Don’t Get Scammed Portugal ATM - Avoid Any Dangers

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  • Опубликовано: 9 июл 2024
  • Using ATM's in Portugal for non Europeans, there are scams in every country, we highlight the common ones you will see in Albufeira, The Algarve, Portugal and including Lisbon and Porto.
    Being pre warned is your protection before you travel to Portugal and you are able to make informed decisions when using an ATM anywhere in Portugal. Cash is still king in small business's and taxi transportation.
    Learn from our mistakes and save money when using ATM's in Albufeira The Algarve Portugal.
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Комментарии • 197

  • @ThisIsOurRetirement
    @ThisIsOurRetirement  10 месяцев назад

    Our Portugal video playlist is here, free to watch: ruclips.net/p/PLEBCFC61BCD28CADB

  • @theacase8738
    @theacase8738 10 месяцев назад +3

    I am with you on the cargo pants/trousers. They are not high fashion, but are high function.

  • @dellnichols4625
    @dellnichols4625 10 месяцев назад +9

    When we travel we only use the ATM at a bank that is OPEN. Once a traveling companion had her card “eaten” by the ATM machine at a bank that was closed for the night. Fortunately we were staying the next day in the same city so she could go to the bank the next morning to retrieve it.

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  10 месяцев назад

      That’s a great tip Dell didn’t think of that Cheers 🙂👍

    • @Fegga1955
      @Fegga1955 19 дней назад

      😢😢

  • @skyluke4972
    @skyluke4972 10 месяцев назад +14

    I like Norms humour...."were poor" yea right as the old saying goes..."He who claims poverty... is the richest of all"

  • @debramck6231
    @debramck6231 10 месяцев назад +5

    All good information. I would stress that pickpockets are far, far! more common in Europe than in North America . Keep your cards and cash and passports in your moneybelt, even in "safe" areas, because yes, you do indeed look like a tourist (easy mark) even if you don't think you do. Nothing like reaching into your pocket to find another hand already there to learn that lesson. A couple of euro in your purse or wallet, no harm done if lifted, a much different story if it's your passport or credit card.

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  10 месяцев назад

      Thanks for the tips! glad you enjoyed it Debra Cheers 🇵🇹🇺🇸🍻🇨🇦🙂

  • @nancyglassman9979
    @nancyglassman9979 10 месяцев назад +18

    My husband and I have just retired and have been watching you for months and months and can’t wait to go on our first trip to Portugal. Just love watching you guys.❤

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  10 месяцев назад +1

      Thank you so much Nancy, we wish you a great trip!

    • @veravera2535
      @veravera2535 10 месяцев назад

      Good morning sir, please I need financial help. Thank you

    • @veravera2535
      @veravera2535 10 месяцев назад

      I don't have a job.

    • @maureenlowther7621
      @maureenlowther7621 10 месяцев назад

      Love your videos we lived in Spain for 10 years but always used our credit card but made sure it was paid in Euros and not English pounds because we got a better rate of exchange by our Nationwide credit card.❤️❤️

    • @elainehamlyn
      @elainehamlyn 10 месяцев назад +2

      Excellent tips. We took a first trip to Portugal a few months ago. We did struggle with banking charges and appreciate this video for future reference. 💸

  • @freddieqmercury5961
    @freddieqmercury5961 10 месяцев назад +2

    I learnt my lesson about keeping my wallet in my back pocket, after it slipped out in a cinema, it had my rent money in, this was years ago. Ever since I have kept it in the front, but I see that there are really good anti theft bags, for valuable’s now.

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  10 месяцев назад +1

      Yes Tina’s bag has wire in the shoulder strap and locks on zippers.

  • @lotte7171
    @lotte7171 10 месяцев назад +11

    Albufeira is THE place in the Algarve to get scammed in many different ways....I would advise you not to take bills with you higher than 20 euros.
    I'm happy for you that you are finally able to travel to Portugal again. I'm curious how you'll experience it now.

