All,
Changing money is where you can lose big when traveling.
Some ATM cards can be used over here, but the
spread can kill you. When I use a Japanese ATM card in New Zealand the rate is 10% higher than what it is on the market. Ie, if I withdraw $1000 I lose $100 instantly.
Just ask Kyle about this, it's really important to be organized with your money. Finding an ATM that will accept your bank card may be difficult or might not even be there. Kyle had real issues with his BOA card and spent good chunks of his time dithering around trying to get money out, and when he did he didn't get enough which led to more dithering. When you can't talk the language or read street signs that's a lot of dithering.
- Japan is a CASH society. A few restaurants wont accept credit cards, and unless yours is a MasterCard or Visa you're likely to be SOL.
- Please bring at least 50,000 yen in cash with you regardless of what plastic you carry. Japan is the safest place in the world to carry cash, the only place you should need to be remotely careful is the youth hostel in Hiroshima
- I don't know which ATM cards will work within the vicinity of the Gramercy, or at the Gramercy itself. I assume you can cash advance on major credit cards (I do it with my Citi one) but not sure what the spread rate is so please check with your bank in the USA. It may pay you to send the Gramercy staff a note and asking what they support
- Make sure your Bank Card has a Cirrus/Plus mark on the back of it
Lastly, the ATM technology here isn't great. You can assume that whatever people tell you in the states will be wrong about which ATMs support your card. Dozens of friends have turned up and found that surprise surprise, their bank teller in their home town of 3,000 people was incorrect that they'd be able to get money out anywhere. I'm not joking about the 50,000 yen. It may seem like a lot but this is one of the most expensive places in the world, and also the safest.
« Last Edit: October 12, 2009, 10:52:55 PM by underclass »

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