AAII - West Suburban Sub-Group in Naperville, IL . . . Newsletter & Information Blog

Friday, August 31, 2007

Getting Your Dollar's Worth

With today's weak dollar, you need all the help you can get when you travel abroad. Your best bet is to use a credit card or debit card for your purchases, because you'll get the best exchange rate available.

Capital One and Discover Card have no exchange fees. The next best tactic is to get cash from an ATM, especially from machines that are affiliated with your bank.

Traveler's checks and prepaid cards not only charge much higher exchange fees, they may not be accepted at many merchants.

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