Money and you
Hidden fees and other risks: the disadvantages of using a credit card abroad
The disadvantages of using a credit card abroad haven’t stopped it from becoming an extremely popular way of paying while traveling. While most people are aware that foreign transaction fees are involved, there are other drawbacks to be aware of. It’s certainly convenient to use a credit card abroad since they’re so widely accepted. Credit and debit cards from the major card networks are now accepted in stores and ATMs worldwide. Whether you’re withdrawing cash abroad or paying in a store, using your credit card is simple. Yet, that doesn’t mean that it always makes good financial sense. You don’t
