Ramsdens Travel Money Review

Ramsdens is a well-established UK-based financial services provider with over 30 years of experience in offering foreign currency exchange, among other services. Known for their competitive exchange rates and customer-centric approach, Ramsdens makes it easy for British travellers to access a wide range of foreign currencies. With a mix of online and in-store services, they cater to those who want flexibility and convenience when preparing for international trips.

Travel Money Services Offered

Ramsdens provides several travel money services to help travellers get the most out of their foreign currency exchange:

• Currency Orders: Ramsdens offers more than 50 currencies available for online order. Whether you prefer to have your currency delivered to your home or pick it up at a local Ramsdens branch, they provide options to suit your schedule.
• Buy-Back Service: If you have leftover currency after your trip, Ramsdens allows you to sell back unused foreign currency. The buy-back service offers a straightforward process with funds deposited into your bank account.
• Prepaid Travel Cards: Ramsdens offers prepaid cards loaded with multiple currencies, which provide a safe alternative to carrying cash while travelling. These cards can be used to make purchases or withdraw money abroad.

Customer Feedback and Trustpilot Insights

Customer reviews for Ramsdens Travel Money are generally positive, with users highlighting the convenience of ordering currency online and either picking it up at the branch or receiving home delivery. Many customers also appreciate the prepaid travel cards for their added security.

However, there are occasional complaints about the exchange rates. Some customers feel that Ramsdens’ rates aren’t as competitive as those offered by other specialist providers. Similarly, while the buy-back service is useful, the rates for selling back unused currency don’t always meet expectations, leading to a slightly less favourable experience for some.

On Trustpilot, Ramsdens Travel Money has a solid reputation, with positive comments often mentioning the quality of customer service and the smoothness of the currency ordering process. On the other hand, a few customers express frustration with the exchange rate offered during their transactions, as well as the limitations of the buy-back process.

Pros and Cons

Pros:

• Flexibility in Delivery and Collection: Ramsdens allows you to choose between home delivery or branch collection, making it convenient for travellers with varying schedules.
• Reputable and Reliable: With over 30 years in the business, Ramsdens offers a trusted service with extensive experience.
• Wide Range of Services: In addition to foreign currency exchange, Ramsdens also offers services like travel insurance and money transfers.

Cons:

• Exchange Rate Variability: Some customers find Ramsdens’ exchange rates less competitive than other providers, particularly for less common currencies.
• Buy-Back Rates: The rates offered for returning unused foreign currency may not always provide the best value.
• Prepaid Card Fees: There may be fees associated with the prepaid travel cards, which can add to the overall cost for customers.

What You Need to Know

• Order in Advance: To ensure you get the best rates and avoid any delays, it’s advisable to place your currency order well ahead of time.
• Check Buy-Back Terms: Before exchanging unused currency, make sure you understand the buy-back rates and consider other providers if you are looking for higher returns.
• Consider Prepaid Cards: Ramsdens’ prepaid cards offer a safe way to manage your spending abroad but be aware of potential fees.

Our Thoughts

Ramsdens Travel Money is an excellent option for UK travellers seeking a reliable service with competitive exchange rates. Their flexible delivery and collection options make it easy to obtain your travel money on your terms. However, if securing the most competitive exchange rate is a priority, it’s worth comparing their offerings with other providers. Ramsdens is best suited for those who value a trusted, established brand and appreciate the convenience of using a single provider for currency exchange and other travel-related services.

Quick Links

• • See how Ramsdens rates compare to other providers.
  • View Ramsdens travel money rates.
  • Go to Ramsdens website.