what kind of bank card is every1 taking abroad with them?
i currently hav a debit card however my bank say i may be succeptable to charges and recommend a credit card.
however i wish to use my debit card as i want to be in control of my finances and not get into debt (which i may do using a credit card!).
what kind of charges occur?
my bank say that a debit card, altho accepted in LINK ATM's may not be accepted to use to pay for things in remoter places aswell.
any help or advice is appreciated thanks
I always take just a couple debit cards with money split between the two. In most cases, check with your bank, the only charges incurred on my ATM transactions is a 1% international transaction fee. If you are heading to a remote area, be sure to take out enough to cover expenses for the duration. If you think you may want to put some purchases on a charge card then bring one but don't use it to get cash. Safe travels!
Im Australian so cant offer any information about UK banks, but my advice is just to talk to as many banks and credit card companies as possible. My normal debit card charges $5 for every overseas transaction but when I explored my options I found a bank that charges a small monthly fee but then all overseas transactions are free. Even better, I found a credit card that has no annual or overseas transaction fees whatsoever (the interest rate is not very good but you can load it up with money and just use it as a debit card).
Where are you travelling from and to ?
There is a Uk debit card that doesn't charge for transactions and cash withdrawals throughout 'most' of Europe.
In addition to everyone else's advice, can you pay for stuff with your debit card, at least until you get the ATM problem straightened out? Or do you have a credit card you can use? If not, maybe you have someone that can wire you cash and you can repay them when you get back? Then try to make your bank reimburse you for the wire fees because they messed you up.
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I usually plan a budget before I get there and split that budget into 3. lets say I have 1000 usd for the trip I take 400 cash with me , 300 on a debit card and spend the other 300 from my credit card. this way I try to balance my account because if you spend all from credit card you will face a large debt when you come back.
When in Mexico I always just use my debit card. The money comes directly out of my account in pesos and I get the exchange rate of the day which beats the exchange kiosks. It also means no line ups at the banks. There are no extra charges from my bank unless I exceed the number of transactions that I am allowed in a month. Hope this helps
Still no response as to the route to be taken.
Different bank cards for different countries worldwide.
Really need to know where you are travelling to, to make progress on this one.
sorry for the late reply been busy prepping for this trip! well im goin all over really. thailand, oz, new z, fiji, then usa for a shorter period. ive tryed transferring banks to those who charge a lot less on fees but because most know im transferring for this, they will only give me a basic account with an electron card which dnt work abroad!
i think im guna have to get used to get charged ridiculous amounts n try ways round it!