Spending abroad

Discussion in 'Miles & points via credit cards' started by Aston100, Mar 17, 2019.

  1. Aston100

    Aston100 New Member

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    Hi guys, just got accepted for the amex gold preferred rewards card and waiting for it to arrive.

    I'm in South East Asia at Easter with the family and will be spending at least a couple of thousand pounds over there.

    I note that this card charges a 3% foreign usage transaction fee, but also gives double points for that.
    Am I right in assuming that its not worth using this card abroad and instead I should forget about the points and just use my normal zero foreign usage fee credit card (Halifax Clarity) ?

    If so, that seems like a real shame and a wasted opportunity to hit the 20k rewards point trigger.

    Perhaps I should incur the foreign fee on the amex in order to quickly hit the threshold ?

    Appreciate any thoughts and suggestions please.

    Thanks
     
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  2. Aston100

    Aston100 New Member

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    Just to add that I'm aiming to earn as much avios as possible.
    Therefore if there is another card that doesn't charge foreign transaction fees, and which gives avios or points that can be turned into avios, I would be happy to hear about it.

    By the way, if I buy something online from a foreign company, is that treated as a foreign transaction? For example, if I pay for a Qatar flight between Amsterdam and Bangkok from their website.The price is probably going to be in Euros or the Qatari currency right?

    Thanks
     
  3. Michsel

    Michsel New Member

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    Find this fair ridiculous aswell but sometimes worth it for the added purchase protection/insurance
     
  4. JoeD

    JoeD Well-Known Member

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    Really depends on your circumstances - how soon you want/need the points and how easily you'd hit the min spend without putting the holiday spend on the card.

    Personally, I can be a bit lazy when it comes to really maximising credit card spend/minimising fees and,for the sake of simplicity, just focus on whichever card I'm trying to hit the min spend on at that particular time. Obviously that means I sometimes pay 1-2% net (once you factor points earned from the spnd) more than I really have to, but I can live with that.
     
  5. JoeD

    JoeD Well-Known Member

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    Yep - it's just the currency you're charged in that matters re whether transaction is considered foreign or not , not actually where the company is located. Airlines sometimes offer multiple currencies you can pay in, but I would always expect Euros or Qatari Riyals to be the default option in that example.
     
  6. Scaramanga

    Scaramanga New Member

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    If you are interested in Virgin miles you can get the Curve card and link it to a Virgin reward card. This way you will collect miles without foreign transaction fees
     
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  7. JoeD

    JoeD Well-Known Member

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    Great point re Curve.
     
  8. KB1

    KB1 New Member

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    never worth paying any extra fees on your credit card. The points arent worth it
     
  9. Aston100

    Aston100 New Member

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    Sounds like I'll use the Halifax Clarity when I go abroad soon.

    Thanks
     
  10. JoeD

    JoeD Well-Known Member

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    Depends if you've got sign up bonus minimums you need to hit, unless you otherwise spend a fair bit at home normally or have an easy manufactured spend option.

    Although, min spends will now be less of an issue given the amex sign up changes I suppose...
     
  11. Oarar80

    Oarar80 New Member

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    Curve card avoids FX fees... and can use with Virgin or IHG mastercards
     
  12. Richard1974

    Richard1974 Member

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    Thanks very much Scaramanga and and Oarar80 for the tips about using Curve with Virgin or IHG Mastercards. I'm a happy Curve user, and might get myself a Virgin credit card to link to my Curve. Also, Virgin has a bonus miles sign-up offer on at the moment, running until 30 June 2019.
     
  13. johnbrowell

    johnbrowell Member

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    My curve is linked to my IHG Premium card, until the magical day that Amex allow themselves back on Curve. Just tried my first small cash withdrawal via curve, and IHG website seems to be showing it as a normal transaction, not a cash withdrawal, which is excellent.
     
  14. DouglasForsyth

    DouglasForsyth New Member

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    I've just been using my Revolut card abroad. Looks like I should get myself a credit card for use abroad.

    Always good to hear about products you are missing out on
     
  15. Dan22125

    Dan22125 New Member

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    Sadly it's the same where I am from. From my understanding, the US Amex cards have 0% foreign transaction fees! :O

    As others have suggested, tried these new cards which have 0% foreign fees like revolute, Curve, Monzo etc. I personally don't have any, but one of my mates does and he used it abroad just fine. If using Curve, just remember that if you spend on that Curve card via a credit card, you will not be protected under Section 75.
     

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