When traveling, there is always the risk of something going wrong such as your credit card being lost or stolen. In order to prevent a major disruption, read on for some tips on how you can be adequately prepared for disaster. Make sure you follow these credit card tips when you travel these coming holidays.
Make copies of all important documents:
Before you travel, you should make copies of all important documents including credit cards and airline tickets. By doing this, the process of cancelling your credit card, should it get lost or stolen, will be a lot faster and will save a lot of wasted time.
Travel with individual credit cards:
If you are travelling with a partner or even with a friend, it is a good idea if you both have your own separate credit cards in your own separate names. That way, if one gets lost or stolen, at least you have another card to rely on until the other is replaced.
Notify your credit card company before you leave:
When travelling abroad, you may use your credit card a little or a lot more than usual. It is, therefore, possible that your bank will deactivate your card due to suspicion of it being over-used. If you let your credit card company know that you are going away, it will stop them from deactivating it unnecessarily.
Watch out for conversion fees:
If you are using your credit card abroad, you should look out for any conversion fees that your bank charges to convert foreign currency to dollars. If you have several cards, it’s worth checking with the issuers to see which one offers the best deal on foreign currency conversion and then look at other factors. You should also make sure that the country which you are travelling to will accept a five digit pin number as they do in South Africa.
If you are travelling this holiday season, we hope these tips have helped. Don’t forget to look at LikeMoney’s platform for comparing, among other things, the best credit card providers in South Africa.