If you answer a yes to this question, then join the club, my friends! The fact is that very few people out there realise the best course of action to take when it comes to tracking down the most profitable ways to buy travel money .
Top of the list of an action that you really should not take is to approach your bank for travel money. This is two-fold, also, as not only will the larger banks offer you the worst deals on purchasing travel money over the counter, but they will also rip you off if you prefer to use credit or debit cards abroad. They are very sneaky with this as they hide their fees in the overall charge that will appear on your statement when you get home.
It would be far better for you to approach a travel agent if you prefer to do an over-the-counter transaction. This is because travel agents will compete more realistically with their exchange rates; where as banks will rigidly stick to a terrible rate of exchange on most occasions.
Do not be fooled by some TV advertising where favourable exchange rates are concerned either; a certain large company that also delivers letters (you catch my drift here?), is rarely the best deal in town.
This only leaves certain online companies that sell travel money then and these will invariably work out as the best way of securing more money for your holiday. Do be careful here though, scrutinise the website meticulously before you go ahead and post an order.