Best International travel card when traveling from the UAE?
Travel Credit Cards in the UAE: Limited Accessibility and High Costs
Travel credit cards in the UAE often require a minimum salary of AED 20,000, with some available for AED 12,000 but carrying annual fees around AED 1,000. These cards offer limited discounts, typically restricted to specific hotel networks, such as Marriott Bonvoy, and their lounge access network. While they don’t charge foreign exchange fees, their exchange rates are not the best, making cash transactions more favorable. Reward points are also limited to their specific networks, catering more to luxury travelers than budget or mid-range ones.
Challenges with Regular Debit and Credit Cards
Using regular debit or credit cards abroad incurs foreign exchange fees between 1-3%, with poor exchange rates and no reward points or discounts. Hence, they are not ideal for international travel expenses.
Multi-Currency Accounts: An Alternative?
Multi-currency accounts like Al Ansari Exchange or Fardan Exchange offer better rates than banks but still fall short of Google or Mastercard rates. They have no foreign exchange fees but lack benefits such as hotel or flight discounts, reward systems, or lounge access. Hidden fees can also be an issue.
Introducing TravelersPay
TravelersPay aims to address these problems by launching a multi-currency card with 0% forex charges and Google FX rates. They offer the best prices on hotels and flights, plus a comprehensive travel support system including rewards, itinerary planning, visa support, and assistance with local logistics like SIM cards and safe hotel bookings—all designed to save you money.
Join TravelersPay
If this sounds beneficial, they’re launching their MVP next month for a limited group of users. Join the waitlist on their website and if you want to learn more about travel credit cards and other travel products and identify the best solution for your needs, please visit here.
TravelersPay: Your ultimate travel companion, crafted by travel enthusiasts fed up with unnecessary fees!