tesco travel money eston

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• United Kingdom

Tesco Travel Money

Find out more about tesco travel money options with our useful guide..

In this guide

What travel money services does Tesco offer?

What currencies can i order through tesco, how much can i transfer with tesco, how soon can i get my money, how safe is my money, are there any fees i might have to pay, customer service information for tesco travel money.

Tesco offers two travel money services:

• Buy Online. Home delivery is free, when you spend £500 or more online
• Buy In Store. Open seven days a week, most of Tesco’s bureaux are open late on week nights.

Here’s a list of the countries available to order travel money for:

• Australian Dollar (AUD)
• Bahraini Dinar (BHD)
• Barbados Dollar (BBD)
• Brazilian Real (BRL)
• Brunei Dollar (BND)
• Bulgarian Lev (BGN)
• Canadian Dollar (CAD)
• Cayman Islands Dollar (KYD)
• Chilean Peso (CLP)
• Chinese Yuan Renmibi (CNY)
• Costa Rican Colon (CRC)
• Croatian Kuna (HRK)
• Danish Krone (DKK)
• Dominican Peso (DOP)
• Egyptian Pound (EGP)
• Hong Kong Dollar (HKD)
• Hungarian Forint (HUF)
• Iceland Krona (ISK)
• Indonesaian Rupiah (IDR)
• New Israeli Sheqel (ILS)
• Jamaican Dollar (JMD)
• Japanese Yen (JPY)
• Jordanian Dinar (JOD)
• Kenyan Shilling (KES)
• Kuwaiti Dinar (KWD)
• Malaysian Ringgit (MYR)
• Mauritius Rupee (MUR)
• Mexican Peso (MXN)
• New Zealand Dollar (NZD)
• Norwegian Krone (NOK)
• Omani Rial (OMR)
• Papua New Guinean Kina (PGK)
• Peruvian Nuevo Sol (PEN)
• Philippine Peso (PHP)
• Polish Zloty (PLN)
• Qatari Rial (QAR)
• Saudi Riyal (SAR)
• Singapore Dollar (SGD)
• South African Rand (ZAR)
• Swedish Krona (SEK)
• Swiss Franc (CHF)
• New Taiwan Dollar (TWD)
• Thai Baht (THB)
• Trinidad and Tobago Dollar (TTD)
• Turkish Lira (TRY)
• UAE Dirham (AED)
• US Dollar (USD)
• Aland Islands (ALA)
• Andorra (AND)
• Australia (AUS)
• Austria (AUT)
• Bahrain (BHR)
• Barbados (BRB)
• Belgium (BEL)
• Brazil (BRA)
• Brunei (BRN)
• Bulgaria (BGR)
• Canada (CAN)
• Cayman Islands (CYM)
• Chile (CHL)
• China (CHN)
• Costa Rica (CRI)
• Croatia (HRV)
• Cyprus (CYP)
• Denmark (DNK)
• Dominican Republic (DOM)
• Egypt (EGY)
• Estonia (EST)
• Finland (FIN)
• France (FRA)
• French Guiana (GUF)
• French Southern Territories (ATF)
• Germany (DEU)
• Guadeloupe (GLP)
• Hong Kong (HKG)
• Hungary (HUN)
• Iceland (ISL)
• Indonesia (IDN)
• Ireland (IRL)
• Israel (ISR)
• Italy (ITA)
• Jamaica (JAM)
• Japan (JPN)
• Jordan (JOR)
• Kenya (KEN)
• Kuwait (KWT)
• Latvia (LVA)
• Lithuania (LTU)
• Luxembourg (LUX)
• Malaysia (MYS)
• Malta (MLT)
• Martinique (MTQ)
• Mauritius (MUS)
• Mayotte (MYT)
• Mexico (MEX)
• Monaco (MCO)
• Montenegro (MNE)
• Netherlands (NLD)
• New Zealand (NZL)
• Papua New Guinea (PNG)
• Philippines (PHL)
• Poland (POL)
• Portugal (PRT)
• Qatar (QAT)
• Reunion (REU)
• Saint Barthelemy (BLM)
• Saint Martin (MAF)
• Saint Pierre And Miquelon (SPM)
• San Marino (SMR)
• Saudi Arabia (SAU)
• Singapore (SGP)
• Slovakia (SVK)
• Slovenia (SVN)
• South Africa (ZAF)
• Spain (ESP)
• Sweden (SWE)
• Switzerland (CHE)
• Taiwan (TWN)
• Thailand (THA)
• Trinidad And Tobago (TTO)
• Turkey (TUR)
• United Arab Emirates (ARE)
• United States (USA)

For your security as well as Tesco’s, there are some limits on how much you can order and collect.

You can order between £50 to £2,500 online.

Tesco will email you an order confirmation, and will confirm your exact delivery date. The table below shows the earliest time your money can be delivered.

Tesco Travel Money uses the same delivery service as Travelex, so they know what they’re doing. If, however, there is a problem with your order you can contact Tesco directly and they will deal with your issue.

When you spend £500 or more online, home delivery is free.

For online orders less than £500, you pay £3.95 for delivery.

We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use . When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you. Most of the data in Finder's comparison tables has the source: Moneyfacts Group PLC. In other cases, Finder has sourced data directly from providers.

Charlie Barton

Charlie Barton was a publisher at Finder. He specialised in banking and investments products, including banking apps, current accounts, share-dealing platforms and stocks and shares ISAs. Charlie has a first-class degree from the London School of Economics, and in his spare time enjoys long walks on the beach.

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4 Responses

My son has a tesco travel money card and is in america. He has forgotten his pin number. What can he/we do to help him please?

Thanks for leaving a question on finder.

You can request a new PIN or a reminder if you forget your current PIN online or by phone.

Online: Log in to Online Banking, click on your account and then select Manage account in the top right hand corner. Select the account name, above the sort code and account number on the Account Overview, then choose Request PIN reminder from the menu.

Enter the last four digits of your card number and choose whether you want to get a new PIN or a reminder of your existing PIN. You’ll receive your PIN number within 2 – 3 working days by post.

By phone: Call them on 0345 678 5678* and they’ll send a new PIN to you. You’ll receive your PIN number within 2 -3 working days by post. It can not be sent overseas so you will have to give the pin to your son once you have it by mail.

Please send me a message if you need anything else. :)

Cheers, Joel

Can I swap over 50 euros into pounds at a tesco store

Thanks for getting in touch with finder. I hope all is well with you. :)

Yes, you may be able to swap over 50 Euros into Pounds at a Tesco Store. However, please note that for security reasons, there are some limits on how much you can order and collect.

I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.

Have a wonderful day!

Cheers, Joshua

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Tesco Bank Travel Money – How Does It Work?

Planning your dream vacation? Alongside your flight bookings and luggage preparations, it’s essential to ensure your travel money arrangements are in order.

