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.
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.
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.
| Provider | Amount EUR(€) | Exchange Rate | Fee AUD | Deal Links |
|---|---|---|---|---|
Travelex Online Card  | €583.42 5.24% Compared | 0.5923 | $0 BPay, Card 0.72%-1% | |
Travelex Online Foreign Cash  | €573.27 6.89% Compared | 0.582 | $0 BPay, Card 0.72%-1% | |
Banks - Average Rate      Average of bank rates | €583.83 5.18% €0.41 more | 0.5915 | 0 |
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.
| Currency | Airport Rate | Online Rate | Online Saving |
|---|---|---|---|
| USD | 0.6957 | 0.7201 | 3.5% |
| EUR | 0.5805 | 0.6066 | 4.5% |
| GBP | 0.5185 | 0.5403 | 4.2% |
| JPY | 74.7924 | 78.6816 | 5.2% |
| NZD | 1.0083 | 1.0527 | 4.4% |
The important thing to know here is that you can get better rates online than available in branch and especially at the airport.
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.
Travelex AustraliaSave 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.
This table shows Travelex exchange rates for travel money. The percentages with the rates show how much margin is charged compared to the market mid-rate. The table is updated hourly, for the latest comparison goto our comparison calculator for Travel Money.
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.
To help you choose between Travelex and Travel Money Oz the following live exchange rates table shows who has the best exchange rate when ordering foreign currency online.
Last update: 13 May, 2020
Travel Money Oz has 130+ stores across Australia that stay open late and on weekends, 24×7 online orders and friendly phone service available. Offering 60+ currencies to buy and sell, travel money cards, international transfers and travel insurance.
Last update: 13 May, 2020
Compare FX Providers and Banks for:
Get a Better Deal when you Send and Spend Abroad.
Travelex , 1AUD=
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.
“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.”
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.
From my experience of about 14 years, Travelex offers the lowest rate. Only good for emergency cash on arrival of a new location.
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!
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
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
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!
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
Great rates but you can’t access the online balance from a tablet which makes it difficult to keep track of your money.
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
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.
bought a travelex cash passport for my trip to europe via this site and very happy with it