Planning a trip to Europe is exciting, but it also comes with certain challenges – some of which you may not have considered. For instance, have you thought about which credit card you’ll carry on your trip overseas? If not, you could be in for a frustrating and expensive vacation.
Luckily, you have the Nerds in your corner to help you find the right card for purchasing croissants in Paris or tickets to a flamenco festival in Spain. All of the cards highlighted below have two basic features:
- No foreign transaction fees, so you’ll save money every time you swipe, and
- EMV technology, so that your card will be accepted nearly anywhere
But beyond the basics, we also included cards that offer great rewards.
Best for travel hackers: Chase Sapphire Preferred® Card
If you spend a lot on dining and travel and are skilled at making frequent flyer miles go the distance, the Chase Sapphire Preferred® Card might be the card for you. It carries a stellar sign-up bonus: Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®. That’s enough to get a big jump on paying for your next trip.
When it comes to racking up rewards, the Chase Sapphire Preferred® Card has great earning power: Every time you use the card, you’ll be getting 2 points per dollar spent on dining in restaurants and travel and 1 point per dollar spent on all other purchases. Generally, the Chase Sapphire Preferred® Card points are worth one cent apiece. However, they’re worth 25% more when redeemed for travel through Chase Ultimate Rewards, which drives the value of each point up to 1.25 cents each. This amounts to a 2.50% rewards rate for restaurant and travel spending. Plus, you also have the option of transferring your points to participating travel partners at a 1:1 ratio.
For those with a permanent case of wanderlust, it really doesn’t get better than that.
Best for budget travelers: Bank of America® Travel Rewards Credit Card
You might be thinking that every great travel credit card out there carries an annual fee, but that’s not the case. With the Bank of America® Travel Rewards credit card, you’ll earn a generous, flat rewards rate with every dollar you spend on purchases – all with an annual fee of $0.
Paying for souvenirs, delicious meals and cultural excursions while you’re traveling in Europe will be a breeze if you bring the right card along – apply for one of the Nerds’ top picks today.
Travel image via Shutterstock