If you prefer having cash in hand while abroad, one convenient option for acquiring foreign currency is through Tesco Bank Travel Money. But what exactly is it, and how does it work? Let’s delve into the details, covering the process of ordering, collection and delivery options, fees, exchange rates, and more.

Additionally, we’ll explore an alternative that not only streamlines your travel expenses but also potentially saves you money – the Wise card . It’s an international debit card designed for spending and cash withdrawals in over 150 countries, boasting favourable exchange rates and eliminating the need to carry cash around, leaving extra room in your luggage.

But first, let’s focus on understanding Tesco Bank Travel Money.

What is Tesco Bank Travel Money and How Does it Operate?

Tesco Travel Money is a service that allows you to purchase foreign currency, either online or at a physical Tesco store. This flexibility enables you to either pre-order your currency or buy it on the spot at your local Tesco supermarket, provided they have a travel money bureau in-store.

Tesco Bank boasts a wide range of readily available foreign currencies for purchase, including popular options like EUR and USD. However, if the currency you require isn’t in stock, they can place an order for you.

Here are the key features offered by this service:

• Price Match : If you come across a better exchange rate advertised within three miles of your local Tesco Travel Money Bureau on the same day, Tesco Bank will match it. This applies exclusively to in-store, like-for-like transactions and not to rates advertised online.
• Clubcard Prices : Tesco Clubcard holders can benefit from improved exchange rates by providing a valid Clubcard number. This perk is available only for online currency purchases.
• Buy Back Service : If you have any unused foreign currency remaining after your trip, you can exchange it back to Tesco Bank for pounds.
• 10% Discount on Tesco Bank Travel Insurance : When you purchase Tesco Travel Money, you can enjoy a 10% discount on Tesco Bank travel insurance.

It’s worth noting that Tesco Travel Money received the ‘Best Travel Money Provider’ award in the Personal Finance Awards 2022/23, a recognition bestowed by the public. This foreign currency exchange service is powered by Travelex.

Fees and Exchange Rates

Now, let’s explore the cost associated with using Tesco Bank Travel Money. The good news is that there’s no commission fee when ordering currency in a Tesco store or opting for Click and Collect services.

However, for certain orders requiring home delivery, there are delivery fees to consider. Here are the main charges you should be aware of:

• Online foreign currency orders between £75 and £149.99: £4.99 delivery fee.
• Online foreign currency orders between £150 and £499.99: £3.95 delivery fee.
• Online foreign currency orders over £500: Free.
• Late cancellation of Click & Collect order (less than 24 hours before the collection date): £10 late cancellation fee.

It’s essential to keep in mind that additional charges might apply if you use a credit card to pay for your Tesco Travel Money order. While Tesco Bank won’t charge you, your credit card provider is likely to impose fees for cash-related transactions, which often include foreign currency purchases.

Tesco Travel Money Exchange Rates

Tesco Bank Travel Money, like many other foreign currency providers, incorporates its margin into the mid-market exchange rate. Also known as the interbank rate, this is the rate used by banks for inter-currency transactions, considered one of the fairest exchange rates. However, it’s rarely available through most providers, except for a few like Wise.

By adding its margin to the rate, Tesco Bank generates revenue from the transaction. Unfortunately, this means you’ll receive slightly less foreign currency in exchange for your pounds. Nevertheless, Tesco Bank offers slightly improved rates for Tesco Clubcard holders when they order online.

The exchange rates provided by Tesco Bank are transparent and can be checked in real time on their website.

Do Tesco Clubcard Holders Get Better Exchange Rates?

If you’re a Tesco Clubcard holder considering using Tesco Bank Travel Money, you might be wondering if this loyalty program can help you secure more favourable exchange rates.

The Clubcard Price offered by Tesco Bank Travel Money is designed to provide you with better rates compared to the standard ones advertised online at the time of purchase . This exclusive perk is accessible when you make your currency purchases online. To benefit from the Clubcard Price, you’ll need to input a valid Clubcard number during the transaction.

It’s important to note that exchange rates can fluctuate depending on the method you choose for purchasing your foreign currency. Whether you opt to buy in-store, online, or by phone, these rates may vary.

How to Order Travel Money from Tesco – A 9-step Guide

If you’re interested in obtaining travel money from Tesco, here’s a step-by-step guide for placing an online order:

• Visit the Tesco Bank Travel Money website.
• Choose your desired currency from the dropdown menu on the right-hand side.
• Indicate whether you possess a Tesco Clubcard. If you do, you’ll benefit from enhanced exchange rates.
• Select the amount you wish to order, either by choosing from the predefined options or entering a specific amount.
• Review the exchange rate and the amount of currency you’ll receive in exchange for your pounds.
• Click on ‘Buy Currency Online’
• Follow the on-screen instructions to place your order, including entering your Clubcard number (if applicable) and payment details. Note that online orders are payable by card only.
• Select either Home Delivery or Click & Collect, making the required delivery fee payment if applicable.
• Await the arrival of your travel money through postal delivery or head to your local Tesco Bank bureau on your chosen collection date to pick up your order.

The Collection and Delivery Process

If you opt for Click & Collect, you can conveniently locate your nearest Tesco store with a foreign exchange bureau by entering your postcode. You’ll receive a specified collection date, and your money will be ready for collection after 3 PM on that date. Don’t forget to bring photo ID and the card used for placing the order to verify your identity.

For home delivery orders, here’s what you can expect in terms of delivery times:

• Orders placed before 1:30 PM from Monday to Thursday: Next day delivery.
• Orders placed before 1:30 PM on Friday: Delivery on Saturday or Monday.
• Orders placed after 1:30 PM from Monday to Friday, or anytime on Saturday or Sunday: Delivery within 2 working days.

Remember that someone must be present to sign for the delivery of travel money orders.

The Tesco Multi-currency Cash Passport

Tesco Bank offers an interesting alternative known as the Tesco Multi-currency Cash Passport. This prepaid travel money card allows you to load up to seven different currencies before your trip, enabling spending abroad just like you would with a regular debit card in the UK. The added benefit is the ability to lock in the exchange rate every time you load, reload, or switch between currencies.

However, there are a few considerations to keep in mind. The available currencies are limited to euros, US dollars, UK pounds, South African rands, Australian dollars, Canadian dollars, and New Zealand dollars. There are fees involved as well, including a £1.50 withdrawal fee at ATMs or a 2% commission on purchases made in UK Pounds.

The Wise Card – A Convenient Alternative to Currency Exchange

While Tesco Bank Travel Money provides a reliable option for obtaining foreign currency, it’s not the sole solution for managing your holiday expenses.

If you’re seeking more favourable exchange rates and a cashless approach, the Wise card is an attractive choice. This contactless international debit card can be used in over 150 countries, wherever Mastercard and Visa are accepted. This grants you the ability to make purchases in shops, restaurants, bars, and transport hubs worldwide.

When you use the Wise card, it automatically converts your pounds to the local currency at the mid-market exchange rate, with no additional margins or markups. There is only a modest currency conversion fee, or none at all if you already have the currency in your Wise account.

