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What Is a Traveler’s Check?

How It Works
Where to Get Traveler's Checks
Where to Cash Traveler's Checks
Pros and Cons
Alternatives to Traveler's Checks

The Bottom Line

Personal Finance

Traveler's Check: What It Is, How It's Used, Where to Buy

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia.

Investopedia / Eliana Rodgers

A traveler’s check (sometimes spelled "cheque") is a once-popular but now largely outmoded medium of exchange utilized as an alternative to hard currency and intended to aid tourists. The product is typically used by people on vacation in foreign countries. It offers a safe way to travel overseas without the risks associated with losing cash. The issuing party, usually a bank, provides security against lost or stolen checks.

Traveler’s checks have increasingly been supplanted by credit cards and prepaid debit cards.

Key Takeaways

Traveler’s checks are a form of payment issued by financial institutions.
These paper cheques are generally used by people when traveling to foreign countries.
They are purchased for set amounts and can be used to buy goods or services or be exchanged for cash.
If your traveler's check is lost or stolen it can readily be replaced.
Once widely used, traveler’s checks have largely been supplanted today by prepaid debit cards and credit cards.

How Traveler’s Checks Work

A traveler’s check is for a prepaid fixed amount and operates like cash, so a purchaser can use it to buy goods or services when traveling. A customer can also exchange a traveler’s check for cash. Major financial service institutions issue traveler’s checks, and banks and credit unions sell them, though their ranks have significantly dwindled today.

A traveler’s check is similar to a regular check because it has a unique check number or serial number. When a customer reports a check stolen or lost, the issuing company cancels that check and provides a new one.

They come in several fixed denominations in a variety of currencies, making them a safeguard in countries with fluctuating exchange rates , and they do not have an expiration date. They are not linked to a customer’s bank account or line of credit and do not contain personally identifiable information, therefore eliminating the risk of identity theft. They operate via a dual signature system. You sign them when you purchase them, and then you sign them again when you cash them, which is designed to prevent anyone other than the purchaser from using them.

Many banks, hotels, and retailers used to accept them as cash, although some banks charged fees to cash them. However, with the rising worldwide use of credit cards and prepaid debit cards—such as the Visa TravelMoney card, which offers zero liability for its unauthorized use—it is getting much harder to find institutions that will cash traveler’s checks.

History of Traveler’s Checks

James C. Fargo, the president of the American Express Company, was a wealthy, well-known American who was unable to get checks cashed during a trip to Europe. In 1891, a company employee, Marcellus F. Berry, believed that the solution for taking money overseas required a check with the signature of the bearer and devised a product for it. American Express and Visa still use the British spelling on their products.

Where to Get Traveler's Checks

Companies that still issue traveler's checks today include Visa and AAA . They often come with a purchase fee. AAA now offers members pre-paid international Visa cards instead of paper checks.

In the U.S., they are available primarily from American Express locations. You can also buy traveler's checks online from the American Express website, but you need to be registered with an account. Visa offers traveler's checks at Citibank locations nationwide, as well as at several other banks.

American Express, Visa, and AAA are among the companies that still issue traveler’s checks.

Where to Cash Traveler's Checks

If you want to convert your traveler's checks into cash (instead of spending them directly), you can often deposit them normally at your bank. Many hotel or resort lobbies will also provide this service to guests at no charge. American Express also provides a service to redeem traveler's checks that they issue online to be deposited into your bank account.

Advantages and Disadvantages of Traveler's Checks

Traveler's checks are handy for tourists who do not want to risk losing their cash or having it stolen while abroad. Because traveler's checks can be reported lost or stolen and the funds replaced, they provide peace of mind. This was particularly a concern before credit cards and ATMs were widespread and affordable worldwide for most travelers. At the same time, these paper checks are now a bit outdated and come with a fee to purchase, making them potentially more expensive and cumbersome than using plastic or electronic payments.

Replaced if lost or stolen

Widely accepted around the world

Convenient to use

They don't expire

Must have the physical check to use it

Incurs a fee to purchase

Limited number of issuers today

Alternatives to Traveler's Checks

The most obvious alternative is to use a credit or debit card issued by a bank that works worldwide and charges low or no foreign exchange fees on purchases or ATM withdrawals. If your bank doesn't allow for this or charges high fees, then prepaid travel cards are the modern version of traveler’s checks. They allow you to get local currency from ATMs and make purchases with merchants—effectively eliminating the need for traveler’s checks.

Prepaid cards are not linked to your bank account, which prevents anybody from draining your checking account if the card gets lost or stolen—and you can’t go into debt. Credit cards offer similar (or better) protection, but you might not want to use your everyday card abroad. By using a dedicated travel card, you avoid spreading your card numbers around, which means you can be less vigilant about monitoring your accounts when you get back home. Visa and MasterCard both offer prepaid cards designed for use abroad. Those cards are available online, through travel agents, and at banks or credit unions.

Travel cards should feature low ATM fees, technology that lets you operate like a local in foreign countries, emergency cash when you lose the card, and “zero liability” fraud protection. That said, prepaid cards can be expensive, so you need to compare fees against your other cards to decide whether or not a travel card makes sense.

For U.S. citizens living abroad for extended periods, maintaining checking and other bank accounts in the United States provides several advantages, and many checking accounts are friendly for foreign transactions .

Where Do You Buy Traveler's Checks?

You can buy still buy traveler's checks from Visa and a handful of other financial institutions. To buy them, visit a location or check the website of an issuing institution. You may need a photo ID in order to set up an account.

How Do You Cash Traveler's Checks?

Some hotels, resorts, and currency traders will cash traveler's checks in exchange for local currency. However, with the rising prevalence of credit and debit cards fewer locations cash traveler's checks.

What Do You Do With Traveler's Checks?

Traveler's checks are a secure way of carrying money while abroad. Many businesses in the tourism industry will cash traveler's checks, and they can also be deposited into a bank account. Because the checks can be easily replaced, they have a lower risk of theft or loss. However, traveler's checks have fallen out of favor due to the increased convenience of credit cards and prepaid debit cards.

Traveler's checks were once a popular way to carry money while vacationing abroad. They are sold in fixed denominations, and can be used for purchases or cashed like an ordinary check. Traveler's checks can be easily replaced, making them less risky than carrying large amounts of cash. However, they have fallen out of favor due to the convenience of using credit or debit cards.

Sparks, Evan. “ Nine Young Bankers Who Changed America: Marcellus Flemming Berry .” ABA Banking Journal, June 26, 2017.

Time Magazine. " Travel (April, 1956): The Host with the Most ."

American Express. " Travelers Cheques ."

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A Guide to Travellers Cheques

Once a foreign currency staple, this form of prepaid funds has existed for hundreds of years, designed as a way to allow payment from one person to another across currencies. As the financial services sector continues to shift to online solutions , we look at how, where and why travellers cheques are used, as we discuss the relevance of this form of currency.

What are travellers cheques?

The history of the travellers cheque spans as far back as 1772 when the first of its kind was issued by the London Credit Exchange Company, in the UK. Over the coming centuries the concept became popularised on a global scale, with major banks and financial institutions adopting this form of travel money in the 20th century. American Express became the largest issuer of travellers cheques and continues to offer these services to customers to this day.

A safe and convenient method of payment for anyone travelling to foreign territories, these pre-printed cheques hold a fixed amount which can be used worldwide across a range of currencies. Designed to facilitate payments from one person to another, using different currencies, travellers cheques were initially seen as a more practical way for individuals to carry their spending money.

Travellers cheques had their heyday in the late 20th century, reaching peak popularity in the mid-90s, before alternatives such as credit and debit cards became more widely available and easier to manage financial transactions. It was reported in 2018 that a mere 1.5% of Britons use travellers cheques, a rapid decrease over the course of two decades.

How do you use travellers cheques?

When you first receive your travellers cheques, you will be required to sign each one before use, as a way of verifying your signature. Each cheque will have a fixed value (usually $20, $50, $100, $500 etc.) as well as a unique serial number which can typically be found in the top right corner.

It is important to take note of these serial numbers as they will be referenced in any case of lost or stolen cheques. Unlike cash, if anything happens to your travellers cheques, the original vendor will be able to issue a refund for the exact same value. This added level of security is why this payment method was seen as revolutionary when first introduced.

As well as signing upon receipt, you will also need to sign each travellers cheque when used by a retailer or exchanged for cash. The act of signing your name as a form of security is somewhat outdated, given the modern technologies in place nowadays.

When accepted by retailers, a travellers cheque will be treated like local currency, which means you should receive any change in the standard, local currency.

Where can I get travellers cheques?

Due to dwindling demand, travellers cheques are not as readily available as they once were. However, they can still be acquired from some banks and financial institutions, post offices and currency exchange offices, like Travelex.

One thing to note is you may be required to settle the handling, commission or cash-in fees that often accompany travellers cheques, and these can be expensive, amounting to 2 - 3% in some cases. This cost is another reason they are no longer as frequently used.

Where can I use travellers cheques?

Generally, travellers cheques are still accepted all over the world, albeit harder to find vendors selling them and retailers accepting them as legal tender. Consider your destination before deciding on this form of travel money: if you are travelling to major cities there is more chance of you finding somewhere to cash your cheques or use them for in-store purchases. However, more remote destinations may not be equipped or able to accept this type of funds.

How safe are travellers cheques?

The original blueprint for travellers cheques was a paper payment method which could be used as foreign currency but was more secure than handling cash. At the height of its popularity, travellers cheques were generally considered much safer than cash due to the added security of their unique serial numbers, meaning customers could cancel and replace cheques if need be. These numerical codes were a money-back guarantee for anyone whose cheques were misplaced, destroyed or stolen. Another added benefit, if your travellers cheques are intercepted, you will not be vulnerable to bank fraud, as they are in no way connected to your bank account, unlike credit or debit cards.

