Archive for Category: "Money, Currency & Credit"
Travel Detective Blog: Understanding the Big Mac Index
Exchange rates only tell you so much. Understanding the cost of basic goods and services in a country goes a long way toward creating an accurate travel budget. One of the tools Peter uses to do that is The Economist’s Big Mac Index. Read his latest blog to see why he uses it as a [...]
Ask Peter: Exchanging Currency and Credit Card Miles
If you’re heading out of the country for spring break, pay attention to your wallet. Conversion rates with the euros may be in your favor, but watch out for foreign transaction fees. This week Peter offers advice on exchanging money and earning frequent-flier miles with a credit card. Have another travel problem? Peter will answer [...]
Travel Tip: Airline and Cruise Hidden Fees
The department of transportation recently implemented some new rules to protect us. As of late January, airlines are required to disclose all mandatory taxes and fees when advertising an airfare. In the old days, airlines could just advertise a fare, that means we jump on what we thought was a low rate, enter all of [...]
Video Travel Tip: Currency Exchange
Whether you’re dealing with dinars, pesos, euros or dollars, handling money while abroad can be a challenge, especially when it comes to exchanging one currency for another. Peter Greenberg Worldwide Travel Correspondent Jordan Whitley shares some of the best ways to exchange your cash while traveling internationally and tells us ways to avoid sky-high conversion [...]
Travel Tip: Fine Print On Rewards Cards
Did you know that 52 percent of air miles are actually earned…on the ground? I’m talking about credit card rewards. But here’s what you need to know before you sign up. Rewards cards come in a lot of shapes and sizes: There are branded cards that accrue miles on specific airlines, like the Delta Skymiles [...]
Money Abroad: Credit Cards, Travelers’ Checks And More
From credit cards to ATMS to antiquated travelers checks, there are many options for spending your money abroad. Travelers need to be wary that many banks and credit card companies do tack on hidden fees. Peter and assistant travel editor of the Los Angeles Times, Jane Engle share their favorite ways to save when spending [...]
Travel Tip: Hotel Credit-Card Fraud
Credit-card fraud is hardly a new phenomenon, but you might be surprised to learn 38 percent of credit-card hacking cases involved the hotel industry. Here’s how you can protect yourself…. That fact is, many hotels haven’t—and won’t—spent the money necessary to upgrade their computer systems to protect against hackers. So when they swipe your credit [...]
Preventing Hotel Credit Card Fraud
How secure is your credit card when you check into a hotel? Not very. Studies have shown that hackers steal data from hotels and the hospitality industry more than any other sector. Peter chatted with Joe Sharkey of The New York Times about his recent experiences with credit card fraud and how travelers can protect [...]
