1. Posted by eskay213 (Budding Member 9 posts) 17y Star this if you like it!

Hi everyone,

Again a hurdle to jump!!!

I was planning to take money in 4 forms

1. Cash
2. Travellers Cheques
3. Credit Cards
4. Bank debit card

However, I have just found out that most credit card companies here in the UK charge commission for usage overseas (typically 2.75%), which is ridiculous. This just means that I will have to use the CC as little as possible.

Just wanted to ask therefore: How do u guys handle your finances whilst travelling? What percentage of your expenditure is done on each form mentioned above?

Many many thanks,


2. Posted by Wocca (Inactive 3745 posts) 17y Star this if you like it!

Hi eskay213

Welcome aboard

Have a look in the General Forum for topics about money


3. Posted by Cupcake (Travel Guru 8468 posts) 17y Star this if you like it!

Hello Eskay!
Welcome to Travllerspoint!
These links to previous threads may help you out..:)
Good Luck!!


4. Posted by loubylou (Respected Member 664 posts) 17y Star this if you like it!

Hi SK!

I'd advise you open up a Nationwide flexaccount and get a Nationwide credit card which are visa backed. Nationwide doesn't charge it's customers for use of these abroad, they also give you the money market exchange rate which is usually quite a bit higher than money exchange places! You can access the account from the internet and it comes with an e-savings facility which you get 4% interest on! You can keep your saving in the e-savings account and transfer money bit by bit online when you are away.

I have a Flexaccount and I now only take my debit card and don't bother with travellers cheques, which in most places cost you money to cash. Take a few for 'just in case', but definitely go with Nationwide!


5. Posted by areinstein (Travel Guru 2788 posts) 17y Star this if you like it!

Unless you are going to a very remote area in Central or South America, you should have no problems using your credit card. I prefer to use that for everything and also I like to carry small bills of local currency or single dollars for tipping. Visa and Mastercard is widely accepted in that part of the world...