Traveling to the United States requires careful financial planning, especially when it comes to managing your expenses during your trip. One of the most convenient ways to handle your finances while traveling is by using a travel card. A travel card allows you to make purchases and withdraw cash in the local currency without the hassle of exchanging money or dealing with foreign transaction fees. In this article, we will explore the various options available for obtaining a travel card for use in the USA, along with the benefits and considerations for each type.
1. Credit Card Issuers
One of the most popular and versatile options for a travel card is a travel credit card issued by major banks and financial institutions. These cards are specifically designed for international travelers and often come with a range of benefits that make them ideal for use in the USA.
Popular Travel Credit Cards
Chase Sapphire Preferred® Card: This card is highly regarded for its travel rewards program, offering points that can be redeemed for flights, hotels, and other travel expenses. It also comes with no foreign transaction fees and provides comprehensive travel insurance.
Capital One Venture Rewards Credit Card: Known for its straightforward rewards system, the Capital One Venture card offers double miles on every purchase, which can be redeemed for travel expenses. It also waives foreign transaction fees, making it a great option for use in the USA.
American Express Platinum Card®: While this card comes with a higher annual fee, it offers premium travel benefits, including access to airport lounges, travel credits, and a robust rewards program. It is widely accepted in the USA and does not charge foreign transaction fees.
How to Apply
You can apply for these travel credit cards directly through the issuing bank’s website or by visiting a branch if you’re in the USA. The application process typically involves providing your personal information, income details, and credit history. Once approved, you will receive your card within a few days to a few weeks, depending on the issuer.
Benefits of Using a Travel Credit Card
No Foreign Transaction Fees: Most travel credit cards waive foreign transaction fees, which can save you money on purchases made in the USA.
Rewards and Points: Earn points or miles on your purchases, which can be redeemed for travel expenses, cash back, or other rewards.
Travel Insurance: Many travel credit cards come with built-in travel insurance, covering trip cancellations, lost luggage, and medical emergencies.
Convenience: Credit cards are widely accepted in the USA, making them a convenient option for everyday purchases.
Considerations
Annual Fees: Some travel credit cards come with high annual fees, so it’s essential to consider whether the benefits outweigh the cost.
Credit Score Requirements: Travel credit cards often require a good to excellent credit score for approval. Make sure to check the eligibility criteria before applying.
Interest Rates: Be mindful of the interest rates on your travel credit card. Paying off your balance in full each month can help you avoid high interest charges.
2. Prepaid Travel Cards
Prepaid travel cards are another excellent option for managing your expenses in the USA. These cards are preloaded with a specific amount of money and can be used like a debit card. They are a safe and convenient way to carry money without the risk of overspending.
Where to Get Prepaid Travel Cards
Travelex: Travelex is a well-known provider of prepaid travel cards, offering a card that can be loaded with multiple currencies, including USD. You can order a Travelex card online or visit one of their currency exchange offices.
Revolut: Revolut is a digital banking app that offers a prepaid travel card with no hidden fees. It supports multiple currencies and provides competitive exchange rates, making it a popular choice for travelers.
Post Office Travel Money Card (UK): If you are in the UK, the Post Office offers a prepaid travel money card that can be loaded with USD and used across the USA. It is a secure way to carry money and manage your expenses.
How to Apply
Applying for a prepaid travel card is straightforward. You can order the card online from the provider’s website, where you can select the amount of money to load onto the card. Some providers also allow you to pick up the card in person from a local branch or currency exchange office.
Benefits of Using a Prepaid Travel Card
Fixed Spending Limit: Since the card is preloaded with a specific amount, it helps you stick to your budget and avoid overspending.
No Credit Check Required: Unlike credit cards, prepaid travel cards do not require a credit check, making them accessible to a broader range of travelers.
Security: If your prepaid travel card is lost or stolen, it can be easily replaced without losing the funds.
Competitive Exchange Rates: Many prepaid travel cards offer competitive exchange rates, helping you get more value for your money.
Considerations
Reload Fees: Some prepaid travel cards charge fees for reloading the card with additional funds, so it’s essential to be aware of these costs.
Limited Acceptance: While prepaid travel cards are widely accepted, they may not be accepted at all merchants, particularly for certain online transactions.
Currency Conversion Fees: If you use a prepaid travel card in a currency other than the one loaded onto the card, you may be charged a conversion fee.
See also: Is Tata Aig Travel Insurance Good in USA?
3. Debit Cards from Local Banks
If you prefer using a debit card for your travel expenses, you can explore travel-specific debit cards offered by your local bank. These cards allow you to withdraw cash and make purchases directly from your bank account while traveling in the USA.
Where to Get Travel Debit Cards
HSBC (UK): HSBC offers an international bank account that comes with a debit card suitable for use in the USA. It provides competitive exchange rates and no foreign transaction fees.
Citibank: Citibank has a global presence, and their debit cards can be used at ATMs and merchants across the USA without incurring foreign transaction fees.