Financial security measures have evolved greatly since the inception of travellers cheques, however, with the introduction of PIN codes, two-factor authentication, fingerprint touch ID and facial recognition, to name a few forms of fintech security commonly available now. With this in mind, the concept of a travellers cheque no longer measures up in terms of fraud protection and data encryption.

Travellers cheque vs. Cashiers cheque: What is the difference?

In terms of appearance, a travellers cheque looks nearly identical to a standard issue cashier's cheque: but are they similar in any other ways?

A cashiers cheque is issued by a bank or financial institution and is designed to be processed quickly, by the individual whose name is printed on the cheque. Conversely, a travellers cheque is for use overseas, is loaded with prepaid foreign currency - usually USD or GBP - and does not have a name or account number printed on it, although it does require a signature. Because travellers cheques do not have any bank details printed on them, they are deemed safer than cashiers cheques in terms of potential for fraudulent use. In addition to this, they are paid for when printed, meaning it is not possible for a travellers cheque to bounce.

What are the alternatives?

Credit or debit cards.

If you are worried about travellers cheques not being widely accepted where you are going, then this form of travel money will offer more flexibility. Using your regular bank cards overseas provides a record of spending and offers maximum convenience, but there are also some frequently flagged concerns. Primarily these concerns focus on the sky-high fees and below-average exchange rates related to using your debit or credit card abroad. This isn’t always the case, however, as many banks and financial institutions offer travel credit cards, tailored to suit the needs of frequent flyers.

Travel money cards

Prepaid travel money cards are the modern equivalent to travellers cheques and have become very popular. This is largely due to the fact that they are totally separate from your regular bank account, allowing users to spend their balance freely without the worry of potential fraud or overspending. Preloaded with funds, travel money cards often help limit additional currency exchange charges. In addition to this, in spite of fluctuating currency rates, these cards let customers lock-in a favourable exchange rate ahead of time.

International bank accounts

If you are headed overseas for a sustained period of time, it could be more convenient and cost-effective to open a bank account in your destination country. You would be subject to the relevant security and eligibility checks but this decision pays off if you are making regular international money transfers or being paid in a different currency by foreign clients. Find out more about this option by reading our guide: How to Open a Bank Account Overseas.

Due to the growing alternative digital payment methods available nowadays, it seems this age-old travel money no longer measures up in terms of accessibility, cost and convenience. When travellers cheques were originally launched, ATM withdrawals were not commonplace for travellers, and digital point of sale systems had not been invented. Nowadays, it is easy to access local currency using an assortment of different payment methods such as debit or credit cards, travel money cards or money transfer apps .

The best option for anyone who is reluctant to use their debit or credit card overseas, would be to use a prepaid travel money card. Prepaid travel money cards are a safer and more widely used alternative to travellers cheques, and customers do not need to seek out a bank to use them, are not required to sign for each transaction and security measures in place are far more advanced. This method enables customers to secure multiple foreign currencies, locking in the optimum exchange rate for your currency pairing ahead of your trip abroad. Use our comparison tool to ensure you receive the most competitive exchange rates for your international money needs.

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All about traveler’s checks, plus modern alternatives

January 18, 2024 | 1 min video

Getting ready to travel? One thing to think about is how you’ll make purchases while you’re away. Traveler’s checks aren’t as common as they used to be. So you might want to consider modern alternatives that may offer the advantages of traveler’s checks and more.

Read on to learn more about the ins and outs of traveler’s checks. And find out about other options—for example, credit cards, prepaid cards and mobile wallets—that could help make the most of your trip.

Key takeaways

Traveler’s checks are paper documents that can be exchanged for local currency or used to buy goods and services abroad.
Traveler’s checks feature unique serial numbers, making them replaceable if they’re lost or stolen.
Fees may apply when purchasing and exchanging traveler’s checks.
There are modern alternatives to traveler’s checks that you may find more convenient.

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What is a traveler’s check.

A traveler’s check is a paper document you can use for making purchases when you’re traveling, typically in other countries. It can be used as cash or a regular check.

Traveler’s checks—you may also see them referred to as “cheques”—are generally printed with a unique serial number. This means you may be able to get a refund if your checks are lost or stolen. The checks are usually available in set denominations—$20 and $50, for example.

How do traveler’s checks work?

Traveler’s checks may be accepted at participating merchants like hotels, restaurants and stores. Just keep in mind that there could be fewer participating merchants than there used to be.

When you purchase your checks, you may notice that they have a space for two signatures:

First signature: You might be asked to sign each of your traveler’s checks when you buy them. If not, you may want to sign them as soon as possible.
Second signature: You’ll usually sign your traveler’s checks again when you’re making purchases.

This dual signature method is meant to provide extra security and ensure that only the purchaser is able to use them. The merchant can verify that the second signature matches the first.

How to cash in traveler’s checks

You can use traveler’s checks like cash to pay for goods and services at participating merchants. You’ll typically sign the check in front of the merchant at the time of the purchase.

While traveling, you may also be able to redeem your traveler’s checks for local currency at financial institutions or your hotel.

Potential fees associated with traveler’s checks

It’s possible that certain fees may apply to traveler’s checks. For example, you may need to pay a fee when you purchase them or when you exchange them for currency once you get to your destination. There might also be a fee for depositing unused checks into your bank account.

Where to get traveler’s checks

While traveler’s checks might be harder to find than they used to be, they’re still available. You may be able to purchase them at some banks, credit unions and travel-related service organizations.

Pros and cons of traveler’s checks

Take a look at some of the potential pros and cons of traveler’s checks:

When to use a traveler’s check

You might consider using traveler’s checks in certain situations, including:

When you don’t have a credit or debit card. Some people may prefer to travel using modern payment options like credit and debit cards. But if you don’t have either, you may find traveler’s checks to be an acceptable alternative.
When you can’t access an ATM. If you find yourself in a place that doesn’t have an ATM on every corner, you can instead use your checks at merchants that accept them.
When you want to exchange them for local currency. When you get to where you’re going, you might want to have some local currency on hand. You may be able to exchange your traveler’s checks for currency at certain banks or other financial institutions.

Modern alternatives to traveler’s checks

There are a number of alternatives to traveler’s checks—options you may find faster, easier and more convenient. Here are a few to consider when you’re comparing your choices:

Credit cards

Carrying a credit card may be easier than carrying traveler’s checks. Plus, credit cards can be helpful for making large and online travel purchases like plane tickets and hotel reservations. That’s especially true with travel credit cards , which you could use to earn rewards on travel-related purchases.

Some credit cards may also come with benefits that could be useful while traveling. They might include things like protection from unauthorized charges and the ability to use a mobile app to track your purchases .

Keep in mind that foreign transaction fees may come into play when you use your credit card overseas. While this fee might vary between credit card companies, it could generally be in the range of 1%-3% of your purchase. You may also be charged a currency conversion fee. This fee is often part of a foreign transaction fee.

Some companies don’t charge foreign transaction fees. For example, none of Capital One’s U.S.-issued credit cards charge this fee. View important rates and disclosures .

If you’re traveling with your credit card, your credit card issuer may want to be alerted before you go. That’s because it might flag your purchases as fraudulent if it notices purchases made in an unfamiliar location. Thanks to the added security of its chip cards, Capital One doesn’t require this notification.

See if you’re pre-approved

Debit cards.

When you’re traveling, a debit card can be just as easy to carry around as a credit card. And like a credit card, it can help protect against fraud.

The big difference: A credit card lets you “borrow” money for purchases, while a debit card uses the money in your checking account to make purchases.

It may be helpful to carry a debit card when you’re visiting a country that generally favors cash transactions. In that case, you could use your debit card at an ATM to get cash once you’ve reached your destination. And that may be safer than bringing cash with you and exchanging it for local currency once you’ve arrived.

Keep in mind that you could be charged ATM fees when you use a debit card abroad. According to the Consumer Financial Protection Bureau (CFPB), some banks and credit unions don’t charge customers a fee for using their ATMs. But they might charge you if you’re not a customer—and that could be in addition to a fee charged by the operator of the ATM.

Also, be mindful that some banks may charge a foreign transaction fee when you make purchases abroad with a debit card. You may also be charged a currency conversion fee—often, this fee is folded into the foreign transaction fee.

Some banks, though, don’t charge foreign transaction fees. For example, Capital One doesn’t charge this fee for its 360 Checking account .

If you take a debit card on your travels, your bank may ask you to notify it beforehand. That’s because it could notice transactions made in an unfamiliar location and potentially freeze your account. Capital One doesn’t require this notification , thanks to the added security of your chip card.

Prepaid cards

Like credit cards and debit cards, prepaid cards may be easier to carry around than cash. They may also offer some protection against loss, theft or fraud once you register them.

But with a prepaid card, you don’t “borrow” money like you do with a credit card—or use money from your checking account, like with a debit card. Instead, you typically add money to a prepaid card before using it.

According to the CFPB, there are a few ways you can add funds to a prepaid card. For example, you can transfer money from your checking account or load funds at some retailers or financial institutions.

You might be charged one or more fees for using a prepaid card. The CFPB notes that if you get your prepaid card from a retailer, you should find a summary of fees on the card’s packaging. If you get your card from a different provider—online or over the phone, for example—the provider needs to share this information on paper or electronically.

Mobile wallet

You’ll probably have your phone with you when you’re traveling, right? Using a mobile wallet to make purchases is another modern alternative to traveler’s checks.

