What's the best way to pay for things while traveling to Europe? Traveler's cheques, debit or credit cards?

Question

I'm going to be in Europe for over a month and I don't want to get fee'd to death with every transaction. Should I just pay the 1% fee for travelers cheques and avoid the debit/credit card transaction and foreign conversion fee's? Any advice is appreciated!

Answer 1

Depends what country and the size of the city and neighborhood. In some less affluent places the merchants would really prefer local currency or euros.