Currency & Credit Cards: What You Need to Know When Traveling Abroad

In this episode, Shannon Bednarova shares essential travel tips focusing on credit cards and currency exchange. She emphasizes the importance of preparation before traveling, including researching banks and comparing exchange rates before ordering foreign currency. Shannon discusses the advantages of using credit cards abroad, which cards are widely accepted, and which are not, the necessity of having cash for certain transactions, and practical advice on managing foreign currency when traveling in the EU and British Isles.

• Transform your traveling experience by exchanging currency before your trip
• Research banks and competitive exchange rates to get the best deal
• Consider how you travel and the places you will visit when ordering currency
• Credit cards are widely accepted, but not American Express
• Some vendors only accept credit cards and no cash
• Cash is still necessary or preferred for certain transactions and tips
• Be cautious of exchange rates at airports and tourist areas
• Keep track of your expenses and receipts while traveling
• Banks in the US will accept foreign paper currency for exchange upon your return, but not coinage
• Use foreign coinage for tips, buying convenience items and for public restrooms BEFORE returning to the United States

DISCLAIMER: All opinions, recommendations and experiences shared on this podcast are solely those of the creator and/or her guests. Please do your own research and consult the appropriate professionals before making any decisions based on content shared on this show.

Thank you for listening! I welcome your feedback and suggestions or you simply let me know if you are enjoying the show. You can reach me at Shannon@ALadyWellTravelled.com