Money Safety Tips for Traveling

It is recommended to get at least two credit cards in case one is stolen, lost or broken. It is great if these credit cards are issued by different payment networks, for example, one of them is Visa credit card, but other is MasterCard credit card. One of biggest mistakes is assuming that our ATM card works at every international destination, because it is not. Get in touch with your bank to find out whether your card works in the country which you are planning to visit. Remember to notify your card providers that you are going traveling, so they will not decline your charges.

Photocopy the most important documents and things such as passport or ID card, tickets, as well as credit and debit cards. Leave these copies with someone you trust at home and keep additional copies locked in your accommodation. You can also scan or take pictures of most important documents and keep them is your laptop, phone, e-mail, Google cloud or Dropbox. If it is possible, protect access to your files with a password. Another option is to store confidential information as an encrypted PDF.

If you travel to the country where your close friend or business colleague lives, ask whether he or she will be able to exchange your currency. It is a good way to avoid fees at conventional money-exchange offices. If your friend or colleague does not want your currency, ask them to exchange your money, because they can get a better exchange rate for you than you could by yourself. It is recommended to examine exchange rates before exchanging any currency. Do not forget to count the exchanged money yourself in front of the clerk to be sure that everything is correct.

If your bank does not charge an ATM fee, withdraw your money from an ATM, because ATM offers a better exchange rate than currency exchange office. If your card’s password consists of letters, find out corresponding numbers, because a lot of foreign ATM do not have letters. If it is possible, use an ATM inside of bank, rather than somewhere outside where your card’s information can be stolen. If you need to withdraw more money, get in touch with your bank to increase the daily cash withdrawal limit for your travel days.

Everyone who travels has to know that a lot of European canteens and shops only accept cash or chip-embedded credit cards, therefore, take it into account if you are planning your trip to Europe. These credit cards are vulnerable to electronic pickpockets, therefore, it is recommended to buy chip card sleeve protectors which are able to block the transmission of radio frequency identification signals. Another option is usage of prepaid credit card which avoids unauthorized access to your conventional credit card. If you prefer to use a credit card, you have to know that in some countries 2.5 to 3.9 percent surcharge is added to purchase which is made using credit cards.

When you are planning an international journey, research tipping etiquette in advance. A service charge is often included in bills, but if you are not sure about it, just leave a tip. When you are going through airport security, put your things on the conveyer belt only then, when you are ready to step through the screening portal to protect your things from thieves. When you leave your accommodation, keep your valuables such as passports and electronics safely locked in your accommodation. Leaving your accommodation, avoid keeping your cash and credit cards in the same place – do not keep them in the same bag or pocket, but carry them in multiple areas on your body. Explore modern possibilities for safe and comfortable carrying of money, for example, hands-free carry cases from PortaPockets.