Travel and the Economy

In spite of the global melt down and the economic crisis facing many an industry, there is one industry that is still thriving. The travel industry. Recession or no recession, people have to travel and they do. Not only domestically but also internationally. Not only for personal purposes but also for business and for tourism also. We can almost say that the stress of the economic depression is making people travel and relax!

There is a saying that goes: “One man’s meat is another man’s poison”. And, on the same analogy, one individual’s idea of relaxation might be a villa in the South of France overlooking the beach and the sea, surrounded by “Abigails and Andrews” whereas that of another may be a tent in a remote spot on the same beach.

Just like in housing, where houses are being foreclosed and going for a song and it is a “buyers market”, the travel business is also on cloud nine and the offers for a memorable vacation in some of the exotic places on the planet surround the potential traveler. Travel agents the world over are trying their best to get people to travel. It is now time to take advantage of these offers and have a rollicking holiday in a new place.

But do you choose a place and do your budget or do you do your budget and choose a destination. The second is the wiser course as the first may turn out to be unaffordable. But there are such o lot of offers that you can even choose a place and then do your budget. Just see to it that it does not get you in the red, financially.

Once you have made up your mind to go somewhere for a vacation, immediately a number of questions popup. Is your passport current? What are the places that you are going to visit at your destination? What kind of accommodation are you going to live in? An independent house, a condo or a hotel room? What about transportation? You have to choose a location that is fairly easily accessible from the place of your stay. Try finding a resort that has its own transportation to the local attractions.

Travel Credit Card – Planning That European Vacation

Now that summer’s here you may be getting ready for that long awaited European vacation. Have you checked to be sure you have the right travel credit card? Although using credit cards are best when you travel, you need to be sure you’ve selected the best credit card for overseas use.

If you’re getting ready to travel, you need to take care of a few matters regarding your credit card before you leave. You should check with your credit card issuer about fees or charges when using the card outside of the U.S. Many of the financial institutions charge additional fees for foreign transactions, such as three percent when converted to U.S. dollars.

It is recommended that while you have your bank on the line, you advise them of the dates you’ll be traveling and the countries you will be in. If they don’t know you’re out of the country and start getting charges from Paris, they may cancel your account until you contact them.

You should take credit cards from two banks. If there’s a problem and one bank cancels your credit card while you’re traveling, if the two cards are from the same institution they would cancel both. The second card could just be a back-up. It’s best to use just one credit card as it’s easier to keep track of your spending.

Seasoned travelers recommend when vacationing in Europe, you use a debit card for getting local currency. Cash machines are common throughout Europe and you can go to any ATM machine and get cash back. The drawback with this is that there are quite often limits of the amount of cash you can withdraw at one time. You may also want to set-up with your financial institution in advance, a daily allowance of the amount of cash that can be withdrawn from your debit card just in case it is lost or stolen.

With the debit card, there is a fee for each transaction. So you wouldn’t want to use the debit credit card in place of a credit card as you might do here in the U.S., as each charge would generate an added fee. You can keep the debit card just to replenish your cash. It is suggested you have enough cash on hand, as there are times when a credit card sign is posted at the door at say a restaurant, but when the bill comes they don’t accept that card.

Use caution while traveling of being too liberal when using your credit card number. Keep your travel credit cards and your debit card in a safe place. Keep all receipts so that you can verify the charges upon your return. Maintain your pin number in a safe place. Be sure you have the financial institution’s phone numbers just in case you lose your credit card.

Now that you have your travel credit card and debit card information, it’s time to make those final plans and start packing. Oh, ……and don’t forget to take lots of pictures and have fun!

Travel Credit Cards – Finding the Most Suitable Deal

In the event you take trips a whole lot, are travel credit cards the type that will be beneficial? Many providers are providing this sort of offer to business travelers as well as for people who merely like traveling. One can find some offers which can be a great deal more beneficial as compared to a regular card, but, you will need to figure out what to take into consideration if you are going to receive the optimum advantages derived from this variety of card account.

One thing you will need to learn before you apply to get a particular card is if the travel card is limited to only one airline. Also, does the card have strict limits or can it be used on car rentals, motel discount rates as well as other reduced products and services?

Another thing you must evaluate when it comes to rules is black out dates. A few travel credit cards have these and this definitely is not the variety of card you’ll want. A business card with no expiration date is superior. Picking out an offer with an introductory annual percentage rate of 0% is a good choice provided that you check precisely what the rate will be after the introductory period has expired.

The charge card you decide on should be one that has security benefits which will offer protection to you. A card that it is possible to discontinue the usage of should it ever be lost and/or stolen. In cases when goods and services are placed on the account by an unauthorized user. You will want to get protection from liability as well.

The kind of travel credit cards which can furthermore be utilized at automated tellers machines (ATMs) are another advantage. The cards also are great for saving you from having to pay international fees that you would be subject to should you use your financial institution’s debit card.

There are many cards, such as Capital One credit cards, that come with perks which includes personal insurance. The loss of your luggage can be a covered by insurance item on various travel credit cards. Only when you do the research on the various credit card promotions can you fully understand if they possess the beneficial attributes that you are interested in

Clearly you will find plenty of added benefits in regards to travel rewards charge cards. In the end it is really up to each and every consumer to decide which offer best suits their needs. So invest some time, shop around and you should undoubtedly uncover the best card account available for you.