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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 ProvidersAmount USD($)Exchange RateFee NZDTotal CostDeal Links
Travelex Online NZ logo
635.30 USD
Compare
0.63530^2.2%
ASB Bank Foreign Currency
ASB Bank logo
617.36 USD
18 USD
0.6236$104.96%
Banks - Average Rate
BNZ Bank logo ASB Bank logo TSB Bank logo
606.91 USD
28 USD
0.6141$106.57%
TSB Bank Foreign Currency
TSB Bank logo
603.80 USD
31 USD
0.6099$107.05%
BNZ Bank Foreign Currency
BNZ Bank logo
599.57 USD
36 USD
0.6087$157.7%
Travelex Online NZ: Travel Money NZD→USD
NZD amount:$1,000 NZD
Fee:$0 - No fees for Debit & Credit Cards
Exchange Rate:0.6353 (2.2% from mid-rate)
USD amount:635.30 USD
Total Cost:2.2%
Time:
Rate Fetched: Tue Jun 18 2019 00:45:03 GMT+0000 (UTC)
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 

ASB Bank logoASB Bank

ASB Bank: Travel Money NZD→USD
NZD amount:$1,000 NZD
Fee:$10 NZD (1%)
Exchange Rate:0.6236 (4% from mid-rate)
USD amount:617.36 USD
Total Cost:4.96%
Time:2:31 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Travel Money NZD→USD
NZD amount:$1,000 NZD
Fee:$10 NZD (1%)
Exchange Rate:0.6175 (4.94% from mid-rate)
USD amount:606.91 USD
Total Cost:6.57%
Currency Services:Branch
Delivery/Collect:-
 

TSB Bank logoTSB Bank

TSB Bank: Travel Money NZD→USD
NZD amount:$1,000 NZD
Fee:$10 NZD (1%)
Exchange Rate:0.6099 (6.11% from mid-rate)
USD amount:603.80 USD
Total Cost:7.05%
Time:2:31 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

BNZ Bank logoBNZ Bank

BNZ Bank: Travel Money NZD→USD
NZD amount:$1,000 NZD
Fee:$15 NZD (Minimum fee)
Exchange Rate:0.6087 (6.3% from mid-rate)
USD amount:599.57 USD
Total Cost:7.7%
Time:2:31 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Snapshot 06/18/2019 - See full table
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

 

Westpac Cuts Australian Dollar Forecasts, Expects Interest Rates to Halve This Year

The struggling Australian dollar will lose a further 5 percent of its value against the US dollar and pound before the year is out, and 3 percent against the euro and New Zealand dollar, Westpac predicted on Friday.

Last update: 25 May, 2019

AUD/NZD at 10-Week High and “Likely to Run Higher From Here”

The Australian dollar-New Zealand dollar exchange rate rose on Friday to a 10-week high as traders continue to make bets on monetary policy divergence between the RBA and RBNZ. Even higher rates are expected by teams at TD Securities and Societe Generale.

Last update: 5 Apr, 2019

Get Ready for Sterling’s “Big Finish”; Australian Dollar at 2-Week Low

GBP British pound sterling currency news and forecasts Brexit

Goldman Sachs is backing British MPs to soon find a way through the current political deadlock, after which a “big finish” is expected by the British pound. Meanwhile, pessimism surrounds the Australian and New Zealand dollars, both of which have fallen to multi-week lows.

Last update: 2 Apr, 2019

  

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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