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Red Rocks Credit UnionJun 3, 20242 min read

Traveling Safety: Tips to Protect Your Finances on Vacation

Traveling Safety: Tips to Protect Your Finances on Vacation

Traveling is an exciting experience that offers new sights, sounds, and flavors. However, amidst the excitement, it’s essential to safeguard your finances. Here are some crucial tips from Red Rocks Credit Union to ensure a worry-free vacation:

1. Notify Your Financial Institution

Before beginning your trip, make sure you inform your credit union or bank about your travel plans. This step is simple yet often overlooked. Doing this will prevent your financial institution from flagging your transactions as suspicious due to unusual activity in unfamiliar locations. Doing this has been made easier recently as many financial institutions offer online portals or mobile apps where you can put in your travel dates and destinations which will help ensure seamless card usage. For easy access visit and select Visa Travel Notification.

2. Use Secure Wi-Fi Networks

While it may be tempting to connect to free Wi-Fi hotspots at airports, cafes, or hotels, these networks can pose a significant risk to your financial data. Cybercriminals often will lurk on public Wi-Fi networks and intercept sensitive information like credit card details or login credentials. To help prevent this, opt for secure networks with passwords provided by reputable establishments, or consider using a VPN (Virtual Private Network) for an added layer of protection.

3.  Avoid Currency Exchange Scams

When traveling abroad, exchanging currency is inevitable, but it’s important to be cognizant of exchange scams that can deplete your funds. Stick to reputable currency exchange offices or banks, and ALWAYS research the current exchange rates to ensure you’re transaction is fair. Be cautious of individuals offering currency exchange services on the street, as they may provide counterfeit money or offer rates far below market value.

Another option is to use your Red Rocks Visa Debit or Credit Card. For a 1% fee of the transaction total Visa will shop the best conversion rate at the moment and convert the funds to the US dollar. Visit for more information regarding our Visa cards.

4. Utilize Digital Payment Methods

This world is becoming increasingly cashless, with digital payment methods offering convenience and security while traveling. Consider using contactless payment options like mobile wallets or travel-friendly credit cards that are equipped with chip technology. Not only do these methods streamline transactions but they can also minimize the risk of theft or loss that is associated with carrying cash.

5. Monitor Your Accounts Regularly!

Even with all of these measures in place, it’s essential to stay vigilant by monitoring your accounts regularly. Always keep track of your transactions through online banking and immediately report suspicious activity to your financial institution. Through staying proactive, you can find and address potential security breaches before they become larger issues.


Traveling and going on vacation should be a time for relaxation, not anxiety over financial safety. By following these tips, you can protect your finances and enjoy a worry-free vacation. So set sail and enjoy your vacation!