Nothing to see here....move along....
Once again the Post Office announces one of it's frequent spectacular flash travel money sales starting today 9th March ending Friday 11th March. The currencies on special offer are the Euro and the US Dollar.
Here are some Post Office stats taken from our Travel Money comparison table. Exchanging £500 into Euros buys you 633 Euros and USA Dollars for the same amount buys you 695.20 Dollars. The Post Office lies in second place in our table for both currencies behind the online holiday money retailer Currency Club. (Stats pulled at 11.30am 09/03/2016
The Post Office boasts the more you buy the better the rate so I would expect their company to at least rank close to the top of the table for larger amounts especially after announcing a sale on these currencies. However my findings proved me wrong. Lets take a look at where they rank for an amount of £750.
Exchanging £750 into Euros buys you 949.50 Euros and USA Dollars for the same amount buys you 1,042.80 Dollars. The Post Office lies in eighth place in our table for both currencies and around the same for amounts larger than £750, not very good when they have a sale on?
Given that the Post Office is a huge company with outlets all over the UK, as a big trusted brand they could do a lot better than they currently are with regards to their poor rate sale offerings.
By the way, they have another sale starting on 17th March ending Tue 22nd March, I can't wait.....
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