Travel Card for South Korea?

PeeDee on 13/01/2017 - 22:59

I'll be going to Korea in a few weeks and am looking for a good travel card. I hear that's the best way to use your money. I'm wondering what your recommendation is on one for Korea.

Thanks in advance!

I'm with St George bank.

Financial

Comments

  • danny1213 on 13/01/2017 - 23:39
    +3

    Sign up to Citibank. Travel cards are SH**. No international transaction fees with Citi debit card.

  • Caped Baldy on 13/01/2017 - 23:48
    +1

    Hi I just got back from there a couple weeks ago. It's largely a cash country. So best to get a citibank plus card and load it with some cash.

    I traded money at wexchange as it was one of the few places that stocked SK won and had the best rates I could find. When I landed it seemed that just about every currency exchange place had better rates than in Australia. Best to avoid exchanging at the airport though.

  • jiberz on 14/01/2017 - 11:27

    Unless you are buying stuff from street vendors, everyone uses credit cards there because their rewards systems over there are significantly better than here. Now I myself don't know about but don't a lot of people here use those 0% conversion fee cards when they travel? Just remember to get a t-money card at the airport and load it up for all the public transport. Carrying cash in Korea is a pain in the arse. Because they only use $1,5 & 10 dollar (equiv) notes(there is a 50 but it isn't used enough). So if you have a couple of hundred you won't be able to close your fat wallet.

    • retiredfeline on 14/01/2017 - 11:32

      I certainly had and used a few 50,000W notes and their ATMs allow you to select the mix of 10k and 50k notes, maybe you didn't use that feature. No different from here with the $20 and $50 notes. Hotels and guesthouse were happy to take cash.

      • jiberz on 14/01/2017 - 22:42

        When I was living there from 06-11 the 50 was introduced but rarely available. I guess it had finally become mainstream. Because it certainly wasn't for the for a few years after it was released.

  • Findo on 15/01/2017 - 17:05

    I went to Korea a few weeks ago and almost every business prefers cash. Not sure if that's got anything to do with tax evasion though, the concept of income tax was foreign to one of the workers I befriended at the guesthouse I was staying in.

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