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Getting the Best Currency Exchange Rate on Holiday
Sometimes bargains are not really good deals once you get to see the “other” fees that come with it. If one is not cautious enough in checking out these extra fees then you may actually be paying more than what you bargained for. Choosing the Holidays to take your vacations is a great way to spend quality time with your loved ones but there are ways to save more during these vacations;
Mobile Phones
Internet access over your phone while overseas can amount to a small fortune. You will be one of those customers who might be in shock once you receive your expensive bill. Before leaving call your provider and let them know that you are travelling and ask if they have some special offers. Or you could ask them to simply turn off data roaming so you won’t be tempted to use the data that’s included on your phone. Or if you’re the adventurous type who can survive without using your mobile then by all means keep it tucked away during your trip and use it sparingly.
Exchange rates
It is not advisable to exchange your currency at the airport because you’ll get charged with a lot of fees. Try to do it before you leave or look for a currency exchange bureau that would give you a good deal. There are a lot of websites that you can look up and you could even compare rates. Do your transactions online and just wait for your currencies to arrive at your doorstep.
Credit Card
If you use your credit card overseas you may get a charged with up to 3% of your purchase. So look for a card that doesn’t charge fees for your trips abroad. A prepaid currency card will be even better because it protects you from exchange rate fluctuations. It’s stapled on a fixed exchange rate so you are protected from the sudden highs and lows of the exchange rate market. Also avoid using your debit card because you get charged with higher fees every time you use them.