Essential Tips for Choosing a Travel Credit Card

Owning a credit card comes with responsibilities, especially when traveling abroad. Travel credit cards are designed to make international spending easier and safer, offering perks suitable for frequent travelers. These cards are generally categorized into three types: hotel, airline, and multipurpose cards.

If you enjoy benefits like rewards and discounts on your travels, selecting the right travel credit card is essential.

Key guidelines for selecting a travel credit card
When traveling internationally, it’s best to avoid carrying large sums of cash and local currency, which can be vulnerable to theft.

Here are important do's and don'ts to consider when applying for a travel credit card.

Select a card that is widely accepted around the world, including airports, hotels, and car rental services.

Reward programs are popular—opt for a card that offers generous points or cashback for your spending.

Verify whether your card is authorized for international use and accepted at various venues.

Check the perks included within your credit limit, such as rental car coverage or travel insurance.

What to avoid when choosing a travel credit card.

Steer clear of cards that offer less than one cent per reward point, as the benefits might not be worth it.

Ensure your anticipated spending aligns with your credit limit; don’t get a travel card solely for bonus rewards.

Watch out for foreign transaction fees, which can be as high as 3%, adding to your expenses.

If your rewards are difficult to redeem at your favorite destinations, the card may not suit your needs. For frequent travelers, having a dedicated travel card is crucial for emergencies like flight or hotel issues. Consider whether to select a no-fee card or one with an annual fee.

Utilize loyalty points earned through your preferred airlines or hotels to save on future bookings. Keep copies of your card’s front and back in case of loss, and saving a digital copy can be helpful during emergencies.