A vacation with family and friends is something you always look forward to. However, when you are going for a vacation you don’t want to carry an extra baggage of worries with you. To ensure that you are able to travel tension-free, we have come up with a list of some of the most important things that you can plan early for your international travel.
Get a Travel Card
A travel card is one of your best companions for your international travel plans. Travel cards can be loaded with multiple foreign currencies. The acceptable currencies may vary based on the bank you choose for the card. Once your card is loaded with the foreign currency, you can use it to withdraw money from ATMs wherever you are traveling. Moreover, you can also directly use the card to pay for things you shop or to clear your restaurant and hotel bills.
Keep Your Credit Card Handy
Credit cards are quite helpful when it comes to international travel. A lot of banks offer foreign transaction friendly cards, which means they do not charge a transaction fee. It is better to opt for such cards to ensure that you do not have to pay extra on every credit card transaction when traveling.
Traveler’s Cheque is a Good Idea
Since credit cards are preferred everywhere, the usage of traveler’s cheques has declined. However, it is a good idea to carry one, to ensure that you have a safety net when your credit card is not accessible. But, you might want to research the usage of traveler’s cheque in the destination you are visiting to confirm that you can cash the cheque there.
Avoid Forex at Airport
Airports are convenient for currency exchange when you have just landed in the country. However, the exchange rate is usually less favorable as compared to the one that is available at any local bank. Hence, you must cash into local currency at banks where you can get a better rate with lower service charges.
These are some of the tips that you can implement to ensure your financial planning for the international vacation is error-free.
Digital Wallet with free Virtual card and UPI which can be used to send/receive money, mobile/DTH recharge, pay bills and much moreRead More