WalletFriend Wisdom Tip #19: Things To Do When You’re Traveling

Alert your Bank

Before leaving, tell your bank and credit card companies about your travel plans. This will keep them from freezing your cards when they notice “unusual” spending. Also, if your cards are lost or stolen, the reporting process may be quicker with a travel alert on your card.

Assess Your Wallet Contents

List the contents of your wallet before leaving for your trip. Don’t write down your credit card number, just the 800-numbers of your banks and institutions. Keep this info somewhere secure and accessible. If your wallet is stolen, refer to this list. It will keep you from having to hunt for numbers and remember what was in your wallet.

Keep Copies of Personal Documents Handy

Before traveling, make physical copies of your driver’s license or passport. Recommends making three copies of the front and back of your government-issued ID. Leave one copy at home, give one to a friend, and bring one with you secured in your suitcase or hotel safe.

Pare Down Your Wallet

Travel with a light wallet. Bring only what you’ll use, and leave other cards and information you don’t need at home.

Use a Credit Card with No Fees

If your wallet is stolen, your cash is gone. But charges made to your card can be reversed when you report the theft. Pick a card that doesn’t charge foreign transaction fees and includes fraud protection.

Avoid Overseas ATMs

While overseas, you’ll probably have to take out cash at some point. But limit your use of ATMs not just because of the fees, but also because ATMs can be risky. Bankrate points out that some thieves set up phony ATMs in touristy areas. If you have to use one, try to do it in a bank, hotel or airport. You can also check Visa and MasterCard’s websites for a list of legit ATMs.

Stash Cash & Cards Strategically

Money pouches or belts can be worn inside your pants to stash money securely. But that awkward money bulge can also make you stand out as a tourist.

Source by: twocents.lifehacker.com