mnc@admin.u.nu (Miguel Cruz) wrote
> Advantage of ATM cards:
> 1 - Cheapest for you.
> 2 - Most convenient.
> 3 - Easiest to locate.
> 4 - Open 24 hours.
>
> Advantage of credit cards:
> 1 - You pay high cash advance fees. Knowing that will help you hold back on
> your spending.
>
> Advantages of travelers checks:
> 1 - You always get bad exchange rates, and sometimes have to pay commissions
> too. Knowing that will help you hold back on your spending.
Typically, ATM charges have a big overhead for the withdrawel,
regardless of the size of it. (Sometimes about 4 pounds/7 dollars).
So you ought to pull out a big whack of cash, when you do.
Doing so may help promote spending, too..
(A combination is best: credit cards[1] whereever they are accepted
for purchases or services, and blocks of cash from ATM to cover
whatever else.)
[1] Watch debit card charges abroad; they can be huge.
--
Ken Tough |