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  • Business Traveller

    SPENDING POWER

    May 14, 2021 3 minutes
    WORDS RUTH JACKSON-KIRBY

    There are a number of charges you can face when paying with plastic abroad. Pick the right card and you can eradicate most of these, making foreign transactions much cheaper. First, consider the cost of converting your money into the local currency. Just like when you buy currency at a foreign exchange, the rate can vary between different card providers. Your provider will use an exchange rate set by Mastercard, Visa or American Express – these are all very close to the “spot” price so offer a better

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