Travelling soon? Here are five features your travel credit card needs
As travel restrictions continue to ease, more Canadians are itching to pack their bags and see the world. In fact, a recent survey from Statistics Canada found that Canadians took 46.5 million trips within the country or abroad in the first quarter of 2022 – almost 20 million more than the same period in 2021!
And if you are thinking about planning a trip, one important thing to pack is a credit card that offers useful travel benefits that can help you have a stress-free experience. With this in mind, we look at some of the features to watch out for when choosing a credit card for travel.
1. Worldwide acceptance
One of the most essential features of a good travel credit card is being a reliable method of payment in as many destinations as possible, so it’s a good idea to use a card that’s on a credit card network with a wide geographical footprint. For instance, a credit card on the Visa network is accepted in more than 200 countries and territories.
2. Secure purchasing
A credit card with a layer of security features against fraud and theft will bring you peace of mind when making purchases on your travels. Features to look out for include insurance against damages when you purchase an item and protection against unauthorized use of your account.
3. Guaranteed hotel reservations
A good travel credit card will also be able to guarantee hotel reservations anywhere in the world and hold your room even if you arrive late.
4. Digital Wallet ready
Being able to tap your mobile device to make payments is a great convenience when travelling, so it’s useful to have a credit card that you can add to your digital wallet.
5. No foreign exchange fees
Many credit cards charge foreign exchange fees when you make purchases while abroad, which can have a real impact on your travel budget. A good travel card, however, will not charge exchange fees on foreign currency transactions, allowing you to maximize your budget.
Packing the right credit card when you travel can make your trip a more enjoyable experience. One such credit card is the Home Trust Preferred Visa, which offers useful travel benefits like no exchange fees on foreign transactions. And while other travel credit cards often charge an annual fee for these benefits, the versatile benefits of the Home Trust Preferred Visa are all yours for no annual fee.
With Home Trust’s Preferred Visa, you will have a flexible financial tool when you travel. Learn more by visiting hometrust.ca/credit-cards/preferred-visa-card.
The information, materials and opinions contained in this Blog are provided for our information only. This Blog does not constitute legal, financial or other professional advice and you should not rely on it as an alternative to specific advice based on your particular circumstance. This Blog contains links to third party websites. These links are provided for information and convenience; Home Trust does not endorse the content of any third party website, and it makes no representation or warranty as to the information on such third party sites. By clicking on any link to a third party site, you leave Home Trust’s website and do so at your own risk. Home Trust disclaims all liability for any damage or loss that results from your access to or reliance on information contained in this Blog or any third party site.