There is a plethora of factors that will undoubtedly affect your decision over which back to choose. There are a few more associated with which accounts you should opt for as well, so  take time to compare bank accounts. This is very much the case if you plan on travelling around the world. You need to have a system that can protect your money as safely as possible and also can give you direct access when and where you want it.

Over the recent years, technology has evolved, and there are so many available options when it comes to managing our money. Most banks will charge you a small fee(conversion fee) for the privilege of using your money in a foreign country. This is just the cost of doing business and can’t be avoided. The banks have to make money after all. If you go over your limit, you will also be hit with a cash advance fee so you need to take this on board too.

The most accepted account for using as your travel account is a current account. It will give you the best flexibility when you’re country hopping on your trip. Be sure and find out if your ATM or debit card that’s linked to the account will be accepted in all the countries that you plan on visiting. That wouldn’t be a good scenario to be in without a backup plan.

If you are afraid you might lose your ATM card, then a very easy trick would be to open up a second current account and bring the ATM card from that account with you as well. It will give you peace of mind knowing that if you ever lost or damaged your card, that you had a second one ready to rock.

With transaction fees, and exchange rates all costing us money each and every time we take money out, you need to know exactly how much your bank is charging you. These little fees all add up and over the course of a few months they can develop into decent chunk of change.

Another tip is to ensure that your bank provides an online banking service as without this, you are limited with your options. You want to be able to transfer money from your credit card to your ATM card and vice versa, and without online banking, you can’t do this.

Finally, make sure that their online security methods are up to date and sufficient. You want your hard earned cash to remain safe as you pebble dash the globe!