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Traveling to South America

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What's the best way to carry $$$?
9 years ago, December 17th 2009 No: 1 Msg: #96576  
N Posts: 4
My wife and I are going to South America for 3+ months. We don't want to carry a bunch of cash so we're trying to figure out what kind of card to use while trying to avoid any card fees. We're traveling on a budget (isn't everyone?) and we don't want to have to pay any high international card fees, or at least keep them to a minimum. Any ideas or experiences? By the way we are traveling with US$ if that matters. Reply to this

9 years ago, December 17th 2009 No: 2 Msg: #96607  
Normal debit cards work in most machines and most countries now prefer local currency ,except Ecuador Reply to this

9 years ago, December 19th 2009 No: 3 Msg: #96809  
the best and most conveniant way is to use your normal debit card and withdraw local currency from atm machines which are widespread. have a stash of USD in cash as an emergency reserve. we travelled there for about the same time as you and took money out perhaps once a week - plan what you are going to spend and withdraw amounts which if stolen/lost won't break the bank - but enough so you don't have to withdraw cash too often.
have fun Reply to this

9 years ago, December 19th 2009 No: 4 Msg: #96824  
N Posts: 4
Thanks for the input guys. Looks like that's what we'll probably end up doing. The problem is everytime we use the ATM with our debir card they charge 1% of the transaction and $5 for each transaction. That's not very much but it could add up in the long run and it'd be nice to avoid the charges if possible. Reply to this

9 years ago, December 29th 2009 No: 5 Msg: #97823  
We used our HSBC debit cards and had no problems with them. we have an HSBC Plus account which meant no fees at all for withdrawals - that saved us an absolute packet.

Oh, and the dollar IS the local currency in Ecuador.
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