Travel Money

Finding foreign currency or money exchange locations is simple and easy but choosing the right method could save you a ton of cash. It is no surprise to learn that there are many hidden fees when exchanging money and what used to be a convenient way to get cash is no longer widely used and accepted. Here are the best currency exchange options for travelers. 1. Credit cards: Credit cards are a must these days either to book a hotel room or make large purchases. Whenever you make a purchase in a foreign currency credit card providers charge more than ATMs by adding 2.5 – 3% on top of the spot rate.  If you have a travel rewards credit card you get extra benefits that can save you a ton of money. Most of these cards include travel medical insurance and lost/delayed baggage insurance. With any insurance policy, read the T&C print to find out exactly what you’re covered for. Or use a multi-currency forex card for all your payment needs. Once the foreign e...

Travelling is all about experiencing something new. It’s about discovering something magical. And it’s about cherishing every moment. If not planned well, travelling can take a toll on you and end up as bitter memories. Speaking of planning, one of the key things to consider for a safe, happy and stress-free journey is to plan your finances. Among the most important, after your documents, financial planning (includes multi currency travel card, foreign exchange, dollar exchange , etc) can either make your holiday or break it. Simply because a trivial error can lead to a massive inconvenience. Here are a few common finance mistakes to avoid when travelling abroad: Carrying cash: Carrying cash is good, when it is limited. Stuffing your wallet or backpack with the entire trip’s budget is simply unsafe and stressful. Which is why using a multi-currency travel card can help. You can load as much money as you wish and use it whenever and wherever the need arises, ...

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...