A mobile wallet is essentially a digital version of your real wallet. Depending on the wallet, you may be able to store things like credit cards, debit cards, prepaid cards, boarding passes, hotel reservations, event tickets and other types of personal data.

Mobile wallets can be convenient, allowing you to make quick and easy payments using your phone or other mobile device when you’re on the go. And they typically use advanced technology that prevents your actual account numbers from being stored in the wallet.

There are lots of mobile wallets to choose from. Researching your options could help you see which will work best while you’re traveling. Keep in mind, some merchants might not take mobile wallet payments.

Traveler’s checks in a nutshell

Traveler’s checks can be a helpful way to pay for things abroad, but there are also more modern options available today, like credit cards, debit cards, prepaid cards and mobile wallets. And with a travel credit card, you could earn rewards on your travel-related purchases.

Ready to upgrade the way you pay before your next trip? Compare Capital One travel credit cards today to find the best option for you, no matter where you’re headed.

What are travel credit cards and how do they work?

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Should you send a credit card travel notice?

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What you should know about foreign transaction fees

Traveler’s checks: What are they, and are they still used?

Traveler’s checks still exist, but there are plenty of other options while traveling..

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Maybe you were told to consider traveler’s checks when planning a vacation overseas. But the truth is that traveler’s checks are largely a thing of the past, and you probably won’t need them overseas if you have a debit or credit card that can be used internationally.

What are traveler’s checks?

Traveler’s checks are a form of payment you can use while traveling to foreign countries. They’re like a personal check that’s in the local currency of the country you’re traveling to.

In most cases, you head to your bank and exchange your cash for the traveler’s check before you go on your trip, usually for a small bank fee and a currency conversion fee . They spend like cash in places that accept them, and during the purchase, you need to provide your ID and match the signature. Also, issuers can cancel uncashed checks and issue you new ones if lost or stolen — unlike cash or personal checks — so they’re safer in that way.

Are traveler’s checks still used?

Traveler’s checks are considered outdated. They’ve fallen out of style, similar to personal checks, in that some merchants may still accept them, but you still have a better chance they’ll prefer debit or credit instead.

Traveler’s checks could be helpful in a few specific situations and may be a little safer than carrying cash while traveling, but you’re probably OK to skip them.

Pros and cons of traveler’s checks

Traveler’s checks have their upsides, but thanks to modern payment methods, they’re just not as useful or convenient as they used to be.

They’re replaceable . Traveler’s checks can be canceled or replaced by the original issuer if they’re lost or stolen, and often, you can grab the replacement at a travel agency when you’re overseas.
Safer than other payment methods . Because they aren’t directly tied to a personal bank account, there’s no risk of someone using these checks to steal your identity.
No expiration date . These checks don’t expire, whereas personal or payroll checks tend to be only good for 180 days. If you don’t use a traveler’s check, it can be redeemed or saved for a later date.
Not as widely accepted . Compared to debit and credit, you’re unlikely to find a merchant that still accepts these checks unless you’re in a tourist-y area.
Likely a fee to get them . Some banks charge a fee to issue traveler’s checks, and you’ll probably have to pay a currency conversion fee as well.
Not super convenient . When using a traveler’s check, you’ll have to sign and prove your identity, which is great for security but not so great for speed.

3 alternatives to traveler’s checks

If you don’t want to bring cash on your trip, you have three main options.

1. Credit cards without foreign transaction fees

Credit cards can be incredibly convenient when traveling due to their wide acceptability — and you can earn cashback or travel points with the right card. Many credit cards charge foreign transaction fees, but many cards skip it, such as the Chase Sapphire Preferred® Card and Capital One Quicksilver Cash Rewards Credit Card (Terms apply, see rates & fees ).

But you’ll want to avoid using credit cards at an ATM, because you’ll likely pay a high cash advance APR and extra fees.

2. International debit cards

Quite a few debit cards are designed to be used internationally, such as the Wise and Revolut . Wise offers a significantly lower currency conversion rate, starting at just 0.43%, whereas most other banks charge around a 3% foreign transaction fee and a 1% currency conversion fee. Revolut also offers fewer fees when purchasing overseas, as well as certain allowances for free currency conversions.

3. International prepaid debit cards

Perhaps one of the most convenient options — aside from cash — international prepaid debit cards let you load up cash and spend it overseas. There are usually more fees than regular debit cards, such as a card purchase fee, reload fees and ATM fees. But if you just want a simple card without the hassle of setting up a new checking account and don’t mind paying a few extra fees, these might be your option.

One example is the PayPal Prepaid Mastercard .

You can purchase traveler’s checks if you don’t want to bring cash or worry about foreign transaction fees abroad. But outside of tourist-heavy areas, hotels or some restaurants, you may not be able to use them.

There’s also a good chance that the debit card or credit card you already have can be used overseas, but just be sure to let your provider know you’re traveling to avoid getting flagged for fraud, and ask about foreign transaction and currency conversion fees so you’re not caught off guard by your next bank statement.

Bethany Hickey

Bethany Hickey is the banking editor and personal finance expert at Finder, specializing in banking, lending, insurance, and crypto. Bethany’s expertise in personal finance has garnered recognition from esteemed media outlets, such as Nasdaq, MSN, Yahoo Finance, GOBankingRates, SuperMoney, AOL and Newsweek. Her articles offer practical financial strategies to Americans, empowering them to make decisions that meet their financial goals. Her past work includes articles on generational spending and saving habits, lending, budgeting and managing debt. Before joining Finder, she was a content manager where she wrote hundreds of articles and news pieces on auto financing and credit repair for CarsDirect, Auto Credit Express and The Car Connection, among others. Bethany holds a BA in English from the University of Michigan-Flint, and was poetry editor for the university’s Qua Literary and Fine Arts Magazine. See full bio

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2 Responses

Hey, I have traveler’s cheque issued by Thomas Cook Agency, how can I withdraw it?

Thanks for getting in touch with finder. I hope all is well with you. :)

To encash your traveler’s check, you would need to find a bank or currency exchange that accepts your check. Once you found one, you need to present your check, present valid ID and sign the needed document.

I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.

Have a wonderful day!

Cheers, Joshua

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How Traveler's Checks Work in the Modern World

Can You Still Buy Traveler's Checks?

What Are Traveler’s Checks?

Best Ways to Use Traveler’s Checks

Evolution of traveler’s checks, how to use traveler’s checks, frequently asked questions (faqs).

Traveler’s checks, once a necessity for traveling abroad, can keep your money safe. While modern alternatives accomplish most of what traveler’s checks do, those checks are far from useless. Traveler’s checks probably don’t need to be your primary resource in areas with an ATM in every town (or on every corner), but they make for an excellent backup plan.

What Are Traveler’s Checks, Anyway?

That’s a fair question in the modern world. Traveler’s checks are paper documents that can be used like standard paper checks and cash. Traditionally, travelers carried these checks to get cash in local currency and pay merchants. Issuers print checks in varying denominations, and checks can be replaced quickly if lost or stolen. With the spread of digital payment options and ATMs, traveler’s checks have become less popular and more difficult to use.

Here are situations when you might want to use traveler's checks.

Low-Tech Access to Cash

In many places, you can get cash in local currency at an ATM , but they're rare in some areas of the world. What’s more, ATMs can malfunction , communication networks might be down, and machines occasionally run out of cash. Traveler’s checks allow you to get local currency at banks, hotels, and foreign exchange offices with a familiar piece of paper. That said, converting a traveler’s check to cash can be challenging and time-consuming.

Added Security

Traveler’s checks keep your money secure. Recipients are supposed to watch you countersign and compare signatures carefully when you use a traveler’s check, making them lose value when lost or stolen. Credit and debit cards provide similar protection, but they are more attractive to thieves who often use them successfully before you disable the stolen cards. You can replace lost or stolen traveler’s checks or get a refund from the issuer. On extended trips, you can keep traveler’s checks on hand for emergencies without risking large financial losses.

Currency Control

Buying traveler’s checks in your destination country’s currency helps you avoid surprises when it comes to exchange rates. You might not get the best conversion rates at home, but you can at least secure a portion of what you need at current rates.

Traveler’s checks aren’t what they used to be. Banks, hotels, and even merchants were once accustomed to taking traveler’s checks from foreigners. Nowadays, you may not be able to find anybody willing to accept a traveler’s check (or the process will be harder than in days past).

Prepaid travel cards are the modern version of traveler’s checks. They allow you to get local currency from ATMs and make purchases with merchants—effectively eliminating the need for traveler’s checks.

Prepaid cards are not linked to your bank account , which prevents anybody from draining your checking account if the card gets lost or stolen—and you can’t go into debt. Credit cards offer similar (or better) protection , but you might not want to use your everyday card abroad. By using a dedicated travel card, you avoid spreading your card numbers around, which means you can be less vigilant about monitoring your accounts when you get back home.

Visa and MasterCard both offer prepaid cards designed for use abroad. Those cards are available online, through travel agents, and at banks or credit unions.

Travel cards should feature low ATM fees, technology that lets you operate like a local in foreign countries, emergency cash when you lose the card, and “zero liability” fraud protection. That said, prepaid cards can be expensive , so you need to compare fees against your other cards to decide whether or not a travel card makes sense.

As an alternative, if you already have credit or debit cards that you rarely use, reserve those cards for foreign travel. Be sure to test the card if it’s been dormant, check with the card issuer before you leave home, and monitor your accounts after you return.

Contact your card issuer before you travel. Otherwise, your purchases may be flagged as fraudulent, which could cause your account to be frozen.

You can still buy traveler’s checks in the U.S. and other countries. In the U.S., checks are available primarily from American Express , but you may need to do some legwork to get your hands on new checks.

Here are a few tips for using traveler's checks.

