Skip to main content
No. of Recommendations: 2
I do plan on doing overseas traveling again (but this time my trips will be funded with cash).

You can fund something with cash, but pay for it with credit cards. For foreign travel, this is especially valuable. You will not want to be going to the ATM constantly, so you are usually better off having some local currency and using your credit card for most of your purchases.

As long as you have no balance on the card and you have the cash sitting in your account, you can just pay it off when you return and not face any charges.



(this will aid me in my goal of attaining an 800 FICO score. Ultimately I'd like to shoot for 850).

I guess I have to ask -- why? Once you have your credit in a place where you can get things on the best terms, putting effort into a higher score is, IMO, a waste of time and energy. Get out and do something fun with that time!

Acme
Print the post  

Announcements

UGC Disclosure Notice Regarding Credit Card Posts
Community board discussions about credit cards are not provided or commissioned by banks who may have advertising relationships with The Motley Fool. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.
TMF Credit Center
The Motley Fool Credit Center arms you with real tools and simple messages, that will help you in every credit situation.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.