These are our live retail rates which are updated between 9 and 9.30 am daily, Monday to Friday. Our Friday rates are used on weekends and public holidays. To find out the rates that we sell currency and Cash Passports to you, use the tab labelled "I want to purchase foreign currency". To find out how much you will get in Australian dollars for your foreign currency, use the tab labelled "I have currency to exchange". Price Comparisons - see how much you can save. Prepaid Card Price ComparisonsThis price comparison was last performed on February 3 2012. Prices are taken from the relevant websites and include the relevant commission fees as contained on those sites. the Travelex in store rate is from their Figtree branch (as their retail rates are not available online). Our price is the current daily rate as advertised on our website and is updated daily. Every effort was made to obtain accurate pricing. Please note that pricing is not the only difference between the different Prepaid Travel Card products and should be only one factor taht youe consider These tables show how much you can save by exchanging your money at "The Currency Exchange" in Brookvale and Wollongong. They are based on loading $1,000 Australian into the following currencies and reloading $10,000 at these institutions - all savings are shown in Australian Dollars. This does not include Bpay reloads of any cards as those rates are not accessible. Card TypeIncludes FeeForeign Amount you would receive at The Currency ExchangeThe Currency ExchangeCash Passport CardNo Fees.US Dollars1035.9Euro774.8British Pounds649.3 Extra Amount you would pay to receive this amountPost OfficeCash Passport Card$10$13.78$11.42$9.85Travelex OnlineCash Passport Card$10$9.13$8.32$7.54Travelex FigtreeCash Passport Card$15$30.59$86.65$88.22Travel Money OZCash Passport Card$11$19.47$16.58$39.51ANZANZ Travel Card$15$19.17$16.94$21.98American ExpressAmerican Express Travel Card$15$15.77$13.45$12.08CommonwealthCommonwealth Travel Card$15$21.51$17.59$23.39 For example it would cost you an extra $13.78 Australian to purchase $1035.90 US Dollars Cash Passport Card at the Post Office than with us at The Currency Exchange. Card TypeIncludes FeeForeign Amount you would receive at The Currency ExchangeThe Currency Exchange Cash Passport CardNo FeeUS Dollars10,359Euros7,748British Pounds6,493 Extra Amount you would pay to receive this amountTravelex OnlineCash Passport Card$100$91.32$83.25$75.42Travelex FigtreeCash Passport Card$100$255.88$816.46$832.23Travel Money OZCash Passport Card$110$194.70$165.81$395.13ANZANZ Travel Card$100$141.68$119.40$169.79AmexAmerican Express Travel Card$100$107.73$84.54$70.82CommonwealthCommonwealth Travel Card$100$165.10$125.88$183.86For example it would cost you an extra $194.70 Australian to reload $10359.00 US Dollars onto a Cash Passport Card at Travel Money OZ than with us at The Currency Exchange.The Post Office is not included in the reload table at it appears that you cannot relaod your card at the Post Office, only via Bpay (for which it is impossible to know the rate - only the $100 fee).Please note that Travel Money OZ includes the foreign exchange buerau at Flight Centre and Escape Travel. Foreign Currency Price Comparisons Save up to $57!This table shows how much you can save by exchanging your money at "The Currency Exchange" in Brookvale and Wollongong. It is based on exchanging $500 into the following currencies, all savings are shown in Australian Dollars. The bank totals were calculated using their current online rates and including their relevant commission fees. Bank rates in general are all fairly similar and the most expensive bank is shown in each case.The bank totals were calculated using their current online rates (as at 15/06/11) and including their relevant commission fees. As you will see, on these amounts it is cheaper for you to purchase your currency from us than from any of our competitors based on their listed prices. Travelex's store in Figtree was used and the rates used are the seven sell rates displayed on their rateboard (on 15/06/11). The savings tend to be even higher on the currencies they don't have on display. Sydney Airport Comparison Save up to $86!This shows how much you will save by exchanging your money with us rather than at Sydney Airport.For example, $500 worth of US Dollars would cost you $51.80 extra at the airport which is approximately 10% more.These airport rates were taken from their rateboards as their rates are not online. These rates are from 24/02/11. Bank Prices are taken from their relevant websites and include their relevant commission fees. We have not included any delivery fees that may be charged on top of this in certain bank branches. Our price is the current daily rate as advertsised on our website and is updated daily. The airport table was updated on Feb 24 2011. As this is harder to update it will change less frequently. The above table shows a comparison between our prices and those at the banks. These institutions list their rates online which is where these prices are sourced. The IMB, Suncorp and the credit unions do not have their rates online so it is harder to do price comparisons. It is also worth noting that we have come across instances where bank’s online rates are not the same as in their branches, so the price differential may even be higher. We used $500 as this is approximately the average amount that our customers exchange in cash for foreign currency.When comparing rates online it is important to include the relevant commission fees (as we have done here). Some of the banks make it difficult to find their commission charges online but as a general rule they charge 1% with a minimum of $8. The exceptions are the NAB who charge a minimum of $10 and American Express outlets inside Westpac who charge a flat $8. It is our understanding that American Express charge 1% when their stores are outside of Westpac. Commission charges are subject to fluctuations and these are correct at the time of producing this table. Margins do fluctuate and we will keep this tables up to date over time. These prices are a snapshot of the date above, but they do reflect recent margins. These prices are reproduced in good faith but are subject to fluctuations as with all currency rates.Recently we have also been getting more customers letting us know that they are being told incorrect rates by banks and credit unions when asking about buying currency. From what we can tell they are being quoted the banks buy rate instead of their sell rate. When customers go to purchase the currency at this rate they are told about the mistake. This is almost certainly by accident as their staff are not given much training in what is just an add on product for them, not the core product that it is for our business. The Currency Exchange in Brookvale and Wollongong are operated by Ian Spight Pty Ltd trading as "The Currency Exchange". These stores are no longer Travelex franchises but remain agents of Travelex for the purposes of selling Cash Passport prepaid Travel Money cards. The information on this website pertains to The Currency Exchange and does not relate to stores operated and owned by Travelex Pty Ltd. This includes pricing, products offered and general information.
