If you move to another country do you keep your existing credit card?

Question

If you were planning on a move to another country should you give up your credit cards and apply locally ? With the internet now do we need to ?

Answer 1

Your credit card will always remain valid so long as you keep up the payments. It does not matter where you might reside at any particular point in time.
What you will run into is minor problems of logistics such as what address to use and how to actually make payments.
Why worry about it. You will need a bank account in your new country and I am sure that they will be only too pleased to issue you with a new card, assuming that you have adequate credit rating from your old country.
You can still keep the old one if you feel like it.

Answer 2

Do NOT close all your US based accounts. You need to keep at least some credit activity on your US credit reports. As long as the mail system is OK, just have your statement mailed to your new address, or to a US address to someone you trust or an accountant.
Check on the currency transactions costs and fees, there are some differences between credit card companies.
I used my US cards for some transactions, but had a local debit card for day to day transactions.

Answer 3

yes. You can use the card but the bills coming in will be based on the currency of the country where the card was issued.

Answer 4

moving is oftentimes extremely costly and because it has lots of fastened expenses -- moving, first month's hire and deposit, insurance, motive force's licenses, motor vehicle, and so on.. there is likewise little evaluate moving except you have a job supply. specific cities (extremely Vancouver) may well be extremely costly. Your language skills are of constrained use as you bypass west. French isn't lots of a benefit in non-federal government jobs. you may unquestionably seek for artwork -- information superhighway is large -- yet i could advise against truthfully moving except you have a extremely company interest supply. maximum financial disaster courts won't enable you to declare financial disaster in case you're basically some thousand money interior the hollow. Nor do you want to take action for this form of small quantity. remember that financial disaster will mean you loose your credit enjoying cards, will fail credit tests (renting, determining to purchase a motor vehicle, and so on.), and might even value you some jobs. touch the mastercard employer and artwork out money -- and take a check out borrowing the money from buddies or kinfolk.

Answer 5

No. Don't give up your cards and the benefits that come with them. Simply update your address. You'll also get the cheapest rate for the currency conversion.

Answer 6

You don't need to with the internet. But I would because it would just be easier than waiting for charges to go through so you can find out what the total is with exchange. It's a pain in the bum.

Answer 7

no dont have 2 i moved to the u k and still using my cards

Answer 8

no,as for waiting for the exchange rate ,you have to wait for the invoice anyway unless you do Internet banking then you will be able to see your account at anytime.

Answer 9

Yes.