How to spend money abroad?
Our members earn 1% cashback every time they use their Xapo Bank Card. For security and peace of mind, your card is protected with multiple levels of authentication and transaction alerts. You can freeze, replace and manage your card, all via the Xapo Bank app.
How can I spend money abroad?
Travelling abroad is an exciting experience, but it can also turn out to be an expensive one. It’s important to know how you can spend money abroad wisely without overspending so you can make the most out of your trips.
When you are abroad, you can use your debit card to make payments, as you normally would. Using a card offers security and convenience. Having some cash can also be smart as it’s possible that not every merchant abroad will accept card payments. In this case, you can also use your card to withdraw funds at local ATMs.
However, it’s worth noting that when you use regular debit cards abroad to pay and withdraw cash in foreign currencies, your bank may charge you additional fees.
Can I get a debit card to spend money abroad?
Today, most debit cards can be used abroad. But these can come with additional fees. Before travelling you should make sure to check with your bank about their fee structure for international payments.
Otherwise, many banks also offer specific debit cards that you can use to make international payments with lower fees than regular cards. Before leaving abroad, you can compare different cards option to find the most suitable solution for your future trips.
Every Xapo Bank member gets a global debit card on top of their USD account, at no extra cost. They can use the Xapo Bank card to easily transact anywhere in the world, with no hidden fees.
What is the best debit card to use abroad?
Many banks offer competitive card options to use abroad, with fewer fees charged on foreign exchange transactions and sometimes cash back earned on card payments.
At Xapo Bank, we offer both. Our global debit card allows our members to spend their money abroad with peace of mind - we charge zero fees on foreign exchange transactions and ATM withdrawals¹. On top of that, Xapo Bank members earn 1% cash back, paid in satoshis, for every card transaction they make.
Learn more here.
¹ The Xapo Bank Card can be used globally, however, we cannot guarantee that a particular ATM will accept it. Members may also incur charges directly from the ATM operator for a withdrawal. For more information visit our Help Centre.
Xapo Bank is a crypto-enabled bank licensed by the Gibraltar Financial Services Commission. We give our members access to a US Dollar and Bitcoin account, successfully bridging the gap between traditional banking and crypto. USDC deposits into Xapo are immediately converted to USD on a 1:1 basis, giving instant dollar cash value with zero exchange fees.
Great news! We'll send you more information soon.
