Cash, Cards & Calls: Your Essential Guide to International Travel Finances and Mobile Use
We never want our clients to be unprepared for travel, especially when leaving the country. There are important things to know about money, credit cards and cell phone usage that we will share below.
Planning a trip abroad is exhilarating! But amidst the whirlwind of booking flights and crafting itineraries, don't forget the nitty-gritty of travel finances and mobile usage. To ensure a smooth and financially savvy adventure, here's your one-stop guide from your friendly neighborhood travel agency:
Cash vs. Credit Cards: The Great Travel Debate
Both cash and credit cards have their merits. Cash is king for smaller purchases and situations where cards aren't accepted, like local markets or street vendors. It also helps you stay on budget as you can physically see how much you're spending.
Credit cards, however, offer security and convenience. They're less vulnerable to theft than cash, and many cards provide travel rewards. Just be aware of foreign transaction fees, which can add up. Consider getting a travel-friendly credit card with special perks and no foreign transaction fees. Also keep in mind that American Express and Discover are not as widely accepted outside of the United States as they are at home. If AMEX is your card of choice, be sure to have a back up VISA or MasterCard just in case. Also be sure to have an actual credit card vs solely relying on debit in case an emergency arises and you need to cover unexpected expenses. Whatever you decide to use, contact your credit card company or bank before you depart so they know you will be traveling and also ask about fees! Once you arrive in your destination and decide to use your credit card, always select the local currency when given the choice between that and USD. It will save you money in the end.
Conquering Currency Chaos
Research the local currency of your destination. Many places have ATMs, but be mindful of withdrawal fees. Exchanging some cash for the local currency before you leave can be helpful, especially upon arrival. When exchanging currency, look for reputable exchange offices and avoid those with exorbitant rates - doing it at the airport will cost you the most! Many local banks will offer a currency exchange for little or no fee. We recommend contacting your bank 2-3 weeks prior to your trip to “order money”. Most that offer it will ship to your home via Fedex within a week of ordering, but not all banks do this so give yourself time to find out. Don’t arrive in a foreign country without some local currency.
Mobile Marvels: Staying Connected Abroad
Your trusty phone can be a lifesaver while traveling. But international roaming charges can be a nasty surprise. Contact your mobile carrier before your trip to explore international data plans or consider purchasing a local SIM card upon arrival. This can be a much more cost-effective way to stay connected. AT&T and Verizon both offer international plans for around $10 a day but it greatly depends on the phone plan that you have, so be sure to call and ask and not rely on what others have told you about their personal experience.
Remember:
Inform your bank and credit card companies about your travel plans to avoid fraud alerts.
Carry a backup debit or credit card in case of emergencies.
Be vigilant about your belongings, especially in crowded areas.
By planning ahead and following these tips, you can navigate the world of travel finances and mobile usage with confidence, allowing you to focus on creating unforgettable memories!