Debenhams is a multinational departmental store found in the United Kingdom. It was launched in 1778 in London. Besides dealing with furniture, clothes, and household goods, the company also engages in financial services. Such include insurance, credit cards, and travel money.
Travel money service enables efficient and secure online ordering. Debenham’s travel money has competitive exchange rates for foreign currencies and does not charge any commission. The service also makes free deliveries to all the travel money transactions made.
Debenhams Currency Exchange Rates
Last updated: Jan, 21 3:00
|Currency||Rate||750 GBP Buys|
|Cayman Islands dollars||0.9633||722.48|
|Central Pacific francs||125.917||94,437.75|
|Costa Rica colons||671.32||503,490.00|
|East Caribbean dollars||3.3146||2,485.95|
|Hong Kong dollars||9.6222||7,216.65|
|New Zealand dollars||1.9226||1,441.95|
|Papua New Guinean kina||3.9498||2,962.35|
|Peruvian nuevo sol||3.9923||2,994.23|
|South African rand||18.0762||13,557.15|
|South Korean won||1409.46||1,057,095.00|
|Sri Lankan rupees||209.38||157,035.00|
|United Arab Emirates dirham||4.5818||3,436.35|
Debenhams Money Exchange at a Bureaux De Exchange near You
This company enables you to change travel money at any bureau de change near you over the counter. Most of their branches are open every day of the week, thereby making it reliable. You can, therefore, convert cash to the currency you want on any day.
Debenhams also has appetizing enticements such as a £5 voucher if you purchase above £50 in travel money. However, where to spend it and the time allocated may not be that much. You should be aware that not all the foreign currencies are available at Debenhams bureau so you will need to liaise with the office to know how you can be assisted.
Exchange rates at the bureau are less competitive compared to the Debenhams online rates, and you can apply these rates by visiting their store.
Debenhams Effective Foreign Currency Exchange
The company has now enabled customers to order for foreign cash on the travel money website and paying for the same after it has been received at a Debenhams store. You are allowed to order up to a limit of £2,499. For any deliveries that are above £500, Debenhams will not charge you anything, but there is a £6.95 fee for any deliveries below £500.
The company also allows you to cancel an order before delivery is done. You will have to cough a £10 cancellation fee for that though. A UK credit or debit card can be used to make the orders at Debenhams.
Travel Money Home Delivery
In case you do not feel like walking to a Debenhams store to collect your travel money you can have it delivered to an address you’ll provide as your home address. Ensure you make the order before 2 PM so that you can receive the cash in two working days.
For home deliveries, the maximum you can order is £2,500. And again for this case deliveries above £500 are not charged a cent, but a fee for deliveries below that amount is charged, typically £6.95. There should be someone to sign when the money is delivered to your home.
Travel Money Card
The company provides customers with a prepaid travel money card. It is availed to customers in both euros and US dollars. The card can be used abroad to draw cash from a foreign cash machine. You will not be charged any fees if you are withdrawing currency that is the same as the cards. The card requires you to apply in person, and you can recharge it at a Debenhams bureau.
Buying back of Foreign Currency
In case you do not use up all the foreign money, the company purchases the remaining at their rate. However, the buying rates are not that competitive, but Debenhams adds 20 percent to what they give customers if you are going to put that money onto a gift card.
Money Transfer to Bank Accounts Abroad
Debenhams has joined hands with Western Union to offer customers a bank-to-bank exchange of cash. That will be useful when you want to send money or make an international payment to another country.
Western Union is established in more than 200 countries in the world. However, to send money via Western Union, you will have to visit a Debenhams bureau de change.
Advantages of Debenhams Travel Money
Here are some of the benefits of using this service:
- The money can be redeemed at any bureau as they are over 100 across the United Kingdom.
- It has a PIN and Chip protection meaning it is secure.
- There is no commission charged on transactions.
- There are no restrictions on the number of reloads.
- Same currency transactions involve zero charges.
- Debenhams travel money can be used all over the world at any MasterCard.
Demerits of Debenhams Travel Money
- Its card is available to customers in only two currencies.
- The buyback rates are pricey.
- Poor customer review
Debenhams travel money is both suitable and not preferable, depending on the customer. For the customers in the UK and make several transactions in one currency, it is cheap. But for a customer making multiple transactions between different currencies, the rates may not be that favourable.