Using Your Credit Card While On Vacation

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Aiming to save money on our credit cards should be something that we all should be doing. This can be done by switching your credit card to one that has a 0% interest free offer on balance transfers and purchases, or simply playing a credit card game such as stoozing. The term stoozing is used to describe the practice of using the credit limit you receive on a credit card to make money by transferring the balance to high interest savings account.

It can be so much simpler to save money without having to go through all of these games and switching from one credit card issuer to the next. Many people while on holiday use their credit card to either make purchases or to withdraw cash from an ATM. This is one credit card usage you should always avoid.

Your credit card will incur a load of different charges when it is used abroad, which will be adding up on the bill when you return from your trip. Many of these charges you will not even be aware of, as many of us do not even realise that the charges exist.

Every purchase incurs a foreign usage fee

Did you know that you could be charged by up to 2.00 a transaction on your credit card for every...

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