Generally, credit cards can be used abroad. But it might get pricey because of the international transaction fee most credit cards tack on to every purchase made overseas. Additional fees will be assessed for cash withdrawals, and interest will begin accruing on the funds the moment they are disbursed. Please note, however, that there are some credit card issuers that do not charge overseas fees.
A better option is to select a card that is optimized for use in overseas countries and so exempts you from these fees.
While some people prefer the reassuring weight of bills and cards in their hands while overseas, the full majority of people today would rather not fumble around with cash of cash in their pockets.
Spending money on a credit card or debit card makes paying for vacation activities like day trips and meals simpler. However, you need to be careful when picking out your plastic to avoid spending a fortune on hidden fees.
Using a debit or credit card abroad eliminates the need to constantly worry about foreign transaction fees. A lot of credit cards also don’t have withdrawal fees, but you still get hit with interest from the transaction date if you use it. There is no benefit to paying the balance in full and on time the next month.
In addition to convenient features like built-in currency converters and rewards programs, some of these cards also provide valuable perks like travel insurance for you and your loved ones or even cash back.