Can I Use My Credit Card Overseas?

A credit card is the most secure method for using money when traveling overseas. However, you need to make sure your current credit card is proper for such use.

•As a precaution, inform your credit card company about your planned trip abroad. If you don't, they may notice charges originating from outside the country and suspend your credit card privileges until they are able to reach a determination about what is happening. This is an easy precaution that can avoid a ton of frustration. Imagine having your credit card refused overseas. Don't overlook this safeguard in your travel plans. All it takes is a phone call to let them know where you will be going.

•Make certain that your credit card is accepted where you are going. Simple, but this is another important precaution.

•Double-check all the information pertaining to the use of your credit card abroad. Go to your credit card issuer's website and research their policies, limitations, and requirements for use of your credit card overseas. If something is unclear to you, call customer service and ask questions. It will be easier to reach your credit card issuer from home than from a foreign country.

•Check on fees for withdrawing money from ATMs while you're away. There could be really big charges involved in using overseas ATMs.

•Familiarized yourself with the exchange rate. Be crystal clear as to what basis your credit card issuer will use to charge your rate of exchange.
•Find out what telephone number you should use to contact your credit card issuer from your destination. Keep that number on your person at all times in case of a problem. Remember, your credit card will probably be your main currency while you are away.

•Know your credit limit. You can't overspend overseas. Also make sure your card does not expire while you're on your trip.

•Save all your receipts. You should always do this anyway.

•Check every bill before you sign for it. This is also something you should always do, habitually.

Overall, take every precaution you would when making purchases at home, only doubly so. Your credit card is a great tool for traveling overseas. Just remember that not every merchant, cab driver, or street vender will accept your credit card. You will need to keep a measure of local currency on you as well as your credit card.

Above all, prepare for the trip and rest assured that you have handled all travel precautions pertaining to your credit card use abroad before departure. Now, it's time to enjoy your trip!