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Does moving overseas cause problems with credit cards?

 
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tesseract



Joined: 26 May 2006
PostPosted: Sun Nov 12, 2006 1:56 pm    Post subject: Does moving overseas cause problems with credit cards? Reply with quote
Hopefully I will be moving to Korea in March. I plan to call my bank and credit card companies to let them know about the move so my accounts won't be flagged or frozen when I try to charge something. Did any of you have any problems with cc companies when they found out you were leaving the country? I will have some cash when I move but I will also depend on credit cards for at least the first month I am there, so having my accounts closed or frozen would be a disaster.
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munji



Joined: 08 Sep 2006
Location: Daejeon
PostPosted: Sun Nov 12, 2006 2:45 pm    Post subject: Re: Does moving overseas cause problems with credit cards? Reply with quote
tesseract wrote:
... Did any of you have any problems with cc companies when they found out you were leaving the country? ...


No problems. Just call them and inform them of the new address. I have moved to various countries and even have had a new CC delivered to overseas address.

Usually, the CC companies dont block your card because you could travelling. However, its best to inform them of the address anyway.
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regicide



Joined: 01 Sep 2006
Location: United States
PostPosted: Sun Nov 12, 2006 5:29 pm    Post subject: Re: Does moving overseas cause problems with credit cards? Reply with quote
tesseract wrote:
Hopefully I will be moving to Korea in March. I plan to call my bank and credit card companies to let them know about the move so my accounts won't be flagged or frozen when I try to charge something. Did any of you have any problems with cc companies when they found out you were leaving the country? I will have some cash when I move but I will also depend on credit cards for at least the first month I am there, so having my accounts closed or frozen would be a disaster.


Several years ago I changed my bank account which now has a debit card to my Korea address with no problems. I am using my brothers address for my accounts now. Recently, I called to dispute a charge made here and they asked me when I was returning to the US and it seemed like a big deal to them that I was overseas; records showed that I was here about two months. So , it seems this bank's policy has changed ( it was bought out) and even after having this account for 14 years, they seemed worried that I was overseas.
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two roads



Joined: 04 Jan 2006
PostPosted: Sun Nov 12, 2006 5:45 pm    Post subject: Reply with quote
My credit card company insists that I call them at least every 30 days to inform them that I'm overseas; otherwise they'll freeze my account if I use it here. It's annoying that I can't just tell them that I'll be gone for an entire year and have them make a note of that.
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ilovebdt



Joined: 03 Jun 2005
Location: Nr Seoul
PostPosted: Sun Nov 12, 2006 6:52 pm    Post subject: Reply with quote
From a UK point of view, all I had to do was tell them that I was going to be travelling abroad.

As long as they get their dough they don't care where you are Smile

ilovebdt
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Woland



Joined: 10 May 2006
Location: Seoul
PostPosted: Sun Nov 12, 2006 7:30 pm    Post subject: Reply with quote
The real problem will be getting bills on time so that you can pay them on time. When I came here the first time, I was always getting bills after the due date, and then would have to enclose a complaint with my payment to get the interest taken off the next bill.

I finally got a checking account at home with my sister's name on it as well and had the bills directed to her. She pays them on time and all is well.

You might also check with your bank and credit card company about on-line payment possibilities.
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regicide



Joined: 01 Sep 2006
Location: United States
PostPosted: Fri Nov 24, 2006 2:37 am    Post subject: Paytrust Reply with quote
Woland wrote:
The real problem will be getting bills on time so that you can pay them on time. When I came here the first time, I was always getting bills after the due date, and then would have to enclose a complaint with my payment to get the interest taken off the next bill.

I finally got a checking account at home with my sister's name on it as well and had the bills directed to her. She pays them on time and all is well.

You might also check with your bank and credit card company about on-line payment possibilities.


You might want to check out Paytrust at www.paytrust.com

Your bills are sent directly to Paytrust, then scanned and downloaded into your account. You can view all your bills online and then send a check from paytrust payable by your checking account. It is about $15 a month for the service. Great if you dont have a family member who is willing to do this for you.
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Ya-ta Boy



Joined: 16 Jan 2003
Location: Established in 1994
PostPosted: Fri Nov 24, 2006 2:54 am    Post subject: Reply with quote
I've lived abroad for 12 years and didn't know people had this kind of problem.
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re:cursive



Joined: 04 Jan 2006
PostPosted: Fri Nov 24, 2006 3:46 am    Post subject: Reply with quote
I don't possess a credit card but I do have a VISA debit card.
Before I headed over here I went to the bank to increase my overdraft. When they asked my reason, I told them I was heading overseas and they suggested I should apply for more. They don't seem to have any problems with me being overseas....as long as I pay the bills.
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i_teach_esl



Joined: 07 Sep 2006
Location: baebang, asan/cheonan
PostPosted: Fri Nov 24, 2006 6:42 am    Post subject: Reply with quote
i dont have any credit cards, nor will credit card companies give me any more... i think i'll go to korea and make some money to pay those debts off.
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Atavistic



Joined: 22 May 2006
Location: How totally stupid that Korean doesn't show in this area.
PostPosted: Fri Nov 24, 2006 6:51 am    Post subject: They couldn't spell... Reply with quote
I have a Visa Checkcard through Wachovia, a Mastercard through MBNA and an Amex card.

The only problem I've ever had with any of them is that they didn't know how to spell "Korea" when I called.

I use my US PO Box and online billing with them and haven't had any problems. Though, frankly, I rarely use them because I prefer to be debt-free.
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