When preparing for your next trip, you probably put a credit card or two in your wallet or purse. Right? Have you ever been in a foreign country or a city far from home and that credit card was denied? You know you have an ample limit…so what happened?
Here are some things to do that may prevent that from happening…
Call the credit card company to let them know where and when you will be traveling. This way it will not look like unusual or suspicious activity to the company. In turn they will not cancel or close your account!
Check your credit card’s transaction fees when using that card abroad. Some charge a percentage of withdrawals or transactions.
Check your credit card’s rate of interest when using it abroad.
You may want to check with your bank to see if they offer one with no fees.
Do consider using a credit card for purchases over $100. Under Section 75 of the Consumer Credit Act of 1974 if there are any products purchased that are not as fully described, you will be able to recover the cost from the credit card supplier or retailer.