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Prepaid foreign currency cards/Travellers Cheques
Theo84
Posts: 5 Forumite
Hello,
Can anyone please advise me whether it's worth me getting a prepaid foreign currency cash card for use in China? From what I can see their preferrential rates seem only to benefit those whom require Sterling, Euros or US Dollars.
I bank with Nat West, there are multitudinous warnings about using their debit cards overseas because of their high fees. I might add that I only intend on using any such card for making withdrawls from cashpoints. Using my debit card for withdrawls is very tempting because it would be extremely easy. Is it really that expensive?
I'm also considering buying travellers' cheques. Is this a viable option, and if I were to choose TCs would I be better off buying them in Sterling or Chinese Yuan.
Any advice would be gratefuly received.
Can anyone please advise me whether it's worth me getting a prepaid foreign currency cash card for use in China? From what I can see their preferrential rates seem only to benefit those whom require Sterling, Euros or US Dollars.
I bank with Nat West, there are multitudinous warnings about using their debit cards overseas because of their high fees. I might add that I only intend on using any such card for making withdrawls from cashpoints. Using my debit card for withdrawls is very tempting because it would be extremely easy. Is it really that expensive?
I'm also considering buying travellers' cheques. Is this a viable option, and if I were to choose TCs would I be better off buying them in Sterling or Chinese Yuan.
Any advice would be gratefuly received.
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