The
best is a subjective question and depends on a number of circumstances.
If you are going to living abroad and will have the need to make several transactions, you should take a look at
http://www.xe.com/fx/
If you are just on vacation buying hotels, food, ect, a 1-2% difference probably doesn't really make it worth thinking about.
Originally Posted by
SFflyer123
In the old days (10-15 years ago), using your credit card for everything was the move. They had the best exchange rate and no fees. Then, the credit card companies caught on.
Then, about 5-10 years ago, the best exchange rate was ATM card. They had the best exchange rate with no fees. Then, they caught on.
It almost seems like a wash--Cambio stations vs credit card vs ATM now. It seems like either way, we get doublely screwed: first with the bad exchange rate, then with the fees. Does anybody know which is the best way to change money in a foreign country now?