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Thread: Treavellers Cheques

  1. #1
    Florida Newbie
    Join Date
    Jun 2004
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    39

    Treavellers Cheques

    Should I buy T.C. now at current rate as it seems to be falling daily since the Gen. Election or hold off till closer to my departure date 30th June, also has anybody flown Glasgow,Chicago,Orlando route with American Airlines and how they found the airline in general.

    Thanks


  2. #2
    Moderator wilfy's Avatar
    Join Date
    Oct 2003
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    3,942
    How longs a piece of string is the best answer....

    If you are concered then buy now. Our rule of thumb we applied when we bought travellers cheques (we don't bother now) was work out how much we want to buy. Then calculate todays rate and then say a 3 cent plus and minus change. Unless you are wanting to convert lots of money, the difference is normally within 50 dollars.

    Nowaday's we carry $200 in cash, then put the rest on credit card. Putting all bar fast food outings and less than say $10 on plastic. If needed we take extra cash from an atm machine.
    If you search on this forum for nationwide's credit card, you see some good reports re exchange rate when using their credit card.
    Wilf & Sarah




  3. #3
    Gold 5 Star Member
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    Feb 2002
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    23,905
    If we knew the answer to the travellers' cheques question, we'd all be millionaires by now! [msnwink] Why not buy some now and some later on and then you've hedged your bets?

    AA is an OK airline when we've flown from Manchester, Chicago, Orlando and had the largest seat pitch of any airline in economy, although I think they're phasing this out now.
    blott


  4. #4
    Florida Newbie
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    Apr 2005
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    Flew with American last year, London to New York. Was ok, I would certainly fly with them again. Bags of room in steerage as Blott said.
    Flash


  5. #5
    Gold 5 Star Member
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    Jun 2004
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    4,634
    The rates dropped by about 2c since yesterday!

    Where's the $2 mark everyone mentioned weeks ago?
    [msnscared]
    Andrew & Diane Moore


  6. #6
    Florida Newbie
    Join Date
    Apr 2005
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    Got mine from the RBS the other day, got $1.83. Not too bad.
    Flash


  7. #7
    Could be famous last words. But, the US economy is not in the best of condition, so I expect the general rates to remain pretty stable in the 1.85 - 1.9 region. So it is not necessary to panic. I always use credit cards and just carry enought cash for tips etc.
    paul
    http://www.onlinefloridavillas.com/villas/1470.aspx


  8. #8
    Florida Newbie
    Join Date
    Apr 2005
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    36
    I got them cos I like the security of the fact that if they are lost/stolen they will be replaced next day, if I lose my cash or CC's (or as happened to me in Paris a few years ago, the ATM swallowed my card) I will be left with nothing.

    Having said that my new Nationwide CC is on it's way as we speak, as recommended by the members of these forums [8D]
    Flash


  9. #9
    Florida Newbie
    Join Date
    Jun 2004
    Posts
    39
    Thanks for the replies everybody, I decided to go ahead and buy £1000 yesterday evening thru' OnlineFX @ $1.812 as the rate still seems to be falling even today, all I need to do now is apply for the famed Nationwide Credit Card( need to hurry tho' -only have 7 weeks to go)


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