Best Card for Overseas Travel
When travelling abroad, it’s essential to have a credit card that caters to your specific needs. From foreign transaction fees to travel rewards and insurance coverage, finding the best card for overseas travel can make a significant impact on your travel experience. In this article, we’ll explore some of the top credit cards that are ideal for international travel.
Chase Sapphire Preferred
The Chase Sapphire Preferred card is a popular choice for frequent travelers thanks to its generous rewards, travel benefits, and lack of foreign transaction fees. Cardholders earn 2 points per dollar on travel and dining purchases, and 1 point per dollar on all other purchases. The points can be transferred to various hotel and airline partners or redeemed for travel through the Chase Ultimate Rewards portal. The card also offers primary rental car insurance, trip cancellation/interruption insurance, and no foreign transaction fees, making it an excellent choice for overseas travel.
Capital One Venture Rewards Credit Card
The Capital One Venture Rewards credit card is another top contender for international travel. It offers 2 miles per dollar on all purchases, and miles can be redeemed for any travel purchase at a rate of 1 cent per mile. The card comes with no foreign transaction fees, travel accident insurance, and 24/7 concierge service. Additionally, cardholders can receive a Global Entry or TSA PreCheck application fee credit, making it ideal for frequent international travelers.
American Express Platinum Card
The American Express Platinum card is a premium travel card with a range of benefits for frequent flyers. Cardholders earn 5 points per dollar on flights booked directly with airlines or with American Express Travel, as well as 5 points per dollar on eligible hotels booked on amextravel.com. The card also offers access to airport lounges, statement credits for travel-related expenses, and a variety of travel insurance benefits. While the card does have a high annual fee, the benefits and rewards can make it a worthwhile investment for frequent international travelers.
Conclusion
When it comes to overseas travel, having the right credit card can make all the difference. Whether you’re looking for travel rewards, no foreign transaction fees, or comprehensive travel insurance coverage, there are several credit cards on the market that cater to the needs of international travelers. By carefully considering the features and benefits of each card, you can find the best card for overseas travel that suits your individual travel habits and preferences.
FAQs
Are there any other fees to consider when using a credit card for overseas travel?
In addition to foreign transaction fees, it’s essential to consider other potential costs when using a credit card abroad. Some cards may charge currency conversion fees, ATM withdrawal fees, or even fees for using your card abroad. Be sure to read the terms and conditions of your credit card carefully to understand all potential costs associated with international use.
Is it worth paying an annual fee for a credit card for overseas travel?
While many travel credit cards come with an annual fee, the benefits and rewards offered by these cards can often outweigh the cost. If you’re a frequent international traveler and can take advantage of the travel rewards, insurance coverage, and other perks offered by a premium travel card, paying an annual fee may be well worth the investment. It’s essential to carefully evaluate the potential benefits and costs of a card before deciding if the annual fee is worth it for your specific travel needs.
