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Travelers Checks

Tulsa, Oklahoma
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10 posts
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Travelers Checks

Do most places take US American Express travelers checks? Can we cash them at the hotel? (coconut court) Thanks

Burlington, Canada
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1. Re: Travelers Checks

Amex is not taken everywhere. You could always go to a bank to change your travelers cheques but it will take a while, bring your passport and immigration card that you fill in on arrival.

You're better off using VISA, Master Card and your debit card for cash out of the ATM's.

You'd have to check with Coconut Court directly to see if they take Travelers Cheques to get a definitive answer.

London, United...
Destination Expert
for Barbados
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2,165 posts
2 reviews
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2. Re: Travelers Checks

TCs are becoming less and less accepted/used these days (not just in Barbados, but in general), but if you have your heart set on using them, here would be my suggestions:

Check to see if the hotel charges commission etc or if they offer a lower rate than the fixed 1.98 Barbados $ to 1 US $. If so, take them to a bank and cash them there.

Shops (particularly smaller ones) simply won't cash $100 TCs and will be reluctant to cash $50, take smaller denominations if possible.

You will probably need to have your passport with you wherever you cash them.

Tulsa, Oklahoma
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10 posts
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3. Re: Travelers Checks

Thanks...We will be there for 2 weeks so I don't want to bring thousands of dollars US in cash. Would you agree that travelers checks are the smart way to get the money there? Our Visa card charges a 3% fee for international use or we would us that all the time. Do most places take visa?

4. Re: Travelers Checks

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Atlantic Shores...
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2,121 posts
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5. Re: Travelers Checks

You're missing the point. As jesmp pointed out, most US bank cards charge a 3-4% foreign transaction fee every time they are used. That's a significant expense over the course of a holiday. For example, paying the balance of the hotel with local currency or traveler's can save a lot of money for the actual holiday, as opposed to putting even more money in the banksters' pockets.

Add in a car rental, a night out at the Cliff or Tides, plus an excursion or two and that extra 3% adds up quickly.

Dartmouth, Canada
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6. Re: Travelers Checks

We are going to Barbados for the first time in April for 2 weeks. Have been to St Lucia and ATM and credit cards are the way to go. You don't have to carry large amounts of cash or hassle with the travellers cheques.

Make your bank aware of your vacation timing as sometimes they cancel cards when they are used in places you don't normally go.

The other upside is you will be using local currency and won't have to worry about exchange rates.

Dartmouth, Canada
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7. Re: Travelers Checks

Just noted bpfifes post.

That's enough to make you want to get a Canadian $ acct. with Scotia Bank, there would be no fees as there are several on the island.

Atlantic Shores...
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8. Re: Travelers Checks

There are a few US cards that don't impose a foreign transaction fee, Capitol One being the most notable. Certainly a consideration for US folks who frequently travel internationally.

I think I've posted this link before but here's a list of most US credit/debit cards and their foreign transaction fees:

flyerguide.com/wiki/index.php/Credit/Debit/A…

"That's enough to make you want to get a Canadian $ acct. with Scotia Bank..."

In addition to ScotiaBank, there are several branches of Royal Bank of Canada, including one conveniently in St. Lawrence Gap.

9. Re: Travelers Checks

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