For cash needs, the Wise card allows you to withdraw up to £200 per month with no fees (up to two withdrawals). However, be mindful that overseas ATM operators may charge their own fees.

With the Wise card, you can enjoy the convenience of tapping and spending like a local, all while benefiting from a favourable exchange rate. Additionally, the Wise app allows you to manage your account, card, and expenses on the go.

By opening a Wise multi-currency account online, you can obtain a Wise card for a one-time cost of just £7, without any subscription fees. Be sure to review the Terms of Use for your region or check Wise fees and pricing for the most up-to-date information on costs and fees.

And there you have it – a comprehensive overview of Tesco Bank Travel Money and its operations, plus a cashless alternative for digital fans. If you prefer having foreign currency in hand before your trip, then Tesco Travel Money is certainly worth considering, particularly due to its lack of commission fees. Alternatively, you can conveniently visit your local Tesco store with a foreign exchange bureau to obtain your travel money instantly.

Remember, it’s advisable to conduct a quick comparison of exchange rates, as you may find more favourable options for obtaining foreign currency elsewhere but Tesco Travel Money solidifies its reputation with one of the more attractive offerings for travellers.

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Tesco Bank Travel Money Review: Is It Safe? How Does It Work? What Are the Rates?

François Briod

Co-Founder of Monito and money transfer expert, François has been helping Monito’s users navigate the jungle of money transfer fees, bad exchange rates and tricks for the last ten years.

Links on this page, including products and brands featured on ‘Sponsored’ content, may earn us an affiliate commission. This does not affect the opinions and recommendations of our editors.

Is Tesco Travel Money the best option for sending money abroad? Compare your options to make sure you get the best exchange rate and lowest fees for your transfer.

What Monito Likes About Tesco Travel Money

• Wide availability across the U.K.
• A range of currency exchange services
• Tesco Bank Travel Money services are safe, secure and regulated

What Monito Dislikes About Tesco Travel Money

• Exchange rates can be considerably more expensive than the base exchange rate or exchange rates from other providers
• Local bureau de change rates can be more expensive still and you can only get these rates by visiting a Tesco bureau de change

Compare Tesco To Cheaper Travel Money Cards Now

Read our in-depth guide for the best travel cards in the UK, such as Revolut , that can reduce or eliminate foreign transaction fees, ATM fees, and expensive currency conversion fees.

Our Independent Review of Tesco Bank Travel Money

Tesco Bank Travel Money is a currency exchange provider that offers foreign currency services. As part of the largest supermarket chain in the U.K., Tesco Bank is very widely available with over 360 in-store money exchange locations and pre-order money collection from over 550 Tesco stores. They have minimum order amounts of £50 and maximum order amounts of £2,500. You can exchange money for more than 120 currencies. 

Tesco travel money is provided through a partnership with Travelex .

Tesco Bank Click and Collect for Foreign Currency

You can choose to order foreign currency online through your Tesco bank account. You can then have the money delivered directly to your home address or to a Tesco store. If you order euros or U.S. dollars before 2 PM, you can pick them up the next day from most Tesco Travel Money locations.  Other currencies can take up to five days. You can also order any currency for the next weekday delivery to most Tesco customer service desks.

You can choose a collection date for picking up your money and you’ll need to bring a valid photo ID—either a passport, or a full UK photographic driving license. You’ll also need to bring the card that you used to place the order. 

Tesco Bank Currency Exchange at Local Bureaux de Change

Tesco Bank also provides immediate money exchange at  360 in-store locations across the U.K. Many of these locations are open seven days a week with same-day collections on many popular currencies. 

Tesco Bank Home Delivery for Travel Money

If you order foreign currency before 2 PM from Monday to Thursday, you can get next day home delivery to most homes in the U.K. Orders of £500 or more and there’s a £3.95 delivery charge for orders under that amount. You will need to have someone available to sign for the delivery. 

Tesco Bank Prepaid Currency Card

Tesco Bank offers a “Cash Passport” travel card. You can load up to seven currencies on the card including euros, U.S. dollars, U.K. pounds, South African rands, Australian dollars, Canadian dollars and New Zealand dollars. Tesco Bank does not charge a commission on foreign purchases, although there is a 2% fee if you use the card in the U.K. The travel money card is only available at a Tesco Bank location. 

Tesco Bank International Money Transfer

Tesco Bank allows you to send money to an international account so you can make a payment or deposit money with family or friends. Tesco Bank has a partnership with MoneyGram . This means you can send money to over 200 countries around the world. MoneyGram can’t be used for business transactions. 

You can send money through the MoneyGram app or by paying with a debit card or cash at a Tesco Bank location. Beneficiaries can get money deposited into their bank account, transferred to a mobile wallet or they can pick it up in cash at a MoneyGram agent location. Money transfers can take anything from a few minutes to a couple of working days. 

You can also collect 50 Tesco Clubcard points every time you send £50 or more.

No Card Fees Charged by Tesco Bank

Whether you buy online or in-store, Tesco Bank does not charge any card processing fees, although you may be charged by your card provider.

Tesco Bank Price Guarantee

Tesco Bank provides a price match guarantee on local bureau de change orders. This does not apply to online orders. Here’s what Tesco Bank says about its price guarantee:

“If you find a better exchange rate advertised by another provider within three miles of your chosen Tesco Travel Money Bureau, on the same day, we'll match it.

Price Match only applies in store on a like-for-like basis on sell transactions and does not apply to any exchange rate advertised online or by phone. This is not available in conjunction with any other offer. We reserve the right to verify the rate you have found and the three-mile distance (using an appropriate route planning tool).”

Tesco Travel Money Fees & Exchange Rates

In most cases, Tesco Bank makes its money on the difference between the “base,” interbank* exchange rate and the exchange rate that they charge to you. However, some services such as international money transfers do incur additional fees. 

*The interbank rate is also known as the mid-market or standard exchange rate, which is the midpoint between the buying and the selling prices of the two currencies.

Click and Collect Fees

There is no additional fee for Click and Collect orders, although if you cancel a Click and Collect order less than 24 hours before your collection date you will be charged a £10 late cancellation fee.

Tesco Bank Travel Money Money Card Fees

• Tesco Bank does not charge a commission on foreign purchases, although there is a 2% fee if you use the card in the U.K.
• There is a fee for ATM withdrawals as follows: GB £1.50, EU €1.75, US $2.30, AU $2.30, CA $2.40, NZ $3.00, ZA R20. Some cash machine operators charge an extra fee
• There may be other fees associated with the travel money card, you can get details of these fees from a Tesco Bank location

Tesco Bank Travel Money Money Card Limits

Tesco Bank locations will have details on any limits applicable to your travel money card. 

Overseas Money Transfer Fees

Tesco Bank has a partnership with MoneyGram and they do charge a fee for sending money directly to some countries. Typically, the fee charged by MoneyGram is £3.99.

