1. One of the smartest ways to help protect your money on vacation: Use plastic
Your credit card may have several built-in insurance features to help protect your finances on vacation, such as:
• Car rental collision damage
• Trip delay/cancellation
• Lost luggage
And some cards offer protection against fraudulent transactions. Before your trip, check to see what coverage your card offers.
2. Play it safe with chip technology
Some Bank of America® credit cards and all debit cards are enabled with chip technology. Chip cards have both a traditional magnetic stripe and an embedded microchip. The embedded chip provides enhanced security and protection when making purchases at chip-enabled terminalsFootnote1. Embedded chip technology is soon to be the security standard in the U.S. and accepted in more than 130 countries. To learn more about chip credit and debit cards cards visit bankofamerica.com/chipcardfacts.
3. Notify your debit or credit card issuer before you travel
It's a good idea to let credit card issuers know when you'll be using your card while traveling, whether domestically or outside the U.S., to help avoid interruptions with your card.
If you're a Bank of America customer, you can set a travel notice on the card(s) you plan to use while traveling. Simply sign in to Online Banking and enter your trip details or call the number on the back of your card.
If your card is lost or stolen while you’re traveling, contact the issuer immediately.
4. Help stay on top of your finances while you’re abroad by using Online Banking and Mobile BankingFootnote2
Online and Mobile Banking services give you many ways to keep tabs on your accounts and access your money while overseas. You can:
• Get email and text alertsFootnote3 about payment due dates, account balances, card activity and more
• Check your balance and account activity
• Transfer moneyFootnote4 and pay bills securely and quickly
5. Look out for foreign fees
Many cards charge a fee every time you make a purchase abroad. So if you’re traveling internationally, you may want to use a card with no foreign transaction feeFootnote5, like the BankAmericard Travel Rewards®credit card.
You may also have to pay a variety of fees for using your ATM or debit card at a foreign ATM. You may be able to limit such fees by using your Bank of America ATM or debit card at a Bank of America international partner ATM. For more information read, How to pay when traveling abroad or visit our ATM locator.
6. Have a little cash up your sleeve
Not every store accepts plastic, so keep some cash in a safe place. If possible, carry local currency — some merchants may charge sky-high exchange rates when you use U.S. dollars. To avoid exchange rate surprises, consider buying foreign currency before your trip.
7. Keep crooks clueless — don’t let mail pile up while you’re away
Have your post office hold delivery, or ask a friendly neighbor to take in your mail until you get back. Another way to keep sensitive information out of the wrong hands? Help protect your finances and go paperless with Online Banking.
8. Take advantage of credit card rewards
Paying for travel with a credit card can have some extra benefits. For instance, if you use a card like the BankAmericard Cash Rewards™ credit card, you can earn cash back on every purchase during your trip. Or with a card like BankAmericard Travel Rewards credit card, you can earn points on your purchases that you can later redeem for a statement credit toward airline tickets, hotel stays, car rentals and more, with no blackout dates. To choose a Bank of America credit card that combines the rewards and features you value most, use our credit card comparison tool.