Traveler's Checks or Cash in Hong Kong

Old Feb 22nd, 2002, 04:08 PM
  #1  
kimmie
Guest
 
Posts: n/a
Traveler's Checks or Cash in Hong Kong

So, what's the verdict? Should I bring more of the traveler's checks or cash to Hong Kong? If traveler's checks, does it have to be American Express? My bank only offers Visa Traveler's Checks. Will I have any trouble using Visa Traveler's Checks in Hong Kong?
 
Old Feb 22nd, 2002, 07:08 PM
  #2  
Kathie
Guest
 
Posts: n/a
You won't have any problem with Visa travelers checks in Hong Kong. But the least expensive way to get HK$ there is through an ATM machine. If you have an ATM card with one of the international logos on it (typically cirrus or plus) and a 4 digit PIN, you can get cash from an ATM in Hong Kong. There are ATMs at the airport as well as all around the city.
 
Old Feb 23rd, 2002, 05:53 AM
  #3  
kimmie
Guest
 
Posts: n/a
Thanks for the quick repsonse. What about credit card? Will I get the HK$7.80 on one US dollar with all my purchases with a credit card? Is $7.80 pretty much the same exchange rate throughout Hong Kong?
 
Old Feb 23rd, 2002, 03:01 PM
  #4  
Les
Guest
 
Posts: n/a
Kimmie,
Most banks against which the credit card is issued will add a 2% fee on top of the normal 1% conversion cost that VISA and Master Card charge. Some banks won't add this extra 2% (Capital One comes to mind). Check with your bank.
 
Old Feb 23rd, 2002, 04:19 PM
  #5  
Bubsie
Guest
 
Posts: n/a
What about cash? You talk about credit cards and the ATM but what about taking cash? Bubsie
 
Old Feb 23rd, 2002, 06:09 PM
  #6  
Veronica
Guest
 
Posts: n/a
I suggest to withdraw cash from PLUS or CIRRUS ATM. You can find everywhere.
 
Old Apr 28th, 2002, 02:13 PM
  #7  
Ronald Lansdell
Guest
 
Posts: n/a
In addition to the above replies... be sure not to exchange money or travellers' checks at the HK airport. It appears to be a monoploy there, and you get "Cook-ed" with a very bad exchange rate. Take some funds, and do further exchanging downtown.
 
Old Apr 28th, 2002, 02:25 PM
  #8  
McH
Guest
 
Posts: n/a
Kimmie,

In China (major cities) as in the rest of the (more or less developed)world the answer is:

ATM, ATM, ATM all the way
 
Old Apr 28th, 2002, 02:45 PM
  #9  
lee
Guest
 
Posts: n/a
been to HK many times. i stop in airport use atm and use HK cash
 
Related Topics
Thread
Original Poster
Forum
Replies
Last Post
meganstockton96
Asia
6
Feb 1st, 2011 04:35 PM
mike_L
Asia
5
Apr 4th, 2010 04:25 PM
LostinChina
Asia
7
Mar 27th, 2005 06:44 PM
stockexchanger
Asia
7
May 9th, 2004 08:32 PM
Iris
Asia
6
Oct 21st, 2002 07:40 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 - Archive - Advertising - Cookie Policy - Privacy Statement - Do Not Sell My Personal Information


All times are GMT -8. The time now is 07:58 AM.