{"id":24855,"date":"2022-02-14T15:02:14","date_gmt":"2022-02-14T15:02:14","guid":{"rendered":"https:\/\/transfergo.wpengine.com\/5-quick-tips-for-using-your-credit-card-abroad\/"},"modified":"2024-12-12T16:40:43","modified_gmt":"2024-12-12T16:40:43","slug":"5-quick-tips-for-using-your-credit-card-abroad","status":"publish","type":"post","link":"https:\/\/www.transfergo.com\/gb\/5-quick-tips-for-using-your-credit-card-abroad","title":{"rendered":"5 quick tips for using your credit card abroad"},"content":{"rendered":"\n

Planning to use your credit card in another country? <\/span><\/p>\n\n\n\n

Whether you\u2019re travelling for work or just for fun, it\u2019s important to use your credit card wisely. If not, you could be subject to unwanted charges and international credit card fees.<\/span><\/p>\n\n\n\n

Read on for 5 quick tips on how to use your credit card abroad.<\/span><\/p>\n\n\n\n

1. Inform your credit card issuer before you go<\/strong><\/h2>\n\n\n\n

Make sure to let your credit card provider know about your travel plans before you go. This way, they\u2019ll be better prepared at dealing with any unusual activity on your account. <\/span><\/p>\n\n\n\n

Some providers now use special fraud technology to detect when cardholders are travelling. Before you leave on your travels, check whether you need to inform them of your plans. It\u2019s also a good idea to collect their contact phone number in case you need assistance overseas.<\/span><\/p>\n\n\n\n

2. Get a travel credit card<\/strong><\/h2>\n\n\n\n

While it may be tempting to take and use your trusty credit card, you could save a fortune by applying for a new one altogether. <\/span><\/p>\n\n\n\n

Some credit card issuers charge high fees for overseas purchases so it\u2019s worth shopping around to find one designed for foreign travel. Look out for cards with competitive exchange rates and ones that don\u2019t charge a fortune for transactions and cash withdrawals. <\/span><\/p>\n\n\n\n

3. Pay in the local currency<\/strong><\/h2>\n\n\n\n

If you\u2019ve ever made a transaction abroad, you\u2019ll have likely seen the option to pay in the local currency. <\/span><\/p>\n\n\n\n

Always do this.<\/span><\/p>\n\n\n\n

When you pay in the local currency, you\u2019ll get the best conversion rate. This is because your credit card issuer will do the conversion at a rate that\u2019s set and updated daily and linked with the interbank rate. If you don\u2019t pay in the local currency, the vendor (so the shop, bar or restaurant) will set their own exchange rate and fees can be as high as 7%!<\/span><\/p>\n\n\n\n

4. Memorise your pin<\/strong><\/h2>\n\n\n\n

You\u2019ll most likely be asked for your pin number whenever you make a transaction abroad. For ease, memorise your pin before you go. It\u2019ll save you a lot of time and hassle whenever you need to use your credit card.<\/span><\/p>\n\n\n\n

Some merchants may even request proper identification to ensure that you\u2019re authorised to use the credit card. A passport or driving license is usually fine. <\/span><\/p>\n\n\n\n

5. Always carry cash<\/strong><\/h2>\n\n\n\n

While there are many benefits to using your credit card abroad\u2014the convenience, the speed etc.\u2014it\u2019s always worth carrying some cash around with you too.<\/span><\/p>\n\n\n\n

Cash is still a very popular payment method in Europe and other countries. In fact, some merchants are cash only. And if you lose your card, or it becomes unusable, cash could be your lifesaver. To be on the safe side, store your cards separate from your cash in case your wallet is ever stolen. <\/span><\/p>\n\n\n\n

And on that note, safe travels! We hope you have a great time abroad.<\/p>\n\n\n\n

______________<\/p>\n\n\n\n

If you need to send money, TransferGo is here to help! Sign up now for simple, online money transfers.<\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Planning to use your credit card in another country? Whether you\u2019re travelling for work or just for fun, it\u2019s important to use your credit card wisely. If not, you could be subject to unwanted charges and international credit card fees. Read on for 5 quick tips on how to use your credit card abroad. 1. […]<\/p>\n","protected":false},"author":7,"featured_media":24856,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1490,1493,1505],"tags":[],"business_case_studies_tags":[],"class_list":["post-24855","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-personal-finance","category-personal-finance-tips","category-travel-tips"],"parsely":{"version":"1.1.0","canonical_url":"https:\/\/transfergo.com\/gb\/5-quick-tips-for-using-your-credit-card-abroad","smart_links":{"inbound":0,"outbound":0},"traffic_boost_suggestions_count":0,"meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"5 quick tips for using your credit card abroad","url":"http:\/\/www.transfergo.com\/gb\/5-quick-tips-for-using-your-credit-card-abroad","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/www.transfergo.com\/gb\/5-quick-tips-for-using-your-credit-card-abroad"},"thumbnailUrl":"https:\/\/www.transfergo.com\/wp-content\/uploads\/2022\/11\/220202_Blogs_February_TipsForUsingYourCreditCardAbroad.jpg?resize=150,150","image":{"@type":"ImageObject","url":"https:\/\/www.transfergo.com\/wp-content\/uploads\/2022\/11\/220202_Blogs_February_TipsForUsingYourCreditCardAbroad.jpg"},"articleSection":"Personal finance tips","author":[{"@type":"Person","name":"Jennifer Tate"}],"creator":["Jennifer Tate"],"publisher":{"@type":"Organization","name":"TransferGo","logo":""},"keywords":[],"dateCreated":"2022-02-14T15:02:14Z","datePublished":"2022-02-14T15:02:14Z","dateModified":"2024-12-12T16:40:43Z"},"rendered":"