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  10 месяцев назад +3

      Great tip we haven’t been there for 3 years so very excited thanks for watching Cheers 🇵🇹🍷🇨🇦🙂

  • @billyb5057
    @billyb5057 10 месяцев назад +3

    cool t shirt yes sadly nowadays have to be constantly aware of scammers and thieves
    *thumbs up👍Au💯full viewed😀*

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  10 месяцев назад +1

      It is a thing unfortunately 😀😀👍🇨🇦🇦🇺

  • @neilrankin9945
    @neilrankin9945 10 месяцев назад +4

    Loving the multiple RUclips videos every week. Who would have thought your viewers would binge watching your videos. Lol.

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  10 месяцев назад +1

      Thanks Neil , we are trying it out on a Tuesday and Saturday to see what happens Cheers 🇵🇹🇨🇦🍷🙂

  • @cyndydealmeida4085
    @cyndydealmeida4085 10 месяцев назад +3

    My husband was Portuguese, but he still got pick-pocketed. Very upsetting. This was many years ago after a football match in Lisbon. Should have known better. However, we each bought from the then Canadian company called Tilley, their pocket vest. They are all over the place nowadays. I called them fishermen's vests, but we even saw them in various markets. Forever after we wore them at the airport and travelling around Europe. They had plenty of pockets and thus freed up myself from ever carrying a handbag. Inside pockets were aplenty too. We could stroll around just carrying a local supermarket bag, and perhaps we looked like locals !!! Never ever got anything removed from us again.

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  10 месяцев назад +1

      Great idea Cyndy we are familiar with Tilley , helps keep weight down in your suitcase as you are wearing some of it LOL 😂Cheers 🇵🇹🙂🇨🇦

  • @ingbrown1024
    @ingbrown1024 10 месяцев назад +3

    Having spent two years living in Portugal, my husband and I, your tips are great! I have an account with a credit union here in Toronto that is a no fee bank. I was asked however while in Portugal not to use my debit card for all those small coffee type purchases or a glass of wine at our favourite spot on the beach (in Areia Branca). So we did get into what the two of you do. Pull out money once a week or so, and use our credit card for grocery shopping at Lidl. Although we lived there for two years, we of course made sure to fly back regularly to keep our OHIP current. Thanks for all the great tips. Hubby now carries a cross over body bag (small one) to keep his wallet and cell phone safe and within easy reach. This small bag is also safe from any scanners. Thanks again for the great content.

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  10 месяцев назад +1

      Your very welcome glad you enjoy our videos Cheers 🇨🇦🙂🇵🇹🍷

  • @dovygoodguy1296
    @dovygoodguy1296 5 месяцев назад

    You guys are terrific...so down to earth for folks in our generation....

  • @Jocantral
    @Jocantral 10 месяцев назад +3

    Great information here ...especially regarding the ATMs. Thanks so much. And this was a surprise seeing you on Tuesday! 🙂

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  10 месяцев назад +3

      Our pleasure! we are experimenting Jo with a Tuesday as well as Saturday thanks for watching Cheers 🇵🇹🙂🇨🇦

  • @AhJodie
    @AhJodie 10 месяцев назад +2

    You both look great! I keep looking at videos of Portugal, it seems so lovely. Thank you for the information. Cheers!

  • @nikkininedoor1480
    @nikkininedoor1480 10 месяцев назад +4

    These are a bunch of great Portugal tips, Tina and Norm. Thank you!

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  10 месяцев назад +1

      You are so welcome! Cheers 🇵🇹🙂🇨🇦🌺

  • @katec4096
    @katec4096 10 месяцев назад +5

    Hi. The reason they have a maximum of 200 is to charge you an atm fee each time. Most of the larger places take credit cards.

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  10 месяцев назад +2

      Thanks for the info , perhaps that’s true we take cash from an interact card not a credit card a lot cheaper Cheers 🇵🇹🍷🇨🇦🍻

    • @katec4096
      @katec4096 10 месяцев назад

      @@ThisIsOurRetirement Hi. I mean most restaurants and grocery stores take a credit card. You definitely should not use a credit card at an atm. I made so many mistakes my first trips to Europe. Many credit cards do not charge a foreign transaction fee now. But not all. Check before you go on your trip. Hopefully, I have learned from them. I was ripped off so very much for so many years when I started my vacations to Europe.

