Home Finance Best Ways to Access Your Money on a Trip Overseas

Best Ways to Access Your Money on a Trip Overseas

by Dangula Bingula

So you’re planning a big trip overseas and you are wondering how you can access you money while on vacation. Not a problem. With a little planning ahead, you’ll be able to get the cash you need to enjoy your trip overseas thoroughly. The following are some of the best ways to access your money on a trip overseas.

Cash On Hand

It is always best to have some cash on hand when you were traveling overseas. This helps you to efficiently manage expenses and reduce the number of fees associated with using your ATM and credit cards.


One of the best ways to keep cash on hand while traveling overseas is to order the currency of your travel destination prior to your trip. By doing this, you can get better exchange rates from AUD to INR and avoid the costs associated with exchanging currency upon arriving overseas. For further information on foreign exchange rates, please visit FXCompare.

Ordering foreign currency does require planning. Thus, it is best to contact your bank well in advance of your trip to ensure that you have your desired currency prior to your overseas trip. Once you’ve acquired your currency, take best practices to safeguard your funds to prevent loss and theft. Remember, even if you want to use cash exclusively, it is always best to have an ATM or credit card as a backup.

Pull Out the ATM Cards

In terms of safety and convenience, ATM cards are one of the best ways to access your money on a trip overseas. ATMs are located nearly everywhere, so you always have access to a bank machine to get the cash that you need. According to experts from atmpartmart.com ATMs are the safest way to get your money while traveling.


It is important to know about the fees associated with ATM transaction in other countries. Often times, your bank will charge you a fee for accessing funds via an ATM in another country. To get the most value while using ATM cards overseas, it is best to pull out the maximum amount that you’ll need so that you don’t have to incur repeated ATM fees.

Also, you may want to consider using ATMs that are directly connected to a bank. Doing so provides a certain level of protection and security that is oftentimes lacking with the stand-alone ATMs.

Credit Is Your Friend

Credit cards are another great way to spend money while you are traveling overseas. In the best-case scenario, using a credit card with a zero percent foreign transaction fee is best. This allows you to make purchases without incurring phenomenal foreign transaction fees every time you use your card.


If you are planning on doing a lot of traveling overseas, you may even want to consider a credit card that offers rewards for traveling. Before traveling abroad, reach out to your credit card company to discuss the foreign transaction fees in full so that you can make informed decisions about how to use a credit card while traveling abroad.

Also, it is important to note that some major credit cards are not accepted abroad. Typically, Visa and MasterCard are accepted internationally, while American Express and Discover are accepted far less often.

Please use your credit card wisely. It is best to avoid using your credit card for cash advances as the cash advance fee usually does not warrant the convenience of accessing funds.

Make the most of your trip overseas by learning the best ways to access your money ahead of your trip. By doing so, you’ll have more money to enjoy your trip because you planned smart and avoided excess fees and costs.