Cash or Credit Card for Your Travels Abroad

Posted on Thursday, September 19th, 2024 | By IndusInd Bank

Travelling abroad can be a thrilling adventure. But it comes with its fair share of challenges. One such challenge is managing finances. This could include paying for an indulgent meal, buying an expensive souvenir, or any unexpected expense. Many travellers face this issue during their travels. This leaves them unsure of whether to rely on cash or a credit card for their overseas expenditures. This blog will help you decide whether to carry cash or use a credit card for your next international trip.

The Convenience of Credit Cards for Foreign Travel

When travelling abroad, carrying sizeable sums of cash can be risky and inconvenient. You may have to exchange currencies constantly. Keeping track of different denominations of a foreign currency can be difficult and also involves the risk of theft. A credit card for abroad travel can simplify your financial management and offer added benefits.

Why Choose a Credit Card Over Cash?

Here are all the reasons you should consider when using credit cards for your travels:

· Security and Fraud Protection

Carrying cash exposes you to the risk of theft or loss. If you lose cash, it is gone forever. In contrast, if your credit card gets lost or stolen, you can quickly report it to your bank. They will block any unauthorised transactions. Many credit cards also come with fraud protection. For example, IndusInd Bank offers the Total Protect program for its credit cardholders. This program protects you against unauthorised transactions if your credit card gets lost or stolen. This ensures that you are not held liable for transactions that you did not authorise.

· Rewards and Benefits

Using a credit card for foreign travel can be rewarding in more ways than one. Many credit cards offer rewards points, cashback, or air miles for every transaction you make abroad. These rewards can add up with time and offset some of your travel costs. Some credit cards also offer travel-related benefits, such as complimentary airport lounge access, travel insurance, and discounts on hotel bookings.

· Ease of Currency Conversion

Using a credit card for overseas travel means automatic currency conversion at the time of the transaction. You do not have to worry about exchanging money or calculating exchange rates. Also, credit cards often offer competitive exchange rates compared to currency exchange counters.

· Emergency Assistance

A credit card can be a lifesaver in the event of an emergency. During a medical emergency or sudden change in travel plans, a credit card can instantly provide you with the funds you need. Some credit cards also offer emergency cash advance services and 24/7 customer support. This ensures you are never left stranded.

Choosing the Right Credit Card for Your Foreign Travels: IndusInd Bank Avios Visa Infinite Credit Card

Not all credit cards offer the same benefits, especially for international travel. When looking to apply for a credit card for foreign travel, a great option we recommend is IndusInd Bank’s Avios Visa Infinite Credit Card. Here is what you get with this card:

· International Travel Health Insurance

With the IndusInd Bank Avios Visa Infinite Credit Card, you get a complimentary personal air accident insurance cover of up to ₹60 lakhs.

· Travel Perks

What makes Avios Visa Infinite Credit Card an ideal choice, is the travel-related perks it offers. For example, you can receive 2 complimentary visits to select airport lounges in India per calendar quarter. These benefits can enhance your travel experience and provide peace of mind.

· Airline Benefits

IndusInd Bank Avios Visa Infinite Credit Card allows you to choose between the Qatar Airways Privilege Club and the British Airways Executive Club. This gives you access to exclusive benefits with the airline. For example, if you choose Qatar Airways Privilege Club, you can enjoy 10% off on flight bookings made on www.qatarairways.com or the Qatar Airways mobile app.

If you are looking for the best credit card for foreign travel, IndusInd Bank offers a range of Credit Cards tailored to meet the needs of frequent travellers. You can also explore other options like the Platinum Aura Edge Credit Card and the Legend Credit Card from IndusInd Bank.

Also Read: How to Choose the Best Credit Card with Airport Lounge Access?

Conclusion

To managing your finances while travelling abroad, choosing the best credit card for overseas travel over cash offers several advantages. From security and convenience to rewards and travel perks, a credit card for foreign travel can enhance your travel experience.

As you plan your next international trip, consider applying for an IndusInd Bank Credit Card that aligns with your travel needs. With its wide range of benefits and global acceptance, it is the perfect travel companion that ensures you have a worry-free journey.

Ready to make your travels abroad more convenient and rewarding? Apply now for an IndusInd Bank Credit Card today and unlock a world of benefits.

Disclaimer:
The information provided in this article is generic and for informational purposes only. It is not a substitute for specific advice in your circumstances. Hence, you are advised to consult your financial advisor before making any financial decision. IndusInd Bank Limited (IBL) does not influence the views of the author in any way. IBL and the author shall not be responsible for any direct/indirect loss or liability incurred by the reader for making any financial decisions based on the contents and information.