Summer doesn’t end until September, and it’s still the perfect to time to get away. In fact, according to AAA, nearly 100 million Americans – four in 10 U.S. adults – are planning to take a family vacation in 2019 .
Whether you’re going abroad or traveling stateside, it’s important to think ahead about how you’ll manage your money on-the-go, and make sure you maximize your rewards along the way, too. Consider these tips to help keep your finances organized and stress-free as you embark on summer travel:
1. Include financial security on your packing to-do list
When was the last time you updated your phone number? Ensure your contact information is up to date and enable alerts on your mobile device so your bank can reach you if suspicious activity is detected. If your travels take you out of the country, check with your mobile carrier about options to receive SMS texts abroad.
You may also want to consider placing a hold on your mail. To stay on top of bills and other financial obligations, schedule automatic payments for while you’re gone.
2. Maximize your trip with a card that pays you back
As tempting as it might be to let the world know where you’re at, try to save the selfies until you get home, and avoid posting your location or travel agenda on social media. Sharing these details allows potential thieves to track where you are, making it easier for them to time a crime. And since you’ll be taking those selfies while dining and engaging in fun experiences, consider paying for those memories on a card that pays you back.
Make sure you’re using a credit card that fits with your lifestyle and earns rewards. For example, the Wells Fargo Cash Wise Visa Card offers unlimited 1.5 percent cash rewards on purchases, and these rewards won’t expire as long as the account is open. Even better, you’re protected with 24/7 fraud monitoring, alerts, and zero liability protection for promptly reported unauthorized transactions.
3. Back to reality
Because you vacation with intention and potentially spotty Wi-Fi, you likely haven’t been monitoring your account and card activity from your mobile apps as frequently as you normally would. But once you’re home, it’s important you carefully review your transactions for accuracy. If you see any unusual activity or unauthorized transactions, alert your bank and card issuer right away to resolve disputes and request replacement cards.
By keeping these tips in mind, it’s easier than ever to keep your finances organized and secure whenever, and wherever your travels take you.
Source: Darryl Montgomery is Houston North Region Bank president, Wells Fargo.