Credit card vs. ATM vs. travelers’ checks
My wife, Glenda, and I traveled in Central Europe for a month in fall 2005 and used two credit cards for purchases and services (an American Express card and a Citibank MasterCard) and one debit card for ATM cash withdrawals (a Visa card obtained from our credit union). After returning home, we compared the exchange rates we obtained when we used two cards on the same day. We did not use all three cards on the same day so don’t have a valid 3-way comparison.