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Which is the best British credit cards for use abroad?
You can get a free credit or debit cards for your own trips, which you can use abroad. You cannot get a trip award without a currency charge. One of my favorite credit cards options is Tandem Money, which clicks on all cases - no annuity charge, no forex charge and 0.5% cash back on all your issues.
We' ve written here about the Tandem Money Cash-back credit line. Also, I suggest Revolut (the credit you can charge from a credit bank and issue without foreign currency fees) and Curve Cards ( no foreign currency charges and your shopping will be transferred to a Visa or Mastercard link). However, if you are traveling for work, your credit cards will be refunded by your employers.
There' s no inducement for you to get a seperate 0% currency charge ticket. I suppose your aim should be to maximize the reward for yourself. I' m not going to concentrate on credit cards here because they don't vary whether you buy in the UK or abroad. All I want to do is look at cards that raise your earnings rates for currency trades.
These are your choices for cards that have bonus for overseas spend, but in exchange pay a 2. 99% currency fee: The American Express Preferred Rewards Gold - twice the points abroad, i.e. 2 per 1, which means among other things 2 Avios or other air mileage, 4 Hilton points, 3 Starwood / Marriott points or 6 Radisson Rewards points.
For the first year the ticket is free of charge. 6 per cent floating, up to and incl. annuity charge (free in year 1), calculated on a fictitious credit line of £1,200. Rewards IHG Club Mastercard - twice the points abroad, i.e. 2 IHG Rewards Club points per 1, which I estimate at 0.8p - £1. It'?s free.
Rewards Club Premium Mastercard - twice the points abroad, i.e. 4 IHG Rewards Club points per £1, which I estimate at 1. 6p - 2p. 5 per cent floating, up to and including a charge calculated on a fictitious credit line of £1200. Premier HSBC Mastercard - twice the points abroad, i.e. 1 Avios or other flight Miles.
It is free, but you must have a HSBC Premier checking account that meets stringent admission requirements. With a £195 charge, the World Elite edition of this map also earn twice the points abroad and is valued at 2 £1 pervios. As you can see, there are some good choices here that can give you a yield of around 2% on your expenses.
This is less than the 2. 99% international charge that you naturally incur, which is why these are not appealing offers for your own use, only for commercial expenses. Referrals are primarily predicated on the earning of points and mileage, and do not take into account interest rate, credit level or any effect on your credit histories.
When I recommend credit cards on this website, I am - from a technical point of view - a credit intermediary.