About Fees Levied by Banks

Certain fees may be levied by banks when you are transferring money to another account. These fees are outside the control of Tesco Bank Travel Money. Circumstances, where banks may charge additional fees, include:

• Wire transfers into or out of sender or beneficiary accounts
• Transfers that are sent via SWIFT or certain other banking protocols
• Beneficiary banks charge a fee to receive a transfer
• Intermediary banks charge fees to process money in transit

These fees could mean that the beneficiary receives less money than stated by Tesco Bank Travel Money due to circumstances beyond Tesco Bank Travel Money’s control. If you want to understand what these extra fees are likely to be, please contact your bank and the beneficiary's bank.

Tesco Bank Travel Money Exchange Rates for Online Travel Money

Tesco does offer better exchange rates the more you order. You can start to access these better exchange rates when you buy £800 or more of foreign currency.

Tesco Bank Travel Money makes most of its money on the difference between the exchange rate they offer to customers and the base exchange rate. For example, the base rate to convert U.K pounds into euros is 1.146 euros per pound. Tesco Bank Travel Money offers an exchange rate of 1.125 euros per pound, a difference of 2%. That means if you’re exchanging 1,000 pounds into euros, you’ll pay an exchange rate fee of around £20.

Here are some other examples:

Exchanging 1,000 U.K. Pounds Into Australian Dollars

• Base exchange rate, 1,000 GBP converts to 1,862 AUD
• Tesco Bank Travel Money online exchange rate, 1,000 GBP converts to 1,819 AUD
• The Tesco Bank Travel Money exchange rate is 2.3% more expensive, or around 23 GBP in exchange rate fees

Exchanging 1,000 U.K. Pounds Into Danish Krone

• Base exchange rate, 1,000 GBP converts to 8,560 DKK
• Tesco Bank Travel Money exchange rate, 1,000 GBP converts to 8,107 DKK
• The Tesco Bank Travel Money exchange rate is 5.2% more expensive, or around 52 GBP in exchange rate fees

Exchanging 1,000 U.K. Pounds Into U.S. Dollars

• Base exchange rate, 1,000 GBP converts to 1,265 USD
• Tesco Bank Travel Money exchange rate, 1,000 GBP converts to 1,244 USD
• The Tesco Bank Travel Money exchange rate is 1.7% more expensive, or around 17 GBP in exchange rate fees

If you’re purchasing currency online or you want to transfer money to an overseas account, you can get much better deals by comparing specialist currency exchange providers . Several money exchange services have overall fees of 1% or lower, even when taking into account differences in exchange rates. 

All of the Tesco Bank Travel Money exchange rates quoted in this section are based on their online rates for converting money for home delivery or store pickup. Local bureau de change rates may vary and are likely to be more expensive than what we quote here. All rates correct as of early October 2019.

Tesco Bank Travel Money Exchange Rates for International Money Transfers

Here are the rates Tesco Bank charges for sending money to foreign bank accounts through MoneyGram.

Sending 500 U.K. Pounds to a Euro Account

• Base exchange rate, 500 GBP converts to 573 EUR
• Tesco Bank Travel Money exchange rate, 500 GBP converts to 550 EUR
• The Tesco Bank Travel Money exchange rate is 4% more expensive, or around 20 GBP in exchange rate fees

Sending 1,000 U.K. Pounds to a South African Rand Account

• Base exchange rate, 500 GBP converts to 9,343 ZAR
• Tesco Bank Travel Money exchange rate, 500 GBP converts to 8,551 ZAR
• The Tesco Bank Travel Money exchange rate is 8.5% more expensive, or around 43 GBP in exchange rate fees

Sending 1,000 U.K. Pounds to a New Zealand Dollar Account

• Base exchange rate, 500 GBP converts to 999 NZD
• Tesco Bank Travel Money exchange rate, 500 GBP converts to 937 NZD
• The Tesco Bank Travel Money exchange rate is 6.3% more expensive, or around 31 GBP in exchange rate fees

Note that you will need to pay a Tesco Bank Travel Money international money transfer fee, typically £3.99, to send money to a foreign account. 

All of the Tesco Bank Travel Money / MoneyGram exchange rates quoted in this section are based on their online rates for sending money to an overseas bank account. All rates correct as of early October 2019.

Comparing Tesco Bank Travel Money Rates To Other Providers

You can easily compare many money transfer services directly using our comparison tool . There are several new services that it’s worth comparing directly to Tesco Bank Travel Money.

Specialist Currency Providers for Other Destinations

You may also be able to get a better deal for money transfers when you’re sending money to certain countries. For example, if you’re sending 500 GBP to India, the beneficiary would get around 44,846 INR with Skrill compared to 44,373 INR with Tesco Bank Travel Money, a difference of around 1% or £10. 

How Easy Is It To Send Money With Tesco Travel Money

Tesco Bank Travel Money services provide convenient local and online currency exchange and money transfer services, combined with an international travel card.

Credibility Security

Tesco is a very well known, trusted brand. Here’s what they say on their website. 

“Tesco Travel Money ordered in-store is provided by Travelex Agency Services Limited. Registered No. 04621879. Tesco Travel Money ordered online or by telephone is provided by Travelex Currency Services Limited. Registered No. 03797356. Registered Office for both companies: 4th floor, Kings Place, 90 York Way, London N1 9AG.

Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. Issued by Wirecard Card Solutions Limited. Registered Office: 3rd Floor, Grainger Chambers, 3-5 Hood Street, Newcastle upon Tyne, NE1 6JQ. Registered in England No. 07875693. Authorised and regulated in the UK by the Financial Conduct Authority to issue e-money (Firm Reference Number: 900051).”

Customer Satisfaction

Tesco Bank Money scored very poorly for customer satisfaction on Trustpilot, achieving a score of just 1.4 out of 5 across more than 600 reviews. Around 11% of reviews said that they were “excellent” or “great” compared to 88% of reviews that said they were “poor” or “bad.” Note that these reviews were across Tesco Bank Money as a whole, not just for travel money or currency or online overseas transfers. 

We could not find any positive reviews for Tesco Bank’s travel money service. 

There were numerous negative reviews including problems with discrepancies in the amount of foreign currency received, complaints about customer service and issues of the late arrival of travel money. A typical review was, “Ordered travel money from Tesco. When counting the travel money, a significant amount was missing coming to the approximate value of £35. Tesco investigated and found no discrepancies. So I am £35 out of pocket due to their incompetence. Do not order travel money off Tesco.”

How Tesco Bank Travel Money works

If you want to pick up travel money in person, the individual who ordered the travel money must collect it. You will need to have an order reference number and the card you used to pay for your order. You will also need to know your card's PIN to verify your order. You should also have a valid photo ID like a passport, full photographic driving license or an EU ID card. 

Here’s what you’ll need to make a money transfer with MoneyGram.

