cash when you need it.Ĭheck on Discounts for Canadians and Cheap Flight Options It also enables you to save on fees and offer the convenience of accessing U.S. , eliminating the need to carry large amounts of U.S. Also some U.S.-based bank accounts allow you to access cash directly from ATMs in the U.S. currency with you, exchanging it before you leave Canada may help you save on fees and commissions charged by exchange kiosks, hotels and foreign banks. You can convert smaller amounts when the exchange rate is favourable and transfer to your U.S.-based bank account over time.Īnd if you are planning on taking U.S. This way, you don’t have to convert all your money upfront to pay for the tip. If you have a U.S.-based bank account, you can gradually start saving for your trip. The stronger the Canadian dollar is, the further your travel funds will go, so it can be advantageous to book your flights, hotel and prepay for items like park tickets or meal plans when the CAD exchange is higher. If you’ve been planning your trip for months, you’ve also probably been watching the exchange rates, wondering what they will be like when it’s time for your family trip to Walt Disney World. Book Your Trip When the Exchange Rate is Favourable
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