Every time digital transactions gain more ground to cash payments, so it is easy to get carried away by the cards when traveling abroad. And, although it is true that most countries do not have any problem when accepting digital payments, it is convenient to assess the pros and cons of using each payment method before packing.

The pros


In case of theft, the cards offer more security. If your card is lost or stolen, you can easily cancel it or inform your bank that you have lost it. If you lose a large amount of cash, you can do little except regret the loss.

Using cash in large quantities can become a target for thieves. If you take a wad of bills when you are going to pay anything, it is easy to think that you are a tourist. However, if you pay discreetly with a card, they are much less likely to be noticed.

The cards are very practical in the sense that you do not have to go to change money nor do you need to look for an ATM.

Some credit cards offer loyalty points when you pay abroad. If you travel abroad regularly, it may be worth looking for a card that offers these rewards.

When you pay with a credit card, they usually apply a better exchange rate than the one that would apply if you take money from an ATM or change to a exchange house, although it is always good to check it before traveling.

The cons

The cons

Some merchants may not accept your specific card or simply do not accept card payments, so if you do not have cash, you will not be able to make the purchase.

One of the most common problems of using cards abroad are commissions. These international commissions can be up to 5% per transaction, so it may be worth checking the fine print of your card to make sure what the commission is.

In some countries, money laundering prevention procedures require presenting some form of identity document when making a card payment, so the inconvenience of always having to carry identification form with you is added.

One last tip


Something that sometimes we forget is to inform the bank that we are abroad. Do it, because in some cases they may identify your expenses in another country as suspects and have a problem when paying.