• If you have a MoneyGram account you can log in, otherwise, you will need to create a new account
• Decide how much you’d like to send and where you want to send it to
• Enter all the required information about the beneficiary, this might include their name, address, bank account details, and other personal data
• Tell MoneyGram how the beneficiary wants to get their money—through a bank transfer, cash pickup, or via some other means
• Agree to the MoneyGram exchange rate and any fees
• Pay for your transfer
• Enter your information to verify your identity

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Tesco Bank Travel Money Review 2022

After writing a review of Western Union, Skrill money and asking whether MoneyGram is safe, this article will look at Tesco Bank Travel Money.

Is it a good option for exchanging money or do better options exist in the UK?

If you have any questions you can contact me using   this form .

Table of Contents

Introduction

If you’re planning a pause on your everyday life, a vacation can be a great option, but there are a few things that you definitely need to decide ahead of time. 

Your passport, insurance, and flight tickets are essential for sure, but you have to save money if you also organize your travel money before departure.

Tesco offers travel money services provided through its banking division, including foreign exchange and travel money cards. Here is what we are going to talk about in this article.

You can either order cash in advance for delivery or collection, or call the branch with a money transfer agency. If you are thinking about your options, it is helpful to know how much commission Tesco may charge on your travel expenses. 

Make sure you compare them to other providers to get the best deal available, and especially look at the suggested exchange rate for your particular currency pair. 

It’s obvious these words can be not understandable for people who hear the name of Tesco for the first time, so continue reading to find out what is Tesco, what services does it offer and how it can be useful for you. 

For those who are already acquainted with Tesco, don’t hurry to close the tab, you’ll also find some new and helpful information, which will definitely help you decide if you need this service or not, so let’s go.

Tesco Bank Travel Money Overview

Tesco Bank Travel Money is a currency exchange provider offering services in foreign currencies. Being a part of the largest supermarket chain in the UK, Tesco Bank is widely available with over 360 in-store money exchange points and pre-order options in over 550 Tesco stores. 

They have a minimum order amount of £ 50 and a maximum order amount of £ 2,500. You can exchange money for over 120 currencies. Tesco’s travel money is provided through a partnership with Travelex.

Tesco, along with many other supermarkets, has joined the banking market. You can also use them to buy and sell travel money. 

However, any prospective traveler should keep in mind that while the traditional way of getting money to travel is good and good, there are a number of digital applications that can make the process easier. 

These include Starling, Revolut and N26. However, for the best way to get money for your trip with Tesco, all the information you can find below.

• Wide availability across the UK, about 500 stores
• A wider range of currency exchange services
• Tesco money services are safe, secure and guaranteed
• Partner with MoneyGram, which means money transfers are also available
• No fees over £ 500
• 7 currencies while withdrawing from ATMs
• Exchange rates can be considerably more expensive than the exchange rates from other providers
• Home delivery time can be longer (up to 5 days)
• ATM withdrawal fee

How does Tesco Bank work?

Tesco via its Tesco Bank offers several different ways to get holiday cash or prepaid travel money card. You can order the currency in advance for collection or home delivery, or simply call the money transfer bureau in the Tesco store if there is one nearby. Let’s discuss each option:

• Click and collect foreign currency

You can order foreign currency online and collect it later from one of Tesco’s money transfer bureaus or from the customer service at your local branch. 

There are over 300 money transfer bureaus throughout the country, as well as 100 more stores that offer payment through customer service. 

If you are ordering Euros or US Dollars, they may be ready the next business day if you place your order before 2 PM, and for other currencies, preparation can take up to 5 days.

• Home delivery of foreign currency

If it is inconvenient to receive foreign currency in a store, you can order it at your home address. It can also be a faster service, as all currencies arrive the next business day, provided they were ordered before 2 PM Monday through Thursday. 

However, these orders cannot be changed or canceled once they have been placed, and you will need to make sure someone at home signs for the delivery when it arrives. If your order value is less than £ 500, there is a £ 4 fee, but if you order over £ 500 you do not need to pay for shipping.

• Cash bureaus in stores

About 550 Tesco stores have their own money transfer agencies offering on-site currency exchange and roadmap sales. 

It is good to know that the exchange rates offered by Tesco differ from store to store, and online exchange rates may be different again. If you decide to buy holiday money from Tesco, make sure that you are happy with the proposed rate.

• Cash Passport travel prepaid multicurrency card

Tesco offers travel money that you have to buy in a store at the Tesco Road Money Bureau, which is the ‘Cash Passport’ card. You can load up to seven currencies onto your card, including Euros, US dollars, British pounds, South African rand, Australian dollars, Canadian dollars and New Zealand dollars. 

You can use it for ATM withdrawals or everyday expenses while traveling.  Tesco Bank does not charge a fee for foreign purchases, although there is a 2% fee when using the card in the UK. The travel money card can only be obtained from a Tesco Bank branch.

In most cases, Tesco Bank makes money on the difference between the “base” interbank exchange rate and the exchange rate they charge you. However, some services, such as international money transfers, are subject to additional fees.

Tesco Bank provides a price match guarantee for orders from the local exchange office. This does not apply to online orders. Here’s what Tesco Bank has to say about their price guarantee:

“If, on the same day, you find the best exchange rate offered by another provider within three miles of your chosen Tesco Travel Money Bureau, we will match it. Price matching only applies in-store on a consistent basis for sale transactions and does not apply to any exchange rate advertised online or over the phone. It is not available in combination with other offers. We reserve the right to check the speed and 3 mile distance you found.” – Tesco Bank

Now let’s become acquainted with more details about the Tesco fee and commission structure.

Tesco does not charge an explicit commission or exchange fee, however, you may find that there’s a markup added to the real exchange rate. 

Home delivery of travel money will cost you £ 3.9 for orders up to £500. No fees for orders over £500 as already mentioned.

With Tesco order cancellation is also available. Unless you cancel less than 24 hours before the collection date, you will then be charged a late cancelation fee of £10

Actually while withdrawing money with Tesco, you’ll be required to pay fees, which depend on the currency being withdrawn. About the precise fee amounts we will talk below.

About fees charged by banks

When transferring money to another account, banks may charge certain fees. These fees are outside the control of Tesco Bank Travel Money. Circumstances under which banks may charge additional fees include:

• Electronic transfers to the accounts of the sender or recipient or from the accounts of the sender or recipient
• Transfers sent via SWIFT or some other bank protocols
• Receiving banks charge a fee for receiving the transfer
• Intermediary banks charge a fee for processing money in transit

These fees may mean that the recipient receives less money than indicated in Tesco Bank Travel Money due to circumstances beyond Tesco Bank Travel Money’s control. 

Tesco Bank Travel Money card fees

Tesco Bank does not charge a commission for overseas purchases, although there is a 2% commission charged when using the card in the UK.

The following fees apply for ATM withdrawals: € 1.75 in the EU, £ 1.50, $ 2.30, AU $ 2.30, C $ 2.40, NZ $ 3.00, AU $ 20. Some ATM operators charge additional fees.

