By Rachel Fletcher
Young adults going on gap-year travels have been warned they may be unable to get a credit card with the advertised annual percentage rate (APR).
Writing for the Independent, Chiara Cavaglieri explained that young people with short credit records may not be able to obtain the advertised APR and may have difficulty getting a card at all.
She suggested that if this happens, they instead use a prepaid card or become added as an authorised user for a credit card belonging to their parents.
Holders of prepaid cards do not need to have credit records and can top the cards up over the internet during the travelling period.
Last week, currency specialist Caxton FX also advised people going abroad to use prepaid cards as this would mean avoiding charges made on withdrawing money at cashpoints.
Another advantage is that there is no transaction fee for a shop purchase.
Caxton FX said that hidden charges on credit cards abroad can mean paying as much as £6 extra for £90 worth of spending.
