TO WHOM IT MAY CONCERN I will be soon travelling outstation. but before i do so i would like to know if when i am travelling it is better to use the credit card for settling hotel bills or better to pay cash. When i use the Credit card i will be billed inmy local currency when i reach back home. I hvae a Standard Chart Credit card. And would like to know if i pay through credit card do i benifit in terms of the bank exchange rate.
Credit card companies generally offer a much better exchange rate than if you go to a currency exhange station.