You could save hundreds of pounds on fees if you pick a credit card designed for spending abroad.
This table shows every credit card that you could use abroad so you can choose the best one for keeping your costs down. It includes each card's:
Foreign transactions fees
Cash withdrawal fees
Interest rate charged on cash withdrawals
You can also enter how much you plan to spend or withdraw on your card, and we will show you the cheapest cards with details of how much each one would cost in fees.
How much will transaction fees cost you?
The cost of using your credit card outside the UK for a £500 purchase will depend on the fee charged:
A card with a transaction fee of 2.99% would charge £14.95
A card with a transaction fee of 1.9% would charge £9.50
These fees can add up to a significant amount if you use your card frequently.
Some credit cards charge no foreign transaction fees at all, meaning you would not have to pay to spend on them abroad.
Here are all of the charges for using a credit card abroad.
Do some credit cards come with no fees at all?
No, spending on your credit card abroad could still come with the same charges you would get on any other card, including:
Interest if you do not pay your bill in full each month
Charges for going over your credit limit
The exchange rate will also affect how much spending on your credit card abroad will cost when your purchases are converted into pounds and added to your bill.
The rate is set by the company that processes the transactions on your card: MasterCard, Visa or American Express.
Can you withdraw cash abroad?
Yes, but it can be expensive:
You will usually have to pay a fee on the amount you take out. For example, a 5% fee on a £150 withdrawal would be £7.50
You will also be charged interest from the day you withdraw it until you pay it off
The interest rate you are charged will usually be higher than your normal APR
Here are all of the costs of withdrawing cash on your credit card.
Credit card abroad FAQs
Do overseas credit cards come with any other charges?
As well as foreign transaction charges, they can have the same fees as other credit cards like interest or late payment charges.
Can I withdraw cash on my credit card abroad?
Yes, but try to avoid this because you usually have to pay several fees and interest. Here is how much it could cost you.
Are my purchases protected abroad?
Where can I use my card?
You can use a credit card overseas in shops, restaurants or other businesses or in ATMs.
Could I use a prepaid card instead?
Yes, and although some prepaid cards charge you for using them abroad, they do not charge interest and some come without international fees.
How long does it take to get a card?
It usually takes around ten days for your card to arrive once you have applied. Here is how long it can take and how to speed up the process.
How many credit cards should I have?
Too many credit cards can hurt your credit record, but having cards for different uses can suit some people. Work out how many is too many here.