Learn all about using credit cards abroad with our tips and tricks.
Best Credit Card to Use Abroad
Frequently Asked Questions
What Type of Card is Best to Use Abroad?
Using a travel credit card has more benefits than using your debit card whilst travelling. Specialist travel credit cards enable you to spend abroad without worrying about foreign transaction fees, and overseas purchases are protected under the consumer credit act.
Which UK Credit Card Doesn't Charge Foreign Transaction Fees?
Most travel credit cards have no foreign transaction fees, so looking for one that offers competitive exchange rates and low APR is good.
We recommend the Halifax Clarity Credit Card as it has no cash withdrawal fees, no foreign transaction fees, and a low representative APR of 22.9% (variable). Applicants with lower credit scores have more chance of being accepted for this travel card than others on the market.
Is it Best to Use a Credit Card Abroad?
Using a credit card overseas means you’ll have purchase protection and will not have to pay any fees on foreign transactions. Additionally, if your card is lost or stolen, you can freeze the account to prevent it from being used. The credit provider will cover the cost if it is stolen and used.
Can You Make Cash Withdrawals from Credit Cards Abroad?
Most credit cards allow you to withdraw cash, even when spending overseas. However, there are usually charges involved, and you have to pay interest daily on the amount you take out, so it could be a more expensive option. Additionally, you may get a poor exchange rate when you withdraw cash. You’re best looking for the best deals before you travel.
What is the Safest International Payment Method?
Using credit and debit cards is the safest international payment method. Your bank will usually cover any issues that could occur if your cards are lost or stolen. We recommend using credit cards abroad rather than debit cards, as credit cards typically have better deals on interest rates and have little to no monthly or annual fees.
Is it Cheaper to Use a Credit Card or Debit Card When Travelling?
Debit cards usually have higher interest fees and other charges for using your card abroad. Using a travel credit card is the best and cheaper option as they come with little to no foreign transaction fees and lower APR, and if you find a good idea, you may not have to pay interest for a certain period.
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