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Sainsbury’s Travel Money Rates Are Egg-stra Special This Easter

31 March 2014

 

This press release is information for journalists only and is not intended to be an advert to be acted upon by consumers.

Sainsbury’s Travel Money is offering a special rate(1) on US Dollars and Euros bought – in currency – instore at Sainsbury’s until 24th April 2014. The sale is perfect timing for those planning an Easter holiday trip abroad. In addition, Nectar cardholders could also benefit from exclusive rates(2) by presenting their card at time of purchase. The supermarket bank has 138 travel money bureaux in stores across the UK.

 Commenting on the upcoming Easter school holidays, James Carter, Head of Sainsbury’s Travel Money says: “Easter is the perfect time for a break to the USA. In many states, the weather is ideal to take the kids to visit the Florida theme parks, explore cities such as New York and San Francisco or take in some of the world’s most spectacular scenery.

“People heading to America this Easter could see their money go much further than it may have done in recent years; for example, the Pound is 9% stronger against the Dollar compared to this time last year(3).”

Sainsbury’s Travel Money provides customers with the option of ordering foreign currency online, over the phone or instore. Currency can also be delivered directly to their home (charges may apply when selecting home delivery(4)). Cash Passport™ pre-paid MasterCard® currency cards can also be ordered online and instore(4).

For more information call 0845 301 2724 or visit www.sainsburysbank.co.uk/travelmoney

ENDS

(1) Special rates calculated by reducing our retail margins on single purchase transactions of Euros & US Dollars. Must be taken as cash only and bought instore at any Sainsbury’s Travel Money bureau from 11/3/14 to 24/4/14. Not available on online or phone orders. Excludes travellers’ cheques and Cash PassportTM prepaid currency cards.

(2) Exclusive rates for Nectar card holders are calculated by reducing our retail margins on single purchase transactions of Euros & US Dollars at Sainsbury’s Travel Money bureaux. Not available online or by phone. A Nectar card must be presented at the time of purchase. Sainsbury’s Bank reserves the right to alter, cancel or withdraw this offer without prior notice.

(3) Based on analysis of USD from Travelex on 24.03.2014

(4)Delivery charges apply: £4.75 on minimum orders of £100-£299.99; £2.35 on orders of £300-£499; and free delivery on orders of £500 or more. A £1.99 administration fee applies to all online orders under £100 for collection in store. See www.sainsburysbank.co.uk for full details and terms and conditions.

 

Sainsbury’s Bank:

To view our latest press releases and product information, please visit the Sainsbury’s Bank online media centre at www.sainsburysbank.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 Bank 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 Bank has its own banking licence, is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (register no. 184514), except for Credit Cards and Loans where it is licensed by the Office of Fair Trading (OFT) license no. 421897. The Bank has an independent membership to the Financial Services Compensation Scheme.

About Travelex:

Travel Money online and instore is provided by Travelex Agency Services Limited, registered number 4621879. Sainsbury’s Travel Money ordered by telephone is provided by Travelex Currency Services Limited, registered number 03797356. Registered office for both companies: 65 Kingsway, London WC2B 6TD.

Cash Passport: Cash Passport™ is issued by R. Raphael & Sons plc, pursuant to license by MasterCard International. MasterCard and the MasterCard Brand Mark are registered trademarks of MasterCard International Incorporated. www.cashpassport.com

Travelex In 1976, Lloyd Dorfman opened the first Travelex Bureau de Change on Southampton Row, London. He is now the Chairman of the world’s leading foreign exchange specialists. We trade in over 80 currencies and in 25 countries.

Customers can find Travelex online and in over 1,500 stores, including all the major airports. Travelex has over 1,250 ATMs around the world and takes care of foreign currency services for partners including banks, supermarkets and travel agencies, extending our reach to over 100 countries and 20,000 locations.

Travelex continues to grow the geographic reach, both organically and through targeted acquisitions in growth markets. Recent acquisitions include FX Africa in South Africa and Grupo Confidence, the largest consumer foreign exchange specialist in Brazil. www.travelex.co.uk