How can I save money on transactions when renting internationally?

Unfortunately, transaction fees are everywhere when you travel internationally. In this article we share tips for how you can avoid these fees.

One major cost that most travelers don’t plan for is potential charges from the rental company in the event of an accident or damage. Those fees can cost in excess of $3,000 and credit card issuers typically charge 4-5% in additional fees for international travelers.

Before you travel, check the cost of using your credit or debit card overseas. To avoid costly card fees we recommend that you use debit cards.
 

When you make a claim with us there are two factors that can explain the difference between the amount you paid for your damages and the final claim amount you receive.

1. Additional credit card fees: When you make a claim, we refund the charges you received from the rental company, but we do not refund any additional international transaction fees you might incur.

2. International money transfers: Our payment technology allows your claim to be paid into any bank in the world, with no additional fees. We waive the fees that banks charge for sending payments and wherever we can we waive the fees charged by your bank for receiving payment. We take these fees into account when calculating the exchange rates that you see at the time of payment.

For further information, please read this article. For more information on your plan options, visit our Rental Guides.