Travel insurance and bank card in Argentina? Urgent
FR

Translated into English.

Original post
CH
Need your advice—this is a bit urgent! 😅

I’m leaving in 1 month for 7 months in South America (mainly Argentina, with a quick stop in Chile and Bolivia). I still haven’t decided on: 👉 Travel insurance. 👉 The best bank card for abroad.

I’m a bit behind schedule and would really love your feedback: 👉 Which insurance do you recommend (reliability in case of trouble)? 👉 Which bank do you use while traveling to avoid fees (mainly in Argentina)? Boursorama? 👉 Any idea about fees with Western Union?

For now, I’m planning to bring as much cash as possible to avoid fees and exchange money locally. My bank (La Poste) gave me a Visa Premier for insurance/repatriation, but after reading the terms, I see it’s limited to 180 consecutive days—so 6 months, not 7.

Thanks in advance for your tips—it’ll help me make a decision quickly! :)
TR Traplina Regular ·
For now, I’ve planned to travel with as much cash as possible to avoid fees and exchange money.

At the moment, and at least until the next elections, the official dollar (and euro), the blue dollar, and the MEP are roughly equivalent, with only minor differences in decimal percentages. Having cash on hand is convenient, but carrying too much can be a hassle. Sure, you might lose a few pesos using Western Union or paying for some expenses by card, but you gain peace of mind in return. Cash is still very useful (especially for discounts), but depending on the area, in remote towns, exchanging euros isn’t always easy. Plus, exchanging euros for dollars before leaving reduces some of the advantage of exchanging in Argentina. Personally, I think Western Union is a good option for cash, and I’ve even started using my basic Visa card again for some larger expenses (and the 2.5% fee isn’t too bad).
TA Tatra Globetrotter ·
Hi,

My bank (La Poste) gave me a Visa Premier for the insurance/repatriation coverage, but after reading the terms, I see it’s limited to 180 consecutive days... that’s 6 months, not 7.

It’s 90 days.

Michel
MA Mancineus ·
Hi there,

I’d suggest checking out this comparison guide put together by Tourdumondiste.

https://www.tourdumondiste.com/argent-carte-visa-master-card-tour-du-monde

Personally, I went with Hello Prime as my no-fee card for abroad.

Safe travels! !
"Je réponds ordinairement à ceux qui me demandent la raison de mes voyages que je sais bien ce que je fuis, et non pas ce que je cherche." Montaigne.
DJ Djackx67 Veteran ·
Ugh, more fee stories. To make it clear, you will ALWAYS have withdrawal fees when you take out money, no matter your bank, your options, or your card—it’s SYSTEMATIC. So stop believing you’ll have zero withdrawal fees. These are what I call ATM fees; there’s nothing you can do about them—it’s just how it is. The simplest thing to do regarding your bank, which charges you foreign withdrawal/payment fees, is to ask if they offer an international option for your bank card. My bank, SG, does this. It costs me 17 € per month, and I have no withdrawal or payment fees, no matter the country. However, ATM fees vary between 2, 3, or 5 € PER WITHDRAWAL, regardless of the country or bank... Western Union fees usually hover around 10 € per transfer.

As for carrying cash around to exchange, you’ll still pay fees. The person changing your money takes a commission, which you’ll pay... so you might as well withdraw from a local ATM. It amounts to the same thing, plus you’ll get the day’s exchange rate.
TA Tatra Globetrotter ·
Hi Jacques,

I don’t think we can generalize that much—there are countries where ATMs don’t charge fees themselves, or at least some do. I’ve heard that’s the case in Australia, New Zealand, and Canada. I know in non-euro Scandinavian countries, you can find ATMs that don’t charge their own fees, as well as in the UK and maybe Japan.

My bank, SG, does this—it costs me 17 € per month, and I have no withdrawal or payment fees, no matter the country.

I think that’s extremely expensive.

Michel
DJ Djackx67 Veteran ·
I was talking here about ATMs in Latin America :)
TR Traplina Regular ·
....so you might as well withdraw from a local ATM, it amounts to the same thing, plus you’ll get today’s exchange rate.

Yes, in most countries, but I don’t think that really applies in Argentina, which has been a bit of a special case for quite some time. I’ve lived there for eight years and I’ve never once made a withdrawal from an ATM with my French bank card.
LA Lapresse2 Veteran ·
Hello, After several trips to Bolivia, Peru, etc., we’ve always withdrawn cash from local bank ATMs or paid by card. Sure, there are some fees... but you can negotiate them when you get back if you’re on good terms with your banker. For insurance, after a major health issue, we were repatriated by our MAIF insurance. Otherwise, the Visa Premier card can also cover that. Safe travels!
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TR Traplina Regular ·
Hello, After several trips to Bolivia, Peru, etc., we’ve always withdrawn cash from local bank ATMs or paid by card. Sure, there are some fees... but you can negotiate them when you get back if you’re on good terms with your banker.

The issue in Argentina doesn’t come from French, European, or other banks—it’s the Argentine banks. They charge very high fees for every ATM withdrawal with a foreign card, and the withdrawal limits are extremely low. These limits are often even lower when you leave the big cities, forcing you to make a ton of withdrawals. (And I’m not even mentioning the lines that can last an hour or two at the only ATM in a touristy village—especially at the start of the month or end of the week—or the ATMs that run out of cash, particularly on weekends)

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