent and would highly recommend Travelex to anyone

    Exchange Rates 5
    Customer Service 5
    Ease of Use 5
  9. Sue says:

    Great rates but you can’t access the online balance from a tablet which makes it difficult to keep track of your money.

    Exchange Rates 5
    Customer Service 3
    Ease of Use 1
  10. Stan says:

    Beware fraudulent rate published for the Travelex currency buy rate as site says if you “change over AUD$2,000 equiv of USD, EUR, JPY or GBP for a 0.25% better rate.”
    Rate actually comes out as 0.13% better – false advertising. Travelex should be fined by the regulators

    Exchange Rates 1
    Customer Service 0
    Ease of Use 0
    1. BER Admin BER Admin says:

      Hi Stan,

      thanks for your comment, Just wondering how you came up with figure of 0.13% ?

      Looking at the current Travelex AUD/GBP rates of 0.5248 below $2K and 0.5261 above $2K

      (0.5261 – 0.5248) / 0.5248 = 0.002477 = 0.25%

      Please let us know if you think there is an error in our calculations.

  11. bob9 says:

    bought a travelex cash passport for my trip to europe via this site and very happy with it

    Exchange Rates 4
    Customer Service 4
    Ease of Use 4

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