to use credit cards when traveling abroad. You also don’t need to worry about
counterfeit money or losing cash because of thieves. Even if you lose your credit
card abroad, you can easily call your bank back home to cancel it so that no
one else can use it. These are some tips to remember if
you intend to use your credit card abroad.
bank that you’re planning to travel to a specific country
Some banks might
deny your use of credit cards when deemed suspicious. Using it in another
country might be deemed as a suspicious act and could lead to the rejection of
the card when used. To solve this issue, you have to inform your bank before
you leave that you will use the card in another country within specific dates.
bank’s hotline for credit card cancelation
As soon as you
notice that your credit
card is missing, you have to inform your bank so that no one will use it. You
have to save the hotline of the bank that directs you to an agent who will immediately
cancel your credit card. You need to call right away before someone can take
advantage of the stolen or lost card.
for local currency payment
When asked if
you want to pay using the local currency or the converted currency, you have to
the local currency. The rates are terrible when you ask for the conversion
on the spot.
cash from an ATM using your credit card
The reason why
you use a credit card abroad is for convenience and for you to avoid using
cash. Don’t use your credit card for any withdrawals. The charges are extremely
high and that’s on top of the terrible conversion rate.
cards in some instances
When you’re shopping
or paying bills in a restaurant, you have to use your credit card. It’s the
fastest pay to get things done. It’s also perfect for purchases with warranty. You
can always ask for a refund or cancelation when you used your credit card. It’s
complicated when you used a debit card. However, if you’re in an establishment that
doesn’t accept cards and you have no choice but to withdraw money from an ATM,
you have to use a debit card. You won’t face the same charges as credit card
Always bring a little cash
Although it’s a
good thing to use a credit card when traveling abroad, it doesn’t hurt to have a little
cash with you wherever you go. You need to use cash to pay buses and trains.
You also need it to tip waiters in a restaurant. Besides, not all establishments
accept cards for payments. If your card gets declined, you can use your cash as
a backup payment.
You have to be
smart in using your credit card. You also have to be thoughtful in your
spending especially if you couldn’t track how much you’ve already spent.
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