Connect:
|
 |
Anna Hernandez FrenchSchool:Williams College Abroad Location: Spain |
I would do it again in a heartbeat. | |
| Studying abroad worked wonders on my self-confidence. This has benefited all aspects of my life. I have also grown more independent and feel more co ... | |
|
|
E-MAIL
SHARE
PRINTCredit Cards during Study Abroad
Credit cards offer wide acceptance in developed nations, and are becoming increasingly common in developing nations as well. Credit cards can be an invaluable financial tool abroad--when used wisely. Beyond giving you more spending power and favorable exchange rates, credit cards can be a valuable asset during a financial emergency.
Emergency cash
If you need instant access to cash, credit cards do the trick (see note below). If you have an American Express card you can visit more than 2,200 American Express locations for instant access to cash, traveler’s checks and other travel services. Find an American Express location in your host country. VISA and MasterCard (en español) also offer emergency assistance and travel services for card holders.
Note: Cash withdrawals usually carry a higher interest rate than regular transactions. Consult your credit card company about interest rates for cash withdrawals.
ID required
Credit card purchases abroad frequently require a proper ID. Many merchants, in fact, will require you to show your passport to use your credit card.