Readers Comment on the Currency of Travel

"I've been to Europe many times. Usually, I take at least $100 in US dollars and $250 in traveler's checks for an emergency. While I agree the ATM reliability has improved over the years, safe is better than sorry. Fortunately, the wad of $1000 in traveler's checks is a thing of the past."
Technical difficulties: "When in Australia, there was a software glitch or a broken cable and U.S. and New Zealand customers could not get to their cash via ATM for two days."
Synchronization: "When 9 hours of time differences exist, the San Francisco bank that is having file maintenance for an hour at 3:00 a.m. is updating the system during lunch in Western Europe."
Local Issues: "When driving into Switzerland, a vignette, or prepaid toll sticker, must be purchased for cash on the spot. No ATM there either."
"Having had cards embargoed because the credit card company got suspicious of misuse, we always call before we leave and alert the credit card company of where we'll be."
"Regardless of where the currency conversion is done with a credit card purchase, at the ATM you know it's being done at the bank rate, which tends to be the best rate available."
"ATM currency conversion is the best thing that's happened to travel since they put wheels on suitcases!"
"In recent months, I've I noticed a new fee on my credit card statement for currency conversion. Apparently some credit cards are now charging or attaching a fee to currency conversion on credit card purchases."
"I landed in Milan at midnight and was starving. By the time I made it to my hotel, I wish I had brought some euros with me as the late night eateries said no to credit and traveler's checks."
Care to add you own comments?
Tom Conway, who embraces the wisdom of his readers, looks forward to your questions, comments and tips.

