There are many things that can cause stress when you're heading on vacation. Therefore, Greenland Bank gives you five good tips on what you can do to make your vacation as worry-free as possible.
1. Remember your certificates
No matter where in the world your trip is taking you, it’s important to remember your residence certificate. Otherwise, you will be charged full price for any medical treatment and medication when abroad.
You can obtain your residence certificate at your local citizen service or community office or at www.sullissivik.gl. Here, you can also read more about medical assistance outside Greenland.
2. Remember your travel insurance
If the worst happens while you're on vacation, it’s also good to have travel insurance in place. Depending on how you are insured, you can typically get private medical care, repatriation, compensation for delayed luggage, and excess fees for a rental car.
With Mastercard Gold, you get Greenland's cheapest travel insurance, as this credit card comes with a range of insurances covering both private and business trips for up to 60 days. And the trip doesn't have to be paid for with the card to be covered. In addition to the cardholder, the insurance also covers a spouse/partner and children under 21 years old who are traveling with you.
3. Bring an extra credit card
What do you do if the restaurant doesn’t accept Mastercard? Or if the ATM eats your Visa card? When you're traveling abroad, many situations may arise where having more than one international credit card with you is a good idea.
Talk to your personal advisor to find out which cards meet your specific needs.
4. Contact your advisor
In general, it’s a good idea to contact your advisor when planning a vacation. For example, it’s a good idea to notify your advisor in advance if you expect to make unusual withdrawals or payments while abroad. This way, you can avoid your advisor confusing these unusual account movements with fraud.
So, remember to pack your advisor's contact information in your suitcase, so you can always get in touch with the bank if you need help. Also, remember to download Mobile Banking – with this app, you can quickly block your card if you lose it.
5. Order foreign currency in advance
If you're traveling abroad, you may need cash to pay for the newspaper at the airport or the taxi to the hotel.
Greenland Bank recommends that, in addition to your payment cards, you also bring a small amount of cash in the currency of the country you're visiting. Be aware that the bank only exchanges euros, Canadian dollars, and U.S. dollars. If you want to ensure the foreign currency is ready for you before departure, you should order it at least 14 days in advance. You can easily do this on the website or at your local branch.
6. Danish cash abroad
Since there is an increasing problem in several countries with exchanging Danish cash, it’s recommended to either exchange to foreign currency before departure or bring a payment card that works abroad.