Tuesday, October 12, 2010

Should I use my ATM card while traveling?

Yes, you’ll have access to cash during your trip so you won’t have to take as much cash with you and using your ATM card can also be a good way to get cash in foreign countries.
The ATM will issue money in local currency.
You should exchange at the bank’s wholesale exchange rate. You may still want to shop around to different banks since some will charge a high usage fee for their ATMs. Although, even high ATM fees may be less than others will charge for currency exchanges.
Don't wait until you're out of money to go to an ATM, the machines can run out of money or break down.

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