Paying Safely Abroad

Staying Safe When Paying Abroad: How to Protect Your Money While Travelling

When you’re on holiday, the last thing you want to worry about is lost cards, unexpected fees or unsafe payment methods. To help you stay relaxed on your trip, here are some practical tips for paying safely abroad. If you’d also like to plan your travel budget more effectively before you even set off, have a look at our article Budgeting for Travellers.

1. Use a Card Instead of Large Amounts of Cash

Cash can easily be lost or stolen – and once it’s gone, it’s gone. A payment card is generally more secure, as you can block it if necessary and it’s widely accepted in shops, restaurants and at cash machines.

It’s still useful to carry a small amount of cash for tips or minor purchases, but most payments are safer and more convenient with a card.

2. Choose the Right Card for Your Trip

Not every card is ideal for travelling. Before you leave, check whether your card works in your destination country, whether foreign transaction fees apply and whether your spending limits are suitable.

Prepaid cards, such as a Mastercard loaded with credit like the kingpay Mastercard, can offer an extra layer of security because they are separate from your main bank account and only allow you to spend the amount you’ve loaded.

3. Always Pay in the Local Currency

Many terminals and ATMs give you the option to pay in your home currency. Although it may seem simpler, it’s often more expensive due to unfavourable conversion rates.

Choosing the local currency usually gives you the better deal and avoids hidden dynamic currency conversion fees.

4. Protect Your Card Details

A few simple precautions go a long way:

• Check cash machines for signs of tampering before inserting your card.
• Cover the keypad whenever you enter your PIN.
• When shopping online, use secure, encrypted websites.

These small habits can greatly reduce the risk of card fraud.

5. Use Your Card Provider’s App

Most card providers offer an app that allows you to track your spending in real time, adjust limits or block your card. This is particularly helpful on trips when you want to keep a close eye on your expenses.

Prepaid solutions like the kingpay Mastercard also offer this convenience. In combination with thoughtful planning – as described in “Budgeting for Travellers” – you can keep complete control of your holiday spending.

6. Take a Backup Card with You

Cards can get lost, damaged or unexpectedly declined. A spare card can help you avoid stressful situations.

Ideally, choose a card from a different provider or use a prepaid card separate from your main account. Store it in a different place from your primary card, such as in your accommodation safe.

7. When a Prepaid Card Might Be Useful

A prepaid card can be a great option if you want to:

• minimise risk by keeping your main account separate,
• set clear spending limits,
• and manage everything easily via an app.

Some providers also offer additional benefits, such as cashback. Ultimately, the most important thing is that you feel safe and comfortable with your payment method while travelling.

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