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Things to Know About Best Credit Card For Travel & Overseas Spending

Author : Tawan Anantachin

A dedicated writer specializing in insurance and financial services, with a particular focus on motor insurance

Reviewed : Panjama Srihong

With over a decade of dedicated service in the dynamic realm of the Online Travel Agency (OTA) industry, my journey as a travel enthusiast. Having honed my craft with two industry giants, Laterooms and Expedia, I've had the privilege of exploring the world through the lens of both traveler and industry insider.

Published October 03, 2023
Best Credit Card For Travel & Overseas Spending

With its convenient location, excellent transportation links, and diverse culture, it is no wonder that Singapore is a global travel hub. Even for Singaporeans, some of the most well-traveled people in the world, they love to explore new places.

But sometimes it costs too much for travelling, especially if you travel to places frequently. That is why it is essential for Singaporean travel lovers to have the best credit card for travel purposes to take the most benefits from each of your trip.

What Is the Benefit of Using A Credit Card for Travel?

Best credit cards for travel or overseas spending can be a convenient way to pay for expenses while travelling. You do not have to worry about carrying around large amount of cash or exchanging currencies. You can also use your credit card to book flights and hotels online, which can save you time and hassle.

Additionally, there are a range of benefits from credit cards for travelling or the best credit card for overseas spending that can help you save money on your travels, including:

No Foreign Transaction Fees

Many credit cards in Singapore charge foreign transaction fees, typically around 2-3% for each transaction, which might cost you much if you have to travel frequently. However, many best credit cards for overseas spending waive foreign transaction fees, saving you money on every transaction you make overseas.

Currency Conversion Rates

Credit card transactions made abroad are subject to currency conversion rates. Ensure you are aware of the rates applied by your best overseas spending credit card issuer and compare them to the market rates to ensure fair conversion.

Travel Rewards

Many best credit card for travel offer travel rewards programs that allow you to earn points or miles on every purchase you make. These points and miles can then be redeemed for flights, hotels, car rentals, and other travel expenses. This is a great way to save money on your travels and get even more out of your credit card.

Travel Insurance

Some best travel credit cards offer complimentary travel insurance, which can protect you from unexpected expenses such as trip cancellation, medical emergencies, and lost or stolen luggage. This peace of mind is invaluable when travelling abroad.

Airport Lounge Access

Some best travel credit card also offer complimentary airport lounge access, where you can relax and unwind before your flight. This is a great way to start your vacation off on the right foot, especially if you have a long flight ahead of you. 

How to Choose the Best Travel Credit Card?

If you are a Singaporean travel lover, having the best credit card for travel is a must. It can help you save money, get travel rewards, and protect yourself from unexpected expenses. However, before you apply for a travel credit card, there are a few things you should consider, which are:

Card Acceptance

Not all best overseas spending credit card are accepted in all countries and merchants. Be sure to check the card’s website or contact the issuer to confirm that it will be accepted where you plan to travel. You may also want to consider getting a backup credit card from a different issuer, just in case.

Lost or Stolen Card

If your credit card is lost or stolen while you’re overseas, it can be a major hassle. Be sure to have the issuer’s contact information handy so that you can report the loss or theft immediately. You may also want to consider getting a travel insurance policy that includes coverage for lost or stolen luggage and personal belongings.

Card Security

When using your credit card overseas, it is important to be extra vigilant about security. Avoid using your card at ATMs that are located in poorly lit or isolated areas. Also, be sure to cover your PIN when entering it at an ATM or when paying for goods and services.

Daily Spending Limit

Many credit cards have daily spending limits, which can be especially restrictive when traveling. Before your trip, contact your issuer to increase your daily spending limit if necessary.

Other Benefits

In addition to the above benefits, there are a few other things you may want to consider when choosing a travel credit card such as airport lounge access, car rental insurance, and purchase protection.

Tips to Consider Using Best Overseas Spending Credit Card 

Here are some additional tips for using your travel credit card overseas:

  • Notify your credit card issuer in advance of your travel plans. This will help to prevent your card from being flagged for fraudulent activity.
  • Keep a copy of your credit card statement in a safe place. This will help you to track your spending and identify any unauthorized charges.
  • Be aware of the exchange rate before you make a purchase. You can use a currency converter app or website to check the current exchange rate.
  • Consider using a chip-and-PIN credit card. Chip-and-PIN cards are more secure than traditional credit cards and are more widely accepted in overseas countries.
  • Be careful about using your credit card at ATMs. ATMs can be a target for scammers, so it’s important to be vigilant when using them. Avoid using ATMs that are located in poorly lit or isolated areas.

By following these tips, you can protect yourself and your credit card when traveling overseas. With a travel credit card from Rabbit Care’s trusted partners in your wallet, you can enjoy a safe and convenient experience while exploring the world. Compare and see more exclusive deals today for your new credit card for travel and overseas spending on Rabbit Care.


This blog is for discussing the significance of having the best credit card for travel, particularly for Singaporeans who frequently explore new destinations. The convenience and benefits of using credit cards for travel expenses, including avoiding foreign transaction fees, favorable currency conversion rates, travel rewards programs, travel insurance coverage, and airport lounge access, are explained. Choosing the right travel credit card should concern factors such as card acceptance, security, daily spending limits, and other benefits. Finally, using the best of travel and overseas credit cards is beneficial for those who often travel. By visiting Rabbit Care, you can compare and select a credit card that fits for your lifestyle.

Category Care Financial