Tips For Using Your Credit Card Overseas – HSBC Expat (2024)

FAQs

Tips For Using Your Credit Card Overseas – HSBC Expat? ›

Use a Credit Card With No Foreign Transaction Fee

Before you depart, check your credit and debit card agreements to see if they include such fees. If they do, then apply for a credit card with no foreign transaction fee, as well as for a debit card that does not charge extra for ATM withdrawals in other countries.

Use a Credit Card With No Foreign Transaction Fee

Before you depart, check your credit and debit card agreements to see if they include such fees. If they do, then apply for a credit card with no foreign transaction fee, as well as for a debit card that does not charge extra for ATM withdrawals in other countries.

You can use your Global Money debit card like a local, at home or abroad with no HSBC fees including at cash machines.

There's no need to inform us before you travel. You can let us know it's you using your card abroad by making a chip and PIN payment when you arrive. Please make sure your contact details are up to date so we can get in touch if there are any problems.

For other HSBC accounts, there's a fee of 2.75% for debit cards and 2.99% for credit cards.

Call 1800-HSBC NOW (1800-4722 669) or (65) 64722 669 if you are overseas. Select '*', then select '4' for Card Activation and follow the instructions.

Check with the merchant if to confirm if you'll be charged an international transaction fee. The best way to avoid the international transaction fee is to look for debit and credit cards that allow you to shop overseas without being charged international fees.

If you have not activated the overseas usage feature, Magnetic Stripe Transactions on your Card cannot be processed. However, please note that EMV Chip Transactions on your Card will still be processed and you will be liable for these transactions.

Is it better to use a debit or credit card when traveling internationally? ›

Finally, when traveling internationally, credit cards often provide competitive exchange rates compared to currency exchange kiosks. This can result in cost savings and more accurate budgeting. Unfortunately, credit card use does have some downsides for vacationers.

When you use a credit card in a foreign country, the issuer automatically converts the local currency to dollars based on up-to-date exchange rates. For this conversion service, the issuer may charge a nominal fee, a percentage typically between 1-3% of the total purchase.

A good rule of thumb when traveling is to select the local currency during payment to avoid conversion fees and to use a card that doesn't charge foreign transaction fees. Cash withdrawals from international ATMs are also subject to fees.

Use your HSBC Everyday Global Visa Debit Card everywhere Visa is accepted anywhere in the world. Access your own money at ATMs and when making purchases in-store and online. In-store purchase - daily limit8 of $10,000 Select 'Credit' for instore purchases above $100 or tap for contactless purchases under $100.

With the HSBC Everyday Global Account you can buy, exchange, save and spend your own money in up to 10 different currencies. And view all your currencies in a single location on the HSBC Mobile Banking App. You can shop online or in store using local currencies anywhere in the world without transaction fees.

How do I activate my EGA Debit Card/-i to use it overseas? The EGA Debit Card/-i is disabled by default from making any overseas purchase transactions as it may be exposed to higher risk of fraud. You may activate the feature by visiting any HSBC / HSBC Amanah branch or contacting the HSBC Call Centre.

You can rely on HSBC wherever you travel. While traveling internationally, you will have the peace of mind of knowing that the HSBC Group's ATMs and branch locations offer personal financial services in many countries. Emergency financial support is also available worldwide.