Post Office exchange rate
Compare the foreign exchange rates offered by the Post Office and see how you can save with a Wise Travel Card.
Compare the Post Office exchange rate with Wise travel money card
Travel with the Wise card, and save
This calculation is based on spending 1,000 GBP to compare travel money with the Wise card vs exchanging cash for a holiday.
We regularly check our prices against other providers to show you how much you could save with us.
Compare the costs
| Conversion fee | |
|---|---|
 | £4.28 |
 | £0 |
| Exchange rate markup* | |
| £0 |
| £23.07 |
| Delivery fee | |
| £7 |
| £0 |
| ATM use | |
| up to £16** |
| £0 |
| Total fee | |
| £11.28 |
| £20.04 |
| You can save | |
| Average saving of £8.76 with Wise |
| £8.76 more expensive than Wise |
Above data collected as of May 2023. *Learn more about hidden fees. **0% on the first £200, 2% thereafter (2% on £800) Learn more about ATM fees
Buying travel money with Post Office?
When travelling abroad, it's important to have some cash in foreign currency. The Post Office offers currency exchange services across the UK. However, buying travel money at the Post Office can be time-consuming and expensive due to commission and fees, as you won’t get the true mid-market rate.
A better alternative is to use a travel money card – like the Wise card – which allows you to load multiple currencies onto a prepaid card, and convert at the mid-market rate, and withdraw at ATMs with no fee*.
*Some additional charges may occur from independent ATM networks.
Does Post Office exchange currency?
The Post Office offers foreign currency exchange in bureaux de change, in their stores and online. However, the Post Office may not always provide the best exchange rate, so it's a good idea to compare exchange rates from other providers before making a decision. Additionally, some branches may charge a commission or other fees for currency exchange, so it's important to check the fees and terms before exchanging your currency.
What is a travel money card?
A travel money card, sometimes called a prepaid travel card, is a type of a card which allows you to keep multiple currencies, and use the card while travelling the world with no hidden fees to worry about. You can hold up to 40+ currencies in your travel money card, and convert them at the mid-market rate with the Wise app.
Unlike travel money cash, you don’t even need to have the money converted beforehand — simply use the travel money card in stores, coffee shops, online or withdraw from ATMs, and we’ll convert the amount automatically for you, for a low fee.
How to get the best rates for travel money?
If you're planning to travel abroad, getting the best rate for your travel money is important. Nobody wants to spend more money than they have to on exchange rates and fees. Here are some tips to save money on your currency exchange.
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Always compare: Compare exchange rates from different providers, including banks, online exchange services, and bureaux de change. You can compare supermarket rates here.
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Time your exchange: Keep an eye on exchange rates and exchange your currency when the rate is more favourable. Avoid exchanging at the airport: Airport currency exchange services often charge high fees and offer poor rates.
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Be aware of hidden fees: Some providers may charge commission or other fees, so be sure to check the terms and conditions before exchanging your currency.
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Consider a travel money card: Travel money cards allow you to load multiple currencies onto a prepaid card, giving you more control over your spending and exchange rates.
Wise travel money card
Spend abroad with mid-martket rate. No markups, no sneaky transaction fees
App to top-up and convert in real time
Check balance and transactions on the app, and get notification for every transaction.
Hold more than 40+ currencies
Your prepaid travel card for all holidays, accepted worldwide, like a credit or debit card.
Spend the leftover money in the UK for free
If your trip is cancelled or you’ve got leftover currency, spend it at home in the UK with a small conversion fee.
Spend in 170+ countries
Only gives you the exchange rate you see on Google to use in 170+ countries.
Why choose a travel money card instead of cash?
- When travelling, it is important to keep your money safe. Carrying a lot of cash can make you a target for theft, and if you lose it, you may not be able to get it back. A travel money card is a safer option because it can be blocked if lost or stolen, and you can get a replacement card quickly.
- A travel money card — also known as a currency card — can be used like a credit or debit card at millions of locations worldwide. This means you can pay for purchases, withdraw cash, and check your balance just like you would with your regular bank card.
- Free ATM cash withdrawals up to £200 a month: Some banks and travel card companies charge fees for using your card abroad. With the Wise travel money card, you only pay a small fee on withdrawals after the first £200. Avoid hidden fees in the exchange rate while withdrawing from ATMs abroad. Learn more about our pricing
- Real exchange rate: Wise travel money cards use the mid-market exchange rates that you see on Google, which means you can get more money for your currency exchange. This can help you save money and stretch your travel budget further.
- Reloadable and reusable for your next trip: A travel money card is not a one-time-use option. It is reloadable and reusable, which means you can use it again for future trips. You can add funds to your card as needed, and you won't have to worry about exchanging money every time you travel.
*Some additional charges may occur from independent ATM networks.
Questions about Post Office exchange rate
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