Which travel credit card providers do we work with?
We compare dozens of the biggest credit card providers in the country, including:
A travel credit card can help you save a considerable amount of money if you are intending to use it whilst abroad (for example, whilst you are on holiday or on business). Many credit cards charge high fees for using the card abroad or withdrawing cash, however, travel cards typically have far lower fees, if any.
Transaction fees: regular credit cards often charge a foreign transaction fee every time you use it abroad, usually around 2.5%. This means that if you spend around £1,000, you will pay an extra £25 in fees.
Cash withdrawals: if you need to take money out of an ATM on holiday or overseas, this will often come with a 5% fee. So taking out £500 over the course of a week would cost £25 – whereas travel credit cards often charge around 2.5% or 3%.
Exchange rate: credit card providers will often charge you abroad and give you an exchange rate which is not particularly favourable – but again this can be avoided or reduced with a specialist travel credit card.
There are a variety of travel credit cards available, and some may be better for you than others. Things to consider include:
You can use the table provided by Proper Finance to narrow down your options and find the best travel credit card for you. We also offer a soft checker, meaning that any applications will not make any damage or impact to your credit score.
We aim to be as approachable as possible for our customers, and will always do our very best to assist you with any and all queries you may have concerning any part of our application process and more.
Our online application only takes minutes to complete, with decisions being made very quickly after this. A member of staff will contact you to help you proceed with the final steps.
Each and every one of the providers we work with are fully checked to ensure their reputability, their trustworthiness, and furthermore their competency in helping to provide you with the financial services you require.
The Proper Finance comparison site is free to use and there are no upfront fees for filling in our online application.
A number of travel credit cards do not charge fees, but do charge interest if you do not repay your balance on the statement each month, as is the case with other credit cards.
Yes, but depending on the provider you may face fees for doing so, such as accruing daily interest, or having to pay a cash advance fee. As a result, it is recommended to avoid doing so in order to save money.
Deciding to use a regular credit card could be very costly. The fees you will have to pay for credit cards not intended for international use include interest, cash withdrawal fees, transaction fees, as well as the exchange rate. This is on top of other normal credit card fees.
Yes, as with other credit card applications, the lender will carry out a credit check in order to determine your eligibility for this type of card. If you are successful, it will also determine the credit limit as well as the APR.
You should inform your provider as soon as possible. You could incur additional fees (such as a late payment charge and interest). It can also mean your credit score is affected, compromising your ability to gain further access to credit in the future.
It depends on the provider, so you should check the terms and conditions before going away. Many providers do not require you to inform them first, and this is not the case for Amex credit cards used for air miles.
No, a travel prepaid card means you can only spend what you have previously put onto the card, whilst on a travel credit card, you can spend up to your credit limit, and then repay the amount.
Yes, you will be eligible for financial protection if the amount that you spend on the travel credit card is between £100 and £30,000 in a single purchase.
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