When travelling overseas, you will need some currency for your destination country. This is either in the form of a travel money card or cash. Travel money cards have increasingly become popular amongst individuals travelling abroad due to their security and convenience.
With these cards, you can fund your spending while overseas without incurring the high currency conversion fees experienced when dealing with cash. Ramsdens, a leading travel money service provider, offers you a platform where you can preload your travel budget and make international payments.
Ramsdens has around 130 of its branches distributed across the UK. This review highlights everything that you should know about Ramsdens travel money.
Ramsdens Currency Exchange Rates
Last updated: Mar, 19 9:00
|Currency||Rate||750 GBP Buys|
|Hong Kong dollars||8.617||6,462.75|
|New Zealand dollars||2.007||1,505.25|
|United Arab Emirates dirham||4.105||3,078.75|
Ramsdens Travel Money Card
Ramsdens offers customers a prepaid Mastercard, which can be used to buy goods and services across the border or make ATM withdrawals. The Ramsdens travel money card, which is available in either US dollars or euros, can be reloaded instore or online in case you run out of cash.
The card is accepted and usable, where a Mastercard logo is displayed. This includes places such as shops, hotels, restaurants, and bars. You can buy the Ramsdens travel money card online via the Ramsdens’ website or at any of their branches.
Ramsdens Travel Money Fees
When carrying out transactions in the currency of your card, the Ramsdens travel money card is fee-free. For ATM withdrawals, however, you will be charged up to USD 2 or 1.5 Euros in addition to possible ATM operator fees.
Using your card to make purchases in a different currency other than that of your card will cost you some additional charges. Once your travel money card has expired, you will be required to give a replacement fee of £4.95 should you wish to renew it.
You can browse through their website to establish other possible fees as well as to determine how the instore and online charges vary.
Ramsdens Exchange Rates
Ramsdens charges a zero per cent commission for their currency exchange. The Ramsdens website features a comparison of Ramsdens’ exchange rates against competitors such as NM Money, Eurochange, Asda, and No.1.
You can also use the Ramsdens currency calculator to find their specific exchange rates on any of the 50 supported currencies. It is also vital to know that exchange rates offered online vary from those offered instore.
It is, therefore, important to compare the rates provided instore and online if you are to pick the most favourable exchange rates.
Ramsdens Currency Buy-back
In case you do not spend travel money to the last coin, you can sell your currency back to Ramsdens. Ramsdens launched a currency buy-back offer that allows customers to exchange the remaining currency with the British pound after the travel. You do not have to worry about your currency leftover.
How Ramsdens Travel Money Work
The Ramsdens travel money services are ideal for individuals who travel overseas regular who are interested in a safe and easy to buy and spend currencies across the border. This is how Ramsdens travel money services work.
Purchase a Ramsdens Travel Money Card
These cards are available for purchase instore or online for collection at any of the Ramsdens’ branch. The cost of the card is waived depending on the amount of your first preload.
Load Your Travel Card
With a Ramsdens travel card account, you can load your card with your amount of choice at any location in the world. The loading process involves a transfer of money from your debit card to your travel card. You can do this either online or instore.
The card comes with instructions on how you will retrieve your PIN. You will need the PIN to make purchases or to reload the card with extra money. To retrieve this PIN, you will have to call the number provided at Ramsdens’ website. The call is charged at a standard network rate.
You can now take your travel card with you for spending across any location in the world. You should keep in mind that the travel card is valid for use at any point displaying the Mastercard Acceptance Mark.
Top Up Your Card Online
When you run low in cash during your travel, you can reload your travel card online. Create an online account via the Ramsdens website. You can then reload your card by clicking on ‘To up my card’.
You do not have to worry about any leftover currency on your travel card. Leave it there and wait until you travel back to the UK where you can sell the currency to Ramsdens.