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The best credit cards for using abroad

If you’re a regular traveller, you will have faced the dilemma of whether to change your pounds to foreign currency or use your credit and debit cards to pay for things. When you use your UK cards away from home, you’ll be charged the exchange rate at the time of the transaction and card holders are normally charged a fee, which varies depending on the credit card. So which are the best credit cards for using abroad?
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Typical APRs

You should normally expect to be charged something like 2% of the transaction value when you use the card abroad. Some credit card providers have a low rate when the card’s used in Europe but ask you for more when the card’s used outside of the continent. If you’re heading to the airport soon, you should check the charges with your credit card provider. You could do this when you contact them to tell them you’ll be away for a while, which you need to do anyway so they know the money you spend abroad isn’t the result of someone using stolen credit card details.

No charges

Of course the best cards to use abroad are those that don’t charge you for making a transaction away from the UK. The Capital One Classic Extra card, the Nationwide Select Low Balance Transfer Fee Visa credit card and the aqua Advance Credit Card are three examples of card you can get that don’t charge a transaction fee while you’re abroad.

Final word

You can find further examples of credit cards that don’t charge you for their use in foreign countries by checking out a comparison site like uswitch.com or comparethemarket.com, but beware that some of these cards have very high APR charges no matter where the transaction takes place. Don’t make the mistake of thinking that a card without charges for foreign use is a great one for you because the credit card company might just be getting their money back from you anyway with higher than average APR charges.

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