Credit cards, traveller's checks or cash?

Old Jun 3rd, 2012, 11:20 AM
  #1  
Original Poster
 
Join Date: Jul 2004
Posts: 6
Likes: 0
Received 0 Likes on 0 Posts
Credit cards, traveller's checks or cash?

What fees should I anticipate if using traveller's checks? Any advice on which way to pay?
JanM is offline  
Old Jun 3rd, 2012, 12:39 PM
  #2  
 
Join Date: Jun 2004
Posts: 396
Likes: 0
Received 0 Likes on 0 Posts
Don't even consider Traveller's Checks. They are "yesterday's news".
Cash is King in Egypt but credit cards, whenever possible, are recommended.
Have a wonderful and safe trip.
JerryS is offline  
Old Jun 3rd, 2012, 03:07 PM
  #3  
 
Join Date: Apr 2005
Posts: 5,215
Likes: 0
Received 0 Likes on 0 Posts
Didn't know travellers checks still existed. Last time I used them 25 years ago (Europe) the only place that would accept them was the Am Exp office. Not all that convenient and they added a fee to cash their own checks!!!

Just curious, when was the last time you used them?

regards - tom
cary999 is offline  
Old Jun 4th, 2012, 12:34 AM
  #4  
 
Join Date: Sep 2004
Posts: 1,601
Likes: 0
Received 0 Likes on 0 Posts
IF you bring TC's to Egypt, banks will cash them as long as you have your passport there for I.D. Some banks will also require that you show them the receipt, which of course AMEX recommends NEVER carrying with the TC's - so yes, it is more difficult to use them in Egypt, but not impossible.
There are a couple AMEX offices here that will cash AMEX TC's for you in either EGP or USD for no additional fee. If you have a TC worth $100, you will get $100 for it. Really.

No other business is going to accept them though.
ATM's are plentiful and the choice for cash of most tourists these days I think.
Casual_Cairo is offline  
Old Jun 5th, 2012, 04:37 AM
  #5  
 
Join Date: Oct 2009
Posts: 3,908
Likes: 0
Received 0 Likes on 0 Posts
In a trip to Egypt in Sept 2010 there were signs in one or two of the 5 star hotels I stayed in that said traveller's cheques not accepted. I took $1000 USD and cashed it at different hotels into local currency. Some didn't want to change too much but most were happy to change something every day. The Mena House Oberoi in particular, was excellent as they very happy to cash a couple of hundred at a time and would give you tons of 1 coins and small notes for toilet visits!

I would take a number of different ATM cards. My husband and I carried a number of different ATM and credit cards but in the end only one of ours would work (unfortunately it was mine so I had to use all mine! lol). I was reluctant to log on to a bank website on the hotel computer to transfer some money to an available ATM account but I borrowed our guides laptop and felt safer doing that.

The ATM's dispense, from memory, up to $3000 LE at a time. A decent amount.
MissGreen is offline  
Old Jul 10th, 2012, 03:26 PM
  #6  
 
Join Date: Jul 2012
Posts: 2
Likes: 0
Received 0 Likes on 0 Posts
Cash, we carried 400 $1.00 bills and used them all in the 10 days we were there!!
klaidman is offline  
Related Topics
Thread
Original Poster
Forum
Replies
Last Post
mbw220
South America
5
Mar 18th, 2017 01:09 PM
AshleysTravels
Travel Tips & Trip Ideas
35
May 6th, 2016 12:11 AM
MissGreen
Africa & the Middle East
13
Oct 26th, 2009 08:24 AM
LIJIAN FANG
Africa & the Middle East
4
Sep 22nd, 2005 07:03 PM
Shonda
Mexico & Central America
25
May 20th, 2004 07:32 PM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are On


Thread Tools
Search this Thread

Contact Us - Manage Preferences - Archive - Advertising - Cookie Policy - Privacy Statement - Do Not Sell or Share My Personal Information -