Whether you’re travelling to Europe, snowbirding in Mexico or hitting the slopes in the U.S., you’ll inevitably have to pay for dinners, souvenirs and sundry while tripping. Before (when life was simpler), you’d go to the bank, stock up with traveller’s cheques and off you’d go. Nowadays, we face the eternal conundrum: is it more cost-effective to make foreign purchases using cash, credit or debit card? There’s a new alternative with CIBC and Air Canada partnering to offer the AC Conversion Visa Prepaid Card. Not a credit card, instead, you buy – and store – up to 10 foreign currencies that can be spent at retailers that accept Visa. Say you’re going to Mexico for a month, you can load up with pesos on the card’s smartphone app, then pay at a retailer with no additional fee. The card is chip and password-protected, holds up to $20,000 (Cdn equivalent in 10 select currencies), track your balance, top up when needed and lock in at favourable (CIBC-set) rates. acconversion.cibc.com for terms and conditions.