Guide to using your credit card for international travel
Quick insights
- Generally, cardmembers can use their credit cards while traveling abroad.
- Some credit cards charge fees, including foreign transaction fees, for using a credit card internationally.
- Not every merchant accepts credit cards, so it may be a good idea to have a backup payment option during your travels.
If you're planning a trip abroad, you might want to consider bringing a credit card. While you may think that using your credit card abroad is the same as using it at home, there are a few things to keep in mind before heading to your destination.
Can I use a credit card abroad?
In general, you can use a credit card abroad. You can also typically use your credit card to withdraw cash at most ATMs overseas, but this may result in fees.
Depending on your credit card issuer, you may need to notify them that you're traveling abroad. Chase, however, no longer requires cardmembers to set up travel notifications.
Pros of using a credit card for international travel
Credit cards are a common payment method worldwide, but there are potential pros and cons when it comes to using your credit card for international travel.
First, some pros:
Convenience
Carrying a credit card can be more convenient than carrying large bills, especially while you're traveling. Using your credit card is one of the many ways to make everyday purchases, as well as large purchases like hotels and flights.
Rewards
Depending on your credit card, you may be able to earn cash back or points when using your card to make purchases overseas. Additionally, some travel credit cards allow you to earn points at an accelerated rate for airline, hotel and dining purchases. Check your credit card’s guide to benefits for specific details.
Cons of using a credit card for international travel
Some potential cons of using your credit card for purchases abroad include the following:
ID verification
Some merchants require photo identification when you make a purchase, so you'll likely have to show your photo ID while making most purchases which can become a hassle. Taking it in and out of your wallet can increase the chances of you losing critical documents, so you'll want to be careful.
Not every destination accepts credit cards
Credit cards can be convenient, but that doesn't always mean that they're accepted by every retailer. For example, if you're traveling to a small town, the local shops may only accept cash in the local currency.
Not all types of credit cards are accepted
Some merchants only accept credit cards from local banks, or may not accept your type of card. In these cases, an alternate payment method might be a simpler option.
Do you get charged for using credit cards abroad?
Depending on the credit card you have, you may get charged a foreign transaction fee when using the card abroad. If you travel often, you may want to consider applying for a credit card that doesn't charge foreign transaction fees.
In summary
Credit cards can come in handy when planning a trip abroad, but it might be a good idea to explore different payment options before embarking on your travels. Knowing the dos and don'ts of using your credit card for international travel may help avoid potential issues and set you up for an unforgettable trip.
