TEMPO.CO, Jakarta - One of the things that needs to be prepared when traveling abroad is the financial aspect. Some people do not prepare cash and rely on debit or credit cards. However, according to the latest survey, traveling abroad without cash could lead to increased expenditure.
A survey conducted by Opinium and Be Clever With Your Cash found that traveling abroad without cash is more expensive for some tourists. This is because they may have to pay additional fees if they suddenly need cash.
Amelia Murray, a financial expert at Be Clever With Your Cash, stated that many people assume that having a fee-free card is sufficient. "but that can be a false economy if you end up using an ATM abroad that charges or get stung by poor exchange rates," she said as quoted from Express UK.
Unexpected Expenditure
The survey was conducted on 2,000 people in the UK who have travelled abroad to study what British citizens do when they need to withdraw cash while on vacation. Around 39 percent of respondents encountered unexpected situations while abroad that required cash. The most common expenditures include tips, taxi fares, and shopping at local or independent retailers.
In addition, traveling to remote areas of some countries may pose additional problems, as those areas tend not to accept cards. Respondents who had to make emergency cash withdrawals at ATMs on their last trip abroad were charged ATM fees. The same goes for exchanging cash at currency exchange places in the airport; they may receive worse offers.
Tips Before Traveling Abroad
Murray added that traveling abroad does not necessarily require bringing a lot of cash. But it is best to prepare cash when card transactions are not possible. She suggested bringing a small amount of local currency. Tourists can use it for tipping, using public transportation, or in situations where cards are not accepted.
Before traveling, it's advisable to look up information about foreign transaction fees for credit or debit cards and exchange rates. This includes verifying the extent of your travel insurance coverage in case you lose or have your cash stolen while abroad.
Editor's Choice: Legoland Shanghai, the Largest in the World, Officially Opens
Click here to get the latest news updates from Tempo on Google News
10 Best Islands in Asia to Visit: Bali, Koh Samui, and More
2 hari lalu
Some of the best islands in Asia offer a magical getaway, featuring stunning sea views, rich cultural experiences, and a wide array of adventure.
Mount Rinjani Cable Car Project Officially Canceled
2 hari lalu
Construction of the cable car project at Mount Rinjani was marked by the laying of the first stone in 2022.
Tourists in Thailand Now Need Prescription to Purchase Marijuana
3 hari lalu
Although Thailand decriminalized recreational marijuana use in 2022, there was initially no clear regulatory framework.
Europe's Heatwave: A Traveler's Guide to Staying Safe and Cool
3 hari lalu
Several European countries have experienced heatwaves over the past week, including Italy, Spain, France, and Portugal.
New Flight Route Launches Between Lombok and Labuan Bajo
3 hari lalu
Flight route Lombok-Labuan Bajo operates three times a week on Tuesdays, Thursdays, and Saturdays.
6 Airports That Won Awards for Their Breathtaking Designs
4 hari lalu
Each airport stands out for its distinctive design, blending passenger comfort with sustainability and local character.
Susi Air Begins Direct Flights from Yogyakarta to Bandung and Karimunjawa
5 hari lalu
Susi Air has launched operations at Adisutjipto Airport in Yogyakarta, introducing two new flight routes.
8 Smallest Islands in the World for Peaceful Retreats
5 hari lalu
If the need for solace calls, these few thousand square feet destinations known as the smallest islands in the world should be at the top dial.
Understanding Extreme Tourism: What Does It Mean?
6 hari lalu
Extreme tourism is a type of travel that involves physical challenges or high risks at the destination location or in the activities involved.
7 Smart Tips for Choosing the Perfect Hotel for Your Vacation
6 hari lalu
Selecting accommodation or hotels is crucial in determining the atmosphere of your vacation. Comfort, convenience, and cost of the hotel need to be balanced.
