10 Verified Reasons to Carry Cash for International Trips

Traveling internationally is an adventure filled with new experiences and unforgettable moments. However, there’s one essential travel tip that often gets overlooked, and that's carrying cash.

In this blog, we’ll uncover 10 verified reasons why having cash on hand can be your secret weapon for a hassle-free and enjoyable trip. From dodging hidden fees to being prepared for unexpected situations, discover how a little cash can make a big difference on your next journey abroad.

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1. Restaurant & Hotel Tipping

Having cash on hand when traveling abroad is crucial for several reasons. Many waiters, hotel workers, and other service staff prefer cash tips, which can significantly enhance your travel experience by showing appreciation for their assistance.

It’s important to research the tipping customs of your destination, as some cultures may view tipping as rude or unnecessary. Being informed ensures you show respect and gratitude appropriately while enjoying a smooth and hassle-free trip.

2. Street Vendors/Cafes

Many small businesses like street vendors and cafes only accept cash, making it crucial for purchasing local delicacies and unique souvenirs. Additionally, in the event of power outages or technical issues, cash ensures you can still make transactions without hassle.

 

3. Public Restrooms

Paying a small fee to use facilities at train stations or public areas is common in several European countries, including Germany, France, and the Netherlands. Even in cities like London and Paris, you will encounter pay-to-use restrooms.

Being prepared with cash ensures you won’t be caught off guard when nature calls, allowing you to to explore without unnecessary stress comfortably.

4. Taxi Rides

Cash on hand is vital for taxi rides, especially in areas where rideshare services like Uber and Lyft (or Bolt which is common in Europe) are unavailable. In many countries, traditional taxis are the primary mode of transportation, and drivers often prefer or even require cash payments.

This is common in cities like Tokyo, Bangkok, and many parts of Eastern Europe. Being prepared with cash ensures you can easily hail a cab and reach your destination without any payment issues, making your travel experience smoother and more convenient.

5. Tour Excursion Guides

Many guides prefer or require cash payments. This is especially true in remote or rural areas where card payments might not be feasible.

Cash allows you to easily pay for the tour and tip your guide, showing appreciation for their knowledge and effort in making your experience memorable. Additionally, having cash ensures you can cover any unexpected expenses that might arise during the excursion, such as entrance fees or local purchases.

6. Prepare for Emergencies

Having cash on hand can be a lifesaver in situations where cards are not accepted or accessible. For instance, during power outages, ATMs and card readers may be down, making cash the only viable option.

In medical emergencies, especially in remote areas, cash can be crucial for paying for immediate care or medication. If you lose your wallet or your cards are stolen, having a stash of money ensures you can still cover essential expenses like food, transportation, and accommodation until you resolve the issue.

Being prepared with cash provides peace of mind and ensures you’re ready for any unexpected situations that may arise during your travels.

7. Score Shopping Deals

Like to score a good deal? It's a game-changer when you have cash on hand. Many small vendors, markets, and local shops prefer cash transactions and may even offer discounts for cash payments to avoid card processing fees. This is especially true in places like street markets, flea markets, and artisan shops where bargaining is common.

Additionally, having cash allows you to take advantage of spontaneous deals or limited-time offers that might not be available if you rely solely on cards. Being prepared with cash ensures you can seize these opportunities and get the best value for your money.

8. Avoid ATM Fees

When you withdraw money from an ATM in a foreign country, you might incur multiple charges (including fees from both your home bank and the local bank), on top of the exchange rates.

By carrying cash before you travel, you can exchange a larger amount at once, get more foreign currency for your US dollar, and avoid these increase costs. This way, you can maximize your travel budget and avoid unnecessary expenses.

9. Upcharge for Using US Dollars

Some vendors and businesses may accept US dollars in highly visited tourist areas, but watch as they do so at a less favorable exchange rate. By using the local currency, you can avoid these hidden costs and ensure you’re paying the fair market price.

This not only helps you save money but also makes transactions smoother and more straightforward, allowing you to enjoy your travels without worrying about extra charges.
 

10. Budget Control

Having cash on hand can be a great way to help you budget your money and get more value out of your trip. By setting aside a specific amount of cash for daily expenses, you can better control your spending and avoid the temptation to overspend with credit or debit cards.

Also buying foreign currency before your trip and adding Currency Price Protection to your transaction helps travelers save money and get more U.S. dollars than the standard buyback rate. 

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