If you’re planning on travelling or going on holiday, then you might be stuck between the choice of taking your debit or credit cards. Traditional thinking seems to lean towards taking your credit cards with you as it can give you access to larger funds and was more widely accepted in the past.
However, nowadays the situation is changing and you may find that it’s actually better to stick with your debit card when abroad. Below, we have looked at the pros and cons of both:
Here are some of the top reasons to use a debit card when travelling:
Debit cards are now more widely accepted abroad than before – which is great news for those who don’t own credit cards. Many people either don’t have or don’t like to use their credit cards when abroad and young travellers in particular may not own credit cards.
Access to Cash
Debit cards also give you better access to cash from ATMs all over the world. While it’s not a good idea to carry large amounts of cash when travelling, having some loose change on you is often preferable to having a credit card in your pocket.
Find yourself in a panic when only cash will do, and a credit card is not much use.
Credit cards are often expensive to use when withdrawing cash and this can be a big downside. Add in the fact that you may face expensive fees to use your card abroad and it becomes an even less tempting proposition.
Debit cards are definitely the best way of getting access to local currency and the exchange rates are charged at the interbank rate which is usually the closest to the actual rate and better than exchange offices.
Can a Credit Card still be useful?
Whilst debit cards may be the wiser choice overall when travelling abroad, a credit card may still come in handy in the following situations:
Making large Purchases
If you’re planning on making big purchases then a credit card may be the better option. This is because you are better protected as your card provider is jointly responsible with the supplier for safeguarding your money and ensuring you get the goods and services you pay for.
Taking your credit card abroad is often reassuring – especially in case of an emergency. If your debit card is declined or you run out of funds then you may find that your credit card helps you to get out of a tight financial spot.
If you’re going away, it is probably a good idea to take your debit card for normal funds and to make small purchases but it might be a good idea to take a credit card with you as a back-up just in case something goes wrong. That way you have all the bases covered and can be sure you have enough money for any eventuality.
- License: Creative Commons image source
Simon writes for Payzonecards, a leading provider of UK card payment terminals. He covers a wide range of current topics, including all things card processing and related e-commerce topics
Maximum Power: Update Your Old House For Modern Electrical Needs
An outdated electrical system can wreak havoc on your energy bills and greatly increase your risk of structural damage. If...
Key Techniques To Learn On A First Aid Course
Introduction First aid training is an incredible qualification that can enable one to offer life saving assistance in an emergency....
Best Tips For Managing Your Building and Construction Projects
Building and construction projects consist of many tasks, from job-site duties to office paperwork. Juggling it all can oftentimes be...
How To Choose The Best Locksmith For The Job
The existence of a locksmith is very crucial for society because they help out countless people on a daily basis....
5 Modern Conservatory Ideas To Create A Serene Escape
Having a serene and relaxing conservatory is the dream, especially in the summer months. Creating an extension of your home...
4 Different Types Of Lifting Equipment For A Construction Site
One of the biggest challenges on a construction site is the problem of lifting heavy materials and tools to a...
5 Tips That Can Help Your Business Flourish
Many, both small and big, businesses were affected by the outbreak of the novel coronavirus, no one was spared. Overnight,...
Why First Aid Training Is Essential For Your Business
Introduction All employers, depending on the establishment, should organize and provide basic appropriate conditions for lunch breaks as well as...
Are You Covered? Tips For Finding Affordable Health Insurance For Your Whole Family
If you are in the market for health insurance, you may be overwhelmed by the many different features and the...
How to Prevent Potential Hazards In A Lab
Unfortunately, lab accidents can happen. When they do, the consequences can be very serious. Some of the most common lab...
How to Extend Your UK Spouse Visa
The UK spouse visa is also known as a UK marriage visa. The UK spouse visa allows married partners of...
How Best Is Automation Helping The Retail Industry to Survive?
“In the post Covid-19 world, the only place cos are willing to invest is in automation. The return on investment...
Best Artificial Intelligence Trends to Watch Out In 2021
Technologies are getting advanced day by day, and according to that, the developers and the mobile app development companies should...
Keeping Your Assets Safe — Crypto Insurance May Soon Become The Norm
Many people all over the world have compared the cryptocurrency market to the wild West, largely because of the fact...
Which VPN Is Best For The Windows 10?
VPN is necessary whether you are doing personal or professional activities. Fully secure VPN for the Windows 10 are hard...
Tech6 years ago
Creating An e-Commerce Website
Tech6 years ago
Design Template Guidelines For Mobile Apps
Business5 years ago
The Key Types Of Brochure Printing Services
Travel9 years ago
Who Else Wants Also Nfl Hat
General6 years ago
Kobe Bryant With His Unique Nba Jerseys
Tech7 years ago
Why Small Businesses Can't Ignore Mobile Technology
Tech6 years ago
Climb Google Using These Checklists
Health7 years ago
Health Supplements For Sports Activities Nutrition