Cash vs. cards: Which is best for travel?

The advantages of cash – exchange currency at FOREX

Exchanging cash before departure provides a clear overview of the travel fund. At FOREX, you can easily exchange to almost 80 currencies, often at a better exchange rate than you get at airports and tourist areas abroad.

Security and control
With cash in your pocket, you know exactly how much you have to move around. This reduces the risk of going over your budget and makes it easier to keep track of spending. You also don't have to worry about card payments not working – a common problem in smaller shops, markets or taxis, especially in countries where cash is still the norm and the dominant means of payment.

No unexpected fees
Many cards charge a currency exchange fee when you pay abroad. By exchanging cash in advance, you avoid these hidden costs. What you see is what you pay.

Works everywhere
Most countries are not like Sweden. In some countries, card payment is not a given. Cash is often the only option in holiday and smaller resorts. Especially in local markets, beaches, taxis or in countries where the digital infrastructure is not fully developed. Then it is reassuring to be prepared.

Advantages of cards – FOREX Credit Card without currency surcharge

There's no denying that cards can be very convenient – especially the FOREX Credit Card which has no currency surcharge when buying abroad or withdrawal fees outside the EU/EEA.

Flexibility and accessibility
With a card, you can supplement with cash and do not have to carry large amounts of cash with you every time you leave your accommodation. You can pay directly in hotels, restaurants and larger stores – often contactless and quickly.

Extra security
If the card should disappear, you can block it immediately and get a new one. FOREX Credit Card also offers security insurance when traveling, as well as the opportunity to keep track of all transactions via the app and credit card portal.

No currency markup
With FOREX Credit Card, you avoid the usual currency exchange fee, which can otherwise end up at 1-2% per purchase – something that quickly adds up to a lot during a long trip. If you also need to withdraw more cash on site, FOREX Kreditkort has no withdrawal fees outside the EU/EEA.

Conclusion: The best is a combination – with an emphasis on cash

The most carefree trip is usually achieved by combining both options. Start by exchanging a reasonable amount of cash at FOREX – and you'll always have money on hand as soon as you land. Supplement with a card like FOREX Credit Card for larger payments, unforeseen expenses and no currency surcharge.

By taking both cash and cards with you, you get flexibility, security and control of your travel funds – but it's cash that gives that extra feeling of freedom on the trip.

Frequently asked questions about cash and cards on the trip

Should you exchange money before the trip or withdraw on the spot?
It is usually cheaper and safer to exchange before – especially at FOREX, which offers stores, home delivery, expertise and advice.

Can you use FOREX Credit Card abroad?
Yes, FOREX Credit Cards work great abroad and have no currency exchange surcharges in any country or withdrawal fees outside the EU/EEA – perfect for purchases in stores, hotels or restaurants in countries that accept cards.

How much cash should you take with you on the trip?
It depends on how long you are going to be away and how many you are in the party. We usually recommend customers between 5000 to 9000 SEK to take with them. A good guideline is to have cash for the first 2-3 days and can support you for the rest of your trip – especially if you arrive in the evening or to a place where cards are not as common.