Keep purchase records separate from the checks: If checks get lost or stolen, you’ll need to provide proof of purchase and check numbers to get a refund. Leave those details with a friend or online for remote access.
Sign the checks immediately after you get them: Follow the issuer’s instructions to find out where to sign (and only sign once). You’ll sign the checks again when you use them to make a purchase or get cash.
Fill in the payee and date when you’re ready to use a check: Be sure that the payee actually accepts traveler’s checks before you do so.
Sign the check again when you complete your payment: The person or business you’re paying must be present to watch you sign. This ensures that the signatures are valid as both signatures must match.
Traveler’s checks don’t expire: You can either keep them for future use or deposit them into your bank account once you’re home.
If checks get lost or stolen, contact the issuer immediately: You may be able to get replacement checks locally, and the issuer needs to know which checks are potential fraud risks.

Where can I buy traveler's checks?

Most traveler's checks in the U.S. are issued by American Express, but you can also buy them through various small banks and credit unions throughout the country. Call your bank, or check online to see whether it offers this service.

What do traveler's checks cost?

You'll usually have to pay a service charge of between 1% and 4% for traveler's checks. Fees typically will be higher if you purchase from an institution where you don't already have an account.

What are the differences among a traveler's check, a cashier's check, and a money order?

Traveler's checks, cashier's checks , and money orders are all issued by banks and can be used as cash or personal-check substitutes for purchases in the U.S. However, traveler's checks are the best choice if you're traveling outside the country. They're designed to be accepted anywhere in the world, come in small denominations, and can be easily replaced if lost. They're also fairly secure, because you don't sign them a second time until you're in the presence of the recipient. However, they are becoming less common and are not as widely accepted as they once were.

American Express. " Online Travelers Cheques Redemption: Frequently Asked Questions ."

Consumer Financial Protection Bureau. " What Is the Difference Between a Prepaid Card, a Credit Card, and a Debit Card? "

Visa. " Visa TravelMoney Prepaid ."

Mastercard. " Prepaid Travel Card by Mastercard ."

Federal Trade Commission. " When a Company Declines Your Credit or Debit Card ."

American Express. " Acceptance of American Express Travelers Cheques ," Page 2.

American Express. " American Express Travelers Cheques ."

Frommer's. " Traveler's Checks ."

What is a Traveler's Check?

What is a traveler's check and how might this payment option be useful on vacation? Learn more about the benefits of this prepaid check and how it can make travel easier.

Today there are many options available for travelers who want to safely travel abroad without risking lost or stolen money. You may not have heard of a traveler's check before, but they can be really useful when you need a secure form of payment while traveling abroad.

Learn all about what a traveler's check is and how they work so you can determine whether this is a good payment option for your trip or not.

Do you have a check you need to cash? Visit any nearby Check City store today to use our quick and convenient check cashing services .

A traveler's check is a type of check with a prepaid amount so the user can exchange the check for local currency while traveling. They can also be referred to as "traveler's cheques."

It is a form of paper payment often used by travelers who need a secure form of payment while traveling abroad. It can also help make dealing with foreign currencies a little easier on travelers.

They are a type of prepaid check that can act as an alternative to hard currency. Many travelers would rather not carry around hard cash while on vacation abroad. A traveler's check provides a different option for travelers and vacationers .

How Do Traveler's Checks Work?

Now that you know more about what a traveler's check is, you can learn more about how they work.

Travelers' checks work like cash, except this "cash" is a slip of paper that you have to sign yourself in order to be made valid upon payment. This provides a big security perk to anyone using this check because only the owner of the check can endorse the check for actual use.

Travelers' checks can also be exchanged for local currency when a vender won't accept a check. But either way, you won't have to carry around cash on you all the time while traveling.

These checks are also not linked to your bank account or checking account, so if someone does steal them, they won't gain access to your checking account or your credit or debit cards.

How to Use a Traveler's Check

Step 1: Find a financial institution that offers traveler's checks.

Step 2: Purchase the traveler's checks you need in whatever foreign currency you might need. When you purchase the traveler's checks, this gives the checks their monetary worth, allowing you to use them like cash.

Step 3: When you go to use a traveler's check, you'll endorse the check with your signature.

Are Traveler's Checks Still Used?

Now you know more about what a traveler's check is and how they work, but are traveler's checks still used today?

Travelers checks were first issued in 1772 by the London Credit Exchange Company. In 1890, American Express copyrighted this product as a way for travelers to safely make transactions in foreign countries.

They were largely popular among travelers as a safer way to make foreign transactions up until the late 1980s when the product began being replaced by credit cards, prepaid cards, debit cards, and even special traveler's cards with security features for lost or stolen cards.

Many financial institutions, like American Express, still offer traveler's checks, but there are many other alternatives to travelers checks available now.

Now travelers and tourists can use debit cards and credit cards that can accommodate the local currency and exchange rates of wherever you are traveling.

However, you may need to tell the financial institution that facilitates your bank account before traveling abroad to properly use foreign exchange capabilities on your card when abroad. Otherwise, your account may automatically lock when you try to use it in a foreign place.

Weigh your options for making foreign transactions when traveling, because there are different foreign transaction fees and exchange rates to compare with each option.

Alternatives to Travelers Checks

Knowing what a traveler's check is will help you better weigh your payment options when traveling.

There are many advantages to using traveler's checks, but you may still decide to go with another option. There are now many alternatives to traveler's checks that can potentially come with less cons and more benefits.

Travel-Friendly Credit or Debit Cards

If you have a travel-friendly credit or debit card, then that can be a great option to use while abroad. Not all credit cards and debit cards can be used outside of the country though, so do your research.

You want a credit or debit card that works worldwide and that ideally also has the bank you are using present in that country. You also want to use a bank card that charges low or no foreign exchange fees or ATM fees so you can access cash without paying a lot in fees.

Prepaid Cards

Prepaid cards are a great tool for travelers because they have their own account with their own funds outside of your checking account.

So instead of putting your checking account at risk, you can deposit a set amount of money you want available on your trip to a prepaid debit card instead.

Now, if your prepaid card is lost or stolen, card thieves only have access to whatever money you deposited onto the card and not your entire checking account.

Prepaid cards can also help you budget for the trip. You can put only the money you want to spend on the trip on the card to avoid overspending or going over budget while you travel.

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What Are Traveler’s Checks & How Do They Work?

However, with the increasing popularity of credit cards and prepaid debit cards, traveler’s checks aren’t as common as they used to be. Still, it can be helpful to know their applications if you’re ever looking for more security during your international travels.

What Are Traveler’s Checks?

A traveler’s check is a secure and convenient payment option for people traveling abroad. Issued by financial institutions such as American Express, these paper checks can be used to make purchases or can be easily exchanged for cash without incurring foreign transaction or ATM fees .

They offer a reliable alternative to local currency, providing tourists with peace of mind against potential loss or theft while traveling. Traveler’s checks were once widely accepted, but the trends are changing.

The Decline of Traveler’s Checks

In recent years, traveler’s checks have experienced a significant decline in popularity for several reasons. Firstly, they are often deemed outdated and inconvenient in today’s digital age, where electronic payment methods, including credit cards and prepaid cards offer greater flexibility.

When comparing traveler’s checks to modern alternatives such as credit and debit cards, the limitations of traveler’s checks become evident.

Like credit and debit cards, traveler’s checks have a similar level of protection against loss or theft, but the process of replacing lost or stolen traveler’s checks can be both time-consuming and arduous, which may not be ideal if you are only abroad for a short period of time.

How Do Traveler’s Checks Work?

Traveler’s checks are pre-paid fixed-amount checks that function much like cash. They offer additional fraud protection by being easily replaceable if lost or stolen.

When a traveler’s check is purchased, it is assigned a unique check or serial number. In the event of loss or theft, the purchaser can report the incident, have the original check canceled, and receive a replacement.

These checks come in various fixed denominations and are available in different currencies, providing stability in regions with volatile exchange rates.

Security Features

One of the key features of traveler’s checks is their security. They are not directly linked to the purchaser’s bank account or credit line. They don’t contain personally identifiable information, minimizing the risk of identity theft.

They are designed with a dual signature system, requiring the purchaser to sign them upon purchase and again when cashing them to prevent unauthorized use.

Where to Purchase Traveler’s Checks

Credit card companies , banks, and credit unions issue traveler’s checks, so they’re relatively easy to find despite their decreased popularity. Major financial service institutions issue them, and they can be purchased in various denominations and currencies.

While they were historically widely accepted for cashing at banks, hotels, and retailers, the increasing global use of credit and debit cards.

Who Accepts Traveler’s Checks

It is essential for travelers to research and identify specific locations where their checks will be accepted beforehand, including contacting hotels, restaurants, and local businesses in the destination to verify whether they still accommodate traveler’s checks.

Every country will be different, and there may be differences between major cities, so don’t make any assumptions.

Advantages and Disadvantages

Safety and convenience factors.

Traveler’s checks offer a heightened level of safety compared to carrying cash. In the event of loss or theft, they can be replaced, providing peace of mind to travelers.

Potential Fees and Accessibility Issues

One drawback of traveler’s checks is the potential for fees. When purchasing traveler’s checks, buyers may encounter service fees. Moreover, some businesses and banks may charge additional fees for cashing traveler’s checks, affecting the overall accessibility of funds. To mitigate this inconvenience, we recommend researching fees and comparing them against foreign transaction fees to find the best option for your next trip and budget.

Exchange Rates and Foreign Use

When using traveler’s checks in foreign countries, exchange rates can impact the overall value. It’s important to stay informed about current exchange rates to maximize the value of your checks and minimize potential loss during transactions. Additionally, some establishments may not accept traveler’s checks, limiting their utility in certain locations.

