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Old 25 June 2007, 11:09 PM
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nik52wrx
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Default Holiday currency

Going on my hols next month and am wondering what the best way of taking money abroad is.
Choices appear to be:
1. cash ( taking some but not two weeks worth for obvious reasons)
2. Use my credit card.
3. Travellers cheques
4. Travellers card (like travellers cheques but on a card)

What does everyone-else do?

Nik.
Old 25 June 2007, 11:13 PM
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Flaps
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I usually get a small amount from the Post Office (just enough to cover taxi fees/tips etc and the first night) and then use my Visa/Switch card and get my money out from the 'hole in the wall' whilst out there. In the past I have got the best exchange rate by doing this and also only got out what I needed when I needed it, plus less laying around to worry about.
Old 25 June 2007, 11:32 PM
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Mr doo
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Hi , same here , enough cash to get through first day or so then maestro card at cashpoints.
Brian
Old 26 June 2007, 09:00 AM
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davegtt
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cash all the way for me Im afraid. just get a safe once you arrive.
Old 26 June 2007, 10:44 AM
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jfrf
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credit card is what i use.
the exchange rate is preety good and youre normally protected from fraud and any other dodgy transactions
Old 26 June 2007, 12:29 PM
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Nigel H
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Cash / travellers cheques can be the cheapest, since you pay a one off fee at the time of purchase. With the credit card and cash point options you pay a fee every time you use it, cash points typically a couple of quid. Sorry dunno about credit cards.

Personally I don't like to carry much cash, so I'll take some to get me started then take out some more when I get there from a hole in the wall. I'll try to get one (or maybe two) lots to minimise fees.

The rest goes on the credit card. The exchange rates are usually good even with the handling fees. While travellers cheques are the most secure I find them too much of a pain to cash - have to go to a bank etc.
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