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Money Whilst Travelling- how do u carry it?

Travel Forums Round the World Travel Money Whilst Travelling- how do u carry it?

1. Posted by Kitty123 (Budding Member 36 posts) 8y

Hi there.

Might sound like a silly question, but how would you suggest money is carried whilst traveling rtw?

I will be in Asia for 6 weeks before staying in OZ for a while (thought opening a bank account here would be easy enough?), then onto NZ, Fiji, US and home!!

I have a visa card, but I dont want to get charged everytime I take money out. I think Nationwide do free withdrawls abroad though? Don't want to carry lots of money, but how secure would travellers cheques be? Never used them before!

Any ideas / tips let me know!

Thanks :)

2. Posted by Hien (Travel Guru 3906 posts) 8y

This thread has the answers you want. :)

3. Posted by aharrold45 (Travel Guru 1281 posts) 8y

Quoting Kitty123

I dont want to get charged everytime I take money out.

If that is your main worry, then forget about opening up a bank account in Australia because we have about the worst of anywhere in the developed world when it comes to bank fees for overseas withdrawals. As far as I am aware all savings accounts have a $5.00 per withdrawal fee and almost all creditcards have about a 2.5% currency conversion fee (a wizard clear advantage mastercard in Australia doesn't have overseas transaction fees, but that the only one I am aware of). Every other card they slug you badly no matter how big or small the transaction.

Forget about taking travellers cheques. In some places they are completely useless but where they aren't you will usually find you are paying more conversion fees than every other possible method.

Taking a Cash Passport is a good method for taking currency, but again they also have fees for using it but smaller than most creditcards charge you.