Owais Crawford
If you're looking to exchange Indian currency at Newark Airport, you're in luck—there are several currency exchange providers located across the airport's terminals, including Currency Exchange International (CXI) and Travelex. However, it's worth noting that airport currency exchange services often come with high fees and unfavourable exchange rates due to a lack of competition. You may find better rates and lower fees by using a multi-currency account or card, or by exchanging your money before arriving at the airport.
| Characteristics | Values |
|---|---|
| Currency exchange availability | Currency exchange is available at Newark Liberty International Airport (EWR) |
| Number of exchange counters | 6 currency exchange counters |
| Exchange providers | Travelex, International Currency Exchange, Currency Exchange International (CXI), Chase ATM, Travelex ATM |
| Terminal locations | Terminal A, B, and C |
| Gate locations | Terminal B3, Gate Level Airtrain; Terminal B3, Concourse Airside; Terminal C, Arrivals; Terminal C, Gate 120 |
| Accepted payment methods | Cash, debit cards, credit cards |
| Additional requirements | Valid government identification for credit and debit card transactions |
| Transaction limits | Credit card: $2,999.99; Debit card: $4,999.99 |
| Exchange rate | Vary depending on the provider and currency |
| Exchange fees | Vary depending on the provider and currency; some providers charge hidden fees |
| Alternatives | Banks, currency exchange shops, online platforms, travel money cards |
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What You'll Learn
Currency exchange services at Newark Airport
Currency Exchange International (CXI) offers currency exchange services at Newark Liberty International Airport (EWR). CXI has multiple locations in the airport, including Terminal B3 (Gate Level Airtrain and Concourse Airside), and Terminal C (Arrivals and Concourse C1). CXI offers fast and convenient currency exchange services, buying and selling over 80 foreign currencies. They accept cash, debit cards, and credit cards for US dollars, with valid government identification required for all card transactions.
In addition to CXI, there are at least 10 Travelex locations across the airport where travellers can exchange currency. However, it is generally advised to be cautious when exchanging currency at the airport, as exchange rates may be less favourable compared to other options. Airport currency exchange services often have high fees and uncompetitive exchange rates due to a lack of competition.
To obtain better rates and lower fees, it is recommended to use a multi-currency account and card, or to exchange currency before arriving at the airport. Online currency converters can be useful for comparing exchange rates and finding the best deal. Additionally, currency exchange services in cities may offer more competitive rates due to higher competition.
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Alternative methods to exchanging currency
Currency exchange services at airports tend to have high fees and poor exchange rates due to a lack of competition. As such, it is generally recommended to exchange currency before travelling. Here are some alternative methods to exchanging currency at an airport:
Local Banks and Credit Unions
Local banks and credit unions usually offer the best rates and lowest fees for currency exchange. Major banks, such as Chase or Bank of America, often have overseas ATMs or allow you to use their cards overseas without fees. Some banks may also buy back any leftover foreign currency when you return.
Online Bureaus and Currency Converters
Online bureaus or currency converters, such as Travelex, provide convenient foreign exchange services. They often offer better exchange rates compared to in-person services. It is recommended to compare the exchange rates online with those at the airport to ensure you are getting a good deal.
Foreign ATMs
Using a foreign ATM or your bank's ATMs overseas is a good option for exchanging currency with minimal fees. It is advisable to check if your bank has ATMs in your destination country or its cities before travelling.
Multi-Currency Accounts and Cards
Using a multi-currency account and card can help you avoid high fees and poor exchange rates associated with airport currency exchange services.
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Currency Exchange International (CXI) at Newark Airport
Currency Exchange International (CXI) is a specialist in the foreign exchange industry, operating in several convenient and safe locations, including Newark Liberty International Airport (EWR). CXI offers a worry-free foreign currency exchange service at competitive rates, exchanging more than 80 foreign currencies from around the world.
At Newark Airport, CXI has multiple locations across Terminals B and C. In Terminal B, CXI can be found at the Airside area of Gate Level Airtrain and Concourse Airside. In Terminal C, CXI is located at Arrivals and Concourse C1.
