Using Travelers Cheques and Travelers Cheques Cards in New York City

Personally, I think Travelers Cheques are most useful for use as an emergency fund. Most travelers will get the best rates and most convenience from using ATMs to access money during their visit to New York City.

Travelers Cheques

• Travelers cheques issued in American dollars are accepted at many large stores, restaurants, hotels and more.
• You can convert your American Express Travelers Cheques into cash with no fee at any American Express Travel Office.
• Travelers Cheques issued in other currencies will need to be exchanged for cash -- you can't spend them directly at stores and restaurants.
• You will need to present photo ID (passport, driver's license, etc.) when paying with a Travelers Cheque.
• Travelers Cheques offer protection against loss or theft.
• Popular Sources of Travelers Cheques
  • American Express Travelers Cheques - can be issued for a single user or for two users.
  • AAA Travelers Cheques
  • Visa Travelers Cheques

Preloaded Travel Cards

• This fairly new option affords you the preferable exchange rates available for ATM/credit card use, but with the security of Travelers Cheques.
• There is typically a charge for issuing the card, as well as a minimum deposit. The issuer also normally charges for cash withdrawals at ATMs.
• Preloaded travel cards are available from American Express, Thomas Cook, AAA and Visa.

Travelers Cheques Tips for International Visitors

• Cheques issued in US Dollars will be more convenient to use once you arrive in the United States.