Independent Review · Supermarket travel money
Tesco Travel Money
Travelex white-label service available from 2,500+ Tesco stores nationwide. Clubcard holders receive a better exchange rate – the Clubcard rate is shown on this comparison page. Competitive within the supermarket segment but trails online specialists.
Clubcard discount 2,500+ stores HMRC MSB (Travelex) Travelex white-label
GBP/EUR rate today
1.1312
Live from data feed
€ for £500 today
€565.60
Before delivery fee
Free delivery from
£500
Below: £3.95–£4.99
Stores
2,500+
Click & collect locations
6.2 / 10 PSL Travel Money Score
Verdict: Good for Clubcard holders, but Sainsbury's usually leads without a loyalty card
Tesco Travel Money is a Travelex white-label product. The headline rate shown (1.1272 GBP/EUR) is the Clubcard rate, available to Tesco Clubcard holders. Without a Clubcard, the standard rate is lower and typically trails Sainsbury's. For Clubcard holders, Tesco is a solid supermarket option – delivering €563.60 for £500 GBP/EUR vs Sainsbury's €564.85, close enough to be driven by convenience. For non-Clubcard holders, Sainsbury's free delivery threshold (£400 vs Tesco's £500) and marginally better standard rate make Sainsbury's the better supermarket choice. Both trail TravelFX and Currency Online Group on rate by a meaningful margin.
Tesco Rates Today – Major Currencies Updated 16:00 BST · 27 Jun 2026
| Currency | Tesco rate | €/$ for £500 | vs TravelFX | vs interbank |
|---|---|---|---|---|
| EUR – Euro (Clubcard) | 1.1312 | €565.60 | −€4.25 | −328 bps |
| USD – US Dollar (Clubcard) | 1.2913 | $645.65 | −$6.50 | −340 bps |
| AUD – Australian Dollar (Clubcard) | 1.8527 | A$926.35 | −A$12.50 | −355 bps |
| TRY – Turkish Lira (Clubcard) | 55.0108 | ₺27,505.40 | −₺230 | −385 bps |
| AED – UAE Dirham (Clubcard) | 4.6618 | AED2,330.90 | −AED 27 | −355 bps |
Rates are indicative and update continuously. Interbank mid-market rates sourced from PSL data feed. "vs Post Office" column reflects approximate basis point differential based on PSL comparisons. Firm rates must be obtained from Tesco directly before transacting.
Fees & Delivery
🚚 Home Delivery
Order £500+ Free
Below £500 £3.95–£4.99
Delivery timing Next working day
Courier Royal Mail
🌐 Click & Collect
Locations 2,500+ stores nationwide
EUR/USD same-day Available at larger stores
Other currencies Up to 3–5 days
ID required Photo ID + Clubcard for Clubcard rate
💳 Payment & Card
Debit card ✓ No fee
Commission None
Clubcard rate Better rate for Clubcard holders
Multi-currency card Travelex Cash Passport (22 currencies)
🔄 Buyback
Buyback Yes
Rate match Within 3 miles – check in-store
Online buyback Not available
Pros & Cons
✓ Advantages
✓
Clubcard rate is the best supermarket rate on many currency pairs✓
2,500+ stores – widest physical footprint of any travel money provider✓
Travelex Cash Passport card covers 22 currencies✓
No commission – cost in rate spread only✓
Rate-match guarantee within 3 miles✗ Disadvantages
✗
Clubcard required for best rate – standard rate is lower✗
Rate trails Sainsbury's without Clubcard✗
Free delivery at £500 – higher threshold than Sainsbury's (£400)✗
HMRC MSB via Travelex only – not FCA regulated for cash✗
Backend is Travelex – not differentiated from Sainsbury's in terms of fulfilmentPSL Rating Breakdown
⚠️ Regulatory clarity note: The "Regulatory clarity" score reflects the level of consumer protection and transparency PSL considers available to customers. A lower score does not mean the provider is illegal or unsafe for typical transactions, but indicates that FCA consumer protection rules do not fully apply to the currency purchase itself.
6.2 / 10 Overall PSL Travel Money Score
Who Is Tesco For?
✅ Best for
Tesco Clubcard holders who shop regularly at Tesco and want the convenience of picking up currency during their grocery shop. The Clubcard rate can match or beat Sainsbury's, and 2,500+ stores means there is almost certainly a Tesco nearby.❌ Not ideal for
Non-Clubcard holders – Sainsbury's will typically deliver more euros at a lower delivery threshold. Rate-focused buyers should use TravelFX or Currency Online Group regardless of loyalty card status.Tesco – Questions & Answers
Is Tesco Travel Money better than Sainsbury's?
For Clubcard holders, Tesco's rate is often marginally better than Sainsbury's on GBP/EUR. Without a Clubcard, Sainsbury's usually leads on rate and has a lower free delivery threshold (£400 vs £500). Both are Travelex white-label products – the same backend, slightly different rate and fee structures.
Do I need a Clubcard to get Tesco's travel money rate?
The rate shown on PSL's comparison (1.1272 GBP/EUR) is the Clubcard rate. Standard-rate customers pay a slightly worse rate. You will need your Clubcard at the point of collection to access the advertised rate.
Is Tesco Travel Money FCA regulated?
Tesco Travel Money is operated by Travelex, which is HMRC MSB registered for currency exchange – the standard framework for all UK bureau de change. It is not FCA regulated for the currency purchase itself.