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Spending Money Abroad: How To Avoid Getting Ripped Off

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A picture taken on June 2, 2012 shows a partial view of Paris with the Eiffel tower and the buildings of the Beaugrenelle neighbourhood at left.
A picture taken on June 2, 2012 shows a partial view of Paris with the Eiffel tower and the buildings of the Beaugrenelle neighbourhood at left.

Spending money abroad can be like a navigating a minefield of transaction fees and bank surcharges that can burn a hole in your wallet.

Did you know that not all banks charge the same exchange rates? And while a majority of credit cards charge a steep exchange rate, a small percentage of credit cards do not.

Here's a list of Do's and Don'ts for spending money abroad, many of which are are highlighted in a recent study from the credit card comparison site, CardHub.

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Spending Money While Traveling Abroad
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