travellers' cheques or credit card in Cambodia and Laos?
I'm debating whether to bring all my money in traveller's cheques or whether to rely on my credit card to get money out in Cambodia and Laos. I know that I can use both only in major banks and that I'll probably need to have cash on me for most of the time.
However, can anyone give me some advice of what works better? For traveller's cheques, do the banks usually charge a commission? I think the credit card campanies charge a 'conversion fee' of about 2.75% (well, my bank does).
Thanks for any tips!
Personally, I would only get a cash advance from my credit cards if I had no other option because of the ridiculous fees my cards charge and the fact that interest starts accruing immediately.
Some past discussion. ATM's are pretty non existent in Laos and Cam.
"The difference between loneliness and solitude is your perception of who you are alone with and who made the choice." --anonymous quote
In Laos, the ritziest hotels might be able to do credit card transactions, but I wouldn't bank on it. Travelers' checks were no problem at all in Laos banks.
If I were you, I'd go with travelers checks.
"Qian li zhi xing, shi yu zu xia." - Chinese proverb
And i agree with the advice to get money in as small change as possible, you'll start hoarding those $1 bills fairly quickly!
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