Buying foreign currency

As international travellers, the one thing we all need is foreign currency. Sure, we can use credit cards for most transactions – but having some bank notes for those incidentals is always necessary.

So, where is the best place to purchase foreign currency? Our member AVC asks Our member is a NAB customer, and is concerned that NAB will charge a fee for selling US dollars

Well, it turns out that NAB to indeed charge a fee when selling foreign currency.Long term members of our site will not be surprised to learn that the most cost-effective way of purchasing foreign currency is as an ATM withdrawal using a 28 Degree (or similar) mastercard. Of course, this can only be done when you are physically overseas, so it may be necessary to pre-purchase a small amount of cash before you depart.
Follow the full discussion HERE.