Cash, Check, Card - All Have Pros, Cons for Foreign Travel

Summary


"Money alone sets all the world in motion," said Publilius Syrus, an ancient Latin writer known for aphorisms. But how do you set your money in motion when you travel?

Whether check, card or currency, each method has its pluses and minuses. So it's best to take money in various forms, do some research and plan ahead. "The middle of a foreign country is not the place to figure out how to use your credit card at an ATM," said John Oldshue, partner at LowCards.com, a consumer website that compares credit cards.

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Extract


Cash, Check, Card - All Have Pros, Cons for Foreign Travel

ATM/debit card

Cost: Some cards assess foreign-transaction fees of 1 percent to 3 percent; some charge nothing. At ATMs, besides a usage fee, you ...

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