The questions seem never to end: Where to exchange money, what about travellers’ checks, what kind of credit card do you need, and which card will be accepted. In the end, it is all pretty simple, even though a couple of points should be noted.
Right from the start: There is no need to exchange anything before you get to New Zealand. Most banks do not stock currencies any more, and in any case you will be hit by a number of premiums: The cost of storing the bank notes, the buying strategy of the bank, the cost of securely delivering them to you. And be wary of any “refund” promises: No bank is giving anything away. It’s probably better to spend all the cash you can rather than hope for a good or better exchange rate after your trip. Read more…
