We're confident that everything will be fine during your trip, but it's a good idea to prepare for the unexpected. It's always a good idea to take out travel insurance for the whole family, and to check whether your existing credit or debit card includes such cover. Usually, premium/gold cards come with quite substantial travel insurance.
Cash
Exchange some money into the currency of the country you are travelling in, as you may need it immediately after arrival, for example for taxis. There may also be situations during your stay where you cannot pay by credit card, even in small restaurants or markets. You will be able to withdraw money from local ATMs to cover such expenses. It is worth checking in advance what charges your bank will apply and whether there will be any extra charges for withdrawing money in the country of destination.
Currency conversion in advance
When planning your trip, you already know roughly how much you can expect to spend. It's a good idea to check the current exchange rates well in advance and, when it's convenient, to change money online at your bank or a currency exchange. Many banks offer a free foreign currency account, so if you are travelling to a euro zone, for example, you can use your euro account to save for your expenses. You can also deposit the amount you have cashed in at the exchange office, so you don't have too much cash when you travel.
Credit card
Many banks allow you to use the debit card for your main current account to pay for your foreign currency account. If your card does not have this facility, you may want to apply for a separate debit card for your foreign currency account, especially if you travel frequently. It is also important to check the type of card you have, as not all types of cards are accepted abroad.
More detailed advice on using a foreign bank card will follow in a separate blog post....
In the meantime, feel free to contact my financial expert cooperation partner:
https://www.premiumingatlanok.com/en/partnereim/gesler-katalin
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