Menu

Home › Forums › Financial Markets/Economics › Buying Euros (for vacation, not as a hedge)

Viewing 15 posts - 1 through 15 (of 71 total)
1 2 3 4 5
  • Author
    Posts
  • December 12, 2009 at 12:16 PM #16799
    afx114
    Participant

    Looking for recommendations on buying a relatively small amount of Euros for an upcoming trip. Looking to avoid paying massive fees. Should I buy them here, or wait till I get over there? Also looking for advice on where the dollar will be moving over the next month to decide if I should buy now or wait. Yah, I know, I should have bought them a long time ago and a month won’t make much of a difference, but still looking for advice. Gracias in advance!

    December 12, 2009 at 1:16 PM #493426
    ybitz
    Participant

    I’ve found the best way is to get Euro when you arrive at the airport in Europe, using your ATM card. The fees are minimal: 0-3% depending on your card.

    http://www.flyerguide.com/wiki/index.php/Credit/Debit/ATM_Cards_and_Foreign_Exchange

    No idea whether the dollar will be moving up or down in relation to the Euro. In fact, no one really knows such things…even the “professionals” are really just guessing. Especially since you’re buying a relatively small amount, I wouldn’t worry about it.

    December 12, 2009 at 1:16 PM #493587
    ybitz
    Participant

    I’ve found the best way is to get Euro when you arrive at the airport in Europe, using your ATM card. The fees are minimal: 0-3% depending on your card.

    http://www.flyerguide.com/wiki/index.php/Credit/Debit/ATM_Cards_and_Foreign_Exchange

    No idea whether the dollar will be moving up or down in relation to the Euro. In fact, no one really knows such things…even the “professionals” are really just guessing. Especially since you’re buying a relatively small amount, I wouldn’t worry about it.

    December 12, 2009 at 1:16 PM #493974
    ybitz
    Participant

    I’ve found the best way is to get Euro when you arrive at the airport in Europe, using your ATM card. The fees are minimal: 0-3% depending on your card.

    http://www.flyerguide.com/wiki/index.php/Credit/Debit/ATM_Cards_and_Foreign_Exchange

    No idea whether the dollar will be moving up or down in relation to the Euro. In fact, no one really knows such things…even the “professionals” are really just guessing. Especially since you’re buying a relatively small amount, I wouldn’t worry about it.

    December 12, 2009 at 1:16 PM #494061
    ybitz
    Participant

    I’ve found the best way is to get Euro when you arrive at the airport in Europe, using your ATM card. The fees are minimal: 0-3% depending on your card.

    http://www.flyerguide.com/wiki/index.php/Credit/Debit/ATM_Cards_and_Foreign_Exchange

    No idea whether the dollar will be moving up or down in relation to the Euro. In fact, no one really knows such things…even the “professionals” are really just guessing. Especially since you’re buying a relatively small amount, I wouldn’t worry about it.

    December 12, 2009 at 1:16 PM #494299
    ybitz
    Participant

    I’ve found the best way is to get Euro when you arrive at the airport in Europe, using your ATM card. The fees are minimal: 0-3% depending on your card.

    http://www.flyerguide.com/wiki/index.php/Credit/Debit/ATM_Cards_and_Foreign_Exchange

    No idea whether the dollar will be moving up or down in relation to the Euro. In fact, no one really knows such things…even the “professionals” are really just guessing. Especially since you’re buying a relatively small amount, I wouldn’t worry about it.

    December 12, 2009 at 1:19 PM #493431
    briansd1
    Guest

    It depends on the country. In Amsterdam there are no fees/commissions.

    In France the commissions are a rip-off. In which case, it’s better to use your ATM card.

    December 12, 2009 at 1:19 PM #493591
    briansd1
    Guest

    It depends on the country. In Amsterdam there are no fees/commissions.

    In France the commissions are a rip-off. In which case, it’s better to use your ATM card.

    December 12, 2009 at 1:19 PM #493979
    briansd1
    Guest

    It depends on the country. In Amsterdam there are no fees/commissions.

    In France the commissions are a rip-off. In which case, it’s better to use your ATM card.

    December 12, 2009 at 1:19 PM #494066
    briansd1
    Guest

    It depends on the country. In Amsterdam there are no fees/commissions.

    In France the commissions are a rip-off. In which case, it’s better to use your ATM card.

    December 12, 2009 at 1:19 PM #494304
    briansd1
    Guest

    It depends on the country. In Amsterdam there are no fees/commissions.

    In France the commissions are a rip-off. In which case, it’s better to use your ATM card.

    December 12, 2009 at 2:13 PM #493441
    UCGal
    Participant

    I agree with the previous post to use your ATM card when you get there. Also using your charge card will get you a better exchange rate for purchases than converting US Dollars to Euro cash.

    Make sure you let your bank (ATM) and charge card companies know you’ll be going to Europe. Fraud departments sometimes look at activity overseas as potential fraud and lock the card… this can be a big hassle if you’re overseas trying to call and get them to unlock the card. It doesn’t happen often… but it has happened to friends of mine so I take the time to call before trips.

    December 12, 2009 at 2:13 PM #493601
    UCGal
    Participant

    I agree with the previous post to use your ATM card when you get there. Also using your charge card will get you a better exchange rate for purchases than converting US Dollars to Euro cash.

    Make sure you let your bank (ATM) and charge card companies know you’ll be going to Europe. Fraud departments sometimes look at activity overseas as potential fraud and lock the card… this can be a big hassle if you’re overseas trying to call and get them to unlock the card. It doesn’t happen often… but it has happened to friends of mine so I take the time to call before trips.

    December 12, 2009 at 2:13 PM #493989
    UCGal
    Participant

    I agree with the previous post to use your ATM card when you get there. Also using your charge card will get you a better exchange rate for purchases than converting US Dollars to Euro cash.

    Make sure you let your bank (ATM) and charge card companies know you’ll be going to Europe. Fraud departments sometimes look at activity overseas as potential fraud and lock the card… this can be a big hassle if you’re overseas trying to call and get them to unlock the card. It doesn’t happen often… but it has happened to friends of mine so I take the time to call before trips.

    December 12, 2009 at 2:13 PM #494076
    UCGal
    Participant

    I agree with the previous post to use your ATM card when you get there. Also using your charge card will get you a better exchange rate for purchases than converting US Dollars to Euro cash.

    Make sure you let your bank (ATM) and charge card companies know you’ll be going to Europe. Fraud departments sometimes look at activity overseas as potential fraud and lock the card… this can be a big hassle if you’re overseas trying to call and get them to unlock the card. It doesn’t happen often… but it has happened to friends of mine so I take the time to call before trips.

  • Author
    Posts
Viewing 15 posts - 1 through 15 (of 71 total)
1 2 3 4 5
  • You must be logged in to reply to this topic.