Which is the easiest to use? Which gives the best exchange rate? How much is an exchange transaction?
2006-12-27 02:18:48 · 11 answers · asked by forensics_girl78 2 in Travel ➔ Africa & Middle East ➔ Egypt
My friend works at the Embassy in Cairo. He says:
1. Never bring cash. Ever.
2. Cash Advance is the easiest and most reliable, particularly if you have Visa or Mastercard.
3. Debit is least costly in many cases, but not all banks in Cairo will support a debit card.
4. Traveler's checks are always reliable, but there is a fee, and some vendors are shunning these over Mastercard/Visa since the paper variety takes longer to actually get the real money back.
2006-12-27 02:22:50 · answer #1 · answered by jedi_n_dc 2 · 0⤊ 0⤋
My husband and I travel a lot. My advice is to bring only enough cash for miscellaneous out of pocket expenses, like tips and taxi fare. Otherwise, try to use credit cards as much as possible. Each credit card company charges about 1-3% service fee for international purchases. If the credit card is issued by a bank like Chase, the bank will usually charge another 1%. The best thing to do is call up and inform the credit card company that you intend to use the credit card in Egypt and also ask what the service charge will be. The reason why I like to use the credit card instead of the debit card is that if anything goes wrong, I can report it to the credit card company and get issued a temporary credit right away. If someone steals your debit card, it's nearly impossible to get the charges reversed and get your money back fast. Also, if anything breaks or is otherwise faulty you can also report it and get a refund.
2006-12-27 06:31:08 · answer #2 · answered by Anonymous · 0⤊ 0⤋
I think cash is easiest...forget travellers checks and if you have a Capital One card they don't charge you an exchange rate fee. I used it and a visa with no problems. I hestitate using a debit card just in case there is a problem that arises. The bank in the hotel I stayed at Semiramus, was open 24 hours so it is no problem to change cash and most everyone took American money or wanted British Pounds as far as street vendors went.
2006-12-27 04:12:10 · answer #3 · answered by traveler 2 · 0⤊ 0⤋
When in Egypt it is better to bring cash.Credit cards,debit cards etc. are only used in big upmarket stores.It is better carry cash.
In fact it s better to carry cash whenever you are visiting any of the developing African or Asian countries,because people here are not adept to carrying plastic money.
2006-12-27 02:25:03 · answer #4 · answered by shruti v 2 · 0⤊ 0⤋
Im thinking Cash, you can haggle ove rthe exchange rate with some of them!
2006-12-27 02:20:55 · answer #5 · answered by Apricot 2 · 0⤊ 1⤋
u must know dat cash goes well everywhere an d u shud always insist on cash cause it hasn't any installment systewm and it is usable everywhere even in low grade shops so cash is the best
2006-12-27 02:23:07 · answer #6 · answered by simran k 1 · 0⤊ 1⤋
Cash. I'm an egyptoligist, and they use cash all the time. They also use objects to trade.
2006-12-27 02:47:09 · answer #7 · answered by GROOVY LILY 3 · 0⤊ 0⤋
Exchange your rubles for sistersies. The natives will love you, and laugh behind your back.
2006-12-27 02:21:33 · answer #8 · answered by Dorothy and Toto 5 · 0⤊ 0⤋
credit cards/debit cards for best rates
Good Luck!!!
2006-12-27 02:21:19 · answer #9 · answered by Anonymous · 0⤊ 0⤋
cash.
2006-12-27 02:20:34 · answer #10 · answered by Zee 3 · 0⤊ 1⤋