How to Find a Better Exchange Rate at Perth Airport
Perth Airport has a domestic and international terminal. Unfortunately they are miles away from each other. This article looks mainly at the T1 International Terminal.
This article compares the different ways you can buy holiday cash and give you some practical tips on currency exchange in Perth Airport.
Currency Exchange in Perth Airport
Even though there are heaps of options at the airport, it is still a lot cheaper to order it ahead of time and just pick it up at the airport before you fly.
1. Order it ahead of time and grab it at the gate
This is by far, the cheapest way to buy currency at Perth airport. The exchange rates are much better than buying it over the counter.
It's really easy:
- Order your currency online and choose your pick up location as Perth Airport
- Pay for it using BPAY (and avoid the card fee!)
- Pick up your ordered currency
Please keep in mind, you'll avoid the card fee if you choose BPAY. The rate is locked in on the day you book the transaction. You can choose your pick up date but if you use BPAY, you'll need to allow at least 3 business days. Also, they offer a better rate for amounts above $2000 but have a maximum transaction size of $5000.
2. From a currency exchange store
There are heaps of options when it comes to currency exchange in Perth Airport.
In the departures section of the airport, there is a Travelex store both before and after the passport control.
For those arriving into Perth airport, Travelex have a store on Level 1 before immigration and 2 stores on the ground floor (one at baggage and one on in the pick up area)
Pre Order Currency & Pick Up at the Airport
Tips on currency exchange in Perth airport
Don't wait until the day you leave
The best exchange rates are either online or outside of Perth airport. If you are prepared, you can compare exchange rates online or over the phone, find the best deal and arrange to either buy it in person or online (picking it up later).
You can avoid most fees
Travelex don't charge commission over the counter however their exchange rates are considerably worse than outside Perth airport. Online, they have a 0.8% card fee that Travelex apply to online transactions.
If you are buying currency online, choose to pay through BPAY to avoid the card fee. Please note that if you are going to use this option you need to allow 3-4 business days before your trip to allow time to pick it up in time.
Consider buying your currency abroad
In some cases, it is cheaper to buy your currency in the country you are going to rather than converting it before you leave. Good examples are Bali, Singapore and New Zealand (depending on where you go). Of course, it is a lot harder to find the best exchange rate when you are outside of Australia and you are running a higher risk of being scammed.
As a rule of thumb, the further away you are travelling, the less likely you'll find better exchange rates overseas. This is because the further away from Australia you go, the less common Australian notes and coins are. As a result, they are also less likely to give you a good exchange rate.