Tag: YOU TRIP

Travelling Abroad? How not to get “ripped-off” by your credit card!

One of the many joys of having excess time when you retire is to travel – so making your budget stretch during your holidays is never a bad thing. Most seniors rely on their local credit card to pay for their holiday expenses when abroad like hotels, meals or car rentals. Few actually realise that they are getting “ripped off” by their credit card exchange rates and hidden charges like “foreign transaction fees” because they rarely go back to check if the conversion rate back to SGD$ is competitive. All in, you could be paying up to 3-4% more – or simply put, that is up to $40 per $1000 transaction lost!

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