Cash, Traveler’s Check or Card? Secure Your Money When Traveling in Asia

 

 

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RHB Bank and UOB Bank Currency Exchange At Changi Singapore Airport

 

Not only to travel in Asia, but also to any international destinations, you may wonder how you can secure your money while traveling in Asia?

“Cash, Traveler’s Check or Card?” is always the question when you think about securing your money while you are traveling in Asia.

In general, in most of the countries, it is pretty safe to travel.  But if you are not that lucky, you may be a victim of crime in overseas.

So the question is always, “cash traveler’s check or card?”  Which method is the best way to secure your money?

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Money exchange in Fascinating Kuta Bali, Indonesia.

 

CASH, TRAVELER’S CHECK OR CARD?

Which one is the best one to secure your money during your trip to Asia?

 

I,who is writing this article do not really know which is the best way to secure your money.  Cash, Traveler’s Check or Card?

So I decided to have comparison among cash, traveler’s check or card, and I picked up the pros and cons of Cash, Traveler’s Check and Card.

So Let’s have a comparison among Cash, Traveler’s Check and Card.

 

 

CASH

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Example of Japanese Yen

I believe, cash is the worst method among cash traveler’s check and card, to secure your travel money.

Among cash, traveler’s check and card, cash is the only thing that does not chose who they belong to.

If your source of money is only cash when traveling in Asia, you may be in a big trouble.

Just because that reason alone, I would not recommend you to bring all the cash when traveling to Asia.

 

 

Still you wanna carry your cash? There is  a way to bring your cash or even traveler’s check and card on you.

May backpackers bring passport neck pouch to secure their cash, traveler’s check or card, even their passport.

Usually, you can keep several of cards and passport together.  For some Japanese backpackers, this is a necessity.

I do not really like to carry travel neck puoch because it is not fashionable, and sometimes it is obvious that  you are carrying something important.  So it may attract a crime.  But many people told me it is useful.

So what if you lost your money and you do not have no cash, traveler’s check or card on you at all?

If you are U. S. citizen, go to nearest Embassy of the United States or Consulate of the United State.

FIND A NEAREST U.S. EMBASSY HERE!

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They will not lend you money, but instead, they may arrange your return flight to the U. S. and keep you safe within their premise.

They will also issue a one time only passport for you to back to the U.S.

Will you get mad that you cannot continue traveling? Remember,  without money, traveler’s check or card, it is impossible to continue your journey.  Your SAFETY is most important when in Asia, or in overseas.

Here is a GUIDE FOR INTERNATIONAL TRAVELERS by U.S. Department of State.

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 ALSO, HERE IS THE LINK TO SAFETY BY YOUR DESTINATION by U.S. Department of State.

 

 

 

TRAVELER’S CHECK

I have an impression that the many banks and currency exchange places in Asia and the rest of the world stopped accepting Traveler’s checks.

Among cash, traveler’s check and card, traveler’s check is pretty safe way to secure your money while traveling in Asia and the rest of the world.

In U. S., you can go to your local back you have your account with, or at nearest American Express office to purchase traveler’s check.

I believe, in U. K. and throughout Europe, Thomas Cook Travelers Check is very popular.

Good thing about traveler’s check is that even if you loose it,  the issuing company, they can reissue your traveler’s check.

For example if your travelers check is American Express traveler’s check, you can visit or call your nearest American Express  Traveler’s Check office to report the loss and reissue your traveler’s checks so that you can keep on traveling.

Even you need to pay about 2 % of the fee to purchase traveler’s chekcs, among cash, travelers check and card, this is the distinct part about traveler’s checks.

AMEX

American Express Currency Exchange Counter at Birmingham Airport, U. K. 

 

The can about traveler’s check is that, in order for you to check your traveler’s check, you need to bring your passport with you.  Basically, they take any IDs good on international levels, but most of all the time, unfortunately passport is the only good ID when you are in Asia, and in overseas.

 

 

CREDIT CARD

Finally, it is time for CREDIT CARDS.  Among cash, traveler’s check and card, CREDIT CARD seems to be the most popular ways to being your travel money on you while you are traveling in Asia or the rest of the world.

Surprisingly, you can find ATM anywhere you go in Asia, and mos of all the time, you can withdraw your money on ATM suscessfully.

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ATM machine in Yangon Myanmar

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ATM Machine in Tokyo, Narita Airport

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ATM machines in Jakarta

You can also bring your prepaid card or Bank  Debit Card with Master or Visa logo on it, and you can use it at ATM machine in your destination.

I know that American Express has debit card, as well and I can be used in Asia and overseas, as well.

You can also make a travel debit cards.

Travelex is famous for currency exchange, but they also have travel money  or card called Cash Passport.

This card is not available in the U. S.. but in countries,such as, U. K., Japan, Australia and Canada, you can make Cash Passport, load your money on your card, and use it as credit card and debt card.

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Bank of America Travel Rewards Card with chip  and pin (see above the card number starting with 4000)

I noticed that in South East Asian Countries, such as, Singapore and Malaysia, if you want to withdraw your money on ATM machine, your card need to have a chip and pin on it.

 

So what if your card does not have “chip and pin?”

Don’t worry, you can always do CASH ADVANCE at any bank that deal with Visa, Master or American Express.

Overall, I would say CARD is the best way to secure your travel money among cash, traveler’s check and card.

So, cash traveler’s check or card, which ever your travel money method is, enjoy your trip and Bon Voyage!

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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One thought on “Cash, Traveler’s Check or Card? Secure Your Money When Traveling in Asia

  1. Pingback: Cash, Traveler’s Check or Card? Secure Your Money When Traveling in Asia | musawatanabe

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