Travel Money tips and advice
When planning your travels its important to stay mindful of how you will manage your money whilst abroad yes I can hear you saying well VISA is every where but it may not always stay in your pocket or you may not be able to instantly contact your bank if the worst happens there are also many fees attached with most issuers that charge for the exchange of currency each time you use them. Having back ups always help and the best way to have a back up is exchange currency of the country you are visiting. There are are however a few drawbacks to using the currency of the manor as we are going to discuss. You should Inform your bank and any financial service providers know that you are travelling so that they don’t block your cards themselves thinking it may be fraud.
Travellers cheques may be the best and most secure option
Travellers cheques popular and have become a very commonly used form of none cash to use when on holiday they are also the safest form of cash that you could possibly have to hand. Travellers cheques are widely available and can be exchanged at banks and other financial institutions. The best way to stay safe using travellers cheques is to make a copy of them or note down all the cheque numbers and keep them safe.
How much currency is good ?
I would recommend using just enough to get you around for taxis maybe enough for food here and there remember once cash is lost or stolen its gone you don’t have any way to trace back to it or claim for it. Go to your bank and say convert about £100 worth and that should be fine for a 1 week holiday just to be on the safe side but it all depends how your holiday is set out and if your going to even be doing any taxi-ing. inevitably its your decision most are fine with using mostly currency in cash and have no problems I just don’t recommend it because i font feel that you should for any reason make yourself a target.
Credit and debit Cards are protected and common
Foreign usage loading is the first few words to start with here as its what banks charge when your using your credit card abroad the fee is around 2.75% for a card payment transaction when you purchase say some food at a restaurant or buy clothes. There is also a charge for ATM withdrawals at 2% and nicely matched to top that off is lush 2% currency exchange fee - yes you still get charged one even in this digital transactions day and age.
Another ATM related issue to be wary of is that there may not be as many ATM close by as your used to in Europe so doing a little research of ATM accessibility will do you good.
The upside is of course that your credit card is the simplest of all to use and if you make purchases you can pay them off on pay day. Credit cards as is their nature can also be a very good backup facility when on holiday and its best to use them in most occasions with this sense.
Hope that keeps you in fine tune with your spending 
Please comment below on any of your experiences.
Tags: cash, credit cards, finances, holiday, travel cheques