How to Use Traveler’s Checks

Here’s how to make the most of traveler’s checks:

1. Buy Goods and Services with Traveler’s Checks

When making purchases, traveler’s checks can be used like cash. Many businesses, including hotels, restaurants, and shops, accept traveler’s checks as a form of payment. They offer the convenience of cash without the same level of risk. Simply hand over the check and give it in the presence of the recipient.

2. Cash Traveler’s Checks

In addition to using traveler’s checks for purchases, they can also be exchanged for local hard currency at banks, currency exchange offices, and select retailers.

When cashing a traveler’s check, be prepared to present identification, such as a passport, to verify your identity. Some establishments may charge a fee for cashing traveler’s checks, so make sure you inquire about potential fees beforehand.

What to Do if Your Traveler’s Checks are Lost or Stolen

In the event that your traveler’s checks are lost or stolen, it’s crucial to take immediate action to protect your funds. Contact the issuer of the traveler’s checks, such as American Express or another financial institution, to report the loss.

Most issuers offer a replacement service for lost or stolen traveler’s checks, allowing you to receive new checks to continue your travels without interruption.

Bottom Line

Traveler’s checks were once a popular and secure form of payment for travelers, providing a safe alternative to carrying cash while abroad.

However, with the increasing prevalence of credit cards and prepaid debit cards, the use of traveler’s checks has declined significantly.

Despite their decline, they still offer security and convenience for those who already have them on hand. Nevertheless, it’s important for travelers to consider the availability of institutions willing to cash traveler’s checks before relying on them as a primary form of currency.

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Traveler’s Checks When Traveling Abroad — Useful or Outdated?

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Traveler’s Checks When Traveling Abroad — Useful or Outdated?

What are traveler’s checks, how to buy and use traveler’s checks, what to do if traveler’s checks are stolen, best ways to use traveler’s checks, cons of using traveler’s checks, other alternatives, money tips for traveling abroad, final thoughts.

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When traveling abroad, you might wonder how to pay for things once you arrive. Should you bring currency on your trip? Which currency should you bring? Can you get money once you arrive? How much cash should you carry at once?

Many of these questions can be answered by using traveler’s checks. Traveler’s checks might seem like an outdated choice, but they can still be useful in certain situations.

In this article, we’ll explain what traveler’s checks are, how they work, and when they might be worth the hassle. We’ll also explore other more common alternatives and give tips for obtaining foreign currency.

Traveler’s checks are documents that can be used like standard paper checks and cash. Travelers purchase them before they leave home to exchange for cash in the local currency when they arrive at their destination.

These checks are printed in varying denominations, and each check is uniquely numbered so that it can be replaced quickly if lost or stolen.

Banks, hotels, and merchants were once very used to accepting traveler’s checks. These places liked traveler’s checks because of the safeguards that were put in place. Basically, as long as the original signature matched the signature made at the time of the purchase, payment is guaranteed — eliminating any “bounced checks.”

Now, with the increased use of credit and debit cards (especially those with no foreign transaction fees ), prepaid cards, and ATMs on every corner, traveler’s checks have become less popular.

You may find it difficult to find banks or hotels that accept them , and if you do, you might be at the mercy of their business hours to cash them in.

You can still buy and use traveler’s checks in the U.S. and other countries.

Where To Buy Traveler’s Checks

You can find traveler’s checks offered by companies like American Express and Visa . You can also go to your local AAA office to purchase them.

The best place to purchase traveler’s checks is from your own bank, but unfortunately, many banks no longer offer traveler’s checks, including Chase, Wells Fargo, and Bank of America.

If you’re not sure if your bank offers traveler’s checks, it’s worth contacting them to confirm. If you are a customer, banks typically waive any fees to obtain them and this can add up because other companies can add on a 1% to 3% fee on top of the base currency amount that you request.

In order to obtain a traveler’s check, you will need to:

Either go in person to an eligible bank or visit the website of the traveler’s check issuer.
Select the total amount of currency to purchase.
Submit payment, including any fees.

How To Use Traveler’s Checks

Once you have the traveler’s checks, you need to know how to use them. Traveler’s checks work a bit differently than other forms of currency. Here are the steps you’ll need to take:

Sign the checks immediately. Follow the issuer’s instructions to find out where to sign (and only sign once).
Leave evidence of your traveler’s check purchase somewhere safe. If checks get lost or stolen, you’ll need to provide proof of purchase along with check numbers to get a refund. Leave those details with a friend or save them online for easy remote access.
Complete the payee and date fields. Once you have confirmed that the payee or bank will accept traveler’s checks, fill out the payee and date fields.
Sign the check again. You must complete this portion in-person to ensure that the signature matches the original. You may also need to show some sort of identification as well. This is key to keeping traveler’s checks secure.
If checks get lost or stolen, contact the issuer immediately. You may be able to get replacement checks locally, and the issuer needs to know which checks to cancel.

Traveler’s checks don’t expire , so if you don’t use them you can either keep them for future use or deposit them into your bank account once you’re home.

If all of your cash is stolen while you’re traveling abroad, you’ll have next to no chance of getting it back.

However, if this happens with your traveler’s checks, you’ll likely get them replaced as long as you’ve complied with your check issuer’s purchase agreement . This is the primary benefit of traveling with traveler’s checks.

Bottom Line: Treat your traveler’s checks like cash. If you lose your checks, you may not get replacements if your check issuer has reason to believe you didn’t safeguard them appropriately.

Here’s what to do if your traveler’s checks are lost or stolen:

Call the customer service phone number provided by your issuer or find it by accessing their website.
Provide proof that the check is yours by submitting the check number, proof of purchase, and your identification. It’s important to have easy access to this information for this reason.
If required by your issuer, provide evidence that you have reported your stolen check to the police.
Be sure to return any other refund paperwork requested.

If you don’t comply, you could experience delays or even have your claim denied. After you’ve reported your missing check, your provider will void it and issue you a new check.

Some issuers even pledge to get replacement checks out to you within 24 hours !

The following are situations when you might consider using traveler’s checks:

1. No Access to Credit or Debit Card

If you don’t have a credit card or a debit card tied to your bank account, a traveler’s check could be a safe alternative to simply carrying lots of cash abroad.

This tip also applies if your particular credit or debit card isn’t accepted abroad. This is more likely to happen if your card is something other than a Visa or Mastercard , as those credit cards claim the widest global network.

2. Limited Access to ATMs

In many places, you can easily get cash in the local currency at an ATM once you arrive. This wouldn’t be a problem in Europe, for example, but ATMs are rare in some parts of the world. In addition, ATMs can malfunction, networks can be down, and machines might even run out of cash.

Traveler’s checks allow you to get local currency at participating banks, hotels, and other foreign locations without regard for these potential problems.

3. Access Good Exchange Rates

Buying traveler’s checks can help you avoid bad exchange rates. If you decide to exchange currency once you arrive, you might not get the best conversion rates by doing this at the airport.

By purchasing traveler’s checks before you leave, you can lock in a set amount at the current exchange rate.

Read our guide for the best places to exchange currency .

4. Avoid Common Credit or Debit Fees

If your credit or debit card charges a foreign transaction fee , you can be charged a fee every time you make a purchase with your card in a foreign country. If your card also charges ATM fees, these fees can add up quickly.

To avoid these fees, it might make sense to use traveler’s checks. Although there may be a fee involved when you purchase or cash a traveler’s check, it might still be less than other fees your credit or debit card may charge.

Hot Tip: If your card charges a foreign transaction fee, it will typically be 3% of each purchase you make.

5. As an Added Safety Measure

If you’re traveling to a potentially unsafe region, traveler’s checks keep your money secure. Even if you’re in a relatively safe place, anyone who enters your room or has access to your bags could search for your money.

The main benefit of traveler’s checks is that they reduce your risk of theft or loss. Since they can’t be cashed without your signature and often require a photo ID, they are less appealing to thieves or pickpockets. They can also be easily replaced if you provide the issuer with the proper information.

Here are some reasons that might discourage you from using traveler’s checks:

1. Limited Availability for Use

In much of Europe and Asia, traveler’s checks are no longer widely accepted and cannot be easily cashed — even at the banks that issued them.

This means that cashing in traveler’s checks might require hunting down a bank branch or hotel that accepts them during business hours.

Bottom Line: Those relying solely on traveler’s checks may find that they are unable to cash them in many remote or rural locations.

2. Not All Banks Offer Them

Certain major banks, such as Bank of America, no longer offer traveler’s checks at all. This might mean ordering traveler’s checks online well in advance of your travel plans or having to find a new bank that offers them.

3. Potential for Additional Fees

If a company does offer traveler’s checks, it typically charges fees for both buying and cashing in a traveler’s check. While some banks offer them for free if you are a customer, others charge between 1% to 3% of the total purchase amount.

Check the math for your own situation, but using traveler’s checks could actually cost more than using an ATM or credit card abroad.

4. Bulky Paperwork

Not only are traveler’s checks a hassle to carry, but most companies also require that you keep proof of purchase for the checks to verify the check numbers if they are lost or stolen.

Both of these just add up to keeping track of additional paperwork.

Obviously, traveler’s checks aren’t your only option when it comes to obtaining foreign currency. Here are some other options you should consider.

Cash is convenient and relatively easy to exchange. You can bring money from home into a foreign bank or currency exchange location almost anywhere in the world. It can be easily exchanged without the worry of multiple bank fees or ATM fees adding up.

Hot Tip: Be aware: if you exchange your money in tourist areas, you might be hit with a bad exchange rate.

On the downside, carrying paper money is a risk since it can’t be replaced if stolen.

