Which credit card is best for a Digital Nomad?

4 replies

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

Member since 25 Jun 2012

Total posts 126

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

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

Cringe.

sunnybrae

Etihad - Etihad Guest

Member since 21 Jul 2019

Total posts 80

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

Qantas - Qantas Frequent Flyer

Member since 16 Jan 2018

Total posts 62

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.


Last edited by quantumreality at Feb 20, 11.39 AM.
Last editedby quantumreality at Feb 20, 2024, 11:41 AM.

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