  • @kl9809
    @kl9809 10 месяцев назад +6

    Don't forget BOLT (another ride share) in Europe. We used them for getting around Lisbon in July. I think they are a bit cheaper than Uber. In the UK nothing is cheap but the train and bus.

  • @danitigges6105
    @danitigges6105 10 месяцев назад +1

    Enjoyed your Tuesday video!

  • @wilfs1196
    @wilfs1196 Месяц назад +1

    Enjoyed another one of your videos & always learning in preparation for our upcoming vacation. Several more to watch too !

  • @RetiredLovingIt
    @RetiredLovingIt 10 месяцев назад +1

    Great information guys!

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  10 месяцев назад +1

      Thanks for watching! have a great evening Cheers 🇺🇸🌺🇨🇦🙂🇵🇹

  • @Northern_Squirrel
    @Northern_Squirrel 10 месяцев назад +4

    Thanks for the tips Tina/Norm, when we went to Portugal earlier this year, we used a combination of cash and credit card. We don’t use ATM anywhere except for quick cash at home. I have all my credit cards within my Apple digital wallet and love the convenience, also used it in Portugal as well.

  • @terryevp4084
    @terryevp4084 10 месяцев назад +1

    Great Tips, Norm & Tina. Thanks very much for these great information..!!!

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  10 месяцев назад

      Our pleasure! have a great evening Cheers 🇵🇹🙂🇨🇦

  • @IamaDutch-Kiwi
    @IamaDutch-Kiwi 10 месяцев назад +1

    It's always great to have the expenses in one place so to speak. Using the CC is handy to keep an eye on all expenses. A small amount of cash at the ready is handy for small stuff. Good advice. Have a great weekend. 👌🇳🇱🙋‍♀🇳🇿😎🍷

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  10 месяцев назад +1

      Absolutely! and so many small restaurants and bars in Portugal 🇵🇹 only take cash 💰 have a wonderful weekend Anita Cheers 🇳🇱🍷🇵🇹🌺

  • @libbyannstew8775
    @libbyannstew8775 10 месяцев назад +4

    Another great video Norm & Tina; we got burned on the currency conversion fees so learned that lesson the hard way. We also like to use credit cards for groceries, primarily for expense tracking purposes. It really helps to be able to add up the total trip expense for budgeting purposes. Can’t wait to get back to Portugal!

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  10 месяцев назад +1

      We sound very similar Libbyann , we like cash and credit and we can’t wait to get back this Winter Cheers 🇨🇦🙂🇵🇹🍷

  • @FinancialFreedomLifestyle
    @FinancialFreedomLifestyle 10 месяцев назад +3

    Thanks for the info. We are heading to Portugal this week then over to Spain.

  • @AnnieTslp
    @AnnieTslp 10 месяцев назад +7

    Hi there, Tina and Norm. I was intrigued to hear that you travel carry on only. I am traveling to Portugal and Morocco in November and plan to go COO as well. Would you consider doing a video that outlines what you pack for a winter visit to Portugal? ❤
    Love your channel, take care, A

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  10 месяцев назад

      We have done something about carry on in previous videos, thanks for the suggestion. Have fun in Morocco we enjoyed our time there.

  • @Fegga1955
    @Fegga1955 19 дней назад

    Wow tyvm

  • @kv7654
    @kv7654 10 месяцев назад +1

    My husband and I absolutely love watching you. We so enjoy your tips, advice, and commentary.
    If you ever come to eastern Ontario (and you must - sooo beautiful) ….we’d love to show you around our beautiful town of Brockville. Also in our area, Merrickville and Perth are stunning.

