Nikolas Langes thought he knew every trick in the book for saving money on airline tickets. After all, he’s the founder of an online start-up called Tripdelta, which specializes in finding inexpensive fares.
“When is a travel ‘hack’ wrong?”
Processing a credit card charge for overseas purchases used to be pretty simple. You swiped your card while on vacation, your bank changed the money from pesos or euros into greenbacks, and the amount you’d spent appeared on your bill. Maybe you paid a small conversion fee, but you also got a competitive exchange rate.
Not anymore. Just ask Jae Cuadra, who recently tried to buy a round-trip train ticket between the Swiss cities of Interlaken and Lauterbrunnen. The purchase, at a train station in Interlaken, went on his Capital One Visa card, which doesn’t charge to convert foreign currencies. But “for the first time, I was offered a choice,” says Cuadra, a registered nurse from Westbury, N.Y. “Did I want to pay in dollars or Swiss francs?”
“The dangers of dynamic currency conversion”
As Jay Berman and his wife were checking out of the Henley House in London last month, a clerk asked if they wanted to pay their bill in dollars. It seemed like a good idea at the time, because they’d avoid Bank of America’s three percent foreign transaction fee.
Or so they thought.
“Exchange rate rip-offs, and how to avoid them”
If you’re looking for a little adventure this summer — a strike, a riot or maybe even a revolution — skip the Middle East and visit Europe.
Traditionally quiet and predictable Western Europe, a magnet for many American tourists, hasn’t seen this much political and economic uncertainty in a while. As reports of economic bailouts, work stoppages, unrest in the streets and fluctuating currencies find their way back to the States, travelers wonder whether it’s safe.
I do. I’m headed to Europe twice with my family: on a Mediterranean cruise in July and a tour of Italy in early September. While none of the experts I spoke with advised me to cancel, they did caution me to monitor the situation carefully.
“Headed to Europe this summer? It could be a riot”