Exchange in US or wait til in Europe? - TravelPUNK Backpacker College Student Budget Travel Message Boards!



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Travel Budget, Money Matters, Financial Talk Mom, can I borrow ten grand?! Gimme yo mastercard! How the heck can I pay for my trip?! Ideas for making money. How much dough do I need?

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Old 07-21-2006, 01:00 PM   #1
AndyMcK
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Well, it looks like I'll be taking cash to Europe. I've asked various banks about "reloadable visa gift cards" and they look at me like I'm on crack and everyone's saying trav checks suck. So looks like ATM's and other options are not gonna happen for me.
So, where do I get the best exchange rates for dollars into euros?
I already bought some euros in the states. They charged me $1.33 for each euro even though the official exchange is $1.25 for a euro. They said they're only making 4% when it looks like more like 8%. But they gave me some crap about how no one actually gets the official exchange rate, blah blah, more stuff I couldn't understand, etc... They said every place else will charge me even more, airports are the worst, yadayada. Were they bullshitting me or not?
Should i get the rest of my euros here in the US or would I save money by waiting to exchange them when I get to Europe? Are there parts of Europe where it's cheaper to exchange dollars or is it the same everywhere?
Any advice will help.
thanx
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