4 Best Top Travel Money Tips
When building up to your holiday, sometimes you’d rather just get to that hot, sandy beach as soon as possible and money is the last thing you want to think about, but getting your money right when travelling is one of the most important elements to guarantee that you have a good time.
For a stress-free, enjoyable trip that makes all the money you’ve saved go that extra mile, here are some top travel money tips for when you travel.
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Avoid the Airport
Well, you kind of have to fly if you’re travelling to a far off land, but what we mean is avoid exchanging your currency at the airport. There are often last minute options and they take advantage of travelers with no other choice.
Get the most from your holiday cash with these top 10 travel money tips
You’ll most likely end up getting a weak exchange rate and high commission charges on top. Instead, opt for ordering your money online and double check delivery charges before you decide to buy.
Bear in mind that although companies may offer a tempting 0% commission charge, sometimes this fee is included in the exchange rate price, so it’s worth shopping around for the best deal when it comes to currency.
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Tell Your Bank
Be sure to inform your bank that you are going abroad and let them know where you are travelling to as well as how long you will be away. Many banks are taking extra precautions to crack down on overseas fraud or suspicious activity so there’s a good chance that they may block your card if you haven’t informed them that you will be drawing money out abroad.
For extra backup, take your bank’s 24-hour contact details with you so that you can get in touch with them immediately if you run into emergency problems. If you have to pay out expensive costs such as taxi fares or phone bills while trying to reactivate access to your account, you can often claim this back from your bank as a refund.
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Manage Your Mobile Phone
One of the most shocking expenses that can catch you out is your mobile phone bill. A few ‘harmless’ calls and texts sent and received and some quick browsing on the internet on holiday can rack up extortionate bills if you’re not careful.
Top Travel Money Tips | Sarah Jensen
Check the charges on your network for using your mobile aboard and remember that rates differ in European and Asian countries. Many companies offer bolt-ons or extra packages for the time that you’re away, so consider what options they can give you.
Keep costs down by just texting in an emergency, linking up to WiFi or even by grabbing a cheap local pay as you go SIM card and handset if you’re going to be in the country or continent for a while.
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Can You Buy Back?
Oftentimes we don’t end up spending all of the money that we get exchanged into foreign currency. To save waste, check if the company you exchanged your money with will buy back the currency at the end of your trip.
This will often be at the same rate as you purchased it but if the rates have changed it could be worth shopping around to check if other companies can offer you a better deal for the money.
With these four simple tips you can’t go wrong when it comes to getting the most out of your money when you travel.
Top Travel Money Tips
It’s an important part of the process when booking and planning your holiday abroad so be sure to make a checklist of all the things to you need to make sure of before you set off for a smooth and organised trip.
Category: Travel