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  10 месяцев назад

      Thanks so much for watching our channel we appreciate your support and glad you enjoy it , we used to live in Ottawa and yes those places are lovely Cheers 🍷🙂🌺

  • @user-ch5gf8en7x
    @user-ch5gf8en7x 6 месяцев назад +2

    Thanks for sharing your experiences on travels. Very interesting and genuine presentation.
    This will be our second winter break in Portugal and Azores and Algarve is our plans for 2024. So I will review your videos which you mentioned which no doubt will be helpful based on your more extensive travels to Portugal and the Algarve area.
    Your presentation on currency handling was great and we more or less use similar processes. We use our main Visa CDN credit card like both of you for air and accommodations and all other major expenditures that our Travel insurances on the credit card would provide coverage for. We also have a secondary Visa from a Canadian banking source for all groceries and other day to day expenses. This card does not have any additional bank fee for foreign currency. So the posted currency exhange on the day of transaction is what is charged (albeit any Credit Card has a small fractional fee added by Visa or Mastercard, etc.). And like both of you we also bring a small amount of cash. All seemed to work well this last winter in Maderia, Porto and Lisbon.
    Happy travels in 2024 Tina and Norm.

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  6 месяцев назад

      That’s awesome thanks for sharing we hope you have a great time in the Algarve too Cheers 🇵🇹🎄🙂🇨🇦

  • @starsmoon0216
    @starsmoon0216 10 месяцев назад +2

    A lot of scammers In Portugal. Beware!!!

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  10 месяцев назад

      Yes you do have to be careful when travelling anywhere Cheers 🇵🇹🙂🇨🇦

  • @clewis5220
    @clewis5220 10 месяцев назад +2

    Great video guys, I’ve heard it best to ensure you have small bills in local currency ready for taxi in case they say they have no change!

  • @frankquaresma8905
    @frankquaresma8905 10 месяцев назад +1

    Hey Norm, love the shirt!!!

  • @hugmetyt4ever
    @hugmetyt4ever 10 месяцев назад +3

    Hello Tina and Norm. It’s good to hear from you again… as always ❤
    There’s just one thing I would like to clarify. When you said to always pick home country for exchange rate. Is this for all country or just in Portugal?
    We went to japan early this year. And when we exchange our currency in the ATM, we actually didn’t pick our home country for exchange rate cause the exchange rate in Japan is way better. I appreciate your input on this. I always learn a lot from you guys. Thank you.

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  10 месяцев назад +1

      We were just talking about Portugal 🇵🇹 it is always better to have our home bank do the exchange, sounds good though in Japan if it worked better the other way Cheers 🇵🇹🙂🇨🇦

  • @jeffb1650
    @jeffb1650 10 месяцев назад +1

    Hi! We enjoy your videos. We opened a Schwab checking account and use a Schwab Debit Visa card everywhere in Europe. The card can be used anywhere that accepts Visa. No foreign transaction fees. No ATM fees. The conversion rate is as good as it gets. The only downside is that it can’t be used to rent a car. We use another Visa Credit Card for that.

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  10 месяцев назад

      Sounds great! don’t think that is available to us in Canada 🇨🇦 , thanks for sharing Jeff Cheers 🇺🇸🇵🇹🙂🍻🇨🇦

  • @juliedavid8863
    @juliedavid8863 10 месяцев назад +1

    Hi Tina and Norm, thanks again for this video it is very good information. I have one question what about the restaurants ? when you pay the bill and the 'interact machin' is asking you if you want to pay in Euro or Cad ?

  • @caroleanne8529
    @caroleanne8529 10 месяцев назад +3

    Thank you for a very informative video. Husband and I were very bored last winter and you make going to Portugal in January or February very enticing. So very much to figure out, so it is time for me to re-watch your Portugal videos. Can you share the names of any websites that you use to find an apartment in a hotel?

