General Tours World Traveler Travel Resources – Currency Exchange Getting the Best Rate

For the best exchange rates, experts recommend using your ATM or debit card at major banks for the best exchange rates. Your US bank may charge extra fees for foreign withdrawals – check before you travel.

Exchange bureaus or hotel front desks are convenient, but may have higher rates and fees than you would find at a bank. Credit card cash advances can be most expensive of all after paying your card’s cash advance fee. Travelers checks offer a secure alternative to cash, but verify their acceptance especially if visiting rural areas.

Credit cards eliminate the need for cash and are generally accepted worldwide; less so in rural areas particularly in Asia. Exchange rates are often favorable, but check for service fees charged by your card issuer.

Rates change frequently – use our FXCheatSheet for today’s rate.

Currency Exchange