So, you've decided to get on the road long term. You are a Digital Nomad or a long term traveller. You need to be able to get paid for your work, use credit cards for some as well as withdraw cash from ATMs for other expenses. If you travel for a year and use your regular bank account and credit cards you can pay as much as $1000 in fees. Most credit cards charge foreign transaction fees as much as 3%. Here are some financial tools to help you easily manage your finances as well as save money in the process.
Get paid
https://www.bitwage.com/
Bitwage offers services for the individual. If your employer offers direct deposits, there is no need to evangelize the employer about Bitcoin. Just switch to a bank account that happens to be Bitcoin-friendly. The currencies supported in which employers can pay you: USD, EUR, GBP, CHF, CAD, JPY, AUD. You can choose to receive the money in the following currencies: PHP, BRL, MXN, INR, EUR, XBT if getting paid in USD or XBT for all other. XBT is the currency symbol for Bitcoin. This is hugely important as you will find out later since you can easily transfer these bitcoins to other services that offer Visa and Master Card debit cards or even Gold and spend these funds anywhere in the world.
Credit Cards with No Foreign Exchange Fees
Amazon.ca Rewards Visa from Chase
- No foreign exchange fees
- $20 Amazon.ca gift certificate instantly upon credit card approval
- 2% cash back per $1 spent on Amazon.ca
- 1% cash back per $1 spent everywhere else
- No annual fee
- No foreign exchange fees
- 30,000 bonus points after your first purchase
- 1 free night stay e-certificate valid for 12 months at any participating category 1-4 Marriott location worldwide upon approval
- Free anniversary stay e-certificate valid for 12 months at any participating category 1-5 Marriott location worldwide
- $120 annual fee – first year free
- 4% cash back on all purchases made in foreign currency
- 2.5% foreign exchange fee
- 10,000 Rogers Platinum Rewards welcome points ($35 value)
- 1.75% cash back on all your purchases which can be applied to purchases made in Rogers branded stores or towards your monthly Rogers bill
- $29 annual fee – first year free
Bitcoin Debit Cards
https://wirexapp.com/cardsUse it to load, spend, save, and receive traditional money or bitcoin, from all over the world. Plastic or virtual.
https://cryptopay.me/bitcoin-debit-card
- Low commission
