Is it better to pay hotel in local currency?

Is it better to pay hotel in local currency? While there are some situations where it may make sense to use DCCs, it's usually better to pay in the local currency – especially if you use a credit card that doesn't charge foreign transaction fees.

Should I convert money before going to Europe?

Resist the urge to buy foreign currency before your trip. Some tourists feel like they just have to have euros or British pounds in their pockets when they step off the airplane, but they pay the price in bad stateside exchange rates. Wait until you arrive to withdraw money.

Do debit cards have international fees?

A foreign transaction fee is a surcharge on credit card purchases made outside of the U.S. They might also apply to purchases made with debit and prepaid cards. Fees can vary, depending on the card issuer, card network and product but typically range from 1% to 3% of the transaction.

How much local currency should I take?

A good rule of thumb, though, is that, on average, you should plan to carry between $50 and $100 per day in the currency of the country in which you're travelling.

Should I carry cash to Europe?

If you prefer dealing in cash, then by all means get some euros out before your trip. But actually, you'll find that debit and credit cards are widely accepted in most European cities. Paying by card can be easier and more convenient, without the potential security risk of carrying cash around you.

How can I pay less for expensive hotels?

Why do hotels charge $100?

A credit card hold is an insurance policy for the hotel. Specifically, the hold covers incidentals such as damage to the room, room service and dips into the minibar. Depending on the hotel, this hold could be a charge for your entire stay or charged each night.

What is the best way to pay for things in Europe?

Should You Use Cash or Credit When Traveling to Europe? Most international travelers will end up using a combination of cash and cards when visiting Europe. While credit cards are accepted in most situations, currency can be more convenient for public transportation and small vendors.

Why don t hotels let you pay in cash?

Hotels prefer that you use a credit card over cash or debit to pay for your room. That's because they want to make sure incidentals and damages are covered by your credit card. They will put a hold on your card for a certain amount, which is typically $50 to $200 per night, depending on the hotel.

Is $100 a day enough for Europe?

Backpackers should expect to spend between $40 – $70 USD/day in Eastern Europe, $70 – $100/day in Western Europe, and $150 – $200/day in the Nordic countries.

How much cash should I bring to Europe?

A good rule of thumb, though, is that, on average, you should plan to carry between $50 and $100 per day in the currency of the country in which you're travelling.

Should I exchange money before I travel?