When travelling abroad, it's important to take care of safe and convenient payment options in advance. Finding the right bank card that can be used anywhere in the world, especially outside the Eurozone, becomes a critical task. However, many banks charge fees for international transactions, which can significantly increase the cost of your travel. This article provides an overview of the best online banks that can help you avoid these additional costs and keep you travelling comfortably.
How to choose an online bank?
When choosing an online bank for travelling, it's important to consider a few key factors. First of all, make sure the bank supports international transactions without hidden fees. This will help you avoid unexpected expenses while travelling. Next, evaluate the level of security offered by the bank:
- Whether a notification is sent with every transaction;
- Whether there are alerts when spending limits are reached;
- How fast customer service is available in case of problems abroad.
It is also important to consider which bank offers the best exchange rates. Rates can vary considerably, so comparing them can help you save money on your exchange. Pay attention to additional bonuses, such as cashback or travel discounts, that some banks offer. These can be a welcome addition to the convenience of using your card abroad.
What you need to do before going on holiday?
There are a few important things to do before you go on holiday. Firstly, check the expiry date of your bank card. This may seem obvious, but it's better to make sure in advance so you don't run into trouble if your card turns out to be invalid at the most inopportune moment.
You should also check all the details of bank charges, especially for payments or withdrawals abroad. Finding out in advance will help you avoid unexpected charges. Letting your financial adviser know about your upcoming trip will help him or her to take timely action if there are any problems with your purchases abroad.
Check to see if the country you are travelling to accepts your bank card. In some countries, terminals may not support certain cards, forcing you to carry cash, which isn't always convenient or safe. If your card works, it's worth considering increasing your payment and withdrawal limits for the duration of your holiday.
Finally, find out about the travel insurance linked to your card. It can cover lost luggage, flight delays, trip cancellations and other unexpected expenses, allowing you to travel more confidently.
Best online banks for travelling
When it comes to choosing an online bank for travelling, it's important to consider the key features and benefits that different banks offer. Below is an overview of the best options.
1. Fortuneo Gold Mastercard
This card tops the list of online banks for travelling. It offers free payments and withdrawals worldwide, offers extended insurance coverage and travel assistance, and high transaction limits. For example, the card covers public liability abroad and insurance in case of trip cancellation or interruption. Additionally, it allows secure online shopping, withdrawal or payment limits can be changed at the touch of a button, and funds can be debited immediately or at a later date, at the user's choice.
2. Boursorama Welcome
In second place is Boursorama with the Welcome card. This card is free and available with no income requirements, allowing you to make payments and withdrawals for free worldwide. Various types of insurance are included, including travel insurance. Boursorama's transparency is one of its main advantages, as users can check the limits allowed, which is not always possible with other banks. If the basic options are not enough, additional features can be added depending on the needs.
3. Hello Bank! Prime
Hello Bank! Prime comes in third place and offers a card for €5 per month that can be used both in France and abroad. You can choose between immediate and deferred debit. Insurance coverage includes trip cancellation, change or interruption, transport delays, theft and lost luggage, making it a convenient choice for travellers.
4. Platinum from American Express
For high-end travellers, the Platinum card from American Express is the best choice. It costs €55 per month, is available regardless of income level and allows free payments and withdrawals within Europe. This card offers many exclusive services such as access to airport lounges, concierge services and upgrades. Importantly, the insurance on this card is one of the most comprehensive and effective, including medical tele-consultation in French available 24/7, which is very useful in case of health problems.
Conclusion
When choosing an online bank for travelling, it is important to consider both financial terms and additional services such as insurance and support abroad. Making the optimal choice can make travelling much easier and reduce the risks of unexpected expenses. Carefully weigh the benefits of each option to travel with comfort and peace of mind.
Comments