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Six facts about MasterCard that will get you packing

2015-08-17 13:03
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Whether you are planning to holiday in London, packing for Paris or heading to Hong Kong, planning your travel budget is essential. However, tracking your expenses in a different currency while away is not at all easy or fun.

To save yourself this massive inconvenience, we recommend using MasterCard. And here are 6 reasons why:

1. No more traveller’s cheques

Say goodbye to the hassle of traveller’s cheques! MasterCard is accepted in over 200 countries (210 to be exact), which is almost all of planet earth.

2. Instant cash in local currency

Just because you hate exchanging money doesn’t mean you can ignore it. Or, does it?

The answer is, YES! You can forget about buying foreign exchange before travelling, because you can draw local currency using your MasterCard directly from ATMs. Whether it’s a credit or a debit MasterCard, you can draw cash directly from your card almost anywhere in the world.

3. Easily keep track of your spending and budget

You probably know this already, but every purchase or transaction you make with your MasterCard is saved in your card statement. Therefore, whatever you spend on your trips will be recorded with the date, location and other details for your reference.

4. Reward points on the go

If you are part of your bank’s rewards programme, you will continue to earn rewards whenever you swipe, regardless of the country in which you make the transaction.

5. Security

It’s a no-brainer, but going around with bundles of cash could be dangerous, especially when you’re travelling. Therefore, use your MasterCard instead where you will have all your money in one secure place that you can access almost anytime. Your bank might charge you extra for transactions made abroad, but the costs are likely to be less than those of forex conversion.

Also, don’t forget to inform your bank that you’re travelling, because they might block your card when they pick up transactions in a foreign country as a precautionary action against fraud.

6. Exclusive deals and discounts

On top of all the perks and benefits we just mentioned, MasterCard gives cardholders access to a wide range of selected offers and discounts around the world. Just visit PricelessAfrica.com to enjoy a world of priceless experiences and hopefully, some wonderful memories.

It is also worth mentioning that most hospitality and car rental companies require using a credit card to be able to reserve payments. Moreover, banks often include different types of insurance on travel-related purchases using a MasterCard card - such as trip cancellation insurance, accidental death or injury coverage, or other emergency assistance services. Check what extra cover you are offered to avoid duplicating costs.

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