There may be other fees associated with the travel money card, you can get detailed information on these fees from a Tesco Bank branch. Tesco Bank branches will also provide details of any limits applicable to your travel money.

About the partnership of MoneyGram and Tesco Bank

Tesco Bank allows you to send money to an international account so you can make a payment or deposit money to your family or friends. 

Tesco Bank partners with MoneyGram. This means that you can send money to over 200 countries around the world. MoneyGram cannot be used for business transactions.

You can send money through the MoneyGram app or pay with a debit card or cash at a Tesco Bank branch. 

Beneficiaries can receive money into their bank account, transfer it to a mobile wallet, or receive it in cash at a MoneyGram dealership. Money transfers can take from a few minutes to a couple of business days. You can also collect 50 Tesco Clubcard points every time you send £ 50 or more.

More about the exchange rate you get with Tesco

If you’re buying travel money through Tesco, it’s a good idea to do a little research before deciding whether to order currency online or in a store. 

Online exchange rates differ from usual exchange rates at transferring agencies and may also vary from store to store. Store rates are not displayed online and cannot be checked without calling local offices.

Once you’ve found the best exchange rate Tesco offers, you’ll want to make sure it’s fair. This is easily done by comparing the Tesco exchange rate to the market average exchange rate.

While exchange rates do vary and rise and fall all the time based on market changes, your reference rate should always be the current market average. This is the only real exchange rate you will find if you Google your currency pair or use an online currency converter.

Compare the Tesco rate with the average market rate for your pair to determine the markup or spread that may have been added to the rate. 

Banks and exchange offices often add it to the real exchange rate to increase their profits. It is opaque and therefore difficult to know if you are getting a fair deal or not.

However, you can find a service that offers currency exchange at mid-market rates, with a small prepayment if you know how.

A great option if you are looking to exchange your pounds sterling for holiday money is to open a borderless multicurrency account with TransferWise. You can exchange your pounds to any of over 40 different currencies using the real exchange rate, and withdraw local currency from an ATM while traveling or spend using a linked debit card. More on this – and other tips for preventing unfair currency exchange fees – in a moment.

More about the multicurrency card

So you already know that Tesco offers a multi-currency card called Cash Passport. It is a prepaid currency card that allows you to load up to 7 different currencies onto it before you travel and then withdraw money from ATMs or use your roadmap for your daily expenses in shops and restaurants.

It is important to note that you can only obtain a Tesco Tourist Card by visiting a Tesco branch with a travel agency. 

Travel money cards are popular because they are convenient, but are often considered safer than using a credit or debit card abroad. 

This is because the prepaid currency card only stores the money you load onto it and is not linked to your main bank account. This way, even if you lose your card and PIN, thieves will never be able to access your regular bank account.

However, when using the Tesco travel money, there are fees for various services, including ATM withdrawals, about what you already learned. 

One unfair cost that you really don’t want to get into when using your credit, debit or road card abroad is Dynamic Currency Conversion (DCC).

What is it? DCC is a common headache for travelers, and while banks and merchants offer this service to their customers, it could mean you are paying a lot more than you need to buy overseas.

DCC is where you are asked if you want to be charged in your local currency when buying or withdrawing from an ATM, rather than your local currency. 

The catch here is that if you say you want to be charged in your local currency, the exchange rate is usually poor and you may also face high fees. Avoid unnecessary costs by always requesting payment in your local currency.

Getting a borderless account and linked debit card is completely free and does not require a minimum balance. 

You don’t have to go to a Tesco travel agency to get your card and bill, which will save you time, and thanks to the low fees and great exchange rate, you can usually save money as well.

Getting money for the trip is never the most enjoyable part of your vacation. But without prior research, you may find that it costs a lot more than you need to get money for the expenses. 

Spend some time ahead of time researching the best travel money options for you and more in your pocket to spend while you’re away.

Customer satisfaction

Tesco Bank Money scored a very low customer satisfaction score on Trustpilot, scoring just 1.4 out of 5 in over 600 reviews. 11% of reviews were “excellent” or “great,” compared to 88% of reviews that said they were “bad” or “bad.” 

Please note that these reviews were for all Tesco Bank Money, not just travel money or currencies or online transfers abroad.

Now let’s see some of the real both positive and negative reviews and see what bothered the customers and why they are not satisfied.

5 star review

“I’ve just used Tesco Travel Money for the first time. I will only deal with financial institutions that are FCA registered and authorized which Tesco’s are. Their rate was a little lower than some companies but that’s a small price to pay for security. All I can say is that their service is excellent. I ordered Friday morning and the money was delivered to my home on Saturday morning at no extra cost. I was able to pay using my Tesco Credit Card without any transaction fees. Brilliant service, thank you very much Tesco.” – Customer

2 star review

“I have twice bought US dollars from click and collect. They arrived when they said both times. But both times I was given large bills $100 and $50. Not many places in the US accept these due to the chances of forgery, much like our higher value notes here. There is no option to select the denomination you want. Until this is an option or I know I will get $20 bills or less I will no longer use this service. This time I’ve come back with $200 in notes I couldn’t spend so I’ll see if they’ll let me change back to pounds like they say they do.” – Customer

1 star review

“Ordered travel money online. Had approximately £35 worth of travel money missing from my order, Tesco investigated this and found no discrepancies and refused to give my money back leaving me £35 out of pocket after trusting them to do their jobs correctly. Do not use them. Go to a trusted travel exchange.” – Customer

As you can see, the same service can make happy someone and sad another one. Yes the exchange rate is the main source of revenues, that’s why sometimes the fees can be higher, but anyways Tesco is one of the leading travel money providers in the financial industry.

Pros & Cons of travel money cards

Here are some significant advantages and disadvantages that can be provoked by travel money cards.

• Cash can be stolen. When traveling abroad, the last thing you can do is steal your international money. Using a travel money card means you only need to worry about one card, not wads of cash.
• Multiple currencies. All good travel cards can store multiple currencies at once. This is great if you are traveling to several countries with different currencies.
• Reserve card. Most travel money card come with a backup card that you can activate if your primary card is stolen. Just remember to store your backup card in another bag!
• Your savings are safe. When using the card, you will not be spending money from your regular account, but from another. This means you can keep your spending under control and if your card is stolen, you don’t need to worry about thieves gaining access to your savings account.
• Exchange rate lock. This one may also be on the pro list. Being able to lock in the exchange rate when transferring to a card can save you a little money if the rate goes up, but if it improves, you miss out on the savings.
• Fees. When using the travel card, you will be charged a certain fee, but the amount of costs may vary. Some cards charge a one-time transfer fee, others charge more. Make sure to read all terms and conditions before choosing a card.
• Reboot Delay. On some cards, the delay between transfer and access to funds is up to three days. This can cause some problems if you have unforeseen expenses while traveling.
• You may need cash. In some places you can go, you can only get cash from small shops or markets. Before traveling, be sure to study this problem so as not to get into an unpleasant situation!

