The Best Places to Exchange Currency in Newmarket

Where is the best exchange rate in Newmarket?

There’s no single best place for currency exchange in Newmarket - it’ll usually come down to the currency you need, and how much you’re exchanging. Generally currency exchange options in airports, train stations and hotels are pretty poor value - with high fees often hidden in bad exchange rates. 

Instead, consider getting a travel card before you head off, to spend and withdraw in Newmarket - usually with better exchange rates and more transparent overall costs.

Is it better to exchange money or use a card?

Cards are usually pretty convenient and safer than carrying lots of cash - but many travellers prefer to have both cards and a small amount of cash to hand. When it comes to cost, which is best depends on the exchange rates you can get for your specific currency pair.

If you have a card which doesn’t charge a foreign transaction or foreign cash fee you’ll usually find that the exchange rates set by card issuers and used when you spend and withdraw are pretty fair. Choose a specialist travel card which offers the Google exchange rate to get even better value.

How much is the fee to exchange currency at the airport?

Currency exchange fees at airports are usually pretty high - although they may also be wrapped up in the exchange rates used, making them harder to spot. In fact you’ll often find exchange desks which claim 0% commission, or no conversion fee to pay - but in reality, the charges are just tagged onto the exchange rates applied to your transaction.

Generally you’ll get better value if you avoid airport exchange rates and choose a prepaid travel card or multi-currency account to spend and withdraw, instead.