Withdrawing cash from an ATM is one of the most convenient ways to pay for things while travelling.
Find out more about these three types of ATM cards!
An ATM card is a debit card that allows you to access money in an automated teller machine (ATM).
It works just like any other debit card, except that it doesn’t require a bank account to withdraw or transact money.
Instead, you use it at ATMs around the world. It really is a valuable plastic card that enables you to pay wherever you are in.
Cash Back Cards
A cash-back card is similar to a credit card, except that it gives you points instead of interest.
You earn points by making purchases with the card and then redeeming them for gift cards, travel rewards, and other items.
There are a whole lot of outlets that give you handsome reward points.
The card issuer too gives you reward points for every spending you make.
If you use a debit card, you will only spend money when you physically swipe the card at a store.
This means that you won’t incur any fees for using the card online or through ATMs.
However, there are some drawbacks to using a debit card.
First, you won’t receive any reward points for spending money with the card.
Second, you won’t be able to make purchases with the card without having enough funds available.
Third, you must keep track of how much money you have left on the card each month.
Cash Advance Cards
A credit card is a charge card that allows you to borrow money from a bank or other financial institution.
You then repay the loan by making monthly payments or repay it all together in a go.
Credit cards are often used as a form of payment for everyday expenses such as groceries, gas, and utilities.
They also allow people to buy items online or in stores.
If managed properly, this type of card comes really handy while travelling abroad.
2 thoughts on “3 ATM card uses for travelers”
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