Save Money Exchanging Currency

Exchanging money when you travel abroad has the potential to be expensive because of hidden fees. Save money by doing the following: 1. Use your bank ATM card overseas at a partner bank that won’t charge a transaction fee. Find out what financial institutions your bank partners with before leaving home. Ask if your bank is part of the Global ATM Alliance. 2. Use credit cards that have low or no transaction fees. Chase (chase.com) and Capital One (capitalone.com) both have favorable cards available for frequent travelers.