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Traveling a bride.
It doesn't have to be expensive as expensive as you think my next guest says consumers can save up to 16% on international travel.
-- being Smart about converting their money joining me now DC it's -- Topic to meet trio the CEO of card hub dot com how they doing your name.
-- they didn't -- you for coming up.
We're glad you're here OK explain the 16% -- -- can save money like that.
Yeah absolutely sad part of the -- -- gone -- -- this study.
And we compared to what does it call it what is the exchange and aid that you get if you use your credit card that vs getting costs have from your local bank the Florida.
Going on -- our -- overseas.
And vs using one of these say companies like -- Alexa do you find that the airport sending duties the areas that -- this nation.
And Lewis talked to find out that essentially using -- no foreign transaction fee committed guarded.
You can save up to 16%.
On your purchases abroad.
How do you elephants and -- foreign transaction the -- they are they all that way.
Well that the easiest to it actually know the 90% of -- -- have a foreign transaction fee of what around 3%.
And if you go to a website like garden -- dot com.
You can see you all major -- -- that did not charge foreign transaction fees you also say have to pay attention to the debit card.
Absolutely -- not much it away you go you cannot just to -- -- they've -- you we need cats.
And in some countries you might that -- rely -- costs less at the -- is out there is bad debt.
Similarity you can get that no foreign transaction fee debit card and use the eight the end -- -- to visit you go do the weekly dot -- and you get -- again a lot of savings.
You also say make sure both are on -- -- -- -- MasterCard network that makes tons of sense let's get to the Dell wants though you say.
And I was amazed by this don't forget to tell your bank you're leaving I never would have done -- -- you say it's important -- It's very environment banks we see transactions happening from a country you haven't been -- -- and they might started declining all the transactions and that.
Your plan goes up also -- That's that's great advice you say traveling without knowing how to call your bank collect.
That's a little number on the back of the debit card right there's like an international 800 number 888 number of.
Exactly actually it needs to -- -- two different number -- -- local number but when you call it from overseas.
You they would accept -- class phone -- so you can call them for free and that's why it's important to note that number because it's different.
Okay here's the final thing here -- should I agree to have purchased totals converted into US dollars is a tricky one.
This is -- -- -- -- -- and the one that palace -- the victim a few years back.
And other foreign merchant we pretty is that nobody pretend that they're trying to convenience and they we say oh would you like to see -- receiving US dollars.
And it sounds not tell you say why not the but that.
If you accept that then you might be.
Getting charged an exchange rate that they -- -- up to 10% higher than if you say no thank you -- nice -- -- -- -- -- -- currencies.
And I will let my -- to the conversion for me.
-- any other sources for savings.
And hey I mean that in these days they've good got companies are completed completing very hard for people that have excellent credit.
So -- by getting that I crave guy you can even get out of the 500 dollars -- -- back of that day signing up for that I'd card.
Are right well you know -- I believe you are Greek is now a good time to go.
It's a date time to go after them and -- since out only in this month part of a lot and send it.
And all that's what then does that help -- like for the percent discount -- relative to a few years back.
That's a big discount my friends that your best tip of the entire segment thank you so much it was a real pleasure to talk to you -- you some.
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