In Reply to: Travelex posted by Mark L on Thursday, 7. October 2010 at 12:19 Bali Time:
The fees are huge and the conversion rate is terrible. Compare Travelex exchange rates to other ForEx outlets and you will see what I mean. I went to a Travelex shopfront last week to buy $75 US in notes and they were going to charge me $92 AUD.I went up the road a bit to the Flight Centre ForEx outlet (cant remember who it is now) and got $75 US for just under $80 AUD. Know who I will be using in future.
We used the Travelex card two years ago in Bali - and it just was not worth it, the exchange rate we got on the card was well below even what we could have got at the airport! - take cash, your normal bank ATM card or even a credit card (some of those even work out cheaper).