The majority of us do not realize how much cash we annually spend on traveling. We spend millions every year just getting from place to place, but you can lower your expenses by selecting a good travel credit card. Every time you spend your money abroad, you will be saving. Many of these cards feature extremely amazing sign-up bonus offers, and others include cost savings on foreign currency conversion. I stumbled upon a couple of amazing travel credit cards with fantastic benefits that I am about to discuss in this article.
TransferWise prepaid card
Keep a TransferWise card in your wallet if you wish to save some cash on your international trips. This debit card is linked with your TransferWise account. Since this bank account is borderless, you can keep multiple currencies in it and directly spend it, wherever you are. It relieves you from the struggle of currency conversion. You can also use this travel card to purchase without paying any fees. They will definitely convert your money with mid-market exchange rates. If you are spending any currency currently present in your account, there are absolutely no fees. However, on converting any foreign currency, they will charge you a conversion charge between 0.35% and 1%. There are also no costs on withdrawing as much as GBP 200 each month from an atm machine with this debit card. All these cost savings will amount to more holiday fun.
Important properties of Revolut travel card
Another great option in this league is a Revolut debit card. Their debit cards provide digital banking services to their customers along with an ingenious method of saving your money on international remittances. The Revolut debit card enables you to spend your money in 130 countries around the world without paying any charges. This account may also be used for holding and spending as much as 25 distinct currencies. It is also totally free to take out money from an atm machine with these debit cards as much as GBP 200 per month. Above this limit, they charge a little 2% charge. Revolut is also among the few banking companies that let you buy and exchange crypto-currencies using their debit card. You can go with either a Standard or a Premium version of this card, each with their own costs and benefits. There is no annual charge for the Standard variant, but the Premium variant has an annual fee of GBP 72. It offers fringe benefits like a higher limit of foreign ATM withdrawals, the option to transfer crypto-currencies, and free medical insurance coverage for international travellers.
Opting for an excellent travel card will help save you from lots of additional expenditures. While travelling, it’s not a good idea to spend a huge part of your savings on currency conversion and card transaction fee. These travel cards will help you skip those additional charges so you can consume your money on enjoying your vacation. They are operational in practically every nation and offer round-the-clock customer assistance. They also have a dedicated mobile app to help you monitor your expenditures. Nevertheless, I discovered that TransferWise cards will help save you more money on exchange rates and conversion fees than the Revolut Card. But both of these travel cards are trusted by a lot of consumers worldwide. You won’t believe how fantastic it is to have a specialized travel card like these; it will totally transform your travel experience!