Debenhams is a household British brand, with revenues of more than £2bn in the previous year. Formed in the 18th century, what Debenhams signifies is “TRUST”. There is no doubt Debenhams has respectfully earned its respect as a retailer, but is it a good travel money provider? Should you order money from Debenhams online, or should you choose another provider? This is the query we had in mind when we created this Debenhams exchange rate comparison:
How good are Debenhams’ exchange rates?
- A methodological research we have made against a selection of 50 providers has yield the following results
- Debenhams is often the cheapest provider for a sum of £500 or lower to Euro.
- Debenhams is also often among the top 5 cheapest providers for £500 or lower into other currencies.
- Debenhams is usually a few pounds shorter than our cheapest provider for exchanges of £1,000 and up.
- Our conclusion is that in the worst case scenario you will over pay by about 1% by using Debenhams over other providers, but you get the trusted household name that not many other firms can match.
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Check it for yourself – view how Debenhams fairs against other providers on our comprehensive comparison
A short review about Debenhams Travel Money
Besides selling a multitude of clothes and household items, Debenhams also offer financial services like Insurance and Travel Money. It has a long history and it is up and running since it was first founded in London in 1778.
The advantages of using Debenhams are as follows:
- It can be redeemed from more than 100 Travel Money bureaus spread across the country.
- Can be used in any MasterCard cash-point around the world.
- Has a Chip and PIN protection for security.
- Zero transaction charges for payments made in the same currency.
- No commission on transactions.
- If the card is misplaced or stolen, Debenhams’ Lost & Stolen services desk that’s available 24/7 will help safeguard the available funds.
- You can reload as many times as you want without any restrictions.
The disadvantages:
- There’s an inactivity fee if the card is not used for at least 12 months, you may pay monthly inactivity rates on the remaining balance.