Planning a trip to Europe? Securing euros beforehand can streamline your travel experience and potentially save you money on foreign exchange fees. If you’re a member of AAA, ordering euros is a convenient option to get your travel cash sorted before you depart. This guide will walk you through the process of ordering Aaa Euros through AAA, outlining the steps, costs, and important considerations to ensure you’re well-prepared for your European adventure.
Move money to euros for your European vacation with AAA
Can AAA Help You Get Euros?
Yes, absolutely! AAA has partnered with Currency Exchange International (CXI) to provide its members with easy access to foreign currency exchange services. Through this partnership, you can conveniently order euros, along with over 80 other currencies, for cash pickup. Whether you prefer the ease of online ordering or the personal touch of in-person service, AAA offers both avenues to acquire your aaa euros.
For those who prefer ordering in person at a AAA branch, there are no specific order limits imposed. However, online orders have certain parameters. You can order between 100 USD and 2,999.99 USD worth of euros when placing your order online. A perk of ordering before 3pm local time is the potential for free next-day delivery, although this may be subject to minimum purchase requirements depending on the specific branch.
Alternatively, you can also choose to order your euros directly from CXI. You can contact or visit your local CXI branch or utilize their online platform to buy foreign currency for either home delivery or in-store pickup. This provides another avenue to explore when securing your aaa euros.
Step-by-Step Guide to Ordering Euros from AAA
Let’s break down the process of ordering euros from AAA, both in person and online, to make it as straightforward as possible.
Ordering Euros In-Person at a AAA Branch
This method offers a direct, face-to-face experience. Here’s how it works:
Step 1: Locate Your Nearest AAA Branch
Start by finding your local AAA branch. You can use the AAA website or app to locate the most convenient branch for you.
Step 2: Place Your Euro Order with a AAA Associate
Once at the branch, speak with a AAA associate and inform them that you’d like to order euros. They will guide you through the process and answer any questions you may have. You can typically pay for your euro order using cash, a credit card, or a debit card.
Step 3: Pick Up Your Euros In-Store
After placing your order and making payment, you can usually pick up your euros directly at the branch, often on the same day or the next business day, depending on the time of your order and branch availability.
Ordering Euros Online from AAA
For those who value convenience, ordering euros online from AAA is a great option. Follow these steps:
Step 1: Navigate to the AAA Foreign Currency Services Website
Go to the designated AAA foreign currency services webpage. Look for a clear “Order Now” or similar button to begin your online order.
Step 2: Fill in the Required Information and Payment Details
You will be prompted to provide necessary details such as the amount of euros you wish to order (within the online limits), your personal information, and your preferred delivery or pickup method. Use your credit or debit card to securely pay for your euro order online.
Step 3: Choose Delivery or Branch Pickup
You can choose to have your euro cash delivered directly to your home address for added convenience or opt to pick it up at your local AAA branch. Select the option that best suits your needs.
Keep in mind that online orders placed on weekdays before 3pm local time are generally processed the same day. Orders placed after 3pm will be processed on the next business day.
Understanding the Costs and Fees for AAA Euro Orders
AAA’s foreign exchange services are facilitated through CXI. It’s important to note that CXI’s exchange rates and fees aren’t publicly displayed online. Therefore, it’s advisable to contact your local AAA branch directly to inquire about the current exchange rates and any applicable fees before finalizing your euro order.
One potentially beneficial service offered by CXI is “Currency Price Protection”. For a fee of 5.95 USD, this service allows you to sell back any leftover euros at a potentially favorable “Special Buy Back rate” when you return from your trip.
Always confirm all costs and fees associated with exchanging your dollars for euros with your local AAA branch to avoid any surprises. There may be additional charges that are not immediately apparent.
Deciphering AAA’s Euro Exchange Rate
Exchange rates are the fluctuating values at which one currency can be exchanged for another. It’s crucial to understand the exchange rate when converting currency, as it directly impacts how many euros you receive for your dollars. The mid-market exchange rate is considered the benchmark or “real” exchange rate, representing the midpoint between buy and sell prices in global currency markets. You can often find this rate on platforms like Google or financial websites.
However, most currency exchange providers, including banks and services like AAA/CXI, typically add a markup to the mid-market rate to generate profit. This markup is essentially a fee embedded within the exchange rate. These markups can vary, and it’s wise to compare rates to ensure you’re getting a competitive deal when ordering aaa euros.
CXI does offer a “Best Rate Guarantee” at its City Center (company-owned) locations. They claim to match or even beat exchange rates offered by local banks or airports for the same currency exchange on the same day. However, this guarantee is only available at CXI City Center locations and must be claimed before completing your exchange.
Remember that the exchange rate you receive for your aaa euros will fluctuate based on market conditions and may not perfectly align with the mid-market rate you see online.
Consider Alternatives for Euro Exchange: Wise
Wise – Money transfers around the world
For travelers seeking potentially more transparent and cost-effective currency exchange solutions, consider platforms like Wise (formerly TransferWise).
Wise card for easy euro spending and withdrawals abroad
Wise operates on the mid-market exchange rate and charges low, transparent fees for currency conversion*. This can often result in a more favorable exchange rate compared to traditional services that rely on markups.
With Wise, you can open a free online account or use their mobile app to manage your currency conversions. You can also obtain a linked debit card for convenient spending and ATM withdrawals in over 150 countries. Wise boasts no fees* for spending currencies you hold in your account and no foreign transaction fees.
Wise can be a valuable tool for international travelers, offering a streamlined approach to currency exchange and international money management.
Frequently Asked Questions About Ordering Euros from AAA
To further clarify the process of ordering aaa euros from AAA, let’s address some common questions:
How Quickly Can I Receive Euros Ordered from AAA?
If you place your order before 3pm on a weekday, you may be eligible for next-day delivery or pickup. It’s best to confirm the exact timeframe with your local AAA branch associate when placing your order.
What Are the Limits for Ordering Euros with AAA?
Online euro orders through AAA are limited to a maximum of 2,999.99 USD and a minimum of 100 USD. However, if you order in person at a AAA branch, there are typically no set minimum or maximum purchase amounts.
Can I Order Euros Online, or Must I Visit a Branch?
AAA offers the flexibility to order euros both online and in person at their branches. Online ordering provides home delivery or branch pickup options.
Are There Any Restrictions When Ordering Euros from AAA?
Yes, you will incur costs to exchange your US dollars for euros, and the exact cost may not be fully transparent until you finalize your order. Online orders also have the USD 100 to 2,999.99 limit.
Can I Use a Credit or Debit Card to Pay for My Euro Order at AAA?
Yes, AAA generally accepts credit and debit cards for euro orders. However, CXI, the service provider, does not accept international credit cards or prepaid cards.
Conclusion: Is Ordering AAA Euros Right for You?
Ordering aaa euros through AAA can be a convenient way for members to secure foreign currency for European travel. It offers the trusted brand of AAA and the accessibility of both online and in-person ordering options.
However, it’s essential to be aware of potential exchange rate markups and fees associated with using AAA/CXI for currency exchange. Comparing rates and exploring alternatives like Wise can help you make an informed decision and potentially optimize your travel budget.
Ultimately, the best approach depends on your individual needs and preferences. If convenience and AAA membership benefits are priorities, ordering aaa euros could be a suitable choice. If maximizing value and transparency in currency exchange is paramount, exploring alternative services may be beneficial.
Sources:
Sources checked on 06.19.2024
*Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.
