Protect Yourself from ATM Abuse: Tip-of-the-Day #324

Just before a recent trip overseas, I popped into my closest bank branch to see about procuring some local currency before hitting ground. I was quickly informed that an even better solution would be to set up an account strictly for travel. That way, it won't be linked to any of my primary banking features (Bill Pay, Automatic Deposits, etc.) and I would be issued a second ATM card with a unique pin. I loved the idea because I'd been told by several people that Amsterdam was known for ATM fraud and "pick pocketers" (along with the Van Gogh, fun Coffee Shops and great restaurants, of course).

In real time, my personal banker opened a fee free account, created a temp ATM card and transferred several hundred dollars into the account from my primary checking to get me started. Fast forward a week and I was relieved when I used the ATM in the airport because I knew that no matter what happened, it would only happen to approximately $400 of my dollars (or however much you decide to put into that "travel account").

Consider this the next time you venture overseas. Also a good idea to separate ATM cards/accounts for nights out on the town (hey, when drinking's involved why not?), street fairs (i.e., slipping that card in your pocket vs. tucked securely into your purse), etc..

If you don't have the time or flexibility to hit your bank before travel, you can also apparently set this up online.

Note: this article recommends having three bank accounts! A personal checking, a travel checking and a travel savings. Other good tips on how to avoid exorbitant ATM fees as well....enjoy!

Bags in 20 Mins or Get 2,500 Miles: Tip-of-the-Day #323

Delta is making a bold play in the baggage delivery business: now through March 31st, if your checked bag doesn't arrive at the carousel in 20 minutes or less, you'll receive 2,500 bonus miles for your trouble (applicable for any domestic flight). 

You need to be a SkyMiles member at the time of travel to be eligible and requests for multiple flights must be submitted separately. You also need to be a little patient because it could take up to two weeks after submitting your request for your bonus miles to appear in your account.

But hey, sounds like they're gonna take your word for it when you submit this claim form.  

Ironically, I just flew Delta to Amsterdam and waited much longer than 20 minutes for my bag to arrive...but alas, they got me on the fact that it was an international flight. Doh!