Do people put vacations on credit cards?

Benefits of charging your vacation on a credit card If your family of four spent $4,000 on a trip using a 2% flat-rate cash-back card, you'd earn $80 back to use however you'd like. Not bad. And you can do even better because many cards offer higher rewards rates.



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Credit cards remain the best all-purpose payment method, accepted in far more places abroad than debit cards. It's also a good idea to take more than one card with you when you go away to avoid finding yourself without any resources if your card is lost, stolen or blocked.

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European travelers should always have some cash on hand; getting it from an ATM abroad is usually the easiest, most advantageous way. If you need cash from an ATM, it's usually better to use a debit card, because credit cards often charge a high interest rate for a cash advance.

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  1. 01 of 09. Travel during the off-season. ...
  2. 02 of 09. Use travel sites to book cheaper hotels. ...
  3. 03 of 09. Stay with family to save on hotels. ...
  4. 04 of 09. Book flights at the right time. ...
  5. 05 of 09. Opt for a kitchen. ...
  6. 06 of 09. Find low-cost and free things to do. ...
  7. 07 of 09. Find discounts on top attractions. ...
  8. 08 of 09.


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Never spend more than you have in the bank on a vacation, said Simonson. That might seem like common sense, but Simonson said many families will put travel expenses they can't cover on their credit card and then they are still trying to pay it off a year later.

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It all depends on where you're going and what you plan to do during your trip. As you can see from our travel costs table above, some European cities are cheaper or more expensive than others. As a general rule, though, it's a good idea to budget at least $100 a day for your vacation.

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Exchange cash before leaving the United States You can avoid all transaction fees by paying for your purchases in cash while you're abroad. Banks and currency exchange stores will exchange U.S. dollars for most major currencies, and you can do this before you leave.

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If you already use online banking, there's likely an online travel notice where you can enter your destination and the length of your trip. If you've got multiple countries on your itinerary, you can specify that as well. If you don't have online banking, call your bank to set up a travel alert on your account.

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