Originally Posted by Scandalous
I tend to believe that in this day and age, travelers cheques are a relic of a bygone era. Damn near anyplace you go these days you can either use an ATM card or a credit card and in the places where they don't have ATM's and don't accept credit cards, it is unlikely your travelers cheques are going to do you much good either.
Just my opinion.
Amen. If you really feel the need to carry a cash alternative, try a prepaid Visa Travelcard. You can load up as much as you want, and they are more easily canceled and refunded if lost or stolen. Also much better exchange rate than travelers cheques. As for myself, I usually stash a couple of $100s and $20s for emergency exchange. US currency is still the easiest to exchange particularly in 3rd world countries though that may change if the $ keeps falling.
