Best Credit Cards for International Travel

When traveling abroad, credit cards can provide significant advantages. They offer easy transactions, rewards, and safety compared to carrying cash.

Here, we explore the best credit cards for international travel in 2024. From low foreign transaction fees to travel-friendlytravel friendly options, these cards simplify your journey. While they are also maximizing benefits.

5 Best International Credit Cards

1. HDFC Regalia Credit Card

HDFC Regalia is a favorite among frequent travelers. This card offers rewards and exclusive privileges, perfect for international travel. The perks include complimentary access to airport lounges. It has relatively a low foreign transaction fee of 2%. Additionally, cardholders can earn points on both domestic and international spending. This can be redeemed for hotel stays or flights.

The annual fee is INR 2,500 + Applicable Taxes. Benefits like travel insurance and reward points make up for it. This card is especially suitable if you are seeking convenience and value during international trips​.

2. SBI Air India Signature Card

If you frequently fly Air India, the SBI Air India Signature card is a great option. It offers exclusive reward points for Air India ticket purchases. Card also provides access to international lounges. You can earn 30 reward points for every INR 100 spent on Air India tickets. This can be redeemed for future bookings.

The card also provides a range of insurance benefits. So it makes itself an attractive option for travelers flying Air India. It has a cash transaction fee of 12.5% or Rs. 500 whichever is higher at domestic ATMs and 2.5% or Rs. 500, whichever is higher at international ATMs will be levied. And an annual fee in INR will be 4,999.  Foreign Currency Transaction fee stands at 3.5%. Though higher in fees, the airline perks can make the expense worthwhile​.

3. ICICI Bank Sapphiro Credit Card

The ICICI Bank Sapphiro card comes with zero foreign transaction fees. This makes it especially useful for international travelers. With this card, you can earn up to 4 PAYBACK points for every INR 100 spent internationally. You also get complimentary lounge access at international airports. In addition there are various other travel insurance benefits.

The card's perks also include discounts on dining and hotel stays. This makes card versatile beyond just travel. While it has INR 6,500 for joining, it has an annual fee of INR 3,500. The changes can be justified if you make frequent international trips​.

4. Axis Bank Magnus Credit Card

The Axis Bank Magnus card is excellent for luxury travelers. It offers access to over 1,000 airport lounges globally. Moreover, it includes hotel and travel rewards. For every INR 200 spent, users earn 12 points, which can be redeemed for travel services.

With a markup 2% foreign transaction fee, this card is better suited for frequent luxury travelers. There is annual fee of INR 12,500 with taxes waived off on spend of Rs. @25 Lakh. It may seem steep, but the rewards and benefits more than make up for it. You'll also benefit from complimentary travel insurance​.

5. American Express Platinum Travel Credit Card

For those looking for exclusive benefits, the American Express Platinum Travel Card stands out. Though it has a high annual fee of INR 5,000, it offers an impressive range of benefits. Travelers earn points that can be redeemed for complimentary flight tickets and hotel stays. It also offers lounge access at international airports, ideal for frequent flyers. This card is perfect for travelers who seek luxury experiences during their trips.

To know more about services, eligibility & other details, please follow up their official pages:

Benefits of Using Credit Cards for Travel

Using credit cards abroad isn’t just about convenience. Credit cards can offer numerous benefits, making your travel smoother and more secure. Here’s how they can help.

1. Low Foreign Transaction Fees

Some credit cards waive foreign transaction fees, which can add up when making international purchases. Cards like ICICI Sapphiro and American Express Platinum Travel allow you to shop abroad without extra charges​.

2. Global Lounge Access

Cards like Axis Bank Magnus and HDFC Regalia offer lounge access at international airports. This ensures a comfortable travel experience with food, Wi-Fi, and quiet spaces to relax​.

3. Earning Travel Rewards

Credit cards for travel often provide rewards in the form of points, miles, or cashback. These can be redeemed for flights, hotel stays, or even upgrades. For instance, the SBI Air India Signature card allows you to accumulate miles every time you book a flight. This ensures future travel is even more affordable.

4. Protection and Insurance

Many credit cards come with travel insurance, covering trip cancellations, lost luggage, and more. The ICICI Sapphiro and Axis Bank Magnus provide comprehensive coverage. It makes it easier to travel worry-free​.

Things to Keep in Mind

For Indian students and travelers, managing expenses abroad can be a challenge. Choosing the right credit card can save you money, offer rewards, and ensure convenience. Here’s what you should consider before selecting a credit card for your travels:

1. Choose Cards with Low or No Fees

Foreign transaction fees can range from 2-4%, significantly adding to your expenses. You may opt for cards like the ICICI Sapphiro or American Express Platinum Travel. These offer low or no fees, especially if you're studying or traveling for extended periods.

2. Maximize Your Rewards

Choose a card that rewards international spending. If you travel frequently, especially to specific destinations, make sure to take full advantage of the rewards points. The SBI Air India Signature card is ideal for Air India flyers. They offer points that can be redeemed for future flights​.

3. Stay Secure

When traveling, always use your credit card over cash to avoid risks of loss or theft. Most credit cards offer fraud protection, ensuring you're not liable for unauthorized charges. Additionally, travel insurance benefits cover lost luggage or delayed flights.

4. Check Acceptance Abroad

Before choosing a card, make sure it's widely accepted in your destination. Visa and Mastercard are globally accepted, but certain cards, like Discover, may not work everywhere (Forbes, 2024).

Conclusion

Whether you're traveling for leisure or studying abroad, having the right credit card can make a huge difference. Cards like the HDFC Regalia, Axis Magnus, and SBI Air India Signature are some of the best options for Indian travelers in 2024. These cards offer a mix of rewards, security, and comfort, ensuring that your travels remain stress-free.

For Indian travelers, Supreme Forex can provide support in managing your currency needs. Coupling it with the right credit card ensures maximum savings and convenience. With the right planning, you'll have more financial flexibility and peace of mind during your travels.

Keywords:  international credit card, best credit card for international travel, best card for internal travel, best international credit card, 

Source:

Forbes, 2024