Can I use a credit card to make purchases abroad?

Yes, you can use a credit card to make purchases abroad in Hawaii. However, it is important to understand the laws and regulations associated with using credit cards while traveling in a foreign country. The Credit Card Accountability, Responsibility, and Disclosure (CARD) Act of 2009 protects consumers’ rights by limiting the fees and other charges associated with using a credit card abroad. Under the CARD Act of 2009, foreign transaction fees cannot exceed 3%. In addition, pre-authorization holds on your account for certain hotel stay reservations and car rentals cannot be more than the value of the actual purchase. For cash advances, the maximum fee allowed is the greater of $10 or 5% of the cash advance amount. It is also important to remember that some credit card companies may charge a fee for currency conversion. These fees are typically expressed as a percentage of the total transaction. Furthermore, exchange rate differences can affect the amount you’ll be charged for making purchases using a credit card and can sometimes make credit card transactions more expensive than cash transactions. Finally, it is always important to be aware of the laws and regulations of the country you are visiting prior to making any purchases with a credit card. Knowing these laws will help you avoid any unwanted trouble.

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