Our family of 4 will be traveling to England for the first time in May. Sorry if some of these ?s. may seem silly but I never use ATM machines here in the U.S. and many of the bed and breakfasts I've been researching only take cash.
As soon as we fly into Heathrow I'm going to need to get cash, both for parking fees (I'm assuming I'll need to find a way to then exchange bills for small coins) as well as lodging. I'm wondering what the daily cash limit is for ATM machines to avoid excess fees (can you double the limit if you go to 2 different machines in one day?)
What is the usual transaction fee? I could request a debit card from my local credit union or from Capitol One where I have a credit card (to avoid overseas conversion fees) as well as a savings account. Would one be preferable/cheaper than another?
Since I have over $30,000 in my Capitol One account, would all that money be at risk if my debit card were stolen?
Will most places (our first stop is Hampton Court Palace) besides parking facilities and bed and breakfasts take credit cards?
Should I make my 2 children (both young adults) worry about obtaining/carrying their own cash and passports or should my husband and I just split everything up and carry it in our own moneybelts?
Is there any benefit to be carrying money in U.S. dollars? If so, how much?
Thanks for your advice.