Few questions regarding travel to the USA & Europe in the second half of 2014 regarding money.
We will be backpacking around both countries for a year are are trying to figure out the best form of money to take for each country. We are trying to hedge against the AUD dropping anymore as have budgeted it being at parity +/- 5% and the Euro being around $0.74.
1. Pre-paid Travel Cards
Are these widely accepted in the USA and Europe when booking hotels,hostels,tickets etc?
We know the exchange rate is poor and there is a risk it could be stolen and used as your name isn't on the card? Are there any with names on the card?
Also the withdrawal fees from ATM's are high but we can accept this if we are able to withdraw amounts greater than $1000 at one time ATM's in the USA and Europe...is that possible? We have heard most ATM's in USA don't allow large amounts to be withdrawn, not sure about Europe...
2. Travellers Cheques
We know this are old fashioned but we like the fact they are insured if stolen and we can take large amounts $10 000+. We know the exchange rate is average again but we would like to know if it's possible to cash travellers cheques overseas at American Express Travel Outlets for free? Are these outlets freely available across the USA and in Europe at all? Otherwise what price would I be looking at to cash travellers cheques?
3. 28 Degrees
We know this would be our first option if we could guarantee that the exchange rate won't keep dropping because of the many fees that aren't included with this card. We used this card for Asia placing cash on it before/as we went and withdraw cash from overseas. Therefore no ATM fees!
The real reason is we have most of the budgeted amount +50 000 AUD currently and want to be able to confirm the exchange rate and get as much as possible for our Australian dollar!
If you have any input or answers it would be greatly appreciated!
Recent ActivityView all Europe activity »
- 1 Itinerary for 5 adults, 3 kids, 2 weeks, & 1 holiday adventure!
- 2 Loire or Provence in January?
- 3 Jamikins and Bikerscott in Andalusia
- 4 Entertaining 17 year-old in Rome
- 5 TRIP REPORT: Paris, Bordeaux, Dordogne, Toulouse, Provence, and more
- 6 Day trip from London in December
- 7 Funniest of Fodor Threads
- 8 No Reservations...our laidback Paris Christmas
- 9 What kind of tea can i choose in afternoon tea in France?
- 10 Restaurants in Rome near Pantheon, Spanish Steps, Trevi Fountain
- 11 Photography gear for Rome and Venice
- 12 Classical or choral or sacred music venues in Rome
- 13 which train from Gatwick? And rental car pickup
- 14 Trip For Physical, Intellectual, Emotional Exercize
- 15 Rome or Venice first
- 16 Supplements in Carry on bag
- 17 Seeking reasonable itinerary
- 18 Lunch near Amboise, Loire Valley
- 19 What experiences were most memorable for your kids?
- 20 Paris Oct 31-Nov 4
- 21 Europe First Timers
- 22 LeHavre to Rennes/St. Malo?
- 23 Place to Eat in Aix-en-Provence
- 24 13 Days with 13-year-olds in Greece
- 25 Iceland photo tour- any tips?