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How to handle money?

Travel Forums General Talk How to handle money?

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11. Posted by Gelli (Travel Guru 2457 posts) 11y

Yup, top up credit card beforehand, and whatever you do (a) make sure the card won't run out half way around the world - getting replacements are horrible, and you'll probably have a gap of a couple of weeks and (b) make sure you/parents/whoever pays off the minimum balance each month. If not, you suddenly get very, very stuck!!

Take a mixture. Dollars and Euros are useable hard currency in most places. Get a couple of big bills to hide around as emergency funds only, plus lots of smaller ones (the taxi driver in cambodia won't have or give you change from a 50!). Make sure that they are new crisp and unmarked bills. At the moment, bnecause of the weakness of the dollar in Europe, you get some great rates, so exchange before you go. And also have a credit card (ideally 2 - one visa, 1 mc) and maybe a debit card as well.

I personally don't use Trav Chks, but they are safe and could be worth having a couple for big-ish ones for back up.

12. Posted by Globerovers (Full Member 59 posts) 11y

Some people recon Amex Card is a must for when traveling as it covers many travel emergencies. Is this true? Any thoughts on this?

Post 13 was removed by a moderator
14. Posted by Wocca (Inactive 3745 posts) 11y

AMEX is okay as long as there's an AMEX agency available wherever you're travelling to, and providedthey can do cash advances for you. AMEX is a debit card not a credit card, so you are supposed to pay the total outstanding when your monthly statement arrives.

WRT credit cards, I've found Mastercard most readily acceptable for purchases and cash advances.

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