Saturday, December 20, 2008

Credit Cards & Money

If you plan to use credit cards in Jamaica, it may be worthwhile to call your cc company and let them know you'll be traveling abroad. Otherwise, they may lock your account thinking someone's fraudulently using your card. Keeping the numbers of your customer service handy while in Jamaica may be a good idea as well should your cards become lost or stolen. You may also wish to understand your card's policy on foreign transactions and what the associated fees for exchanging currency are (if any). I remember a day when they would just give you the current exchange rate without fees...

As for cash, it's difficult to say whether having cash in US $ or Jamaican $ is best. From what I've been able to research, most places will accept US $ but may only give change in Jamaican $ (and probably not at the best exchange rate). Of course, the standard rules for traveling apply: Don't carry tons of cash on your person (or leave it unsecured in your resort).

Traveler's checks are great as long as you can find a place to deposit them (certainly something to investigate before traveling). I've spent many an hour walking with friends who need to find an establishment that would cash them.

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