Travelling overseas could end up costing you more than you budgeted for. Perhaps you budget to spend $100 a day, but find yourself spending a bit more.
It can be common to be charged a fee for overseas transactions. This fee could be say, 3% on every transaction you make when you’re overseas. Sure, that might only be an extra $3 a day when you budget $100, but over time that figure builds up. Once you spend $5,000 on overseas transactions, you’ve just paid $150 in fees. Isn’t that money better spent on an experience of a lifetime? We think so too.
So, have a look at the foreign transaction fee on your credit card. It’s easy to find a card that waives these fees if this is something important to you.