When abroad is it better to pay in sterling?


When abroad is it better to pay in sterling? You'll sometimes be given this option when taking cash from an overseas ATM too. Now, although you may think it is convenient to pay in pounds because you'll know how much will be taken from your account straight away, don't do it – ALWAYS PAY IN THE LOCAL CURRENCY.


Is it cheaper to use debit or credit card in Europe?

Credit card transaction fees are typically higher than debit cards. Shops may charge a fee, and banks may charge a conversion fee for the payment. If the merchant hasn't displayed fee notices, travelers should inquire with the staff. Credit cards may be subject to ghost charges or temporary holds.


Should I exchange money before I travel to Europe?

Visa and Mastercard are widely accepted in most European cities. American Express is too, but perhaps less widely. Paying by card can be easier and more convenient. You don't need to worry about changing money at a foreign exchange counter, or worry about security when carrying cash around with you.


What is the best way to pay when traveling in Europe?

While credit cards are accepted in most situations, currency can be more convenient for public transportation and small vendors. It's also wise to carry an emergency fund with enough cash for a few days, just in case your card gets lost or stolen.


Is it best to take euros or pay by card?

While credit cards are accepted in most situations, currency can be more convenient for public transportation and small vendors. It's also wise to carry an emergency fund with enough cash for a few days, just in case your card gets lost or stolen.


Should I exchange money before I travel?

Buy currency before you travel.
Doing so gives you time to shop around for the best rate. Plus, when you arrive, you won't have to immediately find a bank or currency exchange. Do some research ahead of time to see if US dollars are widely accepted at places you plan to go to.