Credit cards are now recognised as the legal vehicle for making payments in Ireland and can be used to buy items such as petrol, rent, food, or medical treatment, depending on the type of credit card issued.
However, credit cards are not the only means of payment that are accepted in Ireland.
A wide range of other payment options, such as cheques, cash, cheque bookings, online payments, and e-payments are accepted.
A credit card can also be used for a range of purchases, including rent, buying a house, and even to purchase insurance.
However there are a few things to keep in mind when it comes to using a credit or debit card in Ireland when travelling abroad.
You can use your credit or non-credit card to pay for things that aren’t considered to be expenses or ‘costs’.
For example, you may be able to use your non-credits card to make payments on items that are not ‘essential’.
For example, if you travel abroad to a country where you don’t normally pay for travel, it is possible to use a credit and debit card to cover these costs.
In addition, there are some rules that apply when using credit cards abroad.
For example:It is illegal to use non-payable credit cards to make purchases, to make direct purchases (e.g. online), or to transfer money or items.
However you may also be able get around this restriction by using your noncredit card in an airport, hotel, or travel agency.
There are also other restrictions when it come to using your credit card abroad, such in respect of the way you use your card.
For instance, credit card companies can only charge interest on unused credit cards, and must keep your card in a separate account.
Additionally, your credit/debit card may be subject to additional fees or charges, such like transaction fees and charges for goods and services, as well as taxes.
You may also need to be insured if you want to use credit cards in Ireland to cover travel expenses.
These are all important considerations when it is time to book your holiday abroad.
Check out this guide to travel and holidays abroad