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A whole new world of possibilities.
These days, having a credit card makes international travel a bit less stressful.
you’ve got the option to simply swipe your card and be on your way.
Here are a few reasons why.
Worldwide Acceptance
Credit cards are universal at this point.
you might go almost anywhere and use one.
This helps travelers avoid carrying huge amounts of cash or frequently exchanging currency.
Currency Conversion
When traveling abroad, using a credit card will automatically convert into local currency.
This allows you to use your card basically anywhere and make purchases without physically converting your currency.
Plus, you might even save money.
In this regard, money could be saved on foreign purchases.
First, medical emergencies cost a lot, especially when youre not insured and youre abroad.
Credit cards can help you pay for unexpected costs without using all of your cash on hand.
A lot of credit cards come with travel insurance that might cover medical emergencies.
In addition to using a card, its a good idea to have aseparate travel insurance policyin place.
Hotel Incidentals
If youre staying in a hotel when traveling internationally, credit cards are a must.
Some examples are room service, buying things from the minibar, spa treatments and damage to the room.
Some hotels may hold onto your card for small charges.
Heres a few times when youd want to avoid using a credit card when traveling abroad.
In this case, cash is usually cheaper.
Its always a good idea to ask about fees before any major purchases abroad.
These add up quickly and will increase the cost of using a credit card forevery little purchase.
And another pop in of fee thats tougher to spot is a currency conversion fee.
Most of the time, DCC exchange rates are worse thancredit card rates, and there may be fees.
Although most credit cards have fraud protection, they still can be skimmed or otherwise stolen, said Acikelli.
Cash Only Locations
There are simply some retailers that dont accept cards.
In these cases, youll want to have cash set aside for purchases.
Not everywhere will take credit cards, especially in rural areas, said Acikelli.
In such locations, cash is king.
Travelers might find themselves in a tight spot if they only rely on a credit card.
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