Tips to save money in FOREX while Travelling
Let’s put it right in front, international trips are expensive. From flight tickets to food, sometimes the costs are exorbitant for Indian travelers. Moreover, forex rates today are going to be different than tomorrow which again causes uncertainty. So we at Thomas Cook have come up with some tips and suggestions for your trip to be cost effective. Here are some tips from our end to save money in a foreign currency and help you use your finances smartly.
1. Do not exchange forex at the airport!
This is a mistake that even experienced travelers make. Exchanging foreign currency at the airport is costly compared to exchanging it in the city. Hence, exchanging cash in the city is recommended. If you desperately need to exchange the money, only an exchange of a small amount is suggested.
2. Know the place:
Getting to know the place by talking to locals, exploring the area will guide you towards cheap shops to buy and eat food, and the cheapest modes of travel which will definitely help you save money in a foreign currency.
3. Thomas Cook Converter for latest conversion rates:
To know the latest and accurate foreign exchange rate today, use Thomas Cook’s Currency Converter, which is the most reliable source to know rates. It is widely recognized and is used by hundreds of travelers. Wondering what is the forex rate today of different currencies? Check it right away!
4. Find the best place to stay:
Knowing the less expensive and comfortable places to stay can help you save a good number of bucks. It does not necessarily have to be a hotel or resort, one can also stay in hostels and home-stays to cut down expenses. Getting all the info beforehand can be very helpful.
5. Travel Off-Season:
Traveling during the summer break or near Christmas would mean expensive flight tickets and hotel bookings. Make use of off-season travel for discounts and lower prices to save money in a foreign currency. Moreover, it would mean less crowds.
6. Walk WalkWalk!
Taking cabs while traveling within the city can be expensive. Try walking and if the city has a quick rail system, utilize them to save travel costs.
7. Travel Financial Products:
It is prudent to make use of products like travel cards and traveler’s cheques to make management of money easier and smoother. Use of Forex cards makes the currency exchange much easier and affordable as a wide variety of currencies are acceptable worldwide. Traveler’s cheque is another safe way of carrying out transactions.
We at Thomas Cook provide Travel Cards with a promise of delivery within 2 hours. Moreover, we can transfer money to parts of the globe within 6 hours keeping in mind the foreign exchange rate today. We also provide services after banking hours. Find more info: https://www.thomascook.in/foreign-exchange/travel-prepaid-forex-cards
Last words
Managing finances on an International trip may seem hard. However, a lot can be saved when you go with the right information. Keep the money safe and never underestimate the use of Forex cards. Happy traveling!
