If you like to travel or are thinking of taking a vacation outside the United States, you will need funds. In the past, it was common for people to invest in traveler’s checks and have cash on hand to convert to the country’s currency to which they were traveling.
Today, it is much more common for travelers worldwide to use credit cards for their purchases domestically and abroad. Not every credit card company allows you to use your card internationally. Here are five credit cards you can use while traveling internationally.
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Capital One Venture Rewards Credit Card
The Capital One Venture Rewards Credit Card offers 2 miles for every dollar you spend or every purchase you make, plus you can get 10 miles on hotel reservations through the Hotels.com page.
After you spend $3,000 in the first three months, you can earn a bonus of 50,000 miles to open the account. When making purchases, the miles you earn can be redeemed or used to buy hotel rooms, cruises, flights, rent a car, etc. In addition to obtaining a credit card, you can receive up to $100 in credit, which you can use in airports’ Transportation Security Administration (TSA) security points. The interest on the card can vary from 17.99% to 25.24% APR.
Chase Sapphire Preferred
With the Chase Sapphire Preferred credit card, you can earn 50,000 points after spending $ 4,000 on purchases during the first three months of opening the account. Points can be exchanged for cash, gift card, or products offered by Chase. If you want to exchange them for cash, the 50,000 points have a value of $500.
This card offers several benefits, such as the chance to earn 2 points on each purchase you make for trips. For example, you can buy plane tickets, eat in restaurants, reserve a hotel room, and receive points. Also, if you are not traveling, you can earn a point in every purchase you make.
On the other hand, you will not have to pay for transactions outside the United States with the Chase credit card. For example, if you make a $5,000 purchase abroad, you would not have to pay $150 for the transaction charges.
The credit card offers insurance for suitcases and air tickets. If your flight is canceled or you get sick, you could receive a refund of up to $10,000 per person or $20,000 per trip.
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Wells Fargo Propel American Express
The Wells Fargo Propel American Express Card offers 30,000 additional reward points when you spend $ 3,000 on purchases in the first three months. The 30,000 points are worth $ 300 in cash. You can earn 3 points when buying meals in restaurants, gasoline, public transport, flights, hotels, etc.
The card has no annual fee, and there is no limit on the points you can get. Likewise, you can buy tickets for concerts, plays, and special events before they go on sale with the Wells Fargo Propel American Express credit card.
On the other hand, you will not have to pay fees for the conversion of foreign currency. The credit card offers protection for cell phones, as it helps protect your cell phone from damage or theft. During the first year, you will not have to pay interest, then the interest on the card can vary from 14.74% to 27.24% APR.
Bank of America Travel Rewards
With the Bank of America Travel Rewards credit card, you can earn 1.5 points for every dollar you spend anywhere. You will not have to pay an annual fee or charges for transactions abroad. The points you earn can be used to pay for flights, hotels, vacation packages, cruises, car rentals, or baggage charges.
If during the first 90 days of opening the account you spend at least $1,000 in purchases, you can get a bonus of 25,000 points, which can be exchanged for a credit, in the account statement, of $250 to apply for travel purchases.
The Bank of America Travel Rewards credit card offers 0% interest during the first 12 billing cycles for purchases. Then a variable interest of 17.24% will be applied to the 25.24% APR.
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Barclaycard Arrival Plus World Elite Mastercard
By obtaining the Barclaycard Arrival Plus World Elite Mastercard credit card and spending 5,000 in the first 90 days, you can get a bonus of 70,000 miles. The miles can be exchanged for $700 for travel expenses or offers.
In the same way, you can earn 2 miles on each purchase you make. The miles you earn can be exchanged for gift cards, credit for travel and merchandise.
The card has an annual charge of $89, has no charges for transactions abroad, and you will not have to pay interest on balance transfers during the first year. According to your credit score after the first year, the interest could vary from 18.24% to 25.24% APR.
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