Key takeaways
- Make sure your credit card will be widely accepted at your destination, with capabilities for contactless or chip-and-PIN transactions.
- Save money by going with cards that don’t charge foreign transaction fees and offer travel insurance protection.
- Some cards also offer welcome bonuses that could offset your costs and credits for the Global Entry program that can expedite your entry into the U.S. when you return from your trip.
Europe remains a top travel destination for the year ahead, and while inflation in the U.S. may be slowing, it’s still a factor to consider when planning your European travels. Stretching your dollars and points to go further overseas is key to maximizing your travel experience.
Whether you’re traveling during peak season or taking advantage of off-peak discounts, there are ways to enjoy the best Europe has to offer without breaking the bank. One of the most effective ways to save money and enhance your travel experience is by using the right credit card. From covering airfare and hotel expenses to providing travel insurance, the right credit card can make your trip more affordable and convenient.
With numerous credit card options available, choosing the best one for your European travels can be challenging. To help you navigate this decision, we’ve outlined key questions to ask and features to look for when selecting a credit card for your European adventures.
How to select the ideal credit card for European travel
Choosing the right travel credit card can not only save you money but also make it easier to earn and redeem rewards. The following steps can assist you in narrowing down your choices and finding the perfect travel card to take with you to Europe:
1. Compare cards that are widely accepted
When selecting a credit card for your European travels, ensure that it is widely accepted. Networks like Visa and Mastercard offer broader acceptance abroad compared to Discover and American Express.
While carrying your Amex and Discover cards is fine, having a backup card is advisable to avoid payment issues if your primary card is not accepted. It’s also recommended to have some cash on hand, as certain European merchants and smaller shops may not accept credit card payments.
Does your card support chip-and-PIN or contactless payments?
Chip-and-PIN credit cards are commonly used in Europe and are considered more secure than chip-and-signature cards prevalent in the U.S. Contactless credit cards are also widely accepted in Europe. Many popular U.S. credit cards, such as the Chase Sapphire Preferred® Card and Citi Strata Premier℠Card, are equipped with these technologies.
2. Prioritize cards with generous welcome bonuses
When traveling to Europe, consider obtaining a new credit card with a lucrative welcome bonus. This bonus can help cover travel expenses or meet credit card spending requirements, offering significant savings.
For hotel stays, the Marriott Bonvoy Boundless® Credit Card* stands out with an introductory offer of 3 free night awards after meeting spending requirements. On the other hand, airline credit cards like the United℠ Explorer Card* can offset airfare costs with their bonus miles.
Transferable rewards from cards like the Capital One Venture Rewards Credit Card and Citi Strata Premier provide flexibility, allowing you to transfer points to partner frequent flyer programs for added value.
The Capital One Venture Rewards card, for instance, offers a high bonus of 75,000 miles for qualifying spending, which can be used for flights to Europe through various airline partners.
3. Choose cards with bonus points on travel and dining
For travelers who enjoy splurging on dining and travel expenses, a credit card that rewards these purchases generously is ideal. Cards like the American Express® Gold Card offer bonus points on dining and flights, while the Capital One Venture X Rewards Credit Card provides enhanced rewards on specific bookings.
4. Avoid cards with foreign transaction fees
When earning points abroad, it’s essential to avoid foreign transaction fees that can eat into your rewards. Opt for credit cards that waive these fees, such as the Sapphire Preferred Card and Venture Rewards Credit Card, to maximize your points without additional costs.
Even no-annual-fee cards like the Capital One SavorOne Cash Rewards Credit Card offer fee-free transactions when used internationally, providing a cost-effective option for earning rewards abroad.
5. Select a card that enhances your travel experience
Beyond earning points, your credit card should enhance your overall travel experience by offering valuable travel protections and benefits. Consider cards with features like travel insurance coverage, Global Entry fee credits, and airport lounge access to streamline your travel experience.
The bottom line
Traveling to Europe with the right credit card can make your trip more affordable and convenient. By selecting a card that offers wide acceptance, generous rewards, and valuable travel benefits, you can maximize your travel experience while saving money along the way.