With regards to exchange rates you could do worse than go on line to Marks & Spencer.
Just take dollar travellers cheques.
I've just had a look at the post office web site and although it states it can be used in shops and restaurants worldwide there is the proviso that it is dependent upon them accepting VISA Electron. Transaction or cash withdrawal fees will also be incurred. The question is, do Princess accept VISA Electron? My feeling is that they DO NOT, simply because the Electron card requires online authorisation for every transaction, which is something a ship at sea does not do (which is why they insist on normal credit cards). You will end up trying to find a bank to withdraw USD cash in the mediterranean (no chance!!). Take the advice already posted - use USD Travellers Cheques or just take cash as you had intended. Have a nice holiday.
Goin carribean on island star dec 08 1st time cruising . Got a few questions would like answering plz.Are drinks allowed back on board,Are beds big enough for 6ft 15yr old (coral deck)Can irons be hired&for how much.What brand beer and cider is served,Which is best way to settle bill.cash/trav cheq/cred card.Any other info will be appreciated thank.
Open yourself a Marks & Spencer (& More) Credit Card.
M & S give the best exchange rates either in their stores or when purchasing goods in dollars i.e. a ship's account settlement.
I keep putting this info. on the boards, because it was something I didnt know, and I was really grateful to learn: Princess ships calculate your whole bill in us dollars. If you have registered a UK credit card (any at all), then they will convert the account to UK pounds, and then submit it to your credit card. When we went in Nov. the £ was worth 2.02 US, Princess used a rate of $1.75 to the £...see what I am saying (like 25% difference) AND then for the privilege they add a 3% service charge!! When you register your credit card before you board there is a slip with very small print that allows you the option of "Do Not Convert". Tick this, and also write in capital letters somewhere on it. When you are on board go to pursers desk and check that this has been registered. In fact the best way is to settle your account on the last night in US dollars.
We took 2000 US dollars with us on our trip and had paid our account at the end of the journey in cash. We put our cash in the safe and got out what we needed when we needed it. If you are vigilant with your cash you will be fine.
Thank you all for your answers the reason i asked this question was because i didn't want to end up in the situation that Oaks from runcorn has described so it's cash then for us i think.