CXI offers fast and convenient currency exchange services at the airport. They accept cash, debit cards, and credit cards for payments in US dollars. However, valid government identification is required for all credit and debit card transactions, and additional costs may apply for credit card transactions. CXI also allows customers to call ahead and reserve their desired currency for pickup before travelling.
While CXI offers a convenient option for exchanging currency at Newark Airport, it is worth noting that airport currency exchange services generally have higher fees due to a lack of competition. Therefore, it is recommended to compare rates and consider alternative options, such as using a multi-currency account or card, to obtain better rates and lower fees.
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Travelex at Newark Airport
Currency Exchange International (CXI) is a specialist in the foreign currency exchange industry. It operates branches in convenient, safe locations and is ready to convert your money. CXI has several locations in Newark Liberty International Airport (EWR) servicing the Newark area. CXI Airport locations can be found in Terminal B3, Gate Level Airtrain; Terminal B3, Concourse Airside; Terminal C, Arrivals; and Terminal C, Concourse C1. CXI buys and sells more than 80 foreign currencies and holds popular currencies in stock daily. CXI's convenient service is easier than banks with many currencies available immediately and you can reserve foreign currency over the phone instead of coming into the branch.
Travelex is another option for currency exchange at Newark Airport. However, some sources suggest that there is a significant difference between Travelex's exchange rate and the mid-market rate, which means you might be losing out if you get your currency at the airport. In addition, there is a $10 commission on top of the exchange rate.
There are more ways than ever before to finance your trip abroad that don't involve getting cash at the airport. For example, you could get better exchange rates in your home or destination city rather than at the airport. You can also find very different exchange rates online, as compared to in person.
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ATMs at Newark Airport
If you're looking to exchange Indian currency at Newark Airport, you can do so at one of the many currency exchange counters or ATMs located throughout the airport. Here is some information about the ATMs at Newark Airport:
Locations of ATMs at Newark Airport
Newark Liberty International Airport (EWR) has several ATMs located across its terminals. Terminal A has 9 ATMs, Terminal C has 6, and Terminal B has 2 ATMs. Specifically, the Travelex ATM can be found in Terminal B1 between Gate Nos. 40 and 47, and in the airside corridor of the International Departures area near the United President's Club in Terminal C3. Another ATM, American Airlines FCU, can be found in the Baggage Claim Area of Terminal A and near Gate 35 in Terminal A. The Alliant CU Branch ATM is located near Hertz Rent-a-car and Swatch in Terminal C.
Currency Exchange at ATMs
Some of the ATMs at Newark Airport offer currency exchange services in addition to cash withdrawals. The Travelex and Chase ATMs offer currency exchange, allowing passengers to withdraw selected foreign currencies. The Travelex ATM is a popular option, with at least 10 locations across the airport. However, it's worth noting that airport currency exchange services often have higher fees and less competitive exchange rates compared to traditional banks and ATMs outside the airport.
Tips for Using ATMs at Newark Airport
When using the ATMs at Newark Airport, passengers with international debit or credit cards can access their funds and withdraw in US dollars or other foreign currencies. It is recommended to compare the exchange rates and fees before choosing a currency exchange service at the airport. Online currency converters can be useful in determining whether you are getting a good deal. Additionally, some currency exchange companies may charge additional fees for credit card transactions, so it is essential to review the terms and conditions.
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Frequently asked questions
Yes, you can exchange Indian currency at Newark Liberty International Airport. Currency Exchange International (CXI) is located at Terminal B3 and Terminal C.
You can exchange currency at a bank, a physical currency exchange service, or online.
Exchanging currency online can save time and money. Online platforms such as Wise offer travel money cards that can be topped up and used for withdrawals and spending overseas.
Exchanging currency at a physical location can be convenient and may offer better rates than at the airport.
Currency exchange services at the airport often have high fees and poor exchange rates.
