5 ways to avoid currency exchange fees

You can avoid currency exchange fees by using a variety of methods. Some methods to avoid currency exchange fees include using a credit card that doesn’t charge foreign transaction fees, using a travel-specific credit card, using a no-fee ATM card, getting cash before you leave, and using a multi-currency cash passport. Some methods are more effective than others.

Doesn’t charge foreign transaction fees:

If you use a credit card that doesn’t charge foreign transaction fees, you can avoid currency exchange fees. There are a few credit cards that don’t charge these fees. You can use these cards to make purchases in foreign countries without having to pay the currency exchange fee.

 Use a debit card:

Just like credit cards, there are also some debit cards that don’t charge foreign transaction fees. You can use these cards to make purchases in foreign countries and avoid the currency exchange fee.

Use a prepaid travel card:

Prepaid travel cards are a great way to avoid currency exchange fees. With a prepaid travel card, you can load it with the currency of the country you’re visiting. When you make a purchase, the funds are deducted from the card. There are no 꽁머니   currency exchange fees with a prepaid travel card.

 Use a bank account:

Some banks don’t charge foreign transaction fees. If you have a bank account with one of these banks, you can use it to make purchases in foreign countries and avoid the currency exchange fee.

Conclusion:

 You can use a credit card that doesn’t charge foreign transaction fees, use a debit card that doesn’t charge foreign transaction fees, use a prepaid travel card, or use a bank account that doesn’t charge foreign transaction fees.