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Introduction
If you’re planning on traveling internationally, you may be wondering whether your Apple Card is a good choice for making purchases abroad. While the Apple Card is a great credit card for everyday use, there are some things you should know before using it for travel. In this article, we’ll go over everything you need to know about using your Apple Card while traveling internationally.
Using Your Apple Card Abroad
The good news is that you can use your Apple Card to make purchases abroad just like you would at home. The card is accepted anywhere that Mastercard is accepted, which is virtually everywhere in the world. However, there are a few things you should keep in mind.
Fees
When you use your Apple Card to make purchases abroad, you may be subject to fees. The card charges a 3% fee for transactions made in a foreign currency, which can add up quickly. If you’re planning on using your card frequently while traveling, you may want to consider a credit card that doesn’t charge foreign transaction fees.
Exchange Rates
When you use your Apple Card abroad, your purchases will be converted into US dollars based on the exchange rate at the time of the transaction. This rate can fluctuate from day to day, so it’s important to keep an eye on the rate to make sure you’re not overpaying. You can check the current exchange rate on a currency converter website or app.
Currency Conversion
When you make a purchase abroad, the merchant may offer to charge you in US dollars instead of the local currency. This is known as dynamic currency conversion, and it may seem like a convenient option. However, it’s almost always more expensive than paying in the local currency. If you’re given the option, always choose to pay in the local currency.
Security
The Apple Card is a very secure credit card, and it’s a good choice for travel because it doesn’t have your card number printed on it. Instead, you’ll need to access your card number through the Wallet app on your iPhone. This makes it much harder for someone to steal your card information. Additionally, the card has no annual fee, which can save you money in the long run.
Using Apple Pay Abroad
If you have an iPhone or Apple Watch, you can use Apple Pay to make purchases abroad. This is a very secure and convenient way to pay, and it doesn’t require you to carry your physical card with you. However, not all merchants abroad accept Apple Pay, so it’s a good idea to have a backup plan in case it’s not available.
Getting Cash Abroad
If you need cash while traveling, you can use your Apple Card to withdraw money from an ATM. However, this can be expensive, as you may be subject to ATM fees and cash advance fees. Additionally, the interest rate on cash advances is higher than the rate for purchases, so it’s best to avoid using your card for cash if possible.
Conclusion
The Apple Card can be a great credit card for travel, but it’s important to understand the fees and rules associated with using it abroad. By following these tips, you can ensure that you’re getting the most out of your card while traveling internationally.
FAQ
| Q: Will my Apple Card work internationally? | A: Yes, your Apple Card can be used anywhere that Mastercard is accepted. |
| Q: Will I be charged fees for using my Apple Card abroad? | A: Yes, the card charges a 3% fee for transactions made in a foreign currency. |
| Q: Can I use Apple Pay abroad? | A: Yes, but not all merchants abroad accept Apple Pay. |
| Q: Should I choose to pay in US dollars or the local currency? | A: Always choose to pay in the local currency, as dynamic currency conversion is almost always more expensive. |
| Q: Is it expensive to use my Apple Card to withdraw cash abroad? | A: Yes, you may be subject to ATM fees and cash advance fees, and the interest rate on cash advances is higher than the rate for purchases. |