Top 3 International Credit Cards
An international credit card is used just about anywhere in the globe. It has an international SIM card and a unique magnetic stripe on its back, which is used to make purchases. However, not all cards which function in the U.S. also work when you travel abroad. A card that you are able to use in Canada, Australia, Europe, Japan, Mexico and other places means that you will run into companies who only accept certain forms of payment when abroad.
For example, cards that operate through banks in your home country may not be accepted at all in a foreign country if they do not have an equivalent amount for the amount you wish to purchase or withdraw from your account. This is due to the different currencies, which are used around the world. You will usually notice that there are two kinds of cards. There are the ones which are compatible with most countries’ currencies and there are the cards which only operate in one currency. There are some establishments that only deal in the one currency but it’s usually recommended that you should use a card which offers you the most flexibility.
You may also want to consider the advantages of using an international credit card beyond the fact that it allows you to use it anywhere you like. One of the main reasons many people traveling internationally prefer to use these cards is because they are processed quickly. They also offer more perks than a traveler’s checkbook. The best cards will let you pay for items by simply using your debit or credit card instead of withdrawing it from your bank.
However, not all international credit cards operate in exactly the same way. There are plenty of options available on the market, so it can become confusing knowing which one is best for you. Here is a quick look at each one of the major participating credit card companies: Chase, Discover, Bank of America, MasterCard and Visa. Each one has it’s own strengths and weaknesses, which I’ll cover below.
Chase: The biggest and most popular international credit cards come from Chase. It offers several different options that can suit any personal or business travel needs. They offer cards that offer cash back on purchases, air miles and a host of other incentives which are great for business trips or travel. Some of the flight specials with Chase include: low cost flights, discounted or cheap rates on hotels and car rentals and tickets to attractions. You can even get discounts on tickets to certain theaters or attractions if you play a certain number of cards.
This is one of the oldest and most trusted card brands. They have earned themselves the reputation of being one of the most generous credit card providers around. For many years now they have offered frequent flyer miles and other benefits such as free airline tickets. Whether you use their card abroad or at home, you will be able to take advantage of all the great deals and savings which Chase offers which are not available with any other card brands.
Discover: While Chase offers several credit cards to choose from, Discover offers one of the most generous programs in the industry. They currently offer credit cards which offer no international transaction fees, no annual fee, no late payment penalties and one to twenty thousand point bonus. This means that every dollar you spend when you shop online or use their travel cards abroad, you will earn three to four extra points. This is an excellent deal which will allow you to spend more on the things you want to buy without worrying about paying high foreign transaction fees or other unforeseen costs.
Bank of America: Another one of the top providers of international travel rewards cards is Bank of America. Like many of their competitors, they also offer a variety of benefits and features that can be useful to people planning trips or vacations. Like Bank of America, they currently offer no annual fee, no foreign transaction fee and three to four extra points for every dollar you spend when shopping online or when using their travel cards abroad. These are only a few of the benefits that you will get from using their cards to pay for your purchases.