Travelling overseas? How to find the best credit card to use abroad
How to find the best credit card to use abroad
Using your credit card overseas has many advantages so it’s important to understand the key factors in choosing the right one. We’ve put together this useful guide to help you with your search for the best credit card to use abroad.
Why do you need to tell us about your travel plans?
It's really important to tell us your travel plans as this will reduce the possibility of your credit cards being restricted while you're away. With a Creation Credit Card, as with all the best credit cards for travel, your account is monitored 24 hours a day, 7 days a week for unusual activity. If we know you’re travelling abroad we know to expect international card use.
It’s also essential to make sure your contact details are up to date so that if we need to we can contact you when you are away.
Using travel credit cards safely
It’s safer to carry your credit card than cash and like all the best credit cards to use abroad, our credit cards are accepted all over the world, wherever you see the Mastercard logo. Remember to always be careful with your credit card, don’t let anyone take it away to take the payment and always cover the key pad with your hand when entering your PIN.
Are overseas purchases covered by section 75?
All credit cards have protection under Section 75 of the Consumer Credit Act for anything you buy that costs between £100 and £30,000 even when you’re abroad. So if there’s an issue with something you’ve bought, you may be able to claim a refund meaning that you won’t be on your own if things go wrong with your product or the retailer. If things do ever go wrong we will be on your side every step of the way.
Also any transactions that you don’t recognise will be investigated thoroughly.
How can you manage your holiday spending?
The best credit card to use abroad is one that allows you to monitor and manage your account online so when you’re on holiday you can still check your balance and recent transactions. Help to manage your spending when you’re abroad by setting up free personalised text alerts to let you know when you get near to your credit limit and weekly updates on your balance so that you know how much you can spend.
How can you save money?
You can often save money with a good travel credit card, for example, by not charging any fees when you use a Everyday Credit Card abroad we’re already helping you save. There are no fees on spending in the local currency or foreign currency cash withdrawals from an ATM or when it’s bought over the counter at a bank, Post Office® or bureau-de-change at home or abroad. However, the bureau or ATM owner may make a charge. For credit card cash withdrawals, you'll be charged one simple interest rate from the date the transaction is posted to your account. The Everyday Credit Card is featured on www.moneysavingexpert.com.
What is dynamic currency conversion?
Dynamic currency conversion is when you’re abroad and there is the option to pay in your own home currency, rather than the local one. This may be useful to get the value of your purchase but you’ll be charged a higher exchange rate for this which isn't worth paying.
The retailer might automatically use dynamic currency conversion unless you say not to, so it’s best to check your bill carefully before signing anything or entering your PIN. If they have used dynamic currency conversion, ask to be billed in the local currency instead.
For more information visit the Mastercard cardholder services: