Disadvantages of travelling with credit cards
Advertising Disclosure
Credit-Land.com is an independent, advertising-supported web site. Credit-Land.com receives compensation from many credit card issuers whose offers appear on our site. Compensation from our advertising partners impacts how and where their products appear on our site, including, for example, the order in which they may appear within review lists. Credit-Land.com has not reviewed all available credit card offers in the marketplace.
Credit Card Applications » Research » Guides » Travel with Credit Cards » Disadvantages of travelling with credit cards

Disadvantages of travelling with credit cards

By
Add to Favorites:

Credit cards or plastic money has revolutionized money transactions all over the world. There are many advantages of credit cards besides facilitating cashless transactions. They are easy to carry, have a lesser chance of theft and are accepted all over the world.

The above benefits are the reasons why people find it handy and helpful in traveling with credit cards. One must also see the fact that traveling with credit cards has certain drawbacks. These drawbacks can be summarized in the following points.

Drawbacks of travelling with credit cards
  1. Credit cards cannot meet all expenses. Although Visa cards and Master cards are now accepted worldwide, they have their use limited to places that have card swiping machines. Smaller joints or eateries or even flea markets do not have the facility of using credit cards. So if a tourist has shopping in mind and he is travelling with credit cards only, he might have to stick to costlier retail shops than the cheaper road side outlets. This makes use of credit cards when travelling very costly.
  2. The credit card has the risk of getting cloned. At an unknown destination it would be difficult for you to stop any kind of fraud in such cases.
  3. The travellers` credit cards have a higher interest rate than the normal ones. This adds up to the accumulated expenses resulting in a huge bill amount.
  4. Use of credit cards to withdraw money can be a matter of inconvenience. The length of the pin code numbers vary from country to country. If used without prior knowledge then the credit card might get blocked.
  5. If travelling to third world countries credit cards may prove to be useless. This is mainly because these countries do not use ATM`s and secondly the use of swiping machines is very limited.
  6. For every instance of withdrawal of money in a foreign country, the service charge levied is much higher than in the home country.
  7. For card security purposes, card holders travelling to foreign countries are instructed to put their signatures on the other side of the card. This practice although good for the security of the card prevents the other family members from using them.
  8. Any kind of discrepancy during any transaction using the card, at a foreign location, will be hard to resolve.
  9. Since the working hours differ from country to country and is set according to the time zone of the country so getting help from the service centres when located at a foreign country may be very difficult.

Add to Favorites:
Get the latest news, articles and expert advice delivered to your inbox. It's FREE.

Other Travel with Credit Cards Research:

Related Research:

5 Reasons to Get the Capital One Venture Miles Rewards Card

By Herbert Moore, Posted: January 18, 2017

If you’re looking for a great travel rewards credit card—one that offers unlimited earning opportunities, flexible redemption, and lots of perks—look no further. This card from Capital One has you covered. Continue reading

Credit Card Tips For Holiday Shopping 2016

By Herbert Moore, Posted: November 23, 2016

November and December are the busiest months as gift shopping reaches its peak. People rush around looking for the best gifts and the best deals leaving a lot of money in the shops. Holiday season may force you to go over the household ... Continue reading

Credit Cards to Save More on Holiday Shopping

By Herbert Moore, Posted: November 22, 2016

Discounts and special offers are available all year round. Werther you are a bargain hunter or an impulse buyer, make sure you check online discounts and special offers. Also, if you are a cardholder, see if your credit card opens the door ... Continue reading