Connect with us

General

Why Could It Pay To Stick With A Debit Card While Abroad?

Why Could It Pay To Stick With A Debit Card While Abroad?

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:

Why Travel with a Debit Card?

Here are some of the top reasons to use a debit card when travelling:

Global Acceptance

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.

Why Could It Pay To Stick With A Debit Card While Abroad?

Less Fees

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.

Reassurance

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.

Featured images:
  •  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

Continue Reading

Recent Posts

Tech25 mins ago

TheWiSpy Best Spyware for Android in 2020

Are you trying to find the ideal mobile phone spyware program for this year? We have the one for you!...

Lifestyle53 mins ago

Garden Shed Buying Guide

Are you searching for the best and attractive solution for storing the extra items of the house? Do you also...

6 Most Common Gynaecology Surgeries and Procedures 6 Most Common Gynaecology Surgeries and Procedures
Health23 hours ago

6 Most Common Gynaecology Surgeries and Procedures

Have you been advised by your Singapore gynaecologist that to further examine a GYN problem, you need a procedure?  You...

3 Keys if You Want to Look Better 3 Keys if You Want to Look Better
Health5 days ago

3 Keys If You Want to Look Better

Are you generally happy with your look these days? In the event you said no, what steps can you take...

What Can You Do to Strengthen Your Business What Can You Do to Strengthen Your Business
Business5 days ago

What Can You Do to Strengthen Your Business?

Operating a business means you have a lot of weight on your shoulders to say the least. With that in...

Should You Buy Real Estate At The End Of 2020 Should You Buy Real Estate At The End Of 2020
Investments5 days ago

Should You Buy Real Estate At The End Of 2020

Experts analyzed the prospects and possible scenarios for the development of events. Residents of the US are warned about the...

How To Be A Confident Person How To Be A Confident Person
Life Hacks1 week ago

How To Be A Confident Person

Attractive, confident, funny, charismatic. These are some characteristics that define an alpha individual. While we all know what the goal...

Why Do Cats Get Diarrhea? Why Do Cats Get Diarrhea?
Pets1 week ago

Why Do Cats Get Diarrhea?

If you’re a pet owner, then you’ll know that one of the most common problems you need to deal with...

Common Reasons For Visiting An Orthopaedic Surgeon Common Reasons For Visiting An Orthopaedic Surgeon
Health2 weeks ago

Common Reasons For Visiting An Orthopaedic Surgeon

Have you suffered regular knee or back pain? Do you feel tired or stiff for a long time after resting...

Best Wholesale Beauty Product Suppliers In 2020 Best Wholesale Beauty Product Suppliers In 2020
Business2 weeks ago

Best Wholesale Beauty Product Suppliers In 2020

Beauty products include a range of goods that are used to care and enhance the appearance of your face, hair,...

Understanding The Benefits and Uses Of Reusable, Washable Breast Pads Understanding The Benefits and Uses Of Reusable, Washable Breast Pads
General3 weeks ago

Understanding The Benefits and Uses Of Reusable, Washable Breast Pads

Breast pads are every mother’s best friend post the delivery. They’ve been a lifeline for various reasons and from numerous...

Big Things A Digital Marketing Business Conducts Big Things A Digital Marketing Business Conducts
Tech3 weeks ago

Big Things A Digital Marketing Business Conducts

The customary word “ad” is defined as a communication procedure between the group of onlookers and the imminent business moving...

International Shipping In A Global Pandemic International Shipping In A Global Pandemic
Business3 weeks ago

International Shipping In A Global Pandemic

The Covid-19 pandemic completely turned the world on its head, in more ways than one. Beyond the devastating medical challenges,...

8 Ways To Reduce Stoke Risk 8 Ways To Reduce Stoke Risk
Health3 weeks ago

8 Ways To Reduce Stoke Risk

Stroke is the fifth leading cause of death in the United States. To help you understand how severe and common...

Top Whey Protein Recipes To Lose Your Body Fat Top Whey Protein Recipes To Lose Your Body Fat
Lifestyle4 weeks ago

Top Whey Protein Recipes To Lose Your Body Fat

Losing weight and keeping the kilos off is not an easy thing to do. Everything from what you consume to...

Categories

Archives

Trending