Sunday Reader Questions

Sunday Reader Question: taking money out for travel?
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Sunday Reader Question: taking money out for travel?

It’s always a good idea to have some local currency when travelling, for street food, miscellaneous expenditures, tips, etc. Some people go to currency exchange shops to take money out before their trip, or to a bank. Others have it delivered via a special service, or take it out locally. So what is the best way to take money out for a trip?

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Sunday Reader Question: When should I keep a credit card past the first year?

There are many excellent credit cards out there for churning. However, sometimes it makes sense to keep a credit card past the first year and pay an annual fee. Rarely does this apply for cards simply because of their rewards program, but because of their warranty and insurance programs.

Sunday Reader Question: How many AMEX cards can I apply for in one day?

American Express offers some excellent churning cards, such as the 25,000 no-fee AMEX Gold Card [this is a referral], and the 60,000 AMEX Platinum card [this is a referral]. Many people will go on an “app-orama,” applying for a bunch of cards, including numerous AMEX cards, in a single day. There’s nothing wrong with this. Indeed, you can apply for as many AMEX cards you want in a single day, however, you won’t be instantly approved for all of them.