Traveling With Credit Card: Whats the Best Way to Do it?

March 15, 2019

If you’re planning on going abroad with your credit card, you might run into issues unless you’re properly prepared. But what kind of preparation will you need to take with a credit card?

MaxCash’s credit card experts are here to help you discover the best way to travel and use your credit card.

The Location Block on Your Credit Card

One of the more common issues that can pop up as a result of credit card use is identity theft. You’re probably familiar with the concept: someone else using your credit card as though it were their own to make fraudulent purchases. It’s an unfortunate possibility that credit card users will have to be prepared for. But how does it relate to travel?

See, identity theft of credit cards is so common that there are automatic procedures built into most varieties of credit cards. The most common of these procedures is the location restriction system.

Credit card providers generally keep an eye on the general area within which you normally use your credit card. If your card suddenly gets used in a transaction that occurs halfway across the world, they’ll see that as suspicious and temporarily lock your credit card account.

The reason for this is because credit card identity theft can happen so easily. Just by obtaining the information listed on your card, many thieves can use it online without repercussion. So, if you normally use your credit card in the area around your house, then a sudden charge in Britain will shut it down.

So how do you deal with this issue if you’re planning on using your card out of the country? It’s simple! All you need to do is contact your credit card provider and let them know where you intend to travel to. So long as they’re aware of your trip, your card will work like normal.

Try Out Specialized Credit Cards

If you’re going to be traveling a lot, you might want to start looking into different types of specialized credit cards. These specialized credit cards come with your heavy-travel life already in mind, and you won’t have to deal with any issues using your credit card abroad. It’s already pre-approved for your travel locations and won’t end up getting blocked.

Most of these kinds of credit cards even come with special bonuses too. These bonuses can take all types of different forms.

Here are just some bonuses you can get with a specialized travel credit card:

  • Concierge Services – Some cards come with access to different kinds of concierge services. They can help you book flights, make hotel reservations, and more.
  • Various Discounts – Depending on your card, you could end up receiving discounts on food, flights, rental cars, and everything in between.
  • Hotel BenefitsYour cards can end up netting you quite a few bonuses at the hotels you end up staying at. This could mean things like free meals, easier check-ins, and discounts on hotel services.
  • Travel Insurance If you get a card with travel insurance and end up having to cancel your travel plans for any reason, your card will cover it. There’s a set amount up to which it will cover though, so it’s not the perfect solution, but it’s a great way to recoup. Should you have an unexpected incident, this can keep the disaster from worsening.
  • Emergency Services Some varieties of card have access to emergency assistance services. Should you end up with some kind of medical emergency abroad and end up having no idea how to respond, you can call their services. They’ll help you find assistance and handle any and all related costs.
  • Special Access Passes – Depending on your credit card, you might get access to special events and locations. Some cards can come with museum passes, or priority purchases for event tickets or concerts.

Other Assorted Tips

Now that you know how to ensure you can use your card, as well as some of the bonuses you can get as a result of your card’s special features, it’s time for some extraneous tips. These next few bullets are extra bits to help you make the most of your credit card abroad.

  • Change Your Due DatesA general credit card usage tip is to change your payment due date. This is something that many people might not be aware you can do with your credit cards. And doing so is simple.
    • All it takes is a simple call to your providers and your due date can be moved to a date of your choosing. If you’re going to be gone when your bill would normally be due, rescheduling it until your return can ease your stress on vacation and let you enjoy it more.
  • Keep Cash on HandNot all countries abroad accept credit, with some countries having wider support than others. As a result, you might end up wanting to use a debit card to make an ATM withdrawal. But if you’re not prepared, you might end up costing yourself in the long run.
    • Some places you end up traveling to might not have the companies in charge of their ATMs. You’ll still be able to withdraw your funds from it, but you could incur a large fee as a result. To avoid this, make sure your debit card doesn’t have these associated fees or make sure to keep plenty of cash on hand.
  • Be Aware of Conversion Rates – It’s always important to keep in mind the conversion rates in the area you’re traveling to. Some are vastly different than the American dollar, and if you’re not careful, you could end up getting swindled. Less-than-savory merchants may look for an inexperienced tourist to charge insane amounts.
    • For example, 20 pounds might sound cheap, but after conversion, it’d be $26 USD. On the other hand, 2,000 Yen might sound ridiculous for a meal, but it converts down to a much more reasonable $13 USD.

