3 Tips for Using a Credit Card Overseas

What's Hot


2 Types of Black Marks Might Vanish From Your Credit File SoonBorrow

6 Ways the Obamacare Overhaul Might Impact Your WalletInsurance

7 Dumb and Costly Moves Homebuyers MakeBorrow

This Free Software Brings Old Laptops Back to LifeMore

Obamacare Replacement Plan Gets ‘F’ Rating from Consumer ReportsFamily

Beware These 12 Common Money MistakesCredit & Debt

21 Restaurants Offering Free Food Right NowSaving Money

17 Ways to Have More Fun for Less MoneySave

House Hunters: Beware of These 6 Mortgage MistakesBorrow

30 Household Uses for Baby OilSave

25 Ways to Spend Less on FoodMore

Nearly Half of Heart-Related Deaths Linked to These 10 Foods and IngredientsFamily

5 Surprising Benefits of Exercising Outdoors in WinterFamily

10 Ways to Save When You’re Making Minimum WageSave

Boost Your Credit Score Fast With These 7 MovesCredit & Debt

7 Painless Ways to Pay Off Your Mortgage Years EarlierBorrow

The Most Sinful City in the U.S. Is … (Hint: It’s Not Vegas)Family

The True Cost of Bad CreditCredit & Debt

10 Companies With the Best 401(k) PlansGrow

This Scam Now Tops ID Theft as the No. 2 Consumer ComplaintFamily

6 Stores With Awesome Reward ProgramsFamily

6 Ways to Save More at Lowe’s and The Home DepotSave

6 Healthful Treats for Your DogFamily

New Study Ranks the Best States in the U.S.Family

Thousands of Millionaires Moving to 1 Country — and Leaving AnotherGrow

Strapped for College Costs? How to Get the Most From FAFSABorrow

6 Overlooked Ways to Save at Chick-fil-AFamily

Ask Stacy: What’s the Fastest Way to Pay Off My Mortgage?Borrow

Where to Sell Your Stuff for Top DollarAround The House

8 Ways to Get a Good Price on a Shiny New AutoCars

Ask Stacy: How Do I Start Over?Credit & Debt

Secret Cell Plans: Savings Verizon, AT&T, T-Mobile and Sprint Don’t Want You to Know AboutFamily

30 Awesome Things to Do in RetirementCollege

14 Super Smart Ways to Save on TravelSave

The Rich Prefer Modest Cars — Should You Join Them?Cars

You’ll Soon Pay More to Shop at CostcoSave

10 Ways to Save When Your Teen Starts DrivingFamily

Before you pack your credit card for foreign travel, make sure you know how to avoid fees and contact the company from afar.

Heading overseas this summer? If so, you’re joining about 25 million of your fellow Americans vacationing abroad, says the website Travel Industry Wire.

But before you go, make sure you know the rules of the foreign road when it comes to credit card use. To get up to speed, try these three key tips:

1. Beware of higher fees

Pulling out your plastic in Prague might be tempting but, if you do so, be prepared to pay a higher card fee than if you used your credit card in Pittsburgh. How much higher? According to the analyst firm H.E. Freeman, card carriers can charge up to a 3% surcharge (called a “foreign transaction fee”) on your credit card and your debit card when you use them overseas.

Here’s a recent story with some fees charged by specific banks, including a couple that don’t charge a fee at all.

Also, try to avoid getting cash advances from your credit card. That’s one of the biggest offenders, fee-wise. You may be charged a bank exchange rate fee, a foreign exchange fee, an ATM fee and a higher rate of interest from a cash withdrawal.

2. Tell your card company you’re going overseas

Repeated use of a credit card in foreign countries is a big red flag for card carriers – they may suspect that it’s been stolen and will block your account. That could be problematic if you’re depending on your card to pay for hotels, trains and meals. Before you go, call the 1-800 number on your card and let your card company know you’ll be using your plastic in foreign bourses.

3. Get good contact information

Chances are that your 1-800 number won’t work outside the United States. Make sure you call your card company before you get on that plane and get a contact number that works internationally. You’ll need it if your card is lost or stolen, or is turned down for any reason.

Traveling to foreign bourses is a lifetime memory. But you’ll need a credit card to help fund that memory. So take good care of it – and it will take good care of you.

Stacy Johnson

It's not the usual blah, blah, blah

I know... every site you visit wants you to subscribe to their newsletter. But our news and advice is actually worth reading! For 25 years, I've been making people richer without making their eyes glaze over. You'll be glad you did. I guarantee it!

💰🗣📰

Read Next: Considering a Fixer-Upper? 15 Ways to Avoid a Money Pit

Check Out Our Hottest Deals!

We're always adding new deals and coupons that'll save you big bucks. See the deals to the right and hundreds more in our Deals section.

Click here to explore 1,990 more deals!