5 Tips for Using Your Debit Card Abroad21 April, 2023
Are you ready to embark on your first international adventure with your debit card? Traveling abroad can be a thrilling experience, but it’s important to know how to use your debit card safely and effectively. This blog post will provide you with five essential tips for using your debit card while traveling abroad. Read on to find out what you need to know!
1) Check if there are any fees associated with using your card overseas
Before heading off on your travels, it is important to make sure that you are aware of any fees associated with using your debit card abroad. It is advisable to check before travelling if you will incur any fees, including any international transaction fees or foreign exchange rates. If you are travelling with a First South Credit Union (FSCU) debit card, you view the full list of fees and charges here.
In addition, many stores overseas now have contactless payment options, which may incur additional fees. Therefore, it is important to make sure that you are aware of any fees associated with making contactless payments with your debit card overseas. Knowing this information in advance can help you plan for any unexpected costs.
Fun Fact: If you are using your FSCU debit card to make euro purchases abroad, there is no fee or charge for this.
2) Make sure you notify us of your travel plans
It is important to let us know when you will be travelling abroad with your debit card. You can do this by calling the card services team, available 24/7, on + 353 (1) 693 3333.
Notifying us of your plans allows us to flag any suspicious activity and protect your funds from potential fraud. By informing us of your travel plans, you can make sure that your transactions are as secure and hassle-free as possible.
3) Be aware of the currency conversion rate
When travelling abroad, it is important to remember that all NON-EURO transactions made with your FSCU debit card Mastercard will incur a currency conversion rate. To avoid any surprises, make sure to look up the current currency conversion rate before making any purchases with your card. You can do this here.
4) Use a secure PIN when making transactions
When using your debit card abroad, it is important to use a secure PIN to protect yourself from fraud. By using a secure PIN, you can be sure that your account information is protected and cannot be accessed by anyone else. When creating a PIN for your debit card, make sure that you choose one that is not easily guessed.
Additionally, make sure that you never share your PIN with anyone. Make sure to keep it in a safe and secure place and never write it down or store it on your phone. In addition, it is important to change your PIN frequently and avoid reusing the same one over again. Doing so will help ensure that your account remains safe and secure while you are traveling abroad. You can do this at any ATM.
If you have forgotten your PIN, you can ring the Card Services Team, available 24/7, on + 353 (1) 693 3333 for a reminder.
5) Keep an eye on your account balance
When you’re traveling abroad, it’s important to keep a close eye on your account balance. Make sure to regularly check your balance online or through the credit union app, available on the Google Play Store and the Apple App Store.
While you may be tempted to purchase items and experiences while on vacation, be mindful of the currency conversion rate. You don’t want to end up with an unexpectedly large balance due to unfavorable exchange rates.
Additionally, you should ask for a receipt for each purchase so that you can track them and stay within your budget. Keeping a close eye on your account balance will help you make sure that you don’t overspend when using your debit card abroad.
Need help financing your dream holiday? Check out our recent blog post here.
Mastercard is a registered trademark and the circles design is a trademark of Mastercard International Incorporated. This card is issued by Transact Payments Malta Limited pursuant to licence by Mastercard International. Transact Payments Malta Limited is duly authorised and regulated by the Malta Financial Services Authority as a Financial Institution under the Financial Institution Act 1994. Terms and conditions apply. First South Credit Union Limited is regulated by the Central Bank of Ireland.