Regardless of whether you’re an experienced traveler or a first time traveller, you’ll know that money is the most important of considerations when it comes to leaving the country. Good planning means setting a budget of how much travel money you’ll spend while gone, deciding what type of currency you’ll use, and how you’ll get hold of it.
In unfamiliar surroundings, things can get confusing pretty quickly, that’s why if you order travel money before you leave online, you’ll feel prepared and it will make all the difference when you’re travelling.
Many travellers take their credit card with them, but how good are their exchange rates going to be?
It used to be best to travel internationally armed with a credit card in hand. There are so many changes regarding credit cards today that this is no longer true. With the recent hikes in credit card rates, you’ll be paying much too high of an interest rate to use them. On top of that your credit card will slap you with a foreign exchange fee for using the card outside your own country. Another reason why a credit card is no longer the ideal to use as travel money is because of the threat of identity theft. Whether it’s in the form of pick pocketing or digitally recorded information there are criminals lurking around watching for the perfect opportunity to get information and steal your identity or money. These days it’s best to leave your credit cards at home and order travel money.
Currency cards are the ideal solution for ordering travel money
A currency card is a smart alternative to use in place of a credit card. Currency cards offer you the convenience of purchasing them online before you even leave your home. You choose the amount of money you wish to add to the card and it can be conveniently reloaded. Currency cards are widely accepted at businesses as well as ATM or cash machines worldwide. If you want a safe option for spending money while out of the country order travel money in the form of a currency card. Since it’s not linked to a bank account, if something happened to the card, you wouldn’t have to fear losing your entire life savings, and you have the added benefit of brilliant exchange rates, which are often better than high street exchange booths and bank cards.
If you must take cash, exchange online to avoid heavy-hitting fees
If you’d rather use travel cash make sure to do your exchanging before getting to your destination by ordering online. Actually, it’s most convenient to do it before you even pack your bags. If you wait to do it until you're at the airport, or decide to use your sterling credit card overseas, it can get overwhelming, it may be difficult to change your money depending on the time of day, and you’ll be paying too much. Change money at brilliant rates with FairFX.
Tuesday 02 March 2010, 02:42pm
Previous Next