credit cards

Tips for using credit cards while traveling

Credit Cards » Tips For Using Credit Cards While Traveling

Limit 'foreign' ATM fees
Limit 'foreign' ATM fees © XiXinXing/Shutterstock.com

Limit 'foreign' ATM fees

"If you're traveling during the summer, you will often need cash," says Ridout.

"Given that you're going to be in different locations, you will often wind up using an ATM that might not be in your network," he says. And those "foreign ATM" and "out-of-network" charges can be hefty -- $5 and $6 a pop, he says.

But a good number of credit unions and smaller community banks are rebating those charges, even when you incur them outside the country, Ridout says.

So before you set out on your summer travels, find an institution that gives you access to your cash without a lot of fees, he says.

Bonus travel tip: Before you pack those vacation cards in your wallet for an overseas trip, call the issuers to find out about currency conversion fees, says Ridout. Several U.S. issuers no longer levy the fees -- which can be as much as 3 percent or more on every transaction, he says.

advertisement

Show Bankrate's community sharing policy
Advertiser Disclosure
Advertiser Disclosure

The listings that appear on this page are from companies from which this website receives compensation, which may impact how, where and in what order products appear. This table does not include all companies or all available products.

          Connect with us
Product Rate Change Last week
Balance Transfer Cards 15.71%  0.01 15.70%
Cash Back Cards 16.41%  0.01 16.40%
Low Interest Cards 10.86% --0.00 10.86%
 
Search
advertisement
CARDS WEEKLY NEWSLETTER
Credit cards on a table

Get advice for managing credit cards, building your credit history and improving your credit score. Delivered weekly.

advertisement

Credit Card Blog

Jeanine Skowronski

Less Americans behind on credit cards

Data from TransUnion puts delinquency rates at a 7-year low, but will the trend continue?  ... Read more

Partner Center
advertisement

Connect with us