[quote=briansd1]If you travel overseas to some countries, you’d know that cash is still king. The money changers charge you more for travelers’ cheques, ATM or CC. You have to pay transaction fees, conversion fees and commissions if you don’t use cash.
When I travel I always take crisp 100 dollar bills with me.[/quote]
I used to feel the same way – but currency exchange places charge to much.
I use the ATM or credit card. I notify my bank (ATM) and credit card companies ahead of time so the fraud department doesn’t freak out. Never had an issue and it’s WAY cheaper. Capital One used to (not sure if they still do) basically give you the overnight exchange rate with NO surcharges. Other credit card companies might have a 1% surcharge. Currency exchange places usually have 3-5% surcharge built into their rate.