A debit card can be used at an ATM to collect cash. While not all ATM machines (especially in more rural places) accept foreign debit cards, you will find that most do.

Depending on your bank, you might even have to pay both an out-of-network ATM and an international ATM fee for this convenience.

Hot Tip: An out-of-network ATM fee is typically between $2 to $3.50 per transaction in 2021 and a typical international ATM fee can range from $2 to $7 per transaction (plus a 3% conversion fee), depending on your bank and card.

Most restaurants and stores accept foreign debit cards, but carrying a form of backup currency is always wise . Additionally, foreign transaction fees can add up quickly if you are using your debit card frequently.

Credit Card

Like debit cards, credit cards are small and easy to carry. Mastercard, Visa, and more recently, American Express , are widely accepted in other countries, so you can rest easy knowing you will be able to complete your purchases. You can also limit fees by getting a credit card with no foreign transaction fees .

A credit card also comes with fraud protection. You can dispute fraudulent charges and get them removed from your account if reported timely.

Hot Tip: While you can use a credit card for ATM transactions, you will be hit with a cash advance fee . It’s best to avoid doing this, if possible.

Prepaid Card

If you have difficulty getting approved for a credit card , a prepaid card could be a good alternative. You simply load the card with money from your bank account and use it as a debit card at an ATM or as a credit card at merchants and hotels.

While prepaid cards are locked with a PIN number, they can sometimes be difficult to use at ATM machines. Additionally, fees for foreign currency transactions can be as high as 7% , depending on the card.

Hot Tip: Booking hotels, airfare, or activities online will require either a credit card, debit card, or prepaid card.

Do Your Research

Know which types of currency are accepted at your destination and how much of each type (if any) you should bring. Especially be aware of any cash you might need on arrival (to obtain a visa , exchange upon arrival, etc.) in case you can’t immediately locate an ATM or a currency exchange office.

Carry a mix of cash, cards, and maybe even traveler’s checks. Ideally, the cards you bring with you shouldn’t have foreign transaction fees or ATM fees . Having some variety also helps if one of your cards isn’t accepted or your cash is lost or stolen.

Tell Your Bank You Are Traveling

Always be sure to let your bank and credit card issuers know where you’re going and when so that your card isn’t declined when you try to make a purchase due to unusual activity.

If you exchange money at your bank, you will likely also get a better exchange rate.

Don’t Keep All of Your Money in 1 Place

Keep some of your currency or an extra card locked in your hotel room’s safe or in a money belt . In the terrible instance that you lose your purse or wallet, you would still have immediate access to additional money.

We’ve shown that traveler’s checks aren’t necessarily the most convenient way to take currency abroad, but depending on if you have limited access to debit or credit cards or they aren’t accepted where you are traveling, it might be worth it to bring some along.

Overall, if you’ve decided that traveler’s checks can be of use to you, taking some, along with some cash and a debit, credit, or prepaid card, may just be the smartest way to travel.

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Are Traveler's Checks Obsolete? Here's What To Use Instead

Traveler's checks were once a really popular and useful tool when going abroad—but with the widespread use of credit cards and debit cards, they are no longer as common. A traveler's check is verified by a bank and is used when traveling internationally to exchange for local currency.

"You might pay American Express $100 for a travelers check, and that check is worth $100 based on the amount you've given Amex," says Alex Miller, founder and CEO of travel site UpgradedPoints . "You then go to another country to cash that check and are given $100 in equivalent local currency."

RgStudio/Getty Images

People used traveler's checks as a way to keep money safe from fraud and theft while traveling, as they could be replaced. "Each check has a unique number, so it can be traced easily," says Phil Dengler, co-owner of The Vacationer , a resource for travel and credit card guides. Also, you have to sign the traveler's check when you buy it and when you go to redeem it to prevent fraud—if the signatures match, you get your money.

While most major banks no longer offer them, you can buy traveler's checks through American Express, VISA, and AAA—however, you could have a tough time finding hotels, banks, and stores that still accept them while traveling. Here are some of the modern alternatives to traveler's checks that are available today that will make your life easier and keep your money safe.

What to Use Instead of Traveler's Checks

Traveler's checks can be useful to avoid foreign transaction fees or if you don't have a credit card—but you run the risk of going somewhere that traveler's checks are not widely accepted. There are ways around foreign transaction fees and safe alternatives to traveler's checks so you don't have to carry a bunch of cash with you.

Credit card

Credit cards are a great option for keeping your money safe while traveling. "While credit cards can be lost or stolen, they offer fraud protection absolving you of any unauthorized charges," says Dengler. He recommends getting a credit card that does not charge foreign transaction fees, and sticking to VISA or Mastercard (as opposed to Discover or Amex) as they are more widely accepted.

While it is less than ideal, if you lose your credit card or it gets stolen, "banks and credit card companies have global call centers which can quickly deactivate and replace your cards in short order," says Warren Jaferian , dean of the Office of International Education at Endicott College.

Get a debit card that doesn't charge an ATM fee. ATMs are widely available and you can directly withdraw money in local currency—Miller recommends the Charles Schwab Bank card.

However, the safety of using a debit card internationally can be questionable, with experts advising extra caution when traveling to prevent fraud. Jaferian suggests using an ATM inside a bank to avoid skimmers or other devices that can be used to get your card number.

However, your PIN does provide an added layer of protection against fraud—"The modern institution of the Debit Card + PIN is just as, if not more secure, than the traveler's check," says business attorney Ryan Reiffert .

Bottom line: You don't really need them.

For the most part, traveler's checks seem to be a thing of the past. "Personally, I stopped buying travelers checks in the 1990s as secure alternatives became ubiquitous," says Warren.

While they provide safety and can help you avoid high transaction fees, it might be difficult to find places that accept them. If you're able to get a credit card or debit card with no fees, that's your best bet. "Traveler's checks are not as useful as they once were," says Dengler. "They are safer than carrying cash, however." Research your destination to see if traveler's checks are accepted there—if your bank or card charges high international fees, or you don't have a credit card, traveler's checks might still be a worthwhile option to consider.

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Redemption of American Express ® Travelers Cheques

Travelers Cheques have been a timeless addition to the world traveler’s carry-on for over 130 years. While new Travelers Cheques are no longer issued, your Cheques remain backed by American Express and have no expiration date.

REDEEM WITH AMEX ANYTIME

NO EXPIRATION DATE

24/7 CUSTOMER SERVICE

BACKED BY AMERICAN EXPRESS

HOW TO REDEEM

Travelers Cheques can no longer be purchased but can be redeemed in several convenient ways. Here’s how:

REDEEM WITH AMERICAN EXPRESS TRAVEL RELATED SERVICES COMPANY, INC.

REDEEM ONLINE

Quickly and securely redeem your Travelers Cheques online .

Call American Express Customer Service at 1-800-221-7282 or find additional contact numbers based on your location to redeem over the phone.

DEPOSIT WITH YOUR BANK

Confirm whether your bank allows account holders to deposit Travelers Cheques. Fees may apply.

EXCHANGE FOR LOCAL CURRENCY

Travelers Cheques can be exchanged worldwide. Find exchange locations . Fees may apply.

TRAVELERS CHEQUES EXCHANGE LOCATOR

Find the nearest exchange location.

Service Center

Have more questions?

Here are some common scenarios and what to do.

UNDERSTANDING TRAVELERS CHEQUES

Keep your Cheques secure until you’re ready to redeem.

Protect yourself in case of loss or theft by signing on the upper signature line.

Record the serial numbers and keep them in a safe place when you travel.

Keep your Cheques tucked away and hidden like you would cash.

When the time comes, sign your Cheque on the lower signature line in sight of the person accepting it.

Find documents you may need in case of claiming inherited Cheques, lost or stolen Cheques, and more.

DOCUMENTATION

Additional documents may be required based on the claim type. Typical documents include:

Valid Photo ID (Passport, Driver's License or Government Issued ID)
Copy of the Voided Travelers Cheque(s)
Refund Details

UPLOAD DOCUMENTS

Once you have gathered the required documents and filled out any required documents and forms, upload here. Clear images will help expedite processing.

UNABLE TO UPLOAD?

If you’re unable to upload your completed documents, you can send hard copies directly to American Express .

INHERITED CHEQUES

How to redeem your inherited Travelers Cheques if the original owner is deceased or incapacitated.

1. OPEN A CLAIM

Call American Express Customer Service at 1-800-221-7282 or find additional contact numbers based on your location to begin a claim over the phone.

2. IDENTIFY & LOCATE REQUIRED DOCUMENTS

List of required documents and forms can be found here . You’ll need these to submit your claim.

3. UPLOAD REQUIRED DOCUMENTS

Be sure to upload clear images for faster processing.

4. IF YOU’RE UNABLE TO UPLOAD

As an alternative to submitting online, you can also mail hard copies of your documents to American Express .

*Travelers Cheque Encashment service is provided by American Express Travel Related Services Company, Inc.

Can I buy Travelers Cheques?

Travelers Cheques are no longer issued and so cannot be purchased.

Where can I redeem my Travelers Cheques?

There are thousands of foreign exchange partners in countries around the world where you can exchange your American Express Travelers Cheques for local currency. You can find places to redeem your Travelers Cheques using " Find Exchange Locations ". It may also be possible to redeem your Travelers Cheques directly for goods and services. Check first, though, with the merchant. American Express does not approve the use of its products, or any services related to its products, in the following territories: Crimea, Donetsk, and Luhansk Regions of Ukraine, Cuba, Iran, North Korea, Syria, Russia and Belarus.

Can I redeem my Travelers Cheques directly with American Express?

