Ten financial tips of every informed traveller

In most countries where you spend your leisure time and holidays, you can easily get by with a payment card and a small amount of local cash. It is ideal to equip yourself with a credit and debit card before your trip. Credit cards are mainly used where the merchant requires a guarantee or deposit, such as hotels or car rental companies. Debit cards are ideal for cash withdrawals from ATMs or for payments at merchants.

 

Ten financial tips of every informed traveller

Ten financial tips of every informed traveller:

  1. You don't need a large amount of cash. Especially in Europe, you can take advantage of card payments and ATM withdrawals, which give you better rates than at currency exchange offices.
  2. If you do go on a trip with more cash, split it up and carry it on different spots of your body.
  3. Take advantage of the benefits offered by debit and credit cards and keep both with you. For payments requiring a deposit, the merchant will not unnecessarily block your personal funds.
  4. Use your credit card for bookings and payments in shops, and use your debit card to conveniently withdraw funds from ATMs.
  5. If you're not sure as to the location of your ATM withdrawal or the place of your payment, don't take the risk and go elsewhere.
  6. If the ATM does not dispense money when you make a withdrawal, contact the nearest bank branch or local police immediately.
  7. You should immediately report a stolen or lost card, as well as a forgotten PIN, to your bank. For this purpose, there is a free infoline whose number you should keep before your trip.
  8. It is a common mistake to believe that nothing will happen during your trip. Don't forget to take out insurance before you travel and, if necessary, take advantage of the card's insurance benefits.
  9. Subject to a simple condition, UniCredit Bank's U konto offers free withdrawals from ATMs around the world and guarantees the best exchange rate when you pay with your card.
  10. Plan your expenses in advance so you don't have to think about money on holiday and can relax with no worries. And if you plan your holiday in advance, you can keep an eye on the exchange rate and exchange your money when it's convenient.

Do you want free withdrawals from all ATMs at home and abroad? Choose one of our accounts and travel conveniently around the world.