My Travel Wallet Must Have’s
After ten years of traveling, I’ve finally found my two trusty cards (one credit & one debit) that I never leave the house with when going abroad. My travel wallet always has the Barclay Arrival Plus credit card & Capital One 360 Checkings debit card.
Here are the pros and cons to each card.
the Barclay Arrival Plus Credit Card
- 40,000 bonus miles when spend $3,000+ in your first 3 months
- 2x points on every purchase regardless of category
- No foreign transaction fee meaning no fee for converting USD to any other currency.
- Has a chip with a pin, which makes it easier to travel in Europe
- Flexibility to book with any airline, hotel, etc. because there are no restrictions
- Great for someone who travels frequently and likes high rewards
- The usual pros of a credit card like trip insurance protection, renter’s insurance, buyer’s protection, etc.
- There’s a $89 annual fee, which is waived the first year, but with the amount of points you’ll be making off this card, the fee will take care of itself.
- Not the best for someone who doesn’t spend $4,200 a year on the credit card, but that can be easily solved by paying everything with your credit card such as all your utilities, gas for your car, etc.
Disclaimer: This card is the best for my situation such as my credit score, debt, annual income, etc. I don’t suggest it for everyone and wouldn’t want you to jump on a credit card without analyzing your own personal finances. If you have a question, comment below and I can try to help, but keep in mind, I’m not a certified financial planner– just a savvy consumer working the system however I can!
the Capital One 360 Debit Card
I absolutely love this checkings account, and even though I have a Citibank that I use for everyday purposes in the United States, the Capital One 360 checkings account is my go-to for traveling. If you sign up through me, you’ll get a $25 bonus!
- No foreign transaction fee
- No ATM fee except for whatever the foreign bank itself charges you
- Tons of ATMs to use in the US
- This account is all online and transfers between accounts take longer than your normal bank. So if you’re planning on opening this account and only using it as a travel account like I do, make sure to transfer in money at least a week in advance to be safe.
Get a $25 bonus by signing up here.
If you have any questions on a credit card or bank account you’re considering specifically for traveling, comment below, and I can try to help! I am not a pro– just a savvy (or nerdy) spender who’s been seriously into personal finance since 12 years of age.
Thanks for stopping by! xo.