Here they are, some really helpful pros and cons that can assist you in further decisions, to choose if you need any travel money card, and which one of the available companies will be a good match for you. 

Further Reading

The article below looks at Small World Money Transfer. Is this a good option for you, or do superior alternatives exist in the market?

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Northampton Weston Favell Extra Tesco Travel Money

About tesco travel money at northampton weston favell extra.

Tesco Travel Money Northampton is conveniently located inside our store so you can easily exchange currency. Take a look at the Tesco Bank website to see our stocked currencies.

Frequently Asked Questions

You can view exchange rates on our Travel Money website - https://www.tescobank.com/travel-money/ . Exchange rates may vary during the day and will vary whether you're buying in store, online or over the phone.

You can find our opening times at the top of this page.

Please contact Travel Money on 0345 366 0103 or visit https://www.tescobank.com/travel-money/contact-us/ .

You can search for your nearest Travel Money kiosk on our store locator https://www.tesco.com/store-locator/ .

Contact Information

Nearby stores, tesco pharmacy 12 weston favell centre, tesco petrol station 12 weston favell centre, f&f clothing 12 weston favell centre.

Money latest: Morrisons shoppers are going to notice two changes in stores

Morrisons has launched two major changes for shoppers – with stores offering travel money and trolleys now featuring advertisements. Read this and all the latest consumer and personal finance news below - and leave your thoughts in the box.

Thursday 25 April 2024 19:51, UK

• Halifax hikes mortgage rates - as entire market moves upwards
• Renters' Reform Bill signed off - but with indefinite delay to no-fault evictions ban
• Morrisons rolls out bureau de change and trolley adverts

Essential reads

• The world of dark tourism - what is it, is it ethical, and where can you go?
• Money Problem : I have a mortgage offer - will it change now rates are rising?
• Savings Guide : Why locking into fixed-rate bond could be wise move
• 'More important than a will': What are lasting power of attorneys and how much do they cost?
• Cheap Eats : Michelin chef's secret lasagne tip - and expensive ingredient you shouldn't use

Ask a question or make a comment

Halifax has become the latest major lender to up mortgage rates.

They are putting up a range of deals by 0.2%.

BM Solutions also announced increases today.

It follows similar moves by TSB, NatWest, Virgin, Barclays, Accord, Leeds Building Society, HSBC and Coventry last week.

Lenders are responding to swap rates - which dictate how much it costs to lend money - rising on the back of higher than expected US inflation data, and concerns this could delay interest rate cuts there. 

US trends often materialise elsewhere - though many economists are still expecting a base rate cut from 5.25% to 5% in the UK in June.

This is what average mortgage rates look like as of today...

Justin Moy, managing director of EHF Mortgages, told Newspage: "Yet more bad news for mortgage borrowers, as two of the biggest lenders announce increases to their fixed-rate products. 

"As mortgage rates creep up and past 5% even for those with the largest deposits, we seem to be lacking a clear strategy of the government or the Bank of England on how rates will eventually fall. 

"Even 2% inflation may not be enough to reverse the recent trends in rates."

Morrisons has launched two major changes for shoppers – with stores now offering travel money and trolleys featuring advertisements.

Announcing their bureau de change service, Morrisons said customers could exchange currencies in select stores or could place their money orders online at Morrisonstravelmoney.com.

Using the online service means customers can either click and collect their cash in certain Morrisons stores or at any of Eurochange's 240 branches. Alternatively, they can go for home delivery.

Services director at Morrisons, Jamie Winter, said the service "will provide our customers with easy access to a wide range of currencies at competitive exchange rates".

So far, stores in the following areas have travel money kiosks:

• Basingstoke

In other news, the supermarket chain rolled out a new trolley advertising across 300 stores in a partnership with Retail Media Group.

A sweetener used in drinks, sauces, savoury and sweet foods and chewing gum can cause serious damage to people's health, according to a new study.

Neotame, a "relatively new" sweetener, could damage the intestine by causing damage to healthy bacteria in the gut, according to the study, leading it to become diseased and attack the gut wall.

The study by Anglia Ruskin University (ARU), published in the journal Frontiers in Nutrition, found the negative effect of neotame "has the potential to influence a range of gut functions resulting in poor gut health", potentially impacting metabolic and inflammatory diseases, neuropathic pain, and neurological conditions.

The illnesses this could lead to include irritable bowel disease or insulin resistance.

Read the full story here ...

As we reported yesterday, a pilot programme is coming into force in Venice today that means visitors have to pay a €5 (£4.28) charge to enter the city.

Authorities say the pilot programme is designed to discourage tourists and thin the crowds that throng the canals during peak holiday season, making the city more liveable for residents.

Pictures have been emerging this morning of people queueing to register for a QR code that will allow them to enter after they have paid the charge - and officials carrying out checks on people inside the city.

People found to be contravening the rules can be fined up to €300 (£257).

As detailed in our story , the move has been met with anger among some in the city.

Venice is the first city in the world to introduce a payment system for tourists - but comments from its most senior tourist official suggested it may become a more common practice for major tourist hotspots in Europe.

Simone Venturini revealed the pilot programme was being closely watched by other places suffering from mass tourism - including other Italian art cities and hugely popular weekend-break destinations Barcelona and Amsterdam.

More than 160,000 people switched to Nationwide from other providers at the end of 2023, when the building society was offering a huge cash switching incentive.

According to figures from the Current Account Switch Service (CASS), Nationwide had a net gain of 163,363 account switchers between October and December, after leavers were taken into account.

It was the highest quarterly gain since the same period in 2022, when 111,941 switched to Nationwide.

The building society launched a £200 switching bonus for new joiners in September last year - the biggest giveaway on offer at the time. It withdrew the offer just before Christmas.

The latest CASS figures, which show Nationwide had 196,260 total gains before accounting for leavers, suggesting it could have spent up to £39m on nabbing customers from other providers in the last three months of the year.

Barclays and Lloyds Bank saw more modest net gains of 12,823 and 5,800 respectively, while the rest of the UK's big banks reported net losses.

NatWest and Halifax fared worst, losing over 40,000 more switchers each than they gained.

This week saw the last remaining switching offer on the market withdrawn.

Sainsbury's is having technical issues again - with shoppers taking to social media to say their deliveries have been delayed or cancelled.

The supermarket has been replying to customers saying: "I'm really sorry about the tech issues this morning. 

"We're aware of the situation and are working to sort it as quickly as possible. In the meantime, we'd advise you place a new order for a future date."

Customer Andrew Savage wrote: "Order has not been delivered and no confirmation email this morning."

Another, John B Sheffield, said: "So angry! Just got through to your customer line after 40 min WAIT. 

"Tells me NO DELIVERIES TODAY! tech problem? I've NO FOOD IN! ANGRY!"

In a statement to Sky News, a Sainsbury's spokesperson says: "A small technical issue affected some groceries online orders this morning. 

