I’ll be traveling abroad soon. Can I use my ATM card overseas?

Probably. While there are plenty of ATMs around the world, it’s advisable to check in advance of your trip with your bank or card provider. Using the Visa or MasterCard websites, you can find ATM locations that accept their cards around the world.

With your ATM card, you can often withdraw foreign currencies at a better exchange rate than you would have otherwise, and if you should lose your card or have it stolen, assuming you report the loss in a timely manner, you won’t have the kind of losses you would have had carrying cash. However, your bank may charge you a fee per withdrawal, so it might be a good idea to withdraw somewhat larger sums to limit the total number of transactions during your trip.