Ah, one of the age old questions when it comes to traveling; a quandary as perplexing as the chicken or the egg… okay, maybe not age old, but certainly an issue worth addressing.
To be fair, and to be honest, there is not one right answer to this question. Traveling with cash boasts advantages and disadvantages, depending upon where you are. When traveling internationally, we have all been warned to keep personal belongings protected and in the line of sight. While this warning should truly be heeded anywhere, traveling with cash will serve you well in many foreign countries. For example, in many parts of Africa local currency is the monetary measure that will reward you with the most lucrative deals.
However, traveling with credit cards in your possession is generally always a smart idea. Unfortunately, you could become one of the unlucky souls that is blindly robbed of all of your cash. When I was abroad in Paris, I sadly encountered such an experience in an Internet café. I never even realized that anything had been snatched from directly beneath my nose until a couple of hours later… so much for booking that trip to Italy! Yet, I was saved by the backup credit cards that I had brought along with me until I could re-establish the source of my cash flow.
Filling out credit card applications can help you to determine which card may most optimally benefit your traveling needs. As there are a variety of credit card options available today, including those boasting low APR, rewards, and balance transfers, it can be difficult to decide which card will be most suitable for your unique situation. Allow yourself the opportunity of traveling affordably and of benefitting from your adventures by taking the time to fill out a credit card application.