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    by mkataoka Fodor's Editor | Posted on Nov 28, 16 at 01:31 PM
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Cheap NYC currency exchange

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I know that most people on this board use ATM cards for all their cash needs abroad. I prefer to use cash.

I'm currently in New York City, planning to fly out tonight. I found a place called A&S Currency Exchange that sells Euros and British Pounds for roughly three percent over the spot rate. Yesterday, for example, he was buying Euros for 1.26 and selling them for 1.34. I ended up buying 1300 Euros and 500 British Pounds. I'll still use my credit card for a lot of purchases, and a lot of things are already paid for.

There was no commission or other charge. So if you just want to buy 100 Euros you can. The price you pay will be roughly three percent over the spot rate. This is a much better deal than using an ATM card with a three percent fee, since an ATM fee is often tacked on as well.

Just thought I would pass this on.

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