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Travelex Exchange Rates New Zealand – BER Review

In this article we take a look at Travelex in New Zealand, their 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 4
Customer Service 5
Ease of Use 4

Travelex New Zealand Exchange Rates – How do they Compare?

Travelex branches in NZ 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 NZ 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 $NZD 2,000 for foreign cash, note the margins are compared to the current market mid-rate.

 
Travel Money Providers Amount USD(U$)Exchange RateFee NZDTotal CostDeal Links
Travelex Online NZ logo
620.80 U$
Compare
0.62080^1.88%
ASB Bank Foreign Currency
ASB Bank logo
601.33 U$
U$19 less
0.6074NZ$104.96%
Banks - Average Rate
BNZ Bank logo ASB Bank logo TSB Bank logo
591.13 U$
U$30 less
0.5981NZ$106.57%
TSB Bank Foreign Currency
TSB Bank logo
588.16 U$
U$33 less
0.5941NZ$107.04%
BNZ Bank Foreign Currency
BNZ Bank logo
583.91 U$
U$37 less
0.5928NZ$157.71%
 
Travelex Online NZ logo
Travelex Online NZ: Travel Money NZD→USD
From Amount (NZD)NZ$1,000
Fee:$0 - No fees for Debit & Credit Cards
Exchange Rate:0.6208 (1.88% from mid-rate)
To Amount (USD)620.80 U$
Total Cost:1.88%
Time:
Rate Fetched: Tue Feb 25 2020 16:45:04 GMT+0000 (UTC)
Currency Services:FREE Home delivery & Branch pickup
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 
ASB Bank logo
ASB Bank: Travel Money NZD→USD
From Amount (NZD)NZ$1,000
Fee:NZ$10 NZD (1%)
Exchange Rate:0.6074 (4% from mid-rate)
To Amount (USD)601.33 U$
Total Cost:4.96%
Time:16:50 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Travel Money NZD→USD
From Amount (NZD)NZ$1,000
Fee:NZ$10 NZD (1%)
Exchange Rate:0.6014 (4.95% from mid-rate)
To Amount (USD)591.13 U$
Total Cost:6.57%
Currency Services:Branch
Delivery/Collect:-
 
TSB Bank logo
TSB Bank: Travel Money NZD→USD
From Amount (NZD)NZ$1,000
Fee:NZ$10 NZD (1%)
Exchange Rate:0.5941 (6.1% from mid-rate)
To Amount (USD)588.16 U$
Total Cost:7.04%
Time:16:50 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
BNZ Bank logo
BNZ Bank: Travel Money NZD→USD
From Amount (NZD)NZ$1,000
Fee:NZ$15 NZD (Minimum fee)
Exchange Rate:0.5928 (6.31% from mid-rate)
To Amount (USD)583.91 U$
Total Cost:7.71%
Time:16:50 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Snapshot 02/25/2020 - View latest rates
Travelex currency exchange rates vs bank average
 

Travelex NZ 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 $NZD1,000.


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.

 

Further Reading

 

Coronavirus spread fears linger – USD strong – AUD at 11 year lows

This week the US Dollar was touching three-year highs when valued against a basket of major currencies. The greenback’s traditional role as one of the safe-haven currencies is helped by a domestic economy that is largely immune to the threats of the coronavirus.

Last update: 22 Feb, 2020

New Year Optimism Retreats on US/Iran Tension

The threat of a proxy war between the US and Iran in Iraq has pared back some of the recent gains of “risk-on” currencies.

Last update: 8 Jan, 2020

AUD/GBP Between a Rock and a Hard Place – USD Strength

AUD/GBP versus AUD/USD and GBP/USD

Both the Australian dollar and British pound sterling have had a hard time of late caught between the rock of the China/US trade war and the Brexit hard place.

Last update: 7 Jan, 2020

  

Posted to: Reviews

 

1 Review for “Travelex Exchange Rates New Zealand – BER Review”

  1. BER Team BER Team says:

    BER rates Travelex UK 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.

    4.3

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