Travel Money

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...

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 secur...