The best replacement for travellers cheques is cash.

The best alternatives to travellers cheques are rated as following:
★★★★★  cash
★★  prepaid card
★★  travel card
★★  currency
★★  cash passport
★  euros
  card
  sterling
  cash usa

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Google Trends

Scale is based on the average worldwide traffic of travellers cheques in all years. Click on graph for more.
travellers cheques
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prepaid card