Even though the best travel credit cards are supposed to facilitate your foreign trips, you also need to take care so that you do not end up straining your budget with avoidable expenses. One of the ways many travelers sink into these avoidable expenditures is through ATM fees. As a smart spender, you can adjust your buying and spending plans to reduce or even eliminate ATM fees altogether. In the remaining parts of this post, we shall discuss how you can do this and make the most out of your travel budget.

Look for Your Bank’s Foreign Partners or Branches

The first trick you need to reduce (click here to learn more about the best travel credit cards) your expenses on ATMs is asking if your local Bank has a foreign partner in the country you intend to visit. If you find out that the bank has partners or branches there, you will be in a better position to avoid credit card ATM fees on your card. For instance, if you have Barclay’s card, you can get many Barclays branches in various countries on all the continents.

Utilize Global ATMS

The second way of dodging Unnecessary Bank Charges on your travel credit card is looking for banks that operate under The Global ATM Alliance that allows users under it to transact worldwide without extra ATM charges. For instance, if you are a member of Barclays Bank, you can benefit from this arrangement from across the world.

Prepaid Currency Cards

Another trick to help you avoid these charges is using Prepaid Currency Cards. The reason is that these cards come with their own exchange rates locked in them before traveling. This type of arrangement allows for the transferring of the cash to your card, making it possible to use your card like a debit card. In addition, they are great tools for spending overseas since they come with either nil or minimal withdrawal charges. In addition, they come in handy for users who have a poor credit rating. These specialized cards are also great tools if you are training your children to travel abroad on their own since they allow you to monitor and control their foreign expenditure. However, when you need to withdraw cash, some banks may still charge you up to 7 percent.

Conclusion

Traveling with your plastic is not a reason to incur avoidable expenses since we have clever tricks of circumventing them. For instance, you can use a prepaid plastic to help you get better rates and avoid low exchange rates. In addition, you can take advantage of global ATMs to avoid international withdrawal fees. Another way of avoiding these bank charges is looking for your bank’s foreign partners or branches in the country you intend to visit. We think that the hack tricks we have shared in this post will help you to make the most of your travel budget by avoiding unnecessary bank charges.