For an upcoming European trip, most times, I'll use my credit card where accepted. Although I would like have some Euros with me prior to the trip, in case some vendors in Europe take only cash options.
What would be the best way to exchange Dollars to Euros? Visit my local bank, visit an exchange currency location at the airport prior to the trip or just visit an ATM and use my debit card once I arrive? Any better options for the best exchange rates?
Fees are much higher overseas at currency exchange centers
If you are a AAA member they are a good source I have found if you want foreign currency before you go. AAA or a credit union if you belong to one.
You might need to make an appt with AAA and order the foreign currency online.
Fees are much higher overseas at currency exchange centers
This - Santander near me actually stocks euros - you can exchange in EU but it’s good to land with some currency already in your pocket
For what little cash you need, hit a bank ATM in the airport when you arrive.
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Easy process
Fees are much higher overseas at currency exchange centers
This - Santander near me actually stocks euros - you can exchange in EU but it’s good to land with some currency already in your pocket
This. However, your bank may need some time to get it.
Its true that you can get a favorable exchange rate using an ATM card to withdraw Euros, but you'll be hosed converting them back to dollars, so be careful there.
I also used an ATM with an account/card that incurred no fees and covered any fees from the other instituion as well.
the only advice I will agree with about not getting cash, is don't get too much and spend all the foreign currency you get unless you plan to go back.
Just to drill down specifically: don’t exchange at airport currency exchange counters. But most major airports have bank ATMs where it’s perfectly fine to make withdrawals from.
Just avoid random ATMs. Check what the names of the major banks are at your destination before your trip. Tourist trap ATMs will hit you with big fees.
You also get the correct conversion rate for the date of your transaction.
I was reading through to see if anyone would post this. This advice should not be overlooked!