In the end, the best way to travel with a credit card is to do some research beforehand. Make sure your lender is aware of travel plans, take advantage of any benefits your card provides you, and know any additional requirements for where you’re headed.

Want to learn more? Get in contact with MaxCash for even more tips and tricks!

DISCLAIMER:
The MaxCash website does not offer or provide loans, but rather, it offers a service. It should not be construed as a lending agent or broker. The site does not endorse any lenders and does not charge visitors any fees. The website owners do not evaluate potential lenders’ applications, nor do they approve or deny credit. The MaxCash website does gather applicants’ personal information and transmits it to lenders that are part of the site’s lending network. No one is required to make use of this website, nor are they under any obligation to begin contact with site operators or to attempt to secure a loan with any of the site’s lending partners. Transmission of your financial and personal information on the website in no way obligates lenders to offer you a loan or any other kind of credit product. Be aware that cash transfer times can vary, depending on the lender and the bank you use. It may be necessary to fax information under certain circumstances. All questions about loans, and any concerns you may have should be directed to your lender. These loans are intended as short-term financial solution to satisfy borrowers’ needs for immediate monetary relief. This is not intended to be part of a long-term financial plan for individuals. These services are not offered in all states. Potential borrows may undergo credit check if lenders choose to use any of the major credit reporting bureaus, including Equifax, Trans Union and Experian. They may also use other alternative sources to check credit ratings. Your request for a loan constitutes your agreement and acknowledgement that (A) your personal data may be shared with lenders and perhaps other third-party partners, and (B) lenders can acquire credit bureau reports that detail your credit history. Reports from major credit bureaus, such as Equifax, Experian and TransUnion may be obtained and used to evaluate your reliability as a borrower.

1Loan amounts by the lenders vary based on qualifications.

2Since we do not lend money directly we cannot offer you a solicitation for a loan. In all serviced states we WILL match you with a lender based on the information you provide on this website. We will not charge you for this service and our service is not available in all states. States that are serviced by this Web Site may change from time to time and without notice. Personal Unsecured Loans are not available in all states and all areas.

3Loans such as, Auto Title Loan companies typically do not have pre-payment penalties, but we cannot guarantee that every lender meets this standard. Small Business Loans typically do have pre-payment penalties and occasionally will use your car as collateral to secure the loan. Other types of loans may have pre-payment penalties as well.

4All lenders are responsible for their own interest rates and payment terms. Max Cash has no control over these rates or payments. Use of the work competitive or reasonable does not mean affordable and borrowers should use their own discretion when working directly with the lender.

5The amount of people who applied for a loan and we helped and those who received a loan is not the same. We cannot guarantee we will find a lender who will fund you. Just because you give us information on this web site, in no way do we guarantee you will be approved for a car title loan or any other type of loan. Not all lenders can provide loan amounts you may see on this web site because loan amounts are limited by state law and/or the lender. Some lenders may require you to use a GPS locator device on your car, active all the time, in the circumstance for an auto title loan. They may or may not pay for this or charge you for this. This is up to the lender and we have no control over this policy of the lender. Typically, larger loans or higher risk loans use a GPS.

In some circumstances faxing may be required. Use of your cell phone to receive updates is optional. Please review our privacy policy.

Loans such as Car Title Loans are expensive and you may have other ways to get funding that is less expensive. These types of loans are meant to provide you with short term financing to solve immediate cash needs and should not be considered a long-term solution. Residents of some states may not be eligible for a loan. Rejections for loans are not disclosed to our firm and you may want to contact the lender directly.

Signature and personal loans are only available in Georgia and Florida. Loan amounts differ at locations. Account approval requires satisfaction of all loan eligibility requirements, including a credit inquiry, and, if applicable, motor vehicle appraisal.

Car Title Loan lenders are usually licensed by the State in which you reside. You should consult directly with these regulatory agencies to make sure your lender is licensed and in compliance. These agencies are there to protect you and we advise making sure any lender you receive money from is fully licensed.

© 2020 Tradition Media Group, LLC MaxCash. All Rights Reserved.