Credit Card Tips for International Travel

Traveling internationally can be an exciting adventure, but it also comes with its own set of financial challenges. One way to manage these challenges is by using credit cards strategically. Here are some essential credit card tips for international travel to help you make the most of your trip.

1. Choose the Right Credit Card

Selecting the right credit card for international travel is crucial. Look for a card that offers no foreign transaction fees. These fees can add up quickly, typically ranging from 1% to 3% of each transaction. With the Airtel Axis Bank Credit Card, you can earn rewards and cashback of up to 25% on your spending, which can be redeemed for various services and products.

Also Read- 10 Best Credit Cards for International Travel

2. Notify Your Bank

Before you embark on your journey, notify your bank and credit card issuer about your travel plans. This helps to prevent your card from being flagged for suspicious activity, which could result in your card being blocked. Most banks allow you to set up travel notifications online or through their mobile apps.

3. Carry Multiple Cards

It’s wise to carry more than one credit card during your travels. Having a backup card can be a lifesaver if your primary card is lost, stolen, or declined. Make sure your secondary card is from a different issuer to ensure you have options if there’s an issue with one of your cards.

4. Understand Your Card’s Travel Benefits

Many credit cards come with travel-related perks such as travel insurance, lost luggage reimbursement, and emergency assistance services. Familiarise yourself with these benefits before your trip to take full advantage of them if needed.

Also Read – 10 Best Credit Cards for Airline Lounge Access

5. Use Chip-and-PIN Cards

While chip-and-signature cards are common in some countries, chip-and-PIN cards are more widely accepted internationally. Make sure your card has a chip and that you know your PIN. This will make transactions smoother and more secure abroad.

6. Monitor Your Accounts

Regularly check your credit card statements and account activity during your trip. This allows you to quickly spot any unauthorised transactions and report them to your bank. Most banks offer mobile apps that make it easy to monitor your account from anywhere in the world.

7. Exchange Rates and Dynamic Currency Conversion

When using your credit card abroad, you may be offered the option to pay in your home currency instead of the local currency. This is known as dynamic currency conversion. It’s generally better to decline this option, as the exchange rates used by merchants are often less favourable than those provided by your credit card issuer.

8. Pay Off Your Balance Promptly

To avoid high-interest charges, aim to pay off your credit card balance in full each month. This is especially important when traveling, as it’s easy to overspend on holiday. Keeping your balance low will also help you maintain a good credit score.

9. Keep Emergency Contacts Handy

In case your credit card is lost or stolen, have a list of emergency contact numbers for your bank and credit card issuers. These numbers are usually available on the back of your card or the issuer’s website. Having them handy can expedite the process of cancelling your card and getting a replacement.

Also Read – 10 things to do if your credit card is stolen or lost

10. Take Advantage of Rewards and Bonuses

Travel credit cards often offer sign-up bonuses and reward points that can be redeemed for travel-related expenses. Make sure to take advantage of these offers to save money on flights, hotels, and other travel costs. Check if your card offers additional rewards for spending in certain categories, like dining or transportation.

One specific card to consider for international travel is the Airtel Axis Bank Credit Card. This card offers a range of benefits, especially when used in conjunction with the Airtel Thanks App. Using the Airtel Axis Bank Credit Card on your international travels ensures a hassle-free and rewarding experience, allowing you to focus on enjoying your trip rather than worrying about financial matters. Using credit cards wisely during international travel can enhance your experience and provide financial peace of mind.

FAQs

Q1: What should I do if my credit card is lost or stolen while traveling?

If your credit card is lost or stolen, contact your bank or credit card issuer immediately using their emergency contact numbers. They will help you block the card to prevent unauthorised use and arrange for a replacement card.

Q2: Are there any fees for using my credit card abroad?

Some credit cards charge foreign transaction fees, which can be 1% to 3% of each transaction. However, many travel credit cards, like the Airtel Axis Bank Credit Card, offer no foreign transaction fees, making them ideal for international use.

Q3: How can I avoid dynamic currency conversion fees?

When making a purchase abroad, choose to pay in the local currency rather than your home currency. This avoids dynamic currency conversion fees, which often come with less favourable exchange rates.

Q4: How can I earn rewards for my travel spending?

Many travel credit cards offer rewards points or cashback on purchases made abroad. Check the rewards program of your card and use it for travel-related expenses like flights, hotels, and dining to maximise your rewards. The Airtel Axis Bank Credit Card offers competitive rewards and cashback options, making it a great choice for travellers.