Taking multiple payment options
It's a tough question to answer - what is the best way to pay for things overseas? In general most people find that taking a combination of options is the best choice. If you take several ways to pay then you're more likely to be ready for any situation that comes your way.
Firstly, you'll need to wrap your head around exchange rates. The exchange rate varies with market fluctuations. These changes are hard to predict and getting your money organised early may save last-minute headaches. Find out more about how exchange rates work
Think about carrying some cash in case of emergency and to make purchasing small items easier. Don’t carry large amounts, and keep what you carry in a safe place.
If you’re leaving Australia, you may consider getting some foreign currency before you go. You can obtain foreign currency from most banks but keep in mind it may take a few days to arrive depending on the currency. Some banks also offer cash packs - a selection of foreign currency in a convenient pack with a range of foreign currency notes. Limits for buying and selling may apply.
Prepaid travel cards
Prepaid cards give you access to your own money. They work just like a credit card, however, you're using the money you have loaded onto your card. (This is not to be confused with your everyday Debit card which provides access to your everyday account.)
Check with the provider about transaction fees, ATM withdrawals and if the card is likely to be accepted in the areas you're visiting. Some cards also carry security protection which may assist in the event of the card being lost or stolen.