WAYS TO PROTECT YOUR MONEY WHEN TRAVELING

Nothing ruins a getaway faster than getting your identity stolen or losing your cash

By Ashley Chorpenning

AAA World Article

While vacation allows you to rest and relax, it’s crucial to take the appropriate precautions to make sure your vacation goes off without a hitch. Nothing can ruin a getaway faster than getting your identity stolen or losing all your cash. With many thieves targeting tourists, it’s easy to have your belongings stolen in the blink of an eye.  

To protect your money while traveling, here are a few ways to keep your money and belongings safe: 

TELL YOUR BANK YOU’RE TRAVELING
Before you leave on your trip, let your bank know where and what dates you will be traveling. If they know your travel information, they may be more likely to decline attempts at identity theft. For example, if you’re supposed to be in London, but there was a request for an ATM withdraw in Cape Town, your bank will notice the suspicious activity and act accordingly. 

COPY IMPORTANT DOCUMENTS AND CREDIT CARDS
Take copies of your important documents (passport and any visas inside your passport) and credit cards and then email them to yourself. You may also want to hide a copy in your suitcase or other safe location. This way if your documents get taken, you can access your information and pay for travel accommodations in emergencies. 

DON’T CARRY EVERYTHING WITH YOU
While you’re out and about, don’t carry all the cash you brought with you on vacation. Only bring what you absolutely need for spending purposes. This way if you’re mugged, you won’t lose everything you brought with you. You can keep your extra cash hidden in the safe at your hotel or stashed away in your locked suitcase. 

STOW VALUABLES SECURELY
Many hotels and guest suites have safes that are generally pre-secured. If you have a valuable item or a lot of cash, it may be wise to stash it in the safe and not take it with you on your adventures. Be sure to check the safe before you leave the hotel. If you’re in a hurry, it’s easy to forget your treasured possessions. 

BE CAUTIOUS OF ATMS
If you need to withdraw money while on your getaway, try to only use ATMs inside banks. Outside ATMs are known to have skimmers which can record your bank information. 

BRING MULTIPLE CREDIT CARDS
It’s recommended to bring more than one credit card with you on your trip. You will want to store them in separate places, so if one does get stolen you have a backup plan. 

SIGN UP FOR ALERTS
Many credit card companies offer the ability to set up spending notifications. By setting up spending alerts you can take proactive measures to be notified if there are mysterious charges applied to your account.  

WEAR CLOTHING WITH CONCEALED POCKETS  
Wearing clothing with concealed pockets makes you less vulnerable to potential thieves. If they don’t know where your money is located, it may be more of a challenge to steal your credit cards or cash. You can try wearing vests or purchase shirts with pockets inside. 

There are plenty of ways to keep your money and belongs safe on vacation. Taking the proper precautions can help you avoid any mishaps that might ruin your vacation.