Traveling is something that a vast majority of us love to do and engage in the act of. However sometimes it can be hard to maintain and gain all the knowledge needed when it comes to traveling and financial issue. This article gives you the insight into five things that you should be aware of when you are traveling and using your credit card.
Key Takeaways:
- Some card issuers will charge you anywhere from 1 to 3 percent of the total transaction
- A common scam that targets travelers involves a late-night phone call to your hotel room.
- Vendors who use this system typically set high exchange rates and include hidden fees.
“Consider using your credit card for large purchases when traveling overseas. Even with international transaction fees tacked on, you may still save money on big-ticket items because most credit cards charge at the lowest conversion rate available, also known as the Interbank rate.”
http://traveltips.usatoday.com/5-things-beware-traveling-abroad-credit-card-108846.html
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