Okay! So, long-cherished dream to explore the foreign destination has finally come true and now you are packing the bags for that dream destination! But, have you been able to manage travel currency exchange! By managing, it means, have you been able to get the best foreign exchange rates for your travel abroad? You may nod your head in affirmation, but how will you know that the rates that you have got is the best? Isn’t it an important thing to check? Well, if you are reading this, it is indeed an important thing! Take the pain to explore various ways to check whether you are getting the best foreign exchange rates for travel currency exchange.
- Did you call just your bank in which you are an account holder or did you walk that extra mile to compare the rates? Well, different banks are offering different foreign exchange rates. And, foreign exchange rates keep fluctuating. Therefore, it is important that you keep a tab on the rate cards of all major banks and choose the one that gives you the best rates.
- Another way through which you can get your travel money is having plastic money. Plastic money includes debit and credit cards. However, the use of credit card may charge you fees of 2 to 3% when you are going for travel exchange money. Therefore, experts advise that it is a good option in case you want to make bulk purchases. Also good for those who want to travel without cash. Also, there are certain credit cards which do not charge international fees. Therefore, bulk savings can help you save substantially.
Though there are many other options such as pre-paid card, hotel desk, and online money transfer. But, depending on the duration of your travel, your own liking, comfort and keeping in mind best foreign exchange rates, you can select the option for your travel currency exchange.