Has Anyone Used Smoney.com.au for Foreign Exchange?

Bonsaichop on 29/09/2022 - 15:24

A hoy!

Well the Japan borders are open and we're booked to go, looking to exchange AUD to JPY and just discovered that ANZ no longer does cash exchanges, Travelex is still not the greatest and there are still a bunch of shady exchanges out there but came along smoney.com.au which gives a slightly better deal over Travelex. Can't find any independent reviews other than what's on Trustpilot which is heavily advertised on their own website.

Just wanted to know if anyone has used smoney.com.au for cash exchange before we give in and go back to Travelex?

Thanks!

Travel Currency Exchange

Related Stores

smoney.com.au
smoney.com.au

Comments

  • Ocker on 29/09/2022 - 15:50

    Their rates are a joke!
    Check their own USD comparison and they have the worst rate on offer

    • Bonsaichop on 29/09/2022 - 16:06
      +1

      Well for AUD/JPY they're the best rate i've found so far on a larger amount ($2k+)… We're not exchanging $10 here..

      • Ocker on 29/09/2022 - 18:27

        I just did a comparison smoney/Travelex. For AUD2,000 smoney was 89.66 and Travelex 89.73

  • Yarra Warrior on 29/09/2022 - 16:39

    Hey mate,

    I think it is time for you to consider this card: https://wise.com/au/card/ if you can go cashless and use this card to transact there.
    However, it depends on where you go and shop the most. Try to avoid bringing so much cash unless it is required for small shops.

    At the time of writing with the 2K conversion, you are getting around JPY185,XXX. That's way better compared to Smoney.com.au.

    • Bonsaichop on 29/09/2022 - 20:08

      Japan is very cash based. Most places use Suica/Passmo IC cards which is handy and what we prefer to use but for the most part it's cash. Especially in the outer areas.

      • Yarra Warrior on 30/09/2022 - 09:44

        Try to check this Money changer if you are nearby.

        United Currency Exchange 1 Dixon St Haymarket Chinatown Sydney. Phone: (02) 8964 6914

        This is my go-to store whenever I need some cash prior to travelling.

  • Brucet on 29/09/2022 - 16:39
    +1

    Try https://hhmt.com.au/foreign-exchange
    Myself recommend.

    • Bonsaichop on 29/09/2022 - 20:09

      Nice thanks i'll check it out.

    • Archi on 02/11/2022 - 11:19

      cant see on their website whether they charge fees..

  • silenthillrocks on 29/09/2022 - 19:39

    Wise or revolut

  • bluedufflecoat on 30/09/2022 - 11:03
    +2

    I've used citi's global currency wallet (though now owned by NAB). The rates are competitive, I've been able to use my JPY by using the debit card that came with it, online. I expect I'd be able to withdraw jpy from the ATM when I'm in Japan

  • petestrash on 05/10/2022 - 09:57
    +1

    Prior to Covid I travelled to japan yearly. I just used the ATMs at the airport with a fee free debit card (Citibank, ING, Ubank) which offers competitive rates.

    The Visa rates can be found here https://www.visa.com.au/travel-with-visa/exchange-rate-calcu…

    Mastercard https://www.mastercard.com/global/en/personal/get-support/co…

    Visa is currently 92.75, and Mastercard is currently 94.75

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