3 Reasons to Take Your Credit Card With You

With stories about credit card fraud and theft, you may be wary about bringing along your credit cards when traveling. However, there are many good reasons why you should. Credit cards can make traveling easier and keep you safe. Here are some other benefits of bringing credit cards when traveling.

1. Less hassles: Traveling with a credit card will make your life easier should you encounter an unexpected delay with your flights, or problems with a rental car or hotel reservation. When you use your credit card for these purchases, there is immediate record of the transactions, making it easier to handle your complaint and receive quicker resolution. Also, many rental car companies will not allow you to rent a car using a debit card, so a credit card would be required. Many credits cards offer lost luggage protection, so if your luggage is lost while traveling, you can get reimbursed by your credit card company. In addition, many businesses in foreign countries are reluctant to take payment in forms other than a credit card. Using your credit card for shopping and dining is recommended and a good way to get quality service without any hassles.
2. Rewards and travel protection: Most credit cards offer frequent flyer miles when you use it to purchase airline tickets. You can accumulate miles and eventually earn free flights. Plus, if you use credit cards for rental cars, you can gain rewards and save money on your next rental or earn free rentals altogether. Using a rewards card for hotel reservations may earn you free stays. Plus, most credit cards offer travel protection. That means that if something goes wrong with your travel plans, such as an overcharge or not getting the hotel room, flight or car you originally reserved, the credit card company will work on your behalf to reimburse you.
3. Better conversion rates: When using credit cards in other countries, purchases are converted at the currency exchange rate. Even though most credit cards charge currency conversion fees for each credit card purchase you make, these fees are generally lower that what you would pay to convert cash or traveler’s checks. However, you should call your credit card company before traveling to a foreign country and ask what fees you should expect to pay.

Travel delays are inevitable. Credit cards can be a lifesaver should the unexpected happen. Being without cash in an unfamiliar place can be scary. Always carry at least one credit card with you when traveling, but be vigilant and use it wisely.

David Boyd is CoFounder of CreditCardCompare.com.au. a leading financial website based in Australia where users can compare credit cards including a range of the best credit cards with travel insurance that save you money and provide basic cover for free.