Best Credit Card for Overseas Travel
June 2nd, 2010
Finding the Best Credit Cards for Overseas Travel
Finding the best credit card for overseas travel can offer you peace of mind and still give you handy access to your own cash.
Featured Travel Card
With the ANZ Frequent Flyer Credit Card you will earn 1 point for every dollar you spend on the American Express Card. You will also receive a Visa credit card for 1 annual fee
- $95 annual fee
- 19.74% p.a. on purchases
- Cash Advance Rate of 20.99% p.a.
- 44 days interest free
Best Credit Card for Overseas Travel
| Interest Rate (p.a.) | Balance Transfer Rate (p.a.) | Annual fee | Cash Advance Rate (p.a.) | ||
|---|---|---|---|---|---|
 ANZ Frequent Flyer | 19.74% | $95 | 20.99% |
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 HSBC Platinum Qantas Credit Card | 20.99% | 0% for 6 months with 2% handling fee | $199 | 21.99% |
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 Westpac Altitude Card | 19.99% | 3.99% for 6 months | $100 | 21.59% |
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 Westpac Earth Classic | 19.99% | 0.99% for 6 months | $75 | 21.49% |
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 Westpac Singapore Airlines Gold | 19.49% | 0.99% for 6 months | $125 | 20.74% |
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 Westpac Altitude Gold Cards | 19.99% | 3.99% for 6 months | $150 | 21.59% |
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 ANZ Frequent Flyer Platinum American Express/Visa | 19.74% | $295 | 20.99% |
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 Westpac Singapore Airlines Platinum | 19.49% | 0.99% for 6 months | $250 | 20.74% |
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 American Express Qantas Ultimate Card | 20.74% | $450 | 20.99% |
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 Westpac Earth Platinum Cards | 19.99% | 0.99% for 6 months | $250 | 21.49% |
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The difference between these kinds of travel credit cards and traditional credit cards is that they’re linked to your savings account or cheque account. This means you’re accessing your own money rather than a credit limit.
Technically, this makes travel cards more similar to a debit card, as the fund you spend are coming from your own savings account or cheque account.
Because the money you spend comes from your own savings, you’re not being charged any interest on the amounts you spend. You’re also not accumulating any debt.
Keep in mind that if you’ve depleted the funds in your savings account, you’ll be unable to use your travel credit card, so be sure you have enough cash in savings before you use your card to pay for purchases.
On top of this, you still have access to paying for items at millions of outlets and locations around the world wherever the Visa or MasterCard logo is displayed. You’re also able to purchase things easily online or via EFTPOS transactions. You’re also able to withdraw your money from ATMs, which can offer easy access if you’re travelling overseas.
Instant Approval with No Credit Check
The best credit cards for overseas travel should offer you an instant approval. You should also find that there is no credit check required for approval for these cards. This is because there’s no credit limit to be approved for, as the funds you use will be linked to your own savings account.
Add the benefit of not being charged any interest rates, and it’s easy to see why travel credit cards are becoming increasingly popular.
Another point to note with these types of travel cards is that you don’t need to be over 18 years of age to qualify. This can be ideal for younger customers or students needing to travel.
International travellers have easy access to a combination of their own cash, a credit card to make payments around the world easily, as well as having a travel credit card.
This means that the best credit cards for overseas travel are a foolproof way to travel almost anywhere in the world.
The difference between these kinds of travel credit cards and traditional credit cards is that they’re linked to your savings account or cheque account. This means you’re accessing your own money rather than a credit limit.
Technically, this makes travel cards more similar to a debit card, as the fund you spend are coming from your own savings account or cheque account.
Because the money you spend comes from your own savings, you’re not being charged any interest on the amounts you spend. You’re also not accumulating any debt.
Keep in mind that if you’ve depleted the funds in your savings account, you’ll be unable to use your travel credit card, so be sure you have enough cash in savings before you use your card to pay for purchases.
On top of this, you still have access to paying for items at millions of outlets and locations around the world wherever the Visa or MasterCard logo is displayed. You’re also able to purchase things easily online or via EFTPOS transactions. You’re also able to withdraw your money from ATMs, which can offer easy access if you’re travelling overseas.
Instant Approval with No Credit Check
The best credit cards for overseas travel should offer you an instant approval. You should also find that there is no credit check required for approval for these cards. This is because there’s no credit limit to be approved for, as the funds you use will be linked to your own savings account.
Add the benefit of not being charged any interest rates, and it’s easy to see why travel credit cards are becoming increasingly popular.
Another point to note with these types of travel cards is that you don’t need to be over 18 years of age to qualify. This can be ideal for younger customers or students needing to travel.
International travellers have easy access to a combination of their own cash, a credit card to make payments around the world easily, as well as having a travel credit card.
This means that the best credit cards for overseas travel are a foolproof way to travel almost anywhere in the world.
Editors Choice: Featured Credit Card Deals
| Interest Rate (p.a.) | Balance Transfer Rate (p.a.) | Annual fee | Cash Advance Rate (p.a.) | ||
|---|---|---|---|---|---|
 Westpac 55 Day Credit Card | 0% for 5 months (reverts to 19.59% ) | 3.99% for 6 months | $0 | 21.49% |
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 Citibank Clear Platinum Card | 11.99% | 2.9% for 12 months | $99 | 21.74% |
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