8 Must-Know Credit Card Tips for Traveling Abroad

Traveling can become really expensive if you’re not prepared for it. There are many things you should take into consideration, such as foreign transaction fees and safety. Credit cards are essential travel items you should have. However, you don’t want to be left with a huge bill or without a single penny if your card is not accepted somewhere, especially since you are going to another country. Here are eight must-know credit card tips for traveling abroad:

1) Get a Card With No Foreign Transaction Fees

Many travelers are not aware of the fact that depending on the credit card they own, they might have to pay 3% foreign transaction fees on each transaction. It doesn’t sound like much, but that can add up and become very expensive. If you want to avoid these unnecessary charges and potentially save a lot of money, get a credit card with no foreign transaction fees.

2) Let Your Card Issuer Know About Your Trip

Credit card issuers have security policies to avoid identity theft and unauthorized purchases. If you travel abroad and start making purchases in another country, they might think someone stole your card and block it. Therefore, check your card app and enable it to travel or call the number written on the back of your card.

3) Verify Where Your Card is Accepted

Visa and Mastercard are the safest choices when it comes to international card acceptance. Other cards like American Express, for example, may not be accepted in some places. For that reason, you should research where yours is accepted before going, and even bring a second or third card with you, even if it’s a debit card.

4) Always Carry Some Cash With You

It’s always good to have some extra cash for emergencies, or in case a store doesn’t accept credit cards. Don’t forget to keep them hidden in other places, like inside your suitcase or in a hidden fanny pack.  

5) Bring More Than One Credit Card

No one wants to go through any trouble and not have a way to pay for things, especially in another country. Therefore, you should take more than one credit card with you on your trip. You should always prepare for the worst, and hope for the best. 

6) See The Traveler Benefits Your Card Offers You

The best part about having credit cards is the benefits they offer you. Did you know that many credit card companies offer travel benefits? You might be entitled to a free airport lounge entry, travel, and car rental insurance, among other things.

7) Set Credit Card Alerts

To prevent fraudulent purchases, or if someone steals or clones your card, you should always have credit card alerts set up at home, and even more internationally, as this type of fraud is more likely to happen.

8) Avoid Using Debit Cards Internationally

When traveling abroad, give preference to using your credit over debit. Credit cards offer more security since you can protest unauthorized charges, and if someone gets your card without your permission, they won’t be able to withdraw all your money and leave your account empty.

 

5 Reasons Why You Should Get The Chase Sapphire Preferred

Chase Sapphire Preferred Credit Card has been elected many times over as one of the best flexible travel credit cards. This card has so many advantages, such as a big sign up bonus and lots of redeeming options – it’s no wonder it gets so much hype!

Here are five reasons why you should get the Chase Sapphire Preferred:

1) You Will Get a Big Bonus For Signing Up

Few credit cards offer such a big bonus. New cardholders will benefit from 50,000 points (roughly translating to $1,000 in value) after they spend at least $4,000 within the first three months of opening the account.

2) Earn More Points Per Dollar Spent

You will get 2 points per $1 spent on travel and dining purchases. These categories are very flexible depending on your area. You could also earn more points on purchases like rental cars, parking, Uber, and city tours.  They also offer 1 point per dollar spent on other purchases.

3) There Are Many Redeeming Options

You might be wondering what people can do with all these points. Chase gives you the option to redeem your miles with any of their many partners, including: British Airways, JetBlue, United Airlines, Marriott, IHG – or through the Chase Ultimate Rewards portal.

4) A Wide Variety of Travel Benefits

Do you love to travel or are a frequent traveler? Then you will likely benefit a lot from this card. Chase Sapphire Preferred offers many advantages for cardholders such as primary car rental insurance, baggage delay insurance, trip cancellation insurance, and no foreign transaction fees.

5) Get Purchase Protection

Most people don’t know, but Chase Sapphire Preferred offers purchase protection. This means that if your personal property gets stolen or destroyed within 120 days after purchase, you will get up to $500 back per claim.

Highlights:

  • Earn 60,000 bonus points after spending at least $4,000 on purchases in the first three months
  • 2 points per $1 spent on travel and dining
  • 1 point per $1 spent on all other purchases
  • Pay no foreign transaction fees
  • Don’t worry about blackout dates and other restrictions
  • Get 25% more value if you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards
  • Trip Interruption/Interruption insurance
  • Auto Rental Collision Damage Waiver
  • Baggage Delay Insurance
  • Trip Delay Reimbursement
  • Travel and Emergency Assistance Services
  • Purchase Protection
  • Extended Warranty Protection

Watch out for:

  • $95 annual fee
  • 18.24%-25.24% variable APR

Is this card for you?

This card is for you if you usually spend at least 10,000 dollars per year like to travel at once a year or more, dine out at great restaurants. Why not take advantage of the excellent benefits that other credit cards don’t typically offer? Click here to apply.

Check out other credit cards here.

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