fbpx

Is using a credit card abroad still worth it in 2025?

credit card abroad overseas payment 2025 travel finance

After the COVID-19 outbreak, many Thai people have started travelling abroad. Using credit cards to pay for goods and services abroad has become a popular choice for many people instead of exchanging cash because of the convenience, safety, and have many privileges such as reward points or cash back.

Does a rise in interest rates really cause a currency to strengthen?

Whenever a central bank of any country raises interest rates, a common follow-up question is whether that country’s currency will “strengthen.” Theoretically, the answer is yes—but in
practice, it’s more complicated. We can’t say with 100% certainty that an interest rate hike will always result in a stronger currency.