Edit, I’ve had lots of feedback on this, and nobody recommended AMEX.
However, I’ve done a bit more research? And for a platinum Amex I will get a refund ( in airports $) of the full 12 month card fee, plus a few airport lounge passes, and free travel insurance, (for up to 180 days, there is some small print on this and I can’t speak to this insurer till next week). The Mastercard has 120 free days insurance. And a ‘priority pass’ lounge membership but I think I still have to pay $35usd to use the lounge.(not interested in that).
Also, a lot of people suggested wise, (i already applied for a card). But i am not sure how best to use this to its full potential. I might be going to other countries, yet tbc.
TIA for any feedback & advice
Amex or Mastercard.
I am considering getting a credit card to put my overseas travel on. They both offer free travel insurance and air points ( from New Zealand).
The Amex has better rewards, but I am unsure if it would be as useful to me as the Mastercard. ( I seem to recall that Amex charges the retailer more, so some won’t accept Amex).
Alsobthe mastercard has free overseas ATM withdrawals ( but high cash advance fees). Has anyone been able to havk the system, overpay their balance so its in credit, and get free cash withdrawal overseas?
Does anyone have feedback?
TLDR : Answer Summary
The original poster is considering whether to get an American Express (Amex) or Mastercard for overseas travel expenses, highlighting the pros and cons of both cards regarding travel insurance, acceptance in Thailand, and ATM withdrawal fees. Community feedback primarily suggests that Mastercard is more widely accepted in Thailand compared to Amex, which many users find is not accepted at numerous local businesses. Users recommend using cash as the primary payment method and suggest looking into a Wise account for lower exchange fees and better overall value in terms of ATM withdrawals.
