FAQ: American Express® Travelers Cheques

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Is there a better way to travel without bringing so much cash?

Yes, American Express® Travelers Cheques are a great option for traveling abroad without taking a lot of cash, making the trip easier and safer for you. American Express® Travelers Cheques are accepted like cash in thousands of places worldwide. The best part is if your cheques are lost or stolen, you can be refunded, giving you added peace of mind when you are far from home.

 

What are travelers cheques?

Travelers cheques are cheques with a fixed monetary amount that can be exchanged for currency of the location you are visiting. Many merchants across the world accept them like cash. They are a great choice when traveling, because unlike credit cards, travelers cheques are not tied to your bank account, and the amount of your checks can be refunded should they be lost or stolen.

 

What are the benefits of travelers cheques?

The biggest benefit is that should your American Express® Travelers Cheques get lost or stolen, you will be refunded for the full amount.

American Express® Travelers Cheques are not tied to your bank account, so no personal information will be lost.

Another benefit to American Express® Travelers Cheques are the potential savings. You can save money by not paying any withdrawal fees at foreign ATM machines. You can also buy your American Express® Travelers Cheques when the foreign currency exchange rate is in your favor, giving you more for your dollar. It may even help you stay on budget during your vacation, because just like cash, once you use your American Express® Travelers Cheques, they’re gone.

 

What other ways can I use American Express® Travelers Cheques?

It’s not a bad idea to keep some cash around the house. And for those who like to stash their money in mattresses, American Express® Travelers Cheques can be a much safer option. With Cash, if it’s gone, its gone. With American Express® Travelers Cheques, if it’s lost or stolen, it can be refunded.

 

TSB customers may purchase American Express® Travelers Cheques with NO fees.

Now that’s peace of mind.