Traveling abroad is always an exciting time, but if you’re planning to travel with cash, then you might be putting yourself at higher risk than usual. Depending on where you are traveling to, tourists might be a target for pickpockets or if you’re staying at a hostel or other shared accommodation type, you never know who you are going to be spending time with who might find out about your cash and want to get their hands on it. Thankfully, there are several things that you can do to keep your money safe when you travel.
Do Your Research:
Before you head on your adventure, do your research into the area that you are going to be visiting to find out more about crime rates, particularly the risk of theft from your person. If the area is known for burglaries or pickpockets, you will want to take extra measures to keep your money secure. In addition, if you are planning to meet up with people that you do not know well when you are traveling, you can find out more about them – including whether or not they have any criminal records – using Nuwber to get more peace of mind and feel safer around your travel companions.
Use Your Card:
The good news is that the days of having to convert a wad of cash into the local currency at the airport are now long gone. With the exception of some rural areas around the world, most places will accept your regular debit or credit card. If you’re planning to travel to a city, then you probably won’t need to take any cash at all. If you’re visiting an area where card payments are not yet as widespread, then you should have no problem accessing an ATM where you can get the cash that you need before you set off for the day. It’s a good idea to contact your bank before you go so that they know that the overseas payments are not suspicious.
Use a Travel Card:
If you want to use a card for making payments while traveling but are worried about the risk of taking your main debit card everywhere with you, a travel card is a good alternative. You can purchase them online and load money to them directly from your bank account using your debit card online. They work in the same way to a regular debit card, however, if it is lost or stolen, you’ll still have access to your normal debit card and will be able to access the online account for your travel money card to freeze it and potentially transfer the money back to your bank.
Invest in Anti-Theft Devices:
Anti-theft devices are great for protecting your cash but you can also use them to prevent the theft of your debit card, passport, devices and anything else that you have on you. A money belt is a good investment to make if you must take cash with you on your trip; it’s worn under your clothes and has a compartment to put the cash inside so that it’s impossible to steal from you. Anti-theft bags are also worth looking into; these are designed to be impossible for pickpockets to get into so that you can easily carry your cash and valuables anywhere with you without having to watch your back.