Charles Schwab (USA): Charles Schwab offers a debit card with no foreign transaction fees and unlimited ATM fee reimbursements, making it an excellent option for travelers in the USA.
How to Apply
To obtain a travel debit card, you need to open an account with the bank offering the card. You can do this online or by visiting a local branch. Once your account is set up, you will receive your debit card in the mail.
Benefits of Using a Travel Debit Card
Direct Access to Funds: Debit cards provide direct access to the funds in your bank account, making it easy to manage your money while traveling.
No Interest Charges: Unlike credit cards, debit cards do not incur interest charges, making them a cost-effective option.
ATM Withdrawals: Many travel debit cards offer free or low-cost ATM withdrawals, allowing you to access cash while in the USA.
Considerations
Overdraft Fees: Be cautious of overdraft fees, which can be high if you accidentally spend more than the available balance in your account.
Security Risks: If your debit card is lost or stolen, it may be challenging to recover the funds quickly. Consider using a travel-specific debit card with added security features.
Limited Rewards: Debit cards typically do not offer rewards or points, making them less attractive for travelers looking to earn travel perks.
4. Travel Agencies and Currency Exchange Services
Some travel agencies and currency exchange services offer specialized travel cards that can be used in the USA. These cards are often prepaid and provide a secure way to carry money during your trip.
Where to Get Travel Cards from Travel Agencies
Western Union: Western Union offers prepaid travel cards that can be loaded with USD and used at ATMs and merchants in the USA. These cards are available online or at Western Union locations.
MoneyGram: Similar to Western Union, MoneyGram provides prepaid travel cards that can be loaded with funds in USD. These cards are convenient for travelers who want to avoid carrying large amounts of cash.
Thomas Cook (India): If you are traveling from India, Thomas Cook offers a prepaid travel card that can be loaded with multiple currencies, including USD. It provides a secure and convenient way to manage your travel expenses in the USA.
How to Apply
You can obtain a travel card from these providers by visiting their website or a physical location. The application process is typically quick, and you can load the card with funds online or in person.
Benefits of Using a Travel Card from a Travel Agency
Ease of Use: These cards are easy to use and provide a simple way to manage your travel expenses.
Global Acceptance: Prepaid travel cards from reputable providers are widely accepted at ATMs and merchants across the USA.
Reloadable: Many travel cards can be reloaded with additional funds online or at participating locations, making them flexible for longer trips.
Considerations
Fees: Be aware of the fees associated with these cards, including purchase fees, reload fees, and ATM withdrawal fees.
Exchange Rates: While convenient, the exchange rates offered by these services may not be as competitive as those from banks or credit card issuers.
Limited Features: Travel cards from agencies may lack the rewards and additional features offered by travel credit or debit cards.
See also: Should You Get Travel Insurance When Going to Usa?
5. Airline and Hotel Co-Branded Cards
For frequent travelers, co-branded travel cards offered by airlines and hotel chains can be a valuable option. These cards often provide exclusive benefits, such as priority boarding, free checked bags, and hotel upgrades, making them ideal for use in the USA.
Popular Airline and Hotel Co-Branded Cards
Delta SkyMiles® Gold American Express Card: This card offers miles on every purchase, priority boarding, and a free checked bag on Delta flights. It also has no foreign transaction fees, making it suitable for use in the USA.
Marriott Bonvoy Boundless® Credit Card: Ideal for travelers who frequently stay at Marriott properties, this card offers points for hotel stays, free nights, and no foreign transaction fees.
United Explorer Card: This card provides miles on every purchase, free checked bags, and priority boarding on United flights, along with no foreign transaction fees.
How to Apply
You can apply for these co-branded cards directly through the airline or hotel chain’s website or via the issuing bank. The application process is similar to that of a standard travel credit card.
Benefits of Using a Co-Branded Travel Card
Exclusive Perks: Enjoy benefits like free checked bags, priority boarding, and hotel upgrades, which can enhance your travel experience.
Rewards Programs: Earn miles or points that can be redeemed for flights, hotel stays, and other travel-related expenses.
No Foreign Transaction Fees: Many co-branded travel cards waive foreign transaction fees, making them cost-effective for international travel.
Considerations
Annual Fees: Co-branded travel cards often come with annual fees, so it’s important to consider whether the perks justify the cost.
Limited Use: While these cards offer valuable benefits, they may be limited to specific airlines or hotel chains, reducing their overall flexibility.
Interest Rates: Be mindful of the interest rates on co-branded travel cards and avoid carrying a balance to minimize costs.
Conclusion
Choosing the right travel card for your trip to the USA depends on your specific needs and preferences. Whether you opt for a travel credit card, prepaid card, debit card, or co-branded card, each option offers unique benefits that can enhance your travel experience. When selecting a travel card, consider factors such as fees, rewards, security features, and ease of use. By carefully evaluating your options and choosing the card that best suits your travel plans, you can enjoy a hassle-free and financially secure trip to the USA.