10 Money Minders for a Holiday ! - Part 2

5. Ask your banker ... all about cash advance, ATM, foreign purchase and foreign exchange rate policies and fees.

6. Find out .... the number you can reach your bank or credit card company on while you are abroad. The 800 number listed on the back of your card may not work from foreign location.

7. Check for currency conversion rates ... of your credit card companies. In that case you can find the most economical card on which to place your foreign purchases.

8. Using the ATM card ... is also a good idea. The ATM will issue money in local currency. but better check: come banks charge a high usage fee for their ATMs. Although even high ATM fees may be less than others will charge for currency exchanges.

9. Exchange your currency at ... the bank;s wholesale exchange rate. yes; there;s something like that!

10. Best currency conversion option is ... to carry dollars. It's easier to exchange.

Concluded

10 Money Minders for a Holiday ! - Part 1

Its Holiday Time, but being strapped for cash is a traveller's worst nightmare. Read on how to keep it bay!

A holiday is an escape to somewhere your worried can't reach you. Yes, that's the word - worry. Fair enough! But what if you land yourself in one while travelling? What if your credit card isn't accepted and you aren't getting a decent exchange rate for your native currency? Now that we have you worried before you have face it, we have also got you a check list :

1. Take along your major credit cards....

Make sure they are really credit cards and not just debit cards with a credit card company logo on them. many locations require a credit card and will not accept a debit card, as they may have limited use on your travel.

2. Notify your credit card company ....  of your trip before you leave. The unfamiliar spending patterns might cause them to suspect that the card is being sued fraudulently and delay your approvals. Further they will explain many of the services that they can provide while you are on your trip.

3. Inform your bank ... of your trip too, so that arrangements can be made to pay bills that will come due while you are gone.

4. Confirm your credit card company .... if your PIN number will work in the countries you are visiting. They can also issue you another PIN number, if your current PIN is unacceptable in the foreign bank system.

To Be Continued.....