"We have contacted these customers directly to apologise for the inconvenience." 

In another update at 10am, the supermarket said that the issue has been resolved. 

Responding to customers on X, Sainsbury's also offered those affected e-vouchers and details on how to rebook their orders.

It comes a month after the supermarket had to cancel almost all deliveries on a Saturday in mid-March due to another technical issue.

By Daniel Binns, business reporter

A potential $38.8bn (£31bn) takeover of UK-based mining company  Anglo American  has sent its shares soaring - and helped the FTSE 100 hit yet another record high this morning.

The attempted mega-merger, by larger Australian rival BHP, is currently being reviewed by Anglo American's board.

The deal, if it goes through, would create the world's biggest copper mining company - and comes as the price of the metal continues to climb amid soaring demand.

Anglo American's shares have surged as high as 13% this morning as news of the negotiations emerged.

The announcement also helped spur the FTSE 100 to a new intraday (during the day) high of 8,098 points.

The index, of the London Stock Exchange's 100 most valuable companies, has hit a string of records this week, including  an all-time closing high of 8,044 points  on Tuesday.

The score is based on a calculation of the total value of the shares on the index.

Also moving the markets are a string of company results which were published earlier on Thursday.

Among those issuing updates to investors was drugsmaker AstraZeneca. Its stock is up more than 5% after the firm reported quarterly profit and revenue above market estimates.

Unilever is also up 5% following similar better-than-expected quarterly figures.

Another good performer is  Barclays  - despite reporting a 12% fall in profits for the first three months of 2024. Its shares are up more than 4%.

That's because its quarterly figures are slightly better than expected, and the bank has said it expects its fortunes to improve later this year.

Meanwhile, as tensions in the Middle East continue, the price of a barrel of Brent crude oil continues to hover at a price of around $88 (£70).

This morning £1 buys $1.25 US or €1.16, similar to yesterday.

Every week we get experts to answer your Money Problems - usually on a Monday, but today we have a short, bonus addition in light of multiple lenders raising mortgage rates this week on fears an interest rate cut could be delayed to a little later this year (note: many economists still think it will come in summer).

A few readers have got in touch with questions similar to this one...

My remortgage is due to complete on 1 May. I already have an offer but with rates going up, is there any way at all my offer rate could increase? Saz681

We asked David Hollingworth, director at L&C Mortgages, to answer this one...

It's great news that you are already set up with a mortgage offer, Saz - ready to make a smooth switch to a new deal and/or lender, once the current one ends.  

It does take time to set up a new mortgage so shopping around the market a good few months ahead will help you put everything in place and avoid slipping onto a high variable rate.

Fixed rates have been nudging up slightly but you have already got a formal offer in place so shouldn't worry.  

Applying for a mortgage will generally secure that rate and the lender will then carry out any further checks to issue the mortgage offer.  

The offer will be valid for a specified period, often for up to six months. Rates are always shifting for new customers but you can rest easy that your rate should be safe and sound for your switch in May.

This feature is not intended as financial advice - the aim is to give an overview of the things you should think about. Submit your dilemma or consumer dispute, leaving your name and where in the country you are, by emailing [email protected] with the subject line "Money blog". Alternatively, WhatsApp us  here .

By Ollie Cooper , Money team

Interest in a phenomenon known as "dark tourism" has been steadily rising in recent years - but what is it?

To find out, we've spoken with tourism academic  Dr Hayley Stainton  and renowned dark tourist and author Dr Peter Hohenhaus, who runs a  dark tourism website .

What is it?

In general, dark tourism involves travelling to sites connected to death or disaster.

"Dark tourism has been around for as long as we have been travelling to places associated with death," Dr Stainton says. 

However, the term wasn't officially coined until 1996 by John Lennon, a professor of tourism at Glasgow Caledonian University, in Scotland.

"Not everyone is familiar with the term," says Dr Stainton, "[but] many people have been a dark tourist at some time or another, whether intentional or not."

Some examples of the most famous sites

• Auschwitz concentration camp, Poland
• 9/11 Memorial and Museum in New York, US
• Chernobyl, Ukraine 
• Hiroshima and Nagasaki, Japan
• Choeung Ek "killing fields" and the Tuol Sleng genocide museum at the former S-21 prison in Phnom Penh, Cambodia 

Areas with a degree of infamy, like Alcatraz, are extremely popular spots that also fall under the "dark tourism" umbrella. 

How popular is it?

Dr Hohenhaus and Dr Stainton say they have noticed a rise in its popularity. 

"Tourists are looking for more unique and unusual experiences," Dr Stainton says. 

"This has seen a move away from the more traditional 'sun, sea and sand' type holidays to a variety of different tourism forms, which includes dark tourism."

Dr Hohenhaus adds: "Maybe people want to connect to more recent and hence more personally relevant history - that is definitely the case with myself."

He goes on: "I think I've learned more about the world through dark tourism than through all of my formal education or my previous academic career."

Is it ethical?

This is the big question associated with dark tourism. 

Dr Stainton says that while problems do arise, the stigma around the practice is often misguided. 

"People don't visit sites like the killing fields in Cambodia or the site of Chernobyl for 'fun' - they visit for the educational experience, as dark tourism is often also a form of educational tourism," she says.

Problems arise when tourists are not respectful to those who may have been impacted.

"For instance, taking inappropriate photos or laughing and joking when others may be in a state of mourning."

Notorious examples include people taking selfies outside Grenfell Tower and at Auschwitz. 

"It is therefore imperative that dark tourists are considerate of those around them and respectful at all times," Dr Stainton says.

"As long as you are not just after a cheap sensationalist thrill - take dark tourism seriously and do it right, and it can be an immensely enriching thing to engage in."  Dr Hohenhaus

Where could you go? 

These are Dr Hohenhaus' recommendations:

• Ijen crater in Indonesia - where at night you can see the fabled blue flames of the sulphur mines next to the volcano crater lake;
• The Polygon, the former Semipalatinsk nuclear weapons test site of the USSR, now in Kazakhstan;
• The Goli Otok former prison island off the coast of Croatia;
• The Murambi memorial to the Rwandan genocide - which Dr Hohenhaus says is "certainly the very darkest place I have ever been";
• Majdanek concentration camp memorial near Lublin, eastern Poland.

What do you think of dark tourism? Is it misunderstood, educational or abhorrent?  Let us know in the comments section...

John Lewis will be sharing its job interview questions online in an attempt to find the "best talent".

The retail chain hopes that allowing candidates to view questions before an interview will allow prospective employees to "really demonstrate what they can do" and prepare, the Financial Times reports.

John Lewis talent acquisition lead Lorna Bullett told Sky News that interviews can feel daunting and "nerves can seriously impact performance".

She added the company want "the right people" from a variety of backgrounds and with "the best talent" to join.

"It makes absolute business sense to find ways of helping candidates to really demonstrate what they can do," she said.

Ms Bullett added that the process will be "no less rigorous".

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