I am 20 years old, and will be setting off on my gap year in November. I have read various books and stuff, and alot of them suggest to take a credit card with you. Is it essential, and which is the best one to take??? Should I take more than one, and do people rely on them, if they haven't got enough money to pay for things????
However, i'm am not sure how i will be able to obtain a credit card, as I am quite young and won't have a job!!!!!
Im very confused!!!!!!
I wouldnt say that you will definately need one but it may come in handy in case of emergencies... If you get one I would say visa is the most widely accepted... as you wont have a job, the only real way that you can get a credit card is to have your parents get you a card on their account... however, they may be reluctant to do this because if you go on a ridiculous spending spree, they are liable... I travel a fair bit and I have never had a credit card with me till the last year or so and found that I did not use it all that much. It was quite good towards the end of a trip when money was scarce but apart from that it was not all that necessary...
You could also try to get a visa/mastercard debit card. They won't give you any extra funds, but also will be a lot easier to get and won't have any interest charges (because you won't be borrowing money). Other than that, they operate exactly the same as a credit card.
Thing about a credit card is (at least from UK), you have to pay a withdrawal fee, a currency conversion fee, AND a higher interest rate for cash advances - so debit cards are probably a better bet if you have the funds - though I speak as one who funds travel with credit cards with wild abandon.
thats true so if you are taking a credit card you should only be using the card for purchases rather than for the purpose of cash advances because also, as I understand it, the cash advances are always the last thing to get payed off your card so you can rack up heaps of interest...