Yes, you can redeem your Travelers Cheques directly with American Express Travel Related Services Company, Inc. online . Alternatively, you can call American Express Customer Service at 1-800-221-7282 to register a redemption claim. You can find additional contact numbers based on your location. We may have to contact you with questions regarding your claim or to request additional information.

How do I redeem my Travelers Cheques?

You can redeem your Travelers Cheques directly with American Express Travel Related Services Company, Inc. Please refer the “How to Redeem” section above. Alternatively, simply present the Cheque at an eligible foreign exchange partner or merchant location. Make sure the acceptor watches while you countersign the Cheque on the lower signature line. Photo identification may be required. We strongly recommend you retain and carry your original Cheque purchase receipt with you when you travel. Commission charges may apply and can vary by country or exchange partner. Exchange limits may apply due to local regulations and exchange policies.

What happens if I sign my Travelers Cheques in the wrong place, or if my signatures don't match?

Acceptance of Travelers Cheques is based on the acceptor watching the customer sign the Cheque on the lower signature line, and then comparing that signature with the original signature on the upper signature line. The acceptor must observe the customer signing the Cheque. If the signatures are a reasonable match, the Cheque should be accepted. Photo identification may be required at the discretion of the acceptor. As always, if the acceptor is unsure, they should call an American Express Travelers Cheque Customer Service Center .

Is there a fee to cash Travelers Cheques?

Commission charges may apply and can vary by country and/or exchange partner. Before you travel, we recommend that you find the most convenient Travelers Cheque exchange locations using the Find Exchange Locations .

What happens if my Cheques are lost or stolen?

Lost or stolen Travelers Cheques may be refunded.* Please call Customer Service at 1-800-221-7282 or find the additional contact numbers for your current location. Have your recorded serial numbers on hand when you call.

* Terms & Conditions and restrictions apply. Identification and proof of purchase required.

How are Gift Cheques cashed?

When cashing a Gift Cheque, the recipient should fill out the "pay to the order of" line and countersign the Gift Cheque in the lower corner with the acceptor watching. If you encounter diffiulties in cashing a Gift Cheque in the United States, please encourage the merchant to call American Express for instructions at 1-800-221-7282 . If you are located outside of the U.S., you can find additional contact numbers to provide the merchant based on your location.

Can I redeem my Gift Cheques directly with American Express?

Yes, you can redeem your Gift Cheques directly with American Express Travel Related Services Company, Inc. online . Alternatively, you can call American Express Customer Service at 1-800-221-7282 to register a redemption claim. You can find additional contact numbers based on your location. We may have to contact you with questions regarding your claim or to request additional information. You can also find places to redeem your Gift Cheques using Find Exchange Locations . There also may be restrictions on the currency and method of redemption and the value of Gift Cheques that can be redeemed.

Still Need Help?

Call American Express Customer Service 24/7 at 1-800-221-7282 or find additional contact numbers based on your location.

American Express stopped issuing Travelers Cheques, so they’re no longer available for purchase. Support is available by phone and the American Express website for customers to redeem valid Travelers Cheques. Travelers Cheques remain backed by American Express and have no expiration date.

We'll Be Right Back!

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Secure .gov websites use HTTPS A lock ( Lock A locked padlock ) or https:// means you’ve safely connected to the .gov website. Share sensitive information only on official, secure websites.

Air Travel Consumer Report: January-May 2024 Airline Consumer Submissions Data

WASHINGTON – The U.S. Department of Transportation (DOT) today released data on the submissions (complaints, inquiries, and opinions) it has received from consumers about air travel for January-May 2024.

The release of the submissions data in the Air Travel Consumer Report (ATCR) was delayed primarily because of the tens of thousands of complaints received against airlines and ticket agents received by the Office of Aviation Consumer Protection (OACP) and the time needed to review and process these consumer complaints using the Department’s outdated legacy consumer complaint application system. Over the past three years, complaints made up an average of 91% of consumer submissions.

The Department has been actively working on modernizing its system for handling consumer complaints with the support of a Technology Modernization Fund (TMF) investment to improve the customer experience for the tens of thousands of consumers who use the system each year. The modernization of the system will also enable OACP to engage in oversight of the airline industry more effectively.

As DOT modernizes its system, given the continued high volume of air travel service complaints concerning airlines and ticket agents, DOT has revised how it processes consumer complaints for efficiency which has resulted in less granular data being available in the ATCR. Except for displaying civil rights complaints in a similar manner as before, the ATCR displays consumer submissions (complaints, inquiries, and opinions) as opposed to complaints for January-May 2024. The Department will revert to displaying detailed complaint data in the ATCR in a similar manner as before once its new modernized system is operational.

January 2024

In January 2024, DOT received 6,921 airline service submissions, compared to 11,584 submissions in January 2023.

Of the 6,921 submissions received in January 2024, 4,478 concerned U.S. carriers, 2,197 concerned foreign air carriers, and 189 concerned travel companies.

In January 2024, the Department received a total of 226 disability-related complaints, up from the total of 222 complaints received in January 2023. 

In January 2024, the Department received a total of 13 discrimination-related complaints, down from the total of 26 complaints received in January 2023.

February 2024

In February 2024, DOT received 4,671 airline service submissions, compared to 7,263 submissions in February 2023.

Of the 4,671 submissions received in February 2024, 2,906 concerned U.S. carriers, 1,553 concerned foreign air carriers, and 157 concerned travel companies.

In February 2024, the Department received a total of 145 disability-related complaints, down from the total of 188 complaints received in February 2023. 

In February 2024, the Department received a total of two discrimination-related complaints, down from the total of 20 complaints received in February 2023.

In March 2024, DOT received 5,352 airline service submissions, compared to 8,167 submissions in March 2023.

Of the 5,352 submissions received in March 2024, 3,761 concerned U.S. carriers, 1,401 concerned foreign air carriers, and 138 concerned travel companies.

In March 2024, the Department received a total of 172 disability-related complaints, down from the total of 235 complaints received in March 2023. 

In March 2024, the Department received a total of three discrimination-related complaints, down from the total of eight complaints received in March 2023.

In April 2024, DOT received 5,696 airline service submissions, compared to 7,328 submissions in April 2023.

Of the 5,696 submissions received in April 2024, 4,031 concerned U.S. carriers, 1,497 concerned foreign air carriers, and 134 concerned travel companies.

In April 2024, the Department received a total of 182 disability-related complaints, down from the total of 210 complaints received in April 2023. 

In April 2024, the Department received a total of six discrimination-related complaints, down from the total of seven complaints received in April 2023.

In May 2024, DOT received 7,749 airline service submissions, compared to 7,000 submissions in May 2023.

Of the 7,749 submissions received in May 2024, 5,831 concerned U.S. carriers, 1,591 concerned foreign air carriers, and 174 concerned travel companies.

In May 2024, the Department received a total of 233 disability-related complaints, up from the total of 221 complaints received in May 2023. 

In May 2024, the Department received a total of nine discrimination-related complaints, down from the total of 27 complaints received in May 2023.

DOT’s Historic Record of Consumer Protection Under the Biden-Harris Administration

Under the Biden-Harris Administration, DOT has advanced the largest expansion of airline passenger rights, issued the biggest fines against airlines for failing consumers, and secured returns of more money to passengers in refunds and reimbursements than ever before in the Department’s history. 

DOT has issued a final rule that requires airlines to provide automatic cash refunds to passengers when owed and another final rule to protect consumers from costly surprise airline fees. These rules significantly expand consumer protections in air travel, provide passengers an easier pathway to refunds when owed, and save consumers more than half a billion dollars every year in hidden and surprise junk fees. Provisions of the final rule on airline refunds were fortified through the FAA Reauthorization Act of 2024 (Public Law 118-63) that President Biden signed into law on May 16, 2024. The final rule that DOT issued to protect consumers against costly airline junk fees has been challenged in court by the airline industry, and the court has put a temporary hold on implementation of this rule. The Department will continue to defend this rule and notes that nothing in the Court’s decision prevents airlines from voluntarily complying with this common-sense rule.
In 2022, under Secretary Buttigieg’s guidance, DOT created an  Airline Customer Service Dashboard  known as  FlightRights.gov  to help airline passengers understand what they are entitled to receive when a delay or cancellation was within the airlines’ control and create standards that the Department can enforce. Now all 10 major U.S. airlines guarantee free rebooking and meals, and nine guarantee hotel accommodations when an airline issue causes a significant delay or cancellation. These are new commitments the airlines added to their customer service plans that DOT can legally ensure they adhere to and are displayed on flightrights.gov.
Since President Biden took office, DOT has helped oversee the return of almost $4 billion in refunds and reimbursements owed to airline passengers – including more than $600 million to passengers affected by the Southwest Airlines holiday meltdown in 2022.
Under Secretary Buttigieg, DOT has issued more than $166 million in penalties against airlines for consumer protection violations. Between 1996 and 2020, DOT collectively issued less than $71 million in penalties against airlines for consumer protection violations.
DOT launched a new partnership with a bipartisan group of state attorneys general to fast-track the review of consumer complaints, hold airlines accountable, and protect the rights of the traveling public.
In 2023, the flight cancellation rate in the U.S. was a record low at under 1.2% – the lowest rate of flight cancellations in over 10 years despite a record amount of air travel.
DOT is undertaking its first ever industry-wide review of airline privacy practices and its first review of airline loyalty programs.

In addition to finalizing the rules to require automatic refunds and protect consumers from surprise fees, DOT has:

Proposed to ban family seating junk fees and guarantee that parents can sit with their children for no extra charge when they fly. We encourage members of the public and interested parties to submit comments by October 8, 2024. Before President Biden and Secretary Buttigieg pressed airlines last year, no airline committed to guaranteeing fee-free family seating. Now, four airlines guarantee fee-free family seating, as the Department is working on its family seating junk fee ban proposal.
Initiated a rulemaking to address passenger compensation and amenities so that travelers are taken care of when airlines cause flight delays or cancellations.
Proposed to expand the rights for passengers who use wheelchairs and ensure that they can travel safely and with dignity. The Department is actively working on a final rule now.

