Use these strategies to ensure that your wallet isn’t taken advantage of by a foreign currency.

Get Currency Before Your Trip at Your Bank

Starting off with a little bit of currency upon your arrival in your new country is never a bad idea. Avoid unfair exchange rates upon arrival by requesting some foreign currency at your local bank before your travels. They generally offer the fairest exchange rates that you’ll find.

Check Your Credit Card’s Foreign Transaction Policy

Using a credit card while traveling abroad can be an effective strategy if your credit card company offers a policy that includes no foreign transaction fees and fair exchange rates. If so, you won’t even have to worry too much about using hard currency.

Never Exchange Currency at the Airport

In general, the worst thing you can do upon arriving in a country that has a different currency than your own is exchanging at the airport. The monopoly held by the small number of shops that offer this service ends up creating exorbitant exchange rates that are completely unfair.

The post Avoid Currency Exchange Nightmares While Traveling with These Strategies appeared first on Traveler Master.

Where to trade your money?

This is the first and the most important question. If you don’t want to get scammed, you should remember once and for all, that trading your money with a street vendor is a big no-no. They offer the worst exchange rates. Exchanging money at airports and hotels is also a mistake. The safest place for buying money is at the exchange office or at the post office.

https://www.instagram.com/p/BjR1tROASjt/?tagged=euro

What is the value of your money?

Before traveling to a foreign country you should check the currency you are after and know the currency you are trading. This is the best way to avoid the pitfalls of currency exchange. Look at recent patterns of exchange rates, the best and the safest one is the national exchange rate list.

https://www.instagram.com/p/BjSSJDyF3HC/?tagged=wallet

Cash or credit card?

Credit cards are always the best options, as long as you shop carefully; be aware of exchange fees charges. However, there are countries with only a cash economy and where debit cards do not work.

The post How To Buy Money Abroad appeared first on Traveler Master.

Use these strategies to ensure that your wallet isn’t taken advantage of by a foreign currency.

Get Currency Before Your Trip at Your Bank

Starting off with a little bit of currency upon your arrival in your new country is never a bad idea. Avoid unfair exchange rates upon arrival by requesting some foreign currency at your local bank before your travels. They generally offer the fairest exchange rates that you’ll find.

Check Your Credit Card’s Foreign Transaction Policy

Using a credit card while traveling abroad can be an effective strategy if your credit card company offers a policy that includes no foreign transaction fees and fair exchange rates. If so, you won’t even have to worry too much about using hard currency.

Never Exchange Currency at the Airport

In general, the worst thing you can do upon arriving in a country that has a different currency than your own is exchanging at the airport. The monopoly held by the small number of shops that offer this service ends up creating exorbitant exchange rates that are completely unfair.

The post Avoid Currency Exchange Nightmares While Traveling with These Strategies appeared first on Traveler Master.

Where to trade your money?

This is the first and the most important question. If you don’t want to get scammed, you should remember once and for all, that trading your money with a street vendor is a big no-no. They offer the worst exchange rates. Exchanging money at airports and hotels is also a mistake. The safest place for buying money is at the exchange office or at the post office.

https://www.instagram.com/p/BjR1tROASjt/?tagged=euro

What is the value of your money?

Before traveling to a foreign country you should check the currency you are after and know the currency you are trading. This is the best way to avoid the pitfalls of currency exchange. Look at recent patterns of exchange rates, the best and the safest one is the national exchange rate list.

https://www.instagram.com/p/BjSSJDyF3HC/?tagged=wallet

Cash or credit card?

Credit cards are always the best options, as long as you shop carefully; be aware of exchange fees charges. However, there are countries with only a cash economy and where debit cards do not work.

The post How To Buy Money Abroad appeared first on Traveler Master.