So, what are the benefits of using a credit card abroad?
That all said, using a credit card abroad does have some perks. Firstly, you’re not wandering around like King Midas with all your riches in your pocket – credit cards are convenient and because you’re not carrying cash, it can make you less of a target for opportunist pick-pockets.
If you lose your credit card or it’s stolen, then you can cancel it and you should be reimbursed for any fraudulent transactions – you’ll need to speak to your credit card provider to be sure though. Using your credit card also means you’re protected for any purchases that cost between £100 and £30,000 so if anything goes wrong with what you’ve bought then your credit card provider (along with the retailer) is responsible for sorting it out (see our article on Section 75 for more information).
If your credit cards offer you rewards with purchases, then you may also still be able to get those perks when you buy things abroad. Credit cards are also widely accepted so you’re unlikely to be caught short if you don’t have enough cash on you.