How Much Money Should You Travel With?

We were asked, how much cash should I travel with? And honestly we take about $200 with us and then use our credit cards for the rest of our purchases as many places are not "cash friendly" anymore, cards are more welcome in some destinations. But it is always good to have some cash with you just in case, as there are still some places that only take cash. Do your research before you go to know what it is like in the country you are visiting.
Filmed in York, England
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Copyright Mark Wolters 2023

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[spydude]

The only place I've been where having the local currency is necessary was while traveling in Japan. In the larger cities like Tokyo you usually don't have any issue with using a credit card or and IC card. Then again, you still find some small businesses which don't take cards because they don't want to have to pay the fees the credit card companies levy on them to process transactions. Having some Yen in your pocket still works.

[ArtificialBanana]

Fun fact: American Express stopped selling their once famous Travelers Cheques on December 31, 2020.

[Wavyyyy]

Thanks for making it easy and simple. People make 15 minute videos for a 2 minute explanation.

[crazyyoutuberguy]

Depends on the country. In ARG you wanna take cash. It's all 50% OFF if you do.

[monev]

The "not accepting cash" reminds me of Homer getting $700 worth of Itchy and Scratchy "fun money", but once he gets in the park, no stores accept it.

[PlanetaryCitizen]

I take about £200 with me in my pocket whenever I go abroad, or a similar amount in euros, but then there is only myself to think about and I almost always bring cash back with me if I sometimes use my card. I liked what you had to say about having a back-up. You're right, you never know when you might need it! Also, I find it a good idea to always have some small denomination notes to tip cab drivers etc. It would be embarrassing to hand them a big note and ask them to give you some of it back!

[NA]

Totally agree with this. I usually look up what $200 USD converts to on XE and round up, and pull that out of a bank ATM at the airport when i arrive

[damascus]

I spent three weeks in England last October, spending time in London, Liverpool, Manchester, Leeds, and Chester. I did not have any local currency with me at any time. Hotels, restaurants, entertainment, and most importantly transit all took contactless cards. It made traveling much easier.

[lynnstrosnider]

Love your videos! Thanks for all your tips!

[keithrowe]

Thanks for the heads up Mark, advice that will be well heeded going over to the UK this Fall!😎👍🇨🇦

[deliverancetwo]

Thanks for all of these great tips I would definitely keep these in mind.

[SmackMyDerf]

Fully agreed. I travel to London frequently from Malaysia. A lot of the places outright refuse to accept cash these days especially after 2021. Went with 200£, came home with 200£. It's the same with my home country, Malaysia too.

[pansyrosereality]

Thank for the question and Walter thanks for the answer.

[ElaborateTiger]

When I was in London, I didn't take out any cash at all and I barely use cash back home either.

[Speeding]

Solid advice! I follow a similar methodology.

[mattydee]

This Matt also wanted to know this question 😂 Going to London next month 🇬🇧

[brixalpha]

Another tip, make sure to carry more than one card that has money on it. On my honeymoon we cleared out most of our allocated money on one card and my wife lost it on top of a mountain in Austria. We were in the middle of a three week tour and there was no way our credit card company could get us a replacement while we were traveling. Needless to say we literally were on our last bits of cash towards the end of our trip.

[kenbrown]

when we visited the UK, we carried about 20-40 pounds in cash, and used cards for nearly everything.

[shandonsahm]

Cash is freedom n privacy..I like both options though.. let's hope cash always is a option

[ganymedes]

I guess a lot depends on where you're from and where you're going to. I'm from Amsterdam and when I went to Prague a couple of years ago, I just found the cheapest exchange office here and exchanged my 'budget' for the trip into CK's. I had absolutely no problem paying with cash anywhere.
When I went to the US last year, I only took a couple hundred dollars as I knew I could easily pay by credit card at most places.
Interesting fact: most supermarkets in The Netherlands do NOT accept credit cards, only debit cards. I know you've been here and you must have noticed that yourself 😄