Money

Stories abound about the number of pickpockets in the major cities in Italy. Here are updated tips for managing money and avoiding pickpockets while travelling in Italy:

Money Management

1. Use a secure credit card, debit card, or travel card:
   • There are some credit cards that are free from international exchange fees, and they offer an excellent exchange rate. Check the internet but a couple of current ones are Latitudes 28 degrees credit card and Macquarie Bank debit card, both of which I have used with great success.
   • If using a credit card overseas, frequently you will be asked if you want to be billed in the local currency or in Australian dollars. Always get it billed in the local currency. This avoids additional fees, and it also gives you better exchange rates.
   • Qantas Pay Card is an option for loading multiple currencies. You can load the card with Euros (or several other currencies) before you leave home and use it as a debit card at any place that takes Mastercard. Some prefer this so that they can keep track of their expenses, but these days, I don’t think that a travel card offers any real advantages over an international fee-free credit or debit card.
2. Digital wallets:
   • Apple Pay, Google Pay, and other digital wallets are widely accepted in Italy.
   • Use these for contactless payments to reduce the need for carrying much cash or physical cards. Both the Latitudes and the Macquarie cards can be loaded into these digital wallets.
3. Money belts:
   • These are useful for storing extra cash, cards, and important documents.
   • Use restrooms or private areas to access the belt.
4. ATM usage:
   • ATMs (bancomats) remain common in Italy, but be aware of potential fees.
   • Use bank-affiliated ATMs when possible, to avoid additional charges.
   • Check with your bank about international withdrawal limits and fees before travelling. If withdrawing funds from an ATM, check with your bank as to the maximum per day that can be withdrawn. It is typically about $1000 per day, and the day is calculated from midnight Australian Eastern time, not the time in Italy. There is a charge for withdrawing funds, often about €2 per transaction, and also for checking your account balance, so unless you have a burning desire to find out your account balance, don’t do this as a routine practice.

Pickpocket Prevention

1. Stay alert in crowded areas:
   • Be especially cautious at tourist hotspots, train stations, and on public transport.
   • Keep hands on valuables when entering or exiting crowded spaces.
2. Use anti-theft accessories:
   • Consider backpacks or handbags with lockable zippers and slash-resistant materials.
   • RFID-blocking wallets can protect against electronic pickpocketing.
3. Distribute valuables:
   • Keep only small amounts of cash and one card in an easily accessible, secure pocket.
   • Store extras in your money belt or hotel safe.
4. Be discreet:
   • Avoid flashing expensive items or large amounts of cash.
   • Use low-key bags without flashy labels.
5. Front-facing bags:
   • Wear crossbody bags in front of you, keeping them zipped and secured.
6. Tech-savvy precautions:
   • Use tracking devices like Apple AirTags for valuable items. This can help relocate missing hand luggage or luggage.
   • Keep digital copies of important documents accessible via secure cloud storage.
7. Leftover cash:
   • When leaving the country, you can use any excess cash in the duty-free shops and pay the balance with your travel or credit card – or alternatively keep the cash for your next trip!

Remember, awareness is your best defence. Stay vigilant, especially in crowded areas, and enjoy your trip to Italy with peace of mind.

Buon viaggio