As you prepare for your exciting trip, understanding the local currency and payment methods can significantly enhance your travel experience. Here’s a deeper dive into why carrying cash is crucial in in most all inclusive resort destinations and what you need to know about credit card usage:
Why Carry Cash?
Convenience: Many smaller vendors, local markets, and even some taxis do not accept credit cards. Having cash on hand is essential for smooth transactions.
Avoiding Fees: Credit card transactions abroad can incur additional fees. Using cash helps avoid these charges, making it cost-effective.
Emergency Preparedness: In case of network issues or power outages, which can be occasional in remote areas, cash is a reliable backup.
Navigating Credit Card Usage:
Limited Acceptance: While major hotels, restaurants, and larger shops will accept credit cards, smaller businesses may not. Visa and Mastercard are more widely accepted compared to American Express.
Notify Your Bank: Before departure, inform your bank of your travel plans to avoid any potential blocks on your card due to foreign transactions.
Check for International Fees: Ensure you understand the fees associated with using your credit card abroad, including conversion fees and international transaction fees.
Cash Tips:
Currency Exchange: It’s often more advantageous to exchange some money into the local currency upon arrival at official exchange venues or banks in your destination.
How Much to Carry: We recommend carrying approximately $100-$200 in cash, in smaller denominations, to cover tips, small purchases, and transportation.
Safety with Cash and Cards:
Use a Money Belt or Secure Pouch: Keep your cash and cards close to your body in a secure and discreet manner.
Use Hotel Safes: Store excess cash and valuables in your hotel safe when not needed.
Withdrawal Safety: Use ATMs in secure locations, preferably during daylight hours, and be aware of your surroundings. Pro Tip: Most ATMs in other countries will only dispense the local currency instead of U.S. Currency so be careful.
Understanding and preparing for your money management needs ensures a stress-free and enjoyable vacation.
I know you are looking forward to seeing everything your dream getaway has to offer!
Peace and Love,
DreamPort Team