While traditional banks cater to consumers who reside in one place and spend a set amount of money each month, digital nomads are looking for a banking partner that aligns with their borderless lifestyle. Thankfully, there are many banks that have sprung up to meet the unique needs of digital nomads and remote workers around the world.
What is the best credit card for digital nomads in Europe?
N26 is a sleek, digital-first bank that has won over the hearts of European digital nomads and remote workers with its seamless, frictionless banking experience. The service best credit card for digital nomads offers a number of benefits that are essential for digital nomads, including travel insurance integrated within the app and an option to split expenses across up to 10 sub-accounts. The service also doesn’t charge any foreign transaction fees, making it an ideal choice for digital nomads who are travelling or working abroad.
Another great option is Revolut, a fintech company that has become a favorite among digital nomads for its hassle-free currency management. The platform allows users to open and fund a digital eWallet, receive a physical card, and use it to make and receive payments internationally, all without paying any fees or worrying about exchange rates. The service has a few different membership tiers to choose from, with the higher tiers offering additional features that could be useful for digital nomads.
Finally, there are several credit cards that offer great rewards for travel-related purchases, especially for those who have a specific airline or hotel loyalty program. These include the Chase Sapphire Preferred Card, which offers a high point bonus on some spend categories and the ability to transfer points to a variety of airlines and hotels. The card also comes with excellent travel protections, including rental car insurance and trip delay/cancellation coverage.