Ask an Expert: My Credit Card Won’t Work 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

A reader and her company need a credit card that works overseas. Are there any that can do the trick?

I review dozens of credit card offers each week to find the best deals. Check out more on our credit card page. Have a question? Email me.

A Money Talks News reader recently wrote me with a travel tech question…

Our company does a lot of overseas travel.  Since U.S. bank cards are not issued with electronic security chips, they are useless in most other parts of the world. Please tell me what you know about where we can get these cards in the U.S., and if we are at the mercy of the expensive Travelex-type companies for them.

Thanks,
Anne

As employees at Anne’s company have discovered, there’s a reason why your credit card might not work overseas. It turns out that credit card technology in Europe and other parts of the world has advanced beyond ours.

Specifically, if you want to buy a train ticket, you’ll find many unattended kiosks at European train stations – and they require cards with an EMV smart chip that U.S. cards don’t have. It’s frustrating to be denied a train ticket because your credit card is rejected – yup, it’s happened to me.

Until very recently, American cardholders had only one option: products such as Travelex, which Anne mentioned. These are called stored-value cards – which get the job done but come with a slew of fees and an awful exchange rate.

Fortunately, we’ve been catching up with our friends in the Old World. In the past year, several major card issuers have begun to issue products with embedded EMV smart chips. For example, Chase has made its Hyatt Credit Card, British Airways, and J.P. Morgan Select cards compatible with this new system. Others with this feature include most Bank of America cards, the U.S. Bank FlexPerks Travel Rewards Visa, the Wells Fargo Platinum, and all Citi MasterCards.

And if you already have one of these cards but don’t have the EMV chip, simply call your card issuer and ask for a new card before your next overseas trip. You should get one at no cost.

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: Ask Stacy: What’s the Best Way to Borrow?

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 2,060 more deals!