I never understand why people still use traveler's checks when they can use the ATM! If you are worried about some type of electronic scam, why not open a separate savings account just for vacation purposes? Savings accounts are usually monthly fee free and often you have a number of free ATM uses per month! So, you don't pay traveler's check fees, you don't pay exchange commissions, you get the best exchange rate...why do traveler's checks even exist?
