I am looking to become a digital nomad and would like to know which credit card would be best for that.
As a Digital Nomad I plan on traveling overseas for a considerable period across a number of countries while working remotely. Changing countries once per month.
The countries I plan to live in are in Asia or south and middle America
This question is really dependant on your own situation. You should do some research into what cc right for you, but with a few questions to ask yourself first. Make sure whatever you do, you find a cc that does not charge foreign transaction fees (sometimes 3%). Lots of Aussies will go straight for a QF or VA card, but maybe a card like an AMEX or Star alliance card will be better based on traveling on Oneworld and Star Alliance partners. No card in Australia is great for Skyteam, so youre kind of limited.
Again, I don't have an answer for you - that research is something you need to do on your own based on your situation.
I am looking to become a digital nomad and would like to know which credit card would be best for that.
As a Digital Nomad I plan on traveling overseas for a considerable period across a number of countries while working remotely. Changing countries once per month.
The countries I plan to live in are in Asia or south and middle America
I worry for someone's career as a 'Digital Nomad' if that person was not tech savvy enough to do a Google search comparison of credit card interest rates and fees.
Credit card may not be your best option as the forex charge can be high. If there is no forex fee, you might find that the forex rate may not be that favorable.
Debit card may be a better option.
I understand HSBC/Citybank has global currency account that allow you to spend money without forex fee as long as the money has been converted into the currency at which you are spending. You can open multiple currency account and transfer money between them as needed.
Or try Wise - it converts currency using mid market rate so you get the best rate possible with the lowest conversion fee that I have ever seen in comparison to traditional bank accounts.
Wes
Wes
Member since 01 Dec 2020
Total posts 2
I am looking to become a digital nomad and would like to know which credit card would be best for that.
As a Digital Nomad I plan on traveling overseas for a considerable period across a number of countries while working remotely. Changing countries once per month.
The countries I plan to live in are in Asia or south and middle America
pab2025
pab2025
Member since 25 Jun 2012
Total posts 128
This question is really dependant on your own situation. You should do some research into what cc right for you, but with a few questions to ask yourself first. Make sure whatever you do, you find a cc that does not charge foreign transaction fees (sometimes 3%). Lots of Aussies will go straight for a QF or VA card, but maybe a card like an AMEX or Star alliance card will be better based on traveling on Oneworld and Star Alliance partners. No card in Australia is great for Skyteam, so youre kind of limited.
Again, I don't have an answer for you - that research is something you need to do on your own based on your situation.
s4077786
s4077786
Member since 31 May 2018
Total posts 7
Originally Posted by Wes
I am looking to become a digital nomad and would like to know which credit card would be best for that.
As a Digital Nomad I plan on traveling overseas for a considerable period across a number of countries while working remotely. Changing countries once per month.
The countries I plan to live in are in Asia or south and middle America
sunnybrae
sunnybrae
Etihad - Etihad Guest
Member since 21 Jul 2019
Total posts 81
I worry for someone's career as a 'Digital Nomad' if that person was not tech savvy enough to do a Google search comparison of credit card interest rates and fees.
quantumreality
quantumreality
Qantas - Qantas Frequent Flyer
Member since 16 Jan 2018
Total posts 63
Credit card may not be your best option as the forex charge can be high. If there is no forex fee, you might find that the forex rate may not be that favorable.
Debit card may be a better option.
I understand HSBC/Citybank has global currency account that allow you to spend money without forex fee as long as the money has been converted into the currency at which you are spending. You can open multiple currency account and transfer money between them as needed.
Or try Wise - it converts currency using mid market rate so you get the best rate possible with the lowest conversion fee that I have ever seen in comparison to traditional bank accounts.