Consumers may file air travel consumer or civil rights complaints online at https://secure.dot.gov/air-travel-complaint , or they may mail a complaint to the Office of Aviation Consumer Protection, U.S. Department of Transportation, C-70, W96-432, 1200 New Jersey Avenue, SE, Washington, DC 20590.

The ATCR and other aviation consumer matters of interest to the public can be found at https://www.transportation.gov/airconsumer .

COMMENTS

Traveler's Check: What It Is, How It's Used, Where to Buy
A traveler's check (sometimes spelled "cheque") is a once-popular but now largely outmoded medium of exchange utilized as an alternative to hard currency and intended to aid tourists. The ...
What are Travellers Cheques?
Conversely, a travellers cheque is for use overseas, is loaded with prepaid foreign currency - usually USD or GBP - and does not have a name or account number printed on it, although it does require a signature. Because travellers cheques do not have any bank details printed on them, they are deemed safer than cashiers cheques in terms of ...
What Are Traveler's Checks & Do People Still Use Them?
Traveler's checks are paper documents that can be used as a traditional paper check and also like cash. They are intended to aid tourists and are typically used by people on vacation in foreign countries. Issuers print checks in varying denominations, such as $10, $20, or $50, and they are available in a range of currencies.
Traveler's Checks and Modern Alternatives
It can be used as cash or a regular check. Traveler's checks—you may also see them referred to as "cheques"—are generally printed with a unique serial number. This means you may be able to get a refund if your checks are lost or stolen. The checks are usually available in set denominations—$20 and $50, for example.
Traveler's checks, explained
Traveler's checks can be a handy alternative so you know you can access funds even if your credit or debit cards are lost or stolen. Traveler's checks can be a good idea if you're headed somewhere that ATMs aren't reliable or widespread. Buying traveler's checks in advance means you know the exchange rate you're getting — useful ...
What Is a Traveler's Check? Definition and How to Use
A traveler's check is a secure, prepaid form of money you can use when traveling. Think of it as a prepaid form of cash with built-in security features. When you purchase traveler's checks, you'll receive a set of checks with specific amounts, like $20 or $50. Many banks, currency exchange offices, and businesses recognize and accept them ...
Traveler's checks: What are they, and are they still used?
3 alternatives to traveler's checks. If you don't want to bring cash on your trip, you have three main options. 1. Credit cards without foreign transaction fees. Credit cards can be incredibly convenient when traveling due to their wide acceptability — and you can earn cashback or travel points with the right card.
How Traveler's Checks Work in the Modern World
Traditionally, travelers carried these checks to get cash in local currency and pay merchants. Issuers print checks in varying denominations, and checks can be replaced quickly if lost or stolen. With the spread of digital payment options and ATMs, traveler's checks have become less popular and more difficult to use.
What is a Traveler's Check?
A traveler's check is a type of check with a prepaid amount so the user can exchange the check for local currency while traveling. They can also be referred to as "traveler's cheques." It is a form of paper payment often used by travelers who need a secure form of payment while traveling abroad. It can also help make dealing with foreign ...
Traveler's checks: What it is, When to use it, Where to buy
A traveler's check contains a fixed amount of money and operates like cash. Bring a traveler's check to a merchant to buy goods or services while traveling abroad. You can get traveler's checks from financial institutions like banks and credit unions. Traveler's checks can come in a variety of currencies, so you can designate the ...
Traveller's cheque
Obverse and reverse side of traveller's cheque of National Bank of Poland (nominal value: 1000 Polish złoty); sold in April 1989 in Budapest (), for use during travel to Poland only, never used. Security hologram against counterfeit on cheques with the denomination of 50 US-Dollars from American Express, c. 2012.. A traveller's cheque [a] is a medium of exchange that can be used in place of ...
All About Traveler's Checks and Alternatives
Traveler's checks offer a secure payment mechanism for international travel that can be replaced if lost or stolen, unlike cash. Credit cards, debit cards, and mobile wallets are modern alternatives to traveler's checks and can offer greater flexibility and security while traveling. Planning an international vacation is an exciting time.
What Are Traveler's Checks & How Do They Work?
A traveler's check is a secure and convenient payment option for people traveling abroad. Issued by financial institutions such as American Express, these paper checks can be used to make purchases or can be easily exchanged for cash without incurring foreign transaction or ATM fees. They offer a reliable alternative to local currency ...
Traveler's Checks When Traveling Abroad
Best Ways To Use Traveler's Checks. The following are situations when you might consider using traveler's checks: 1. No Access to Credit or Debit Card. If you don't have a credit card or a debit card tied to your bank account, a traveler's check could be a safe alternative to simply carrying lots of cash abroad.
Using Travellers Cheques Abroad
When using travellers' cheques, you may encounter various fees, typically ranging from 2-3% in commission charges. Additionally, handling fees and cashing-in charges may apply. These fees can vary significantly depending on the provider, country of use, and the specific bank, retailer, or agent. It's always recommended to inquire about these ...
EVERYTHING you need to know about traveler's checks [2024]
The traveler's check value allows you to keep a budget while you are on your trip. Often, you may exchange the traveler's check for cash at the accommodation that you are staying at. Since this currency form is not dependent on a computer, you may still make payments even if technology is not cooperating. A traveler's check does not expire.
Are Traveler's Checks Obsolete? Here's What To Use Instead
RgStudio/Getty Images. People used traveler's checks as a way to keep money safe from fraud and theft while traveling, as they could be replaced. "Each check has a unique number, so it can be ...
How do Traveller's Cheques work and are they still a useful?
Lost or stolen traveller's cheques are reimbursed, making them a safe payment system. Credit cards, debit cards, and prepaid cards are popular modern alternatives to cheques. Digital payment systems like PayPal and Venmo are also popular with tech-savvy users. It's imperative to keep your money safe whenever you venture abroad, though that ...
Travelers Cheques
CALL US. Call American Express Customer Service at 1-800-221-7282 or find additional contact numbers based on your location to redeem over the phone. DEPOSIT WITH YOUR BANK. Confirm whether your bank allows account holders to deposit. Travelers Cheques.
Traveler's Checks: What Are They and How Do They Work?
Traveler's checks, along with credit and debit cards, are a secure and convenient payment option when you're traveling (typically in other countries). But ar...
Using travellers cheques abroad: the pros and cons
The key advantage of travellers cheques is that they are safer to carry around than cash. Provided you have noted down the serial number of each cheque you were originally issued, you will be able to get them replaced should they be stolen or lost. Remember to keep your note of the serial numbers separate from the cheques themselves.
AmEx ‌traveler's‌ ‌checks:‌ ‌all‌ ‌you‌ ‌need‌ ‌to‌ ‌know
If your traveler's checks are lost or stolen, get in touch with AmEx right away. There are different numbers to call depending on where in the world you are. From the US call toll free on 1-800-221-7282. For any other location, get the best number to call from the American Express customer service webpage⁴.
Do I need traveler's checks when going abroad?
In short, a traveler's check is a check issued to you in exchange for your cash. It typically requires your signature at two separate occasions — first in the presence of the agent issuing the traveler's check, and again when you use the check to make a purchase. You can typically purchase traveler's checks at banks and credit unions.
Air Travel Consumer Report: January-May 2024 Airline Consumer
Initiated a rulemaking to address passenger compensation and amenities so that travelers are taken care of when airlines cause flight delays or cancellations. Proposed to expand the rights for passengers who use wheelchairs and ensure that they can travel safely and with dignity. The Department is actively working on a final rule now.

What Is a Traveler’s Check?

The Bottom Line

Traveler's Check: What It Is, How It's Used, Where to Buy

Key Takeaways

How Traveler’s Checks Work

History of Traveler’s Checks

Where to Get Traveler's Checks

Where to Cash Traveler's Checks

Advantages and Disadvantages of Traveler's Checks

Alternatives to Traveler's Checks

Where Do You Buy Traveler's Checks?

How Do You Cash Traveler's Checks?

What Do You Do With Traveler's Checks?

A Guide to Travellers Cheques

What are travellers cheques?

How do you use travellers cheques?

Where can I get travellers cheques?

Where can I use travellers cheques?

How safe are travellers cheques?

Travellers cheque vs. Cashiers cheque: What is the difference?

What are the alternatives?

Travel money cards

International bank accounts

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Traveler’s checks: What are they, and are they still used?

Bottom line

What are traveler’s checks?

Are traveler’s checks still used?

Pros and cons of traveler’s checks

3 alternatives to traveler’s checks

1. Credit cards without foreign transaction fees

2. International debit cards

3. International prepaid debit cards

Bethany Hickey

More guides on Finder

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How Traveler's Checks Work in the Modern World

Best Ways to Use Traveler’s Checks

What Are Traveler’s Checks, Anyway?

Low-Tech Access to Cash

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Currency Control

Where can I buy traveler's checks?

What do traveler's checks cost?

What are the differences among a traveler's check, a cashier's check, and a money order?

What is a Traveler's Check?

How Do Traveler's Checks Work?

How to Use a Traveler's Check

Are Traveler's Checks Still Used?

Alternatives to Travelers Checks

Travel-Friendly Credit or Debit Cards

Prepaid Cards

Keep Learning

What Are Traveler’s Checks & How Do They Work?

What Are Traveler’s Checks?

The Decline of Traveler’s Checks

How Do Traveler’s Checks Work?

Security Features