With all the documents ready, we need to fill our wallet with money for the travel. This video discusses various ways of filling the pocket. That is how to prepare the money for international travel. Over the years credit cards have been widely used by many travelers, which is safer than carrying cash. In this case we need to contact the credit card provider well in advance and notify them about the travel. Also we need to learn about the various fees applicable to international purchases. The various advantages of paying with plastic are:
1) Paying with a credit card is quick and convenient
2) Many credit cards comes with traveler friendly features:
--extended protection against theft
--covers for accidental damage of purchases
3) Travel accident protection
4) Car rental insurance
Another important option is to have minimum amount of foreign currency in advance of the travel. This is a great way to avoid exchange rates at the airport and to avoid last minute rush. A refillable travel money card is actually a prepaid debit card, which offers a very good supplement to the travelers. Travelers can also get local currencies by using this card from the ATM's. Traveler's checks is also one of the very good option, as:
1. They are refundable even if they are lost or stolen
2. Most of the traveler's checks never expire
3. They come with 24/7 customer service replacement
4. They can be exchanged for local currencies at the destination banks.
Take a note of numbers of all the traveler's check and contact numbers for quick reporting in case if the card gets lost or stolen.
In brief prepare the credit card, local currencies and traveler's checks well in advance of the travel and keep the currencies in various locations. Avoid carrying other credit cards to avoid unnecessary financial loss.
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