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Sainsbury’s Travel Money Launches Online Service

30 March 2011

Sainsbury’s Travel Money today launches an online service that will allow customers to ‘click and collect’ their holiday money. The 0% commission on foreign currency, which offers competitive exchange rates, will give customers the choice of having their money delivered to home or collecting it from one of the 117 Sainsbury’s Travel Money bureaux across the UK.

Sainsbury’s shoppers who use the online Travel Money service will also benefit from an introductory offer of 1,000 Nectar points for every £500 of foreign currency they purchase. Furthermore, customers who choose to purchase their currency with a Sainsbury’s credit card will face no card handling fees.

David Barrett of Sainsbury’s Travel Money said: “We are delighted to be able to offer our customers a new service that not only enables them to order their holiday money online, commission free foreign currency, and at a competitive rate, but it also gives them the option of having their currency delivered to home or collecting it in-store. We’re also rewarding our customers using our new online service with 1,000 bonus Nectar points, so they can be sure they’re getting more for their money.”

Sainsbury’s Travel Money offers a range of benefits including very competitive exchange rates, 0% commission foreign currency, travellers’ cheques and the Cash Passport™ prepaid currency card. In addition, free next-day delivery to your billing address, if ordered before 2pm Monday to Thursday (2) , is available for orders over £500.

To find out more about Sainsbury’s Travel Money log ontowww.sainsburysfinance.co.uk
or call 0845 30 12 724. Customers can arrange foreign exchange in selected Sainsbury’s stores.

– Ends –

For further information, please contact:
Ian Morris / Sophie Woodcock
Citigate Dewe Rogerson
020 7282 1031/1072

Notes to editors:

(1) Terms and conditions apply, seewww.sainsburysfinance.co.uk/travelmoney for more information. Introductory 1,000 bonus Nectar points offer ends on 6th June 2011. Points will be allocated up to 60 days after purchase. Customers can also collect Nectar points on all instore and online purchases
of foreign currency, with any spend. Includes MasterCard® Cash Passport™ Prepaid Currency Card and Travellers Cheques. Excludes orders placed over the telephone. A Nectar card must be presented at the point of purchase as points will not be allocated retrospectively. This promotion is subject to Sainsbury’s Travel Money conditions of sale and is available in conjunction with other current offers and promotions (unless otherwise stated). No cash alternative available. See our in-store bureaux for full terms and conditions.
(2)

 

Order Confirmed  Order delivered
Before 2.00 p.m. Monday to Thursday Next working day
After 2.00 p.m. Monday to Wednesday Second working day
After 2.00 p.m. Thursday and before 2.00 p.m. Friday Saturday or Monday (Saturday deliveries not guaranteed)
After 2.00 p.m. Friday and anytime Saturday to Sunday Tuesday

 

 
Sainsbury’s Finance:
To view our latest press releases and product information, please visit the Sainsbury’s Finance online media centre atwww.sainsburysfinance.co.uk/media.
Sainsbury’s was the first major British supermarket to open a bank, commencing trading in February 1997. Benefiting from a fantastic, trusted brand that enables us to combine the shopping experience with personal finance, Sainsbury’s Finance provides a range of quality products including insurances, credit cards, savings and loans. Our proposition is to make shopping more rewarding by offering customers great products at fair prices, while consistently rewarding shoppers for their loyalty and being easy to do business with at all times.  Our products consistently top Best Buy tables and regularly win awards for quality, price and service.
Sainsbury’s Finance recent awards include Best Overall Online Provider, Best Direct Personal Loans Provider, Best Online Credit Card Provider, Best Online Life Insurance Provider at the Your Money Awards 2010.

Sainsbury’s Finance is a joint venture between J.Sainsbury plc and Lloyds Banking Group.
For further information and general Sainsbury’s Finance enquiries customers can call the freephone number on 0500 40 50 60 or visit www.sainsburysfinance.co.uk

About Travelex:
Sainsbury’s Travel Money is provided by Travelex Agency Services Limited, whose registered office is 65 Kingsway, London WC2B 6TD, registered number is 4621879.
Travelex is the world’s foreign exchange and international payments specialist. Operating through subsidiaries and branches in three regions: Europe, Middle East and Africa (EMEA); Americas and Asia Pacific.

As one of the world’s leading providers of outsourced travel money to banks, travel agencies and other retailers it provides products including its prepaid travel card Cash Passport to over three million channel customers annually. Through its world-leading automation Travelex offers consumers a full range of delivery channel options including telephone and web-based ordering.
www.travelex.co.uk                   www.cashpassport.com

Cash Passport: In order to offer the customer an all-inclusive foreign exchange solution, Travelex is providing their Cash Passport product in addition to more traditional foreign exchange solutions. This is to ensure that the customer is able to receive a mixed wallet of travel money, which is generally regarded as the safest method of carrying foreign currency. To help holidaymakers improve their money management, Travelex recommends replacing credit and debit cards with a prepaid currency card, such as its Cash Passport product. Cash Passport allows customers to load their spending money in advance so they can plan ahead what they want to spend.  As the card is PIN protected but not linked to a bank account, travellers benefit from peace of mind that their spending money is safe.

Notes to editors/webmasters
If using this article on a website, please link towww.sainsburysbank.com using the following hyperlink text at the bottom of the article:
<a href=” _fcksavedurl=”””http://www.sainsburysbank.co.uk/investing/ins_travelmoney_tmo_skip.shtml”>Sainsbury’sTravel Money</a>