Going on a trip abroad is something many of us spend months — if not years — planning and budgeting for. But few consider some of the hidden costs that can crop up, leading to bigger bills that might ruin your travel.
A foreign transaction fee on your credit card, for example, can lead you to paying far more for everyday purchases while you’re visiting another country. If you’re a frequent traveller, this might mean you spend hundreds of dollars in foreign transaction fees a year.
The good news is there are ways to avoid international transaction fees and save money when you make international purchases so that you’re only spending money on the things you really want to while you travel.