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  10 месяцев назад +2

      Just use Expedia, Tripadvisor and Google as a start then look at hotels direct there are so many available Air Transat does a deal with flights and an appartment for 21 or 28 days as a package Carolanne good luck we love visiting Portugal 🇵🇹 Cheers 🇵🇹🙂🇨🇦

  • @user-xg5fj2jh6s
    @user-xg5fj2jh6s 10 месяцев назад +2

    Hello Norm & Tina from the US. I am a new subscriber. Love your shirts Norm- all my favorite classic bands! You are both too darn cute. I enjoy your videos and this one particularly resonated with me- Great advice on the ATM's and foreign exchange fee's. I am soon to be in the Algarve for several weeks and will follow your lead. My husband and I will be renting a car and I was told to be sure to take photos of the car and odometer to avoid scams where they try and secure more money once the car is returned. Question for you both, can you please elaborate more on the Mastercard that you use that contains travel insurance and car rental coverage- do you need to get supplemental travel insurance or does this card give you enough coverage? I have been looking at the Chase Sapphire Reserve card. Trying to make the best decision and get the best perks. Thank you for all the wonderful videos.

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  10 месяцев назад

      Thanks so much for subscribing, we bought the optional travel medical insurance from MasterCard through our bank a long time ago. It gives everything apart from repatriation. Have fun in Portugal!

  • @paulhunter6652
    @paulhunter6652 10 месяцев назад +1

    Hi Norm and Tina! Cash is king and we take most with us. We also split our money, use money belts, safes and other safety techniques. We only use bank machines associated with Scotia Bank. Great shirt Norm. Pink Floyd 3X, Roger Waters 1X Australian and British PF shows. Again this fall at CITS Kitchener. We look forward to Portugal soon! Be safe. Cheers!

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  10 месяцев назад

      That is awesome! sounds like we think alike Paul when travelling, glad you like Norms shirt we can’t wait to be in Portugal 🇵🇹 again Cheers 🇵🇹🍷🇨🇦🙂

  • @user-kh8oi5xr1d
    @user-kh8oi5xr1d 10 месяцев назад +2

    We spent 3 months in Algarve in 2022 and used debit 90% of the time and carried very little cash. For the most part we only used cash at markets or small stores, taxis. Make sure you have right change or small bills for taxi, we got caught on that one and cost us double as driver said they had no change. Hope you have a great time in Portugal this year.

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  10 месяцев назад

      Thanks so much!

    • @quifix1
      @quifix1 8 месяцев назад

      Be careful with taxi drivers, there are dishonest people who even take longer journeys when they know the person is from another country in order to charge more. If you feel deceived, file a complaint with the police (GNR or PSP). Always ask for a receipt, it is mandatory for all sales, even if it is just 1 coffee. Some don't want to give receipts to avoid paying taxes and they do this a lot with tourists. You can use Uber in many places

  • @margaretbutterworth8162
    @margaretbutterworth8162 10 месяцев назад +2

    Regarding exchange rate manipulation by banks: its worth investigating Wise for transferring money between countries. They are very upfront about their fees and charges.

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  10 месяцев назад

      We will look it to that Margaret thanks 🙂🇵🇹🌺

  • @cindearbuckle6074
    @cindearbuckle6074 10 месяцев назад +1

    Hi great info on money ! Interesting topic . If you have money left do you exchange it back at a bank there when leaving ?

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  10 месяцев назад

      No we bring it home for the next trip , or if it’s a lot we pay it in to our bank here Cinde 🇺🇸🇵🇹🙂🇨🇦

  • @terrygelinas4593
    @terrygelinas4593 10 месяцев назад +1

    When I went to Germany or Australia, I got cash from the largest, most reputable national banks. Example Commonwealth Bank ATM in Australia, or Commerzbank ATM in Germany. Auto exhange rate was decent from Commerzbank machine ( Euro vs Canadian ). These big banks would have done business with my big Canadian bank - existing relationships for sure!

  • @pensacola321
    @pensacola321 10 месяцев назад +1

    When we were in Portugal we used very little cash. In fact when ever we travel outaide the country we charge wherever we can. You get the best exchange , and keeps things clean .
    We have also used Western Union . You get personal service and a competitive exchange.
    We avoid airport exchange.
    Truthfully, coming from the US, many places will take our dollars...

