[Noisebridge-discuss] Best strategy and currency for foreign travel..

[karen marcelo]

i found out the hard way but american banks are so paranoid these days that if you start using your credit card in some other country they assume your card is stolen and will shut it down after a couple purchases (or ATM).  they told me that now you have to call the bank nanny before you leave and tell them where you're going.    they didnt like my answer either when i said just assume i'll be going to random countries on the spur of the moment this whole year so if i dont call you to report my card stolen, assume that really is me using it.  as far as i know my ATM card is still locked.



On Jan 24, 2010, at 10:52 PM, Martin Bogomolni wrote:

> So, to summarize the thread a bit:
> 
> In countries with a highly developed banking system--
>   * Cash in the local currency enough for a day
>   * Travelers Checks enough to cover a major expense
>   * 2 Credit Card w/ ATM access across different networks
> 
> In countries with a less developed banking system--
>  * Cash in the local currency for needed expenses on the trip
>  * Backup Cash in US or Euro to cover a major expense
>  * Traveler's Checks as a final backup
>  * Credit Card, but don't count on ATM access
> 
> In countries without easy bank access--
>  * Cash in the local currency, enough for all needs
>  * Backup Cash in US or Euro for a couple major expenses
>  * Traveler's Checks as the only backup
> 
> Sound about right?
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