Most people simply bring their credit cards or debit cards with them. Plastic is more secure than cash, and there’s no need to worry about bringing enough funds.
However, there are drawbacks to using credit cards overseas as well. For example, Americans traveling in countries with the new chip-and-PIN standards for credit cards are increasingly finding that their credit cards are no longer universally accepted.
At the same time, travelers checks are slowly becoming outdated. According to industry experts, not only are travelers checks more cumbersome to deal with, they are also becoming less accepted overseas.
If you prefer leaving your credit cards at home, consider bringing a prepaid travel card instead. Prepaid travel cards can be used anywhere credit or debit cards are accepted, including at ATMs. The money loaded on the card is converted to the local currency with each purchase, using the dominant exchange rate of that day.
Check out the list of best pre-paid credit cards available out there by CreditCardGuide.com.