Travel currency, particularly since Brexit, is a hot topic. Transfer rates are high, exchange rates are not favourable and banks take a healthy chunk out of what you spend on your card, when abroad. So consumers are biting back!
WeSwap is a travel money service that has developed an app that will help you break down the costs you'll be likely to incur when travelling. So wherever you travel you see a breakdown of a typical spend on food, drink, transport and so on in the intended destination. The app will then display this information based on age group and spending profile.
What WeSwap also allows you to do is to order currency ahead of time at a specific rate. So if the rate is favourable for you at the present time you'd be able to order it through the app in advance. And you can also set alerts so you can buy Euro's or other foreign currencies if it reaches a certain level. Always wise to take some notes when you travel.
But, where WeSwap excels, is by providing a Mastercard you can take abroad. You then use the app to load up the card using WeSwaps' favourable exchange fees without incurring extra fees. It's worth noting that if you withdraw money abroad you will be charged a £1.50 fee on withdrawals under £200/€200 on top of any charges by the bank abroad.
When you go to purchase your currency, WeSwap charges a minuscule 1% on top of the current interbank rate versus almost 15% at airports and at 5% on the high street.
Verdict:
A good app which is easy to use, and is set apart by the p2p facet.
Your Comments & Opinion
Hopper helps you decide where and when to go on holiday for a price within your budget!
Find a parking space in 1,000+ cities
An iOS app to help you book flights, plan itineraries and much more
Order a black-cab driver via your phone
Manage your navigation through public transport using TripGo
Find unique hotels by using the Tablet Hotels app
Quickly convert between different currencies on your Apple device
Find the easiest way across your city
A straightforward currency converter that will save you time and money
Find the cheapest flights to just about anywhere with this comprehensive search engine
An online portable radio app with scheduled recording facilities
An online portable radio app with scheduled recording facilities
Open, edit and create just about any archive using this powerful manager
Open, edit and create just about any archive using this powerful manager
Create and manage your family tree with this free genealogy package