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Whats the best way to carry cash?

Travel Forums Round the World Travel Whats the best way to carry cash?

1. Posted by qandwtour (Budding Member 2 posts) 7y

Any suggestions on credit cards, certain banks/account would be awesome!

2. Posted by aharrold45 (Travel Guru 1281 posts) 7y

I have seen it mentioned a number of times on here that a Nationwide Flex account is the best one for travellers from the UK going overseas so I'd assume even given the current financial crisis this would still be the case.

I always take a few creditcards, quite a bit of cash and a normal savings card with a lot of my money in as well as a few cards that are expired or got little money in them so if they were cleaned out it wouldn't be an end to the trip.

You have the expired ones or ones with little money in your wallet as well as enough cash for the day (unless it is an expensive day) preferably in small denomination bills. That way should money be demanded of you, it looks like they are getting a lot but infact they aren't getting a huge amount. It also means you can throw your money all over the place and by the time the robber(s) collect the money you are far enough away so you are safe (unless they are olympic standard sprinters in which case you are in trouble!). You store the majority of your money in your money belt and when it comes time to withdraw more you make sure you get your card out and put it back in when you are in a toilet or hotel/hostel room so as not to have any eyes noticing you have a money belt. All of this is designed so that if you get mugged and your wallet is stolen they will see you have bank cards and some cash there so they will think you aren't hiding anything, but if your wallet had no cards and none or little cash in it then it would look as though you were hiding something and they'd go further.

If you are going to have a large amount of cash on you, it is also a good idea before you travel to sleep with your money belt on (like you should do while away especially if staying in hostels) and walk in the streets you feel safe in with it on as well for a week or so. By doing this you will get used to it and whilst walking you will hardly be aware you are even carrying a large amount of cash so will not look like you are worried about something like could be the case if you did not do this before hand.

3. Posted by Hien (Moderator 3906 posts) 7y

Yes, Nationwide is definitely the choice for those in the UK because they don't charge for overseas ATM withdrawals.

By the way, check out the Money Matters article for guides on carrying money whilst travelling.

4. Posted by fussy (Inactive 208 posts) 7y

Post Office card (UK) does not charge any exchange fees for overseas purchases. HAndy to have. We just returned from 4 months RTW, ATMs everywhere. However, let your bank know you are going away, or they may freeze your card, as HSBC did until I contacted them.

Also time differences can also affect cash withdrawls, ie sometimes they don't work. We had this with our LLoyds card.

5. Posted by Hien (Moderator 3906 posts) 7y

Quoting fussy

Also time differences can also affect cash withdrawls, ie sometimes they don't work. We had this with our LLoyds card.

It's actually the bank doing scheduled system maintenance and all transactions are stopped during this time. They usually do this after midnight and could last for a few hours. If you want to withdraw money on that day, plan ahead and check the time difference.