Skip to main content

What Are The Ways To Carry Money While Travelling Abroad


Foreign travel needs a lot of research and planning. You need to pay attention to detail; travelling abroad is not just about booking air tickets or accommodation but also about how you are going to carry money for your expenses. It is important to stay safe and not carry a huge amount of cash around. How about making use of online currency exchange or a travel card ? Read on for ways to carry money safely:
  • Handling cash: Try not to carry too much cash. If you have cash on you, you should divide it and carry it in several spots so that you still have enough money on you to get to a hotel or the nearest police station if you have been robbed or if you have lost it. Withdraw cash in small denominations so that you don’t lose a large note while taking out money from your wallet when you are shopping or buying some miscellaneous stuff.
  • Use smart cards for transport and tickets: Using a lot of alternatives to cash helps in securing your funds. If you are travelling in a city where you use public transport, see if they offer cards that you can swipe/punch to get tickets. Similarly see if you have an option to use such cards at museums or entertainment parks. This way, you don’t have to rely on cash.
  • Travel cards: A prepaid travel card is the perfect solution for your foreign trip. It is not the same as a credit card so you don’t have any kind of debts. Travel cards also help you plan your expenditure, because you are forced to stick to a budget and won’t be able to spend more than the amount you have loaded on it. Of course, you can always top it up. Before you travel, all you have to do is load money with a single or multiple currencies, and the same gets deducted as and when you use the card during your travel. You can use the card at stores, ATMs, etc. Prepaid travel cards are also the best and most cost-effective method to carry money while travelling.
  •  
If you want to know other Ways to Carry Money While Travelling Abroad, you can explore source blog.


Comments

Popular posts from this blog

What Are The Best Travel Money Options?

So, you are heading on a foreign trip and wondering what your travel money options are. Should you get a forex card , an ICICI bank travel card or just get enough foreign cash via currency exchange ? Should you opt for debit/credit cards or travellers’ cheques? So many questions keep going round in your head, and the whole thing can be quite daunting right? Not really, if you do some homework. Ideally, you should keep some spare cash but also get one of the forex cards for the bigger expenses. How about a HDFC forex card or an Axis bank forex card? You could pick one of them. A combination of various options is a good way to carry your money. First, let’s look at forex cards. Foreign exchange cards You can use your card to buy stuff at a mall or a market, spend on tickets, pay for your food at restaurants or order food/buy online. You can get in touch with your bank in your home country and load currency on to the card; this could be any of th...

Benefits of Using a Travel Money Card Over Using Your Own Credit Card

Planning to travel overseas, and wondering what’s a better option, your credit card or a travel money card? You don’t have to keep rushing to money exchange locations for every transaction when you are abroad; instead carry a multi-currency forex card, especially if you are travelling to multiple countries, within Europe, for example. The options are plenty; you could carry a HDFC bank forex card, an ICICI bank forex card or an Axis bank multi-currency card. You don’t have to constantly worry about money exchange , and instead carry a small amount of foreign exchange from India. Read on for more on the benefits of using a travel money card over your credit card. One of the biggest benefits is that by getting a forex/travel card you are safe from the fluctuations in the currency value; the value of currency you are loading on that specific day will remain the same throughout your trip. This means you don’t have to constantly fret over changing...

Pros and Cons of Forex Card Vs Debit Card Vs Cash

You have a foreign trip coming up and are unsure how to carry your money. Should you buy foreign currency notes, get a worldwide travel money card or head to a foreign cash exchange place once you land in your destination? How about a debit card Read on for more eon the pros and cons of each of these options. Worldwide travel money card or a forex card: This is one of the best options when you are travelling abroad. All you have to do is get a card from your bank or any bank that offers one. Most reputed banks in India offer these cards. The next step is to add funds to this card, making it a prepaid travel money card. It is secure and a good alternative to carrying cash, which is unsafe. Also, the pro of carrying a forex card is that you have a specific budget and you know exactly where your money/spending is. With cash, it becomes difficult to track spendings and you will have to match it with bills and receipts. With a forex card, you can also opt for travel ...