Best Ways To Get FOREIGN CASH Abroad | Avoid Hidden Fees & Save Money!
Foreign cash can be expensive and difficult to acquire without paying expensive hidden fees. In this video I’ll share with you how best to get foreign cash, and the hidden fees to watch out for when exchanging currency.
Get the Wise Multi-Currency Card 👉 bit.ly/3ObW7oX
Get the Starling Bank card 👉 bit.ly/3Ehgwog
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Chapters:
0:00 Intro
0:38 Option 1 - Banks, Credit Unions & Bureau de Change
1:54 Option 2 - Withdrawing Foreign Currency at an ATM
3:20 Monito Travel Tip 1
4:14 Great Travel Cards - Charles Schwab
4:43 Virgin M Plus Account
4:51 Starling Bank
5:07 Wise Multi-Currency Account
5:30 Monito Travel Tip 2
5:51 Summary
Пікірлер: 15
This is helpful
@Monitodotcom
2 жыл бұрын
Good to know William! Cheers ^Jonny
Are using currency exchange providers like revolut better than opening a US credit card with no foreign transaction fee like capital one venture card? I want to know which one is better to avoid paying extra fees!
@luxsuxx4167
Жыл бұрын
Both. You can witbdraw cash with a credit card but you pay a fee. Its called a cash advance. Dont do it its expensive. Get a credit card with no foreign fees AND find a way to obtain cash like revolut or monzo
Chase is also good option with free atm withdrawal and Mastercard exchange rate.
@Monitodotcom
2 жыл бұрын
Hey Md! Chase is a great option and you get the benefits of cashback. ^Jonny
@trexpanda
Жыл бұрын
Is that with credit/debit or both?
Can I bring a lot of cash and exchange it in their local currency? If you can, Is that recommended or not?
@Monitodotcom
Жыл бұрын
It would depend on how much. For example, the UK has a limit of £10,000. Also, most bureau de change or physical locations that offer currency conversion do not give very good rates. I would recommend checking www.monito.com - and seeing which provider can give you the best deal and doing it before you travel. Thanks ^Jonny
@luxsuxx4167
Жыл бұрын
If you get robbed or lose it youre screwed
Why do people from the UK have options for free cash withdrawals but not us europeans? Is there no better option? Wise doesn't come close 😅
@Monitodotcom
Жыл бұрын
I know it’s really frustrating and doesn’t make sense! n26 on their more expensive plans (You & Metal), do provide free withdrawals. Where are you based? ^Jonny
@unknownmovement
Жыл бұрын
@@Monitodotcom I'm based in the Netherlands. Im going to be moving to Australia and spending a good time traveling in asia on and off while there for the next 3 years. Currently with bunq but their free plan is ending in a year or so... I'll not use the card in Aussie though but a local one so a monthly payed plan would probably end up costing me more. Was thinking for travel my best bet might be to get multiple cards and spend their free limit cash withdrawals each month until moving to the next one. What would you reccomend?