Traveling abroad is an exciting experience. Along with enjoying new cultures, new experiences, and new cuisines, it’s also important to make your journey smooth and convenient. And the right credit card can be a great help in this. Today, we’ll tell you about some of the best credit cards designed specifically for international travelers, which can offer you a variety of benefits.
Why is a Credit Card Important for International Travel?
Using a credit card during international travel is beneficial in many ways:
- Security: Credit cards are safer than carrying cash. You can block them immediately if they are lost or stolen.
- Convenience: Withdrawing or exchanging cash everywhere is difficult. You can easily make payments with a credit card, whether it’s hotel bookings, shopping, or restaurant bills.
- Rewards and Benefits: Many credit cards offer you rewards points, miles, and cashback, which you can use on your next trip.
- Helpful in Emergencies: A credit card can be very helpful in case of an emergency abroad.
- Credit Score: When used correctly, credit cards also help improve your credit score.
Things to Consider When Choosing a Credit Card for International Travel
When choosing a credit card for international travel, it’s important to keep a few things in mind:
- Foreign Currency Transaction Fees: This is the fee that banks charge you on every international transaction. Choosing a card with low or zero foreign currency transaction fees is beneficial.
- Reward Points and Miles: See how many reward points or miles the card gives you on international spending. Some cards give you more rewards on airline tickets, hotel bookings, and other travel-related expenses.
- Travel Insurance: Some credit cards also offer travel insurance, which covers things like medical emergencies, lost luggage, and flight delays.
- Airport Lounge Access: Many premium credit cards offer you free access to airport lounges, which can make your journey more comfortable.
- Other Benefits: Some cards also offer you discounted hotel stays, car rentals, and other travel-related benefits.
Best Credit Cards for International Travelers in India
The best credit card depends on your individual needs and spending habits. However, some popular options are:
- Axis Bank Miles & More World Credit Card: This card is great for those who frequently travel with Lufthansa and the Star Alliance network. It gives you miles, lounge access, and travel insurance benefits.
- HDFC Regalia Credit Card: This is a premium card that gives you many travel benefits, such as lounge access, complimentary airport transfers, and travel insurance.
- SBI Card PRIME: This card also gives you many travel-related benefits along with reward points.
- ICICI Bank Sapphiro Credit Card: This card gives you travel vouchers, lounge access, and other benefits along with reward points.
- Standard Chartered Super Value Titanium Credit Card: This card is good for those who spend more on fuel, as it gives you a fuel surcharge waiver. However, international transaction fees apply to it, so it is better considered for use primarily in India, but can also be beneficial for international use with some special discounts.
How to Compare Different Credit Cards?
You can use online tools to compare different credit cards. Many websites help you compare credit cards and choose the best card according to your needs. You can also get information about various cards by visiting the banks’ websites.
Some Important Tips:
- Understand your needs: First, understand your needs. What kind of travel do you do? How much do you spend? What kind of benefits do you need?
- Read the fees and charges carefully: Carefully read all the fees and charges of the credit card, especially foreign currency transaction fees, annual fees, and late payment fees.
- Keep track of your credit limit: Keep track of your credit limit and don’t overspend.
- Make payments on time: Pay your credit card bill on time to avoid late payment fees and also maintain a good credit score.
- Contact customer care: Do not hesitate to contact the bank’s customer care for any questions or problems.
Conclusion
By choosing the right credit card, you can make your international travel even more convenient and rewarding. With the help of the tips and information given above, you can choose the best credit card for yourself. When planning your trip, be sure to compare different credit cards and choose the best card according to your needs.
FAQs (Frequently Asked Questions):
- Q: Do I need to get a separate credit card for international travel?
A: It depends on your travel frequency and spending habits. If you travel abroad frequently, a credit card designed specifically for international travel can be beneficial.
- Q: Can I use my Indian credit card abroad?
A: Yes, you can use your Indian credit card abroad, but you will have to pay foreign currency transaction fees.
- Q: Should I inform my bank before traveling abroad?
A: Yes, it is advisable to inform your bank before your international travel so that they do not block your card.
- Q: Can I withdraw cash from ATMs abroad?
A: Yes, you can withdraw cash from ATMs abroad, but you will have to pay ATM fees and foreign currency transaction fees.
- Q: How should I keep my credit card details safe?
A: Never share your credit card details with anyone. Avoid online transactions while using public Wi-Fi. Check your credit card statements regularly.