When you’re traveling abroad, you’ll want to have some cash on you, since not everywhere will accept your credit card. Here are some tips for exchanging money.
Check the Exchange Rate
You won’t get a perfect rate because of taxes and fees, but knowing the exchange rate will help you find the best deal.
Wait Until You Arrive
You’re likely to get a better deal if you wait until you arrive at your destination than if you exchange in the U.S.
Get a Lot
While you might not want to carry a ton of cash around, you lose money every time you do an exchange, so getting a larger sum at once will save you money. You can always leave some in the hotel safe or split it up if you’re worried.
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