One of the major advertised benefits of applying for and having a credit card is the fact that they are accepted at millions of outlets all round the world. But, are there any major issues you need to be considering when using your credit for foreign purchases? The following are some that you may wish to consider:
Lost, stolen and fraudulent use
Certain credit card issuers have varying policies with respect to any lost, stolen or fraudulent use of you credit card for foreign purchases. It is, therefore, vital that you review your credit card agreement to see how this may affect you with respect to any purchases you make overseas.
Refund policy
Ordinarily, when using your credit card in your home country, your credit card issuer will provide you with free insurance if the item you purchase from a retailer is in any way defective or gets broken. However, when you make a foreign purchase this could change i.e. you may no longer be entitled to this refund policy. Likewise, any lowest purchase price insurance, where you are basically guaranteed youll pay the lowest price in the market for a product, will almost certainly not apply in the case of using...
To view and download this full PLR article, you must be logged in. Registration is completely free. Once you create your account, you will be able to browse, search & downlod from our PLR articles database of over "1,57,897+" on 1,000's of niches and 200+ categories without paying a penny. Click here to signup...