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  10 месяцев назад

      Great comment we do the same but cash sometimes is needed

  • @theneverendingjourneyoflif1482
    @theneverendingjourneyoflif1482 10 месяцев назад +1

    Another fact filled video .....We havent comment recently but we never miss Norm and Tina!

  • @johnbilinski6830
    @johnbilinski6830 10 месяцев назад +2

    Very informative, thank you for your insight. I have been to Portugal at least 20 + times and enjoy in every time. Norm you mentioned that hotel safes are not very safe, would you care to elaborate? Thank you.

  • @clnelson321
    @clnelson321 10 месяцев назад +2

    Use bank ATMs if at all possible at local banks. We're headed to Palma Mallorca and I'm already scouting out safe ATMs in the area.

  • @maureenmurphy392
    @maureenmurphy392 8 месяцев назад +1

    Again, thank you, great suggestions! Someone was telling me about the Home Trust Visa card that has 0% transaction charge on foreign exchange , no annual fee and 1% cash back. Do you know anything about This?

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  8 месяцев назад

      We have known about this card but not the details, also Rogers Cable have a bank with a MasterCard with no foreign transaction fees and also Wealth Simple has a no transaction MasterCard too. Good luck.

  • @kenf4903
    @kenf4903 10 месяцев назад +1

    Thanks for the tips. One question, are you using a bank Debit card or your credit card at the ATM?

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  10 месяцев назад

      Bank debit card we never take cash 💰 on our credit card Ken Cheers 🇵🇹🙂🌺🇨🇦

  • @williambrennan5935
    @williambrennan5935 10 месяцев назад +1

    How do you deal with online banking when you are overseas? Do you log in to your bank website while staying at a hotel, or rental accommodation?

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  10 месяцев назад

      We use NordVPN on the hotel network, our last video has a link to a special offer.

  • @Jacquie_Kirk_111
    @Jacquie_Kirk_111 10 месяцев назад +1

    You said the safes are not very safe.....can you do an episode on that? Do you carry your passport with you at all times? Do you use a money belt? Do you think its not safe to leave valueables in the room safe? Thanks!

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  10 месяцев назад +1

      A lot of safes aren’t screwed down so therefore the safe can be taken complete with contents , we usually carry passports most of the time with us and take a photocopy of them too Cheers 🇵🇹🙂🇨🇦

  • @user-ps4pq7fz7p
    @user-ps4pq7fz7p 10 месяцев назад +1

    How did you book your Accommodation’s?

  • @ceciliapetrowsky2572
    @ceciliapetrowsky2572 10 месяцев назад +1

    Hey guys. I really hope you see this. I just watched a report where two women bought travel insurance for their cruise for almost $700. The insurance company dragged their feet for months on paying their $9,000 medical bill. I was surprised when you said you rely on your credit card insurance. Please please look into the fine print. I don’t believe this insurance is adequate. My understanding is it’s only for airline cancellations, car rentals and luggage. It’s probably not going to cover you for the big things. If you are going overseas for months, you need to get some robust insurance. Not trying to be critical; just looking out for you guys.

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  10 месяцев назад +1

      No we bought travel medical insurance and it’s very comprehensive from one of the world’s largest insurance companies.

  • @BGL333
    @BGL333 10 месяцев назад +1

    I don't know how regulated an Uber is compared to a taxi (and how screened the drivers are). As a solo traveler I think I'll stick to taxis even though more expensive.

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  10 месяцев назад

      Safety when travelling is a big thing , so we understand your point of view Cheers 🇵🇹🙂🇨🇦

  • @georgeamurray9905
    @georgeamurray9905 10 месяцев назад +2

    Or ... just use a bank payment card (credit or Visa debit) and never visit an ATM.
    The last few times I've been to Europe, I never needed to use € cash anywhere. Ended up spending the cash I brought on the last day to pay off part of the accomodation expenses or part of a duty free purchase. Could've fully paid with a bank card in these cases too. Just didn't want to pay the F|X fee to convert cash back to $.
    Are bank card payments not ubiquitous in Portugal?

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  10 месяцев назад

      In Portugal the main grocery stores would not accept Canadian debit cards. Small cafes and restaurants in Portugal are cash only in the rural areas.

    • @georgeamurray9905
      @georgeamurray9905 10 месяцев назад +1

      Perfect. Use cash in rural areas. Bank cards everywhere else.
      Visa and MasterCard debit cards work anywhere a Visa or MasterCard credit card is accepted (online or physical machines), but it removes $ directly from your bank account - hence debit, not credit card.
      Pretty much everyone's bank debit card in Canada should now have a Visa or MasterCard logo on it, indicating the capability to debit directly from your bank account online or internationally.

  • @cams1951
    @cams1951 10 месяцев назад +1

    Why not do a piece on the correct set up on VPN’s. For instance when you go to Portugal. I find mine doesn’t work as it seems others do, no real advantage. I’m missing something.

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  10 месяцев назад

      Thanks for the suggestion Cheers 🇵🇹🙂🌺🇨🇦

  • @markbajek2541
    @markbajek2541 10 месяцев назад +1

    If you want to slow em down even more, put the wallet into a zip lock bag, then put it into your fashionable yet utilitarian cargo pant pocket. They will not be expecting a ziplock baggie to gum up their artful dodger escapades as it snags on the fabric and you'll notice their actions with a quick "What's all this then?"

  • @svgilkog8181
    @svgilkog8181 10 месяцев назад +1

    How do you deal with credit card car insurance for long trips if the cards cover 30 days per trip?

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  10 месяцев назад

      Multiple contracts will get over that Cheers 🇵🇹🙂🇨🇦

    • @svgilkog8181
      @svgilkog8181 10 месяцев назад

      @@ThisIsOurRetirement Thank you

  • @robertross8565
    @robertross8565 10 месяцев назад +1

    Hooray. I’m the 1st person to give you a like. 😂

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  10 месяцев назад

      That’s awesome Robert thank you 🇵🇹🍷🇨🇦

    • @robertross8565
      @robertross8565 10 месяцев назад

      @@ThisIsOurRetirement My pleasure. My wife is keen on going to Portugal so your banking/scam info was very helpful. I haven’t set foot on a Portuguese beach in 45 years.

  • @kevinw8485
    @kevinw8485 10 месяцев назад +2

    If dealing with cash I hope you keep your receipts for deducting expenses on your canadian tax returns/

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  10 месяцев назад

      We do!

    • @cheyenne_spring
      @cheyenne_spring 10 месяцев назад

      I've not heard of travelling tax deductions, can you elaborate

    • @kevinw8485
      @kevinw8485 10 месяцев назад

      well people often buy meals while they prepare their presentations, they pay for gas, insurance, etc to drive to restaraunts to get their work done; these are normal expenditures to get preparation work done a portion of travel etc is therefore deductible; in the USA and Canada 50% of meals bought at a restaraunt can be deducted as long as prep work is done at the restaraunt

  • @robertwagner7867
    @robertwagner7867 10 месяцев назад

    Why not put everything on credit card? Why deal with cash at all? Especially if you have a rewards travel credit card.

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  10 месяцев назад

      Lots of smaller places shops and restaurants only take 💰 cash Cheers 🙂🌺

  • @ceciliapetrowsky2572
    @ceciliapetrowsky2572 10 месяцев назад +1

    How on earth are you using carry-ons for two or three months? Do you ship a box or two to your accommodations?

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  10 месяцев назад

      Very easy takes a bit of planning have been doing it for years , and you don’t loose your luggage LOL 😂😂 Cheers Cecilia 🇵🇹🙂🇨🇦

    • @TechnoCaveman1
      @TechnoCaveman1 10 месяцев назад +1

      Now that would be worth a video to see how you perform that magical trick! 😅

  • @matthewn.2277
    @matthewn.2277 10 месяцев назад +2

    Credit cards charge will charge a foreign transaction fee

    • @pensacola321
      @pensacola321 10 месяцев назад +1

      Get a card without that fee. For traveling abroad.

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  10 месяцев назад +2

      We need the travel insurance

    • @matthewn.2277
      @matthewn.2277 10 месяцев назад

      Yes, better trade off

  • @cookmaster3626
    @cookmaster3626 10 месяцев назад +1

    Are you guys in Portugal now?

  • @connieandbobdavidson1202
    @connieandbobdavidson1202 10 месяцев назад +1

    Do you need to speak Portuguese or is English used also

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  10 месяцев назад

      No English is wide spread, making the effort to lean a few words always shows respect.

  • @dwayne5172
    @dwayne5172 10 месяцев назад +1

    What credit card do you have

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  10 месяцев назад

      Bank of Montreal 🌺🙂

    • @dwayne5172
      @dwayne5172 10 месяцев назад +1

      @ThisIsOurRetirement World elite? Just trying to figure a good card to get

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  10 месяцев назад +1

      No just the ordinary one , we are grandfathered in for our travel insurance so for that reason we stay wit( them Cheers 🌺🙂🇵🇹

  • @sudburydrone466
    @sudburydrone466 10 месяцев назад +1

    👍👍✌️

  • @user-ys4rc8jx8r
    @user-ys4rc8jx8r 10 месяцев назад +1

    Just wondering why although you you both advocate frugality and you use that basis for travelling you always seem travel in countries where our Canadian Dollar is very inferior. For example Portugal (Euro) and the US. I would think as promoters of the lower middle class you would pick countries where our currency is much more in our favour, such as Asia, Mexico, South America.
    Just Asking

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  10 месяцев назад

      We really aren't promoting anything, just filming our travels, that said there is more to travel than exchange rates against the Canadian dollar. We pay more attention to safety when traveling and Portugal ranks as one of the safest countries in the world for crime. South American countries are some of the most dangerous.
      Our passive income stream is U.S. dollars so exchange rates don't bother us as much.

  • @tonysomewhere5920
    @tonysomewhere5920 10 месяцев назад +1

    In another note... Sometimes you talk about investments and things related to it. I know you cannot provide, by law, recommendations relative to stocks, etc. Is it possible, if you have the knowledge, to make a video about metals such as gold, silver, etc. I am looking into the possibility of buying Maple Leaf coins. Things around the globe are becoming very unstable. 🤔 Thanks.

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  10 месяцев назад +1

      Funny Tony, we have been researching this for a while now, thanks for the suggestion, we will see what we can do. 😂😂🪙

    • @robertbeland462
      @robertbeland462 10 месяцев назад

      Tina/Norm... it might be tempting to look into providing insight into gold and silver. However, I suggest that you remain at what you're already very good, providing first hand knowledge about your retirement and your travels. The precious metals forum is a whole new arena for you, and your general audience. At the most, you may refer your audience to look into some specialized sites (Kitco, GoldVault and others). Sincerely !!@@ThisIsOurRetirement

  • @niggzon
    @niggzon 10 месяцев назад +2

    Why dont you use credit/debit cards when going to stores, restaurants etc? No need to worry about cash. Great video btw!

    • @rebeccagutierrez1960
      @rebeccagutierrez1960 10 месяцев назад +1

      He said he doesn't want people skimming his card.

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  10 месяцев назад

      We did mention we use credit cards and cash 💰, we were last in Portugal 🇵🇹 in 2020 and lots of places wouldn’t take a Canadian debit card . Unhappy using cards in Taxis Cheers 🇵🇹🙂🇨🇦🍷

    • @ThisIsOurRetirement
      @ThisIsOurRetirement  10 месяцев назад

      Agree we learned a lesson in Denmark , don’t do that anymore 🌺

  • @timothymurphy6910
    @timothymurphy6910 2 месяца назад

    will be in thbe algarve in 2 weeks