Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.
Best travel money options
Your one-stop guide to travel money
Travel credit cards are just like any other credit card but they come with extra perks such as reward points, complimentary travel insurance and zero fees on foreign transactions.
Here’s a quick look at some of the travel credit cards with various features that you might come across in your search for the card that fits your needs.
Hilton Honors American Express Card. This travel card boasts perks such as:
- Complimentary travel insurance
- $0 annual fee (see rates & fees)
- 80,000 bonus points after spending $1,000 in the first 3 months
- 7x points on Hilton hotel and resort purchases and 5x points at US restaurants, US supermarkets and US gas stations. Plus earn 3x points on all other eligible purchases.
- No foreign transaction fees
A credit score of 670 or higher is recommended when applying for this card.
Bank of America® Travel Rewards Credit Card. This simple card is a heavy contender when it comes to travel-friendly credit cards because it:
- Waives both the foreign transaction and annual fee
- Earns 1.5 points for every dollar spent
- 0% intro APR for the first year
- Spend $1,000 in the first 90 days and you’ll be awarded 25,000 bonus points
A credit score of 670 to 850 is recommended when applying for this card.
Chase Sapphire Preferred® Card. This popular card is a must-consider for travelers because:
- No foreign transaction fees
- 2x points on dining and travel, 5x points on Lyft rides and 1x points on everything else
- Points can transfer to airline and hotel programs
- Travel insurance
- Purchase protection
A good to excellent credit score of 670 to 850 is recommended when applying for this card.
This card can be preloaded ahead of traveling, which can be ideal when organizing your travel budget.
Travelex Money Card. One of the only available prepaid travel money cards on the market, the Travelex Money Card is worth a look because of its convenient perks:
- Load up to six foreign currencies
- No foreign transaction fees if you pay in local currency
- No international or domestic ATM fees
- No bank withdrawal fees
- Load up to $10,000 and spend up to $5,000 per day
To get a Travelex Money Card, the only requirement is that you’re at least 18 years old (or younger in some states).
Compare travel credit cards
How to select the right combination of travel money options
There’s no such thing as the one perfect travel money card. The ideal option will depend on your financial situation, spending habits and vacation plans.
For example, if you travel frequently, a travel-friendly debit or credit card could be a good way to spend and earn rewards. If you’re a student traveler, a prepaid travel money card could be a better way to access your own funds across multiple currencies.
While one travel money option may be preferable over another, you should have a backup in case of an emergency — cash is always reliable. Consider your financial situation and how you’d like to use your money when you’re on vacation to determine which combination of travel money possibilities is right for you.
Guide to traveling with money overseas
Mistakes to avoid
- Relying on one option. It’s better to not rely on just one option — who knows what could happen. A backup debit or credit card could be a trip saver if your prepaid card or cash is misplaced or stolen.
- Reloading time. If you’re using a prepaid travel money card and need to load funds on the card, keep in mind that it could take a few business days to process.
- Fees. Make sure you’re aware of all the fees involved, including interest charges, international ATM fees and foreign transaction fees so you don’t come home to a surprisingly large bill.
- Accepted currencies and worldwide access. Check ahead of time whether the countries you are planning to visit will accept your card as an acceptable form of payment. It’s also important to confirm whether the local currency is supported by your card.
- Restrictions. Check with your card provider before traveling to see if there are any current restrictions on using your card in the destination you’ll be heading to.
Your card of choice comes down to what you feel would work best for you when traveling. Comparing your options will ensure that you know what’s available on the market and which is the right choice for you. Happy traveling!Back to top
More guides on Finder
Best credit cards for travel in 2021
Here are our picks for the top travel cards on the market.
Which credit cards have gotten better during COVID-19?
Earn more rewards on select categories or get an extension of some travel perks.
Coronavirus: How to manage your credit card
Learn about coronavirus financial support options, complimentary insurance and other credit card details you may be wondering about.
IHG® Rewards Club Traveler Credit Card review
A no-annual-fee card with attractive rewards on IHG spending.
Credit cards with contactless payment
Use your credit card without swiping or dipping it.
The best airline and travel credit cards for bad credit
There are a handful of secured airline credit cards.
HSBC travel insurance: Which credit cards have it?
Save on insurance costs by using your HSBC credit card’s complimentary insurance cover. Learn more about this perk here.
Credit cards with lost luggage reimbursement
Many travel credit cards offer this benefit, though coverage amounts can vary.
Your guide to the American Express “refer a friend” program
A step by step guide on how to refer a friend through the American Express referral program to earn bonus Membership Rewards points.
20 Best credit card signup bonuses of January 2021
Signup bonuses are offered to attract the consumers to apply for a credit card. Learn more about sign-up bonuses, find out what’s on offer and learn how to apply in our hand guide.
Ask an Expert