Cost-effective Travelling: Which Credit Card to Choose

Do you know that you can fly around the world not only saving some money but also spending almost nothing? Sounds unreal? Check your travel credit card, maybe you have the wrong one.

Choosing the right credit card for travelling means a lot not only for your trip but also for your budget. Today, we’re going to answer one of the most popular questions all travellers have: «Is there any card that is the very best one to bring some money or rewards to your trip».

Best Credit Cards for Travelers

So, is there the one best credit card for those who love adventure and long-distance trips? The answer is pretty simple. It all depends. As different cards have different purposes in terms of rewards and savings. Some are better for accumulating miles, while others are better for accumulating rewards on hotels and different types of services.

Before choosing the one card for yourself, answer a couple of questions:

  • Do you fly a lot?
  • Do you stay at hotels a lot?
  • Do you drive a lot?
  • Do you shop a lot while being abroad?

Define which type of the payments is the most expensive for your budget. Plane tickets? Hotel bills? Or maybe car renting bills? Most travellers prefer to save money on plane tickets as they appear to be the most significant piece of their budget.

When choosing a credit card for travelling, check if a bank doesn’t have a foreign transaction fee. If it does, the fees shouldn’t be too high. So, before you go on a trip, check with your bank to be sure that they have reasonable transaction fees.

Always notify your bank about using your credit card abroad. In another case, you can face a situation when your request is declined in the moment when you need money the most.

When shopping abroad, most companies and services ask for the card with a chip in it. Chip cards definitely make your international shopping experience a lot easier and smoother.

Also, check the cards which not only save on miles and hotels but also double or even triple the points. Using the right credit card is the key. So, be serious about looking and analyzing all the benefits each of them has.

Among the most popular credit cards among American travellers in 2016-2017 were:

  • Chase Sapphire Reserve, which has a lot of reward points;
  • Amex Platinum with free priority pass, free global entry, access to Delta Lounges, Centurion Lounges, and so on;
  • Capital One Quicksilver with no annual fee and no international fees, but with 1.5% cash back reward on all purchases;
  • Charles Schwab card with zero foreign transaction and no ATM fees.

Remember, that mastering credit card loyalty programs and analyzing your travel expenses can save you a lot of money and bring you a lot of additional bonuses which you can spend on something else later. Maximize your money on the road too.

 

2 thoughts on “Cost-effective Travelling: Which Credit Card to Choose”

  1. Just going to go to travel to Europe. Thank you for the article. I found many interesting and useful moments for myself. Respect!

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