The Best Ways to Pay for Things When Traveling Abroad


Traveling abroad is an exciting adventure, but managing your finances in a foreign country can be challenging if you’re not prepared. One of the key aspects of international travel is deciding how to pay for things while you’re away. Making the right choices can save you money and ensure a hassle-free experience. In this guide, we’ll explore the best ways to pay for things when traveling abroad.

1. Credit Cards:

Credit cards offer numerous advantages for international travelers. They are widely accepted and provide an extra layer of security. Here’s more information:

  • Notify Your Bank: This is crucial to prevent your card from being blocked due to unusual transactions in a foreign country. Banks can sometimes misinterpret international purchases as suspicious activity.
  • Use Cards with No Foreign Transaction Fees: These fees, typically around 3% of the transaction amount, can quickly add up. Look for credit cards that waive these fees to save on costs.
  • Chip-and-PIN Cards: In Europe and many other regions, chip-and-PIN technology is the norm. Having a card that supports this feature can be particularly useful for unattended kiosks and certain transactions.
  • Emergency Cash: While credit cards are convenient, it’s wise to carry a small amount of local currency for situations where card payments might not be accepted, such as at street markets or small vendors.

2. Travel-Friendly Debit Cards:

Debit cards are great for accessing cash while abroad. Keep these tips in mind:

  • ATM Withdrawals: Use ATMs to withdraw local currency as needed. However, be mindful of ATM fees and currency conversion charges. Some banks offer accounts with reduced or waived foreign ATM fees.
  • Check for Partner Banks: Many international banks have partnerships with local banks in different countries. Using an ATM affiliated with your bank’s partner can result in lower or no withdrawal fees.

3. Prepaid Travel Cards:

Prepaid travel cards are an excellent choice for budget-conscious travelers and those who want to lock in exchange rates:

  • Multi-Currency Cards: These cards allow you to load multiple currencies onto a single card, making them ideal for trips with multiple destinations. You can load specific amounts of different currencies to match your travel plans.
  • Budget Control: Prepaid cards help you stay within your budget, as you can only spend what’s loaded onto the card. This feature can be especially helpful for students or travelers on a tight budget.

4. Mobile Payment Apps:

Mobile payment apps are a modern and convenient way to pay for purchases while abroad:

  • Convenience: Link your credit or debit cards to these apps, and you can make contactless payments at compatible terminals. This method is especially popular in countries like China and Japan.
  • Security: Mobile payment apps often incorporate advanced security features, such as tokenization, biometric authentication (like fingerprint or face recognition), and remote deactivation if your phone is lost or stolen.

5. Cash:

While digital payments are on the rise, cash remains essential in many situations:

  • Currency Exchange: Seek out local banks or currency exchange offices for the best exchange rates. Avoid exchanging money at the airport, as they typically offer less favorable rates.
  • Safety: It’s advisable to split your cash into different locations. Use a money belt or hidden pouch for most of your cash, carry a smaller amount in your wallet for daily expenses, and keep any excess funds in a hotel safe.

6. Traveler’s Checks:

Traveler’s checks are less common today but can still be a viable option for some travelers:

  • Acceptance Varies: Check the acceptance of traveler’s checks in your destination. In many places, especially popular tourist areas, they may still be accepted. However, they’re less versatile than other payment methods.


The best way to pay for things when traveling abroad often involves a combination of payment methods. Your choice will depend on factors such as the destination, your spending habits, and your comfort level with different payment options. Being well-prepared and diversified in your payment methods will help ensure a smooth and financially secure travel experience.


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