![\"Lugging](\"https:\/\/www.you.co\/en-SG\/wp-content\/uploads\/sites\/2\/2018\/12\/cash-_-carry.jpg\")
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If it\u2019s just a weekend trip to Malaysia, carrying hundreds of dollars isn\u2019t that big a deal. But when you’re going on a long trip to the US or Europe, you might have to carry thousands of dollars or even more \u2013 and losing your bag or wallet comes at a greater risk. Even with multiple wallets, you\u2019ll always need to tally your cash to make sure you have it all together. When you’re travelling, the last thing you want is to double as a security guard AND an accountant.<\/span><\/p>\n YouTrip Fix: Simply top up sufficient amount in your mobile wallet and you’re ready to spend anywhere in the world.<\/strong><\/em><\/p>\n How often do you come to the end of a trip only to realise you still have excess foreign currency left? It\u2019s definitely not worth converting your money back to SGD, so you store them in your \u201cmy next trip\u201d wallet. However, you\u2019ll be subjected to fluctuating exchange rates<\/a><\/span> and your foreign currencies may just devalue when you finally take that next trip.<\/span><\/p>\n YouTrip Fix: If your Tokyo Disneyland is JPY \u00a57,400, simply top up the SGD equivalent of JPY \u00a57,400. What\u2019s more, Wholesale Exchange Rates<\/span><\/a> are better than the money changer\u2019s. How\u2019s that for a change?<\/em><\/strong><\/p>\n It\u2019s only natural that the best rates in town<\/a><\/span> have long queues. So if you want good rates, expect to wait. On top of that, you\u2019ll have to make it before the money changer closes, so that means either crowding during lunch or rushing after work.\u00a0\u00a0<\/span>Or worse, you could even risk <\/span>getting fake money<\/span><\/a><\/span> after all that effort.<\/span><\/p>\n YouTrip Fix: You’re given\u00a0<\/em><\/strong>24\/7 access to currency exchange so that you can spend on the go, and even lock down a good rate whenever you see one (for 10 major currencies).<\/em><\/strong><\/p>\n When you make card payments overseas in a foreign currency, the bank charges a 2.5% to 3.5% admin fee to convert your SGD to the merchant\u2019s currency.\u00a0<\/span>You might also be offered to pay in SGD \u2013 a process called Dynamic Currency Conversion (DCC)<\/a><\/span>, offered by merchants to display your transaction in SGD. It usually comes with a hefty markup up to 5%+.<\/span><\/p>\n YouTrip Fix: The JPY \u00a57,400 ticket only costs SGD $90.21 when you pay with YouTrip, instead of $94.72 with bank-issued cards.\u00a0<\/em><\/strong>(Rates accurate to 21 Oct 18 5:43pm)<\/p>\n Card skimming is also not uncommon, where thieves install illegal devices on top of real card readers to steal card information for personal use. Dishonest merchants can also make fraudulent charges when you attempt to pay through bank-issued cards<\/a><\/span>.\u00a0<\/span>Losing your card overseas is equally distressing \u2013 anyone who gets hold of your card can go on a shopping spree before you can even contact your bank in time.<\/span><\/p>\n YouTrip Fix: If you ever lose your YouTrip card or notice that something is amiss, the one-tap lock function instantly blocks it. Through instant notifications, you\u2019ll also be able to see unauthorised transactions in real-time.<\/em><\/strong><\/p>\n Whether you\u2019re travelling for work or leisure, the last thing you need is money headaches tripping up your plans. Leave your money headaches to us and start planning for your next trip!\u00a0<\/span>Here’s 5 cheap getaways<\/a><\/span> for June holidays this year.<\/span><\/p>\n <\/p>\n Read:\u00a0How I Lost S$9,000 in Tokyo, Japan<\/a><\/span><\/strong><\/p>\n Read:\u00a05 Unique Getaways for Chinese New Year Holiday 2019<\/a><\/span><\/strong><\/p>\n Read:\u00a0PayPal Currency Conversion Guide 2019<\/a><\/span><\/strong><\/p>\n Read:\u00a0Fluctuating Exchange Rates and How to Take Advantage<\/a><\/span><\/strong><\/p>\n Read:\u00a0Fake Foreign Currencies & How to Avoid Them<\/a><\/span><\/strong><\/p>\n
\nHeadache #2: Excess Cash<\/b><\/h3>\n![\"Excess](\"https:\/\/www.you.co\/en-SG\/wp-content\/uploads\/sites\/2\/2018\/12\/excess-cash.jpg\")
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\nHeadache #3: Queueing and Opening Hours<\/b><\/h3>\n![\"Money](\"https:\/\/www.you.co\/en-SG\/wp-content\/uploads\/sites\/2\/2018\/12\/queue.jpg\")
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\nHeadache #4: Hidden Card Fees<\/b><\/h3>\n![\"Hidden](\"https:\/\/www.you.co\/en-SG\/wp-content\/uploads\/sites\/2\/2018\/12\/hidden-fees.jpg\")
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\nHeadache #5: Card Theft<\/b><\/h3>\n![\"Credit](\"https:\/\/www.you.co\/en-SG\/wp-content\/uploads\/sites\/2\/2018\/12\/card-insecurity.jpg\")
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![\"\"](\"https:\/\/www.you.co\/en-SG\/wp-content\/uploads\/sites\/2\/2018\/12\/5_728-x-90.jpg\")
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