Quantcast

Currency For Travel - WCAX.COM Local Vermont News, Weather and Sports-

Currency For Travel

It’s the one thing nobody travels without. From credit cards to currency, traveler’s checks to ATM’s, we’ve got you covered.

Credit Cards and Debit Cards

Plastic. It’s convenient, fits snugly in your pocket and requires very little effort to use. No quick mental calculations needed to buy a hat in Bombay. Or a hammock in Capri. Just swipe and go.

However, there are slight differences and benefits that go along with using credit cards vs. debit cards. There are some similarities, too.

The Differences

Credit Cards – The main benefit to credit cards? Buy now. Pay later. Plus, when making purchases with a credit card, you’re entitled to numerous rights as a consumer. If there’s a problem, you can cancel payment. Or, if someone steals your card and goes on a shopping spree, you don’t have to pay for their new 12-piece dinette set or their trip to Timbuktu.

Debit Cards – If you’re on a tight budget, you can monitor your spending without carrying cash by using a debit card. Forget combing the streets looking for an ATM machine to get cash, a debit card deducts money directly out of your checking account with the swipe of a card.

* One drawback to the debit card – you typically can’t use it to make a hotel or rental car reservation. You can, however, pay for either one with it.

The Similarities

There are many. First, both can be used to get cash advances at ATM machines around the globe. Of course, you have to have an established PIN, and in most cases, it must be a four-digit number. If you don’t have a four-digit number, contact your bank or credit card company about getting your PIN changed before you go.

Both offer fantastic exchange rates (much better than you can get through a commercial bank). And both provide protection against fraud/unauthorized use. A big plus when traveling abroad.

One note of caution: Credit card interest rates on cash advances are notoriously high. Avoid doing this unless it’s truly an emergency.

The Name Game

The credit cards may not look the same, but they hold the same buying power throughout the world. To clear up any confusion, here are the different card names that mean the same thing in different countries:

MasterCard = Access card in Britain = EuroCard in European countries

Visa = BarclayCard in Britain = ChargeEx card in Canada

The Contacts

If you’ve lost your card during your whirlwind of international travel, here’s who to contact:

American Express Card Services http://home3.americanexpress.com/cards/benefits/default.asp
 
MasterCard Global Service
http://www.mastercard.com/cgi-bin/emergserv.cgi

 Visa: Lost Your Card?
 http://usa.visa.com/personal/secure_with_visa/lost_your_card.html?it=sc_/index.html

Credit Cards > ATMs > Currency/Exchange Rates > Traveler's Checks

  • Local NewsMore>>

  • Burglary suspects caught

    Burglary suspects caught

    Saturday, August 23 2014 12:18 AM EDT2014-08-23 04:18:38 GMT
    Vermont State Police nabbed a pair of suspected burglars and believe they're linked to several other crimes.
    Vermont State Police nabbed a pair of suspected burglars and believe they're linked to several other crimes.
  • Sen. Jim Jeffords laid to rest

    Sen. Jim Jeffords laid to rest

    Friday, August 22 2014 8:12 PM EDT2014-08-23 00:12:17 GMT
    Sen. Jim Jeffords was one of Vermont's beloved public servants, with a career that took him from the hills of Shrewsbury to the U.S. Senate. Friday, in his hometown of Rutland, James Jeffords was laid to rest.
    Sen. Jim Jeffords was one of Vermont's beloved public servants, with a career that took him from the hills of Shrewsbury to the U.S. Senate. Friday, in his hometown of Rutland, James Jeffords was laid to rest.
  • Is it safe to move accused killer Elizabeth Teague?

    Is it safe to move accused killer Elizabeth Teague?

    Friday, August 22 2014 7:09 PM EDT2014-08-22 23:09:17 GMT
    The Vt. Dept. of Mental Health says scarce resources are part of the push to relocate alleged workplace shooter Elizabeth Teague to a facility with fewer regulations. Elizabeth Keatinge was at Friday's hearing.
    The Vt. Dept. of Mental Health says scarce resources are part of the push to relocate alleged workplace shooter Elizabeth Teague to a facility with fewer regulations. Elizabeth Keatinge was at Friday's hearing.
  • Police investigate death of 13-year-old in Hardwick

    Police investigate death of 13-year-old in Hardwick

    Friday, August 22 2014 8:10 PM EDT2014-08-23 00:10:40 GMT
    Investigators say a teen was found dead at a home in Hardwick Friday morning.
    Investigators say a teen was found dead at a home in Hardwick Friday morning.
  • Vt. police say all clear in Newport

    Vt. police say all clear in Newport

    Friday, August 22 2014 11:12 AM EDT2014-08-22 15:12:45 GMT
    Police say the threat is over in Newport. Thursday night, police had asked residents to lock their doors and stay inside while authorities searched for a gunman.
    Police say the threat is over in Newport. Thursday night, police had asked residents to lock their doors and stay inside while authorities searched for a gunman.
  • NY police try to ID pharmacy burglar

    NY police try to ID pharmacy burglar

    Friday, August 22 2014 3:39 PM EDT2014-08-22 19:39:59 GMT
    New York State Police hope the public can help identify a burglar.
    New York State Police hope the public can help identify a burglar.
  • Williston police try to ID paint thief

    Williston police try to ID paint thief

    Friday, August 22 2014 4:11 PM EDT2014-08-22 20:11:41 GMT
    Police are investigating an unusual theft at the Wal-Mart in Williston.
    Police are investigating an unusual theft at the Wal-Mart in Williston.
  • Driver of overweight big rig nabbed in Vermont

    Driver of overweight big rig nabbed in Vermont

    Friday, August 22 2014 8:20 PM EDT2014-08-23 00:20:31 GMT
    The Vermont Department of Motor Vehicles says a trucker carrying part of a giant crane to a state bridge job had too much weight on his rig and too much alcohol in his system.
    The Vermont Department of Motor Vehicles says a trucker carrying part of a giant crane to a state bridge job had too much weight on his rig and too much alcohol in his system.
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and WCAX. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.