Travel money tips

Category : Managing Money

Consider a travel card. The Travel Money Card is a great way to carry and spend cash abroad. It allows you to pre-load US dollars, euros or sterling on to a card that you can use with a PIN where Visa is accepted.

Mix your money
For security, take a mixture of formats - cash, cards and travellers cheques.

Rare cash machines
ATMs may be hard to find outside towns and cities. Use our cash machine locator.

US dollar is king
Especially in developing nations. It's easier to change dollars and dollar travellers cheques too.

Loose change
Carry the majority of your money in smaller denomination travellers cheques and keep your receipts and a log of their numbers separate. Only exchange what you need and don't walk around with lots of cash.

Spot the conmen
Change your cheques and currency in a bank or recognised foreign exchange bureau. Don't change money on the streets - it could be a way to get ripped-off.

Tips on tipping
Find out the accepted practice on tipping in bars and restaurants. This can vary from country to country.

Carry a card
Buy expensive items with your card to avoid a big dent in your daily budget. Don't carry all your cards with you - leave at least one in a hotel safe.

Online Banking
Sign up and monitor your account while you're away. Register for Online Banking. Always take care when using the service in public areas, such as Internet cafes.

Belt up
Make it hard for thieves by using a money belt or secure inside pocket.

Get in touch
Have a list of emergency phone numbers for all your cards and travellers cheques in case they're stolen. You will need to cancel them immediately.

Pay your bills
Pay your credit card and other bills while you're away to avoid being stranded with no plastic.

Secret fund
Keep a small amount of cash hidden away in case of real emergencies.

Bag a bargain
Familiarise yourself with local prices to avoid rip-offs. You may find haggling uncomfortable but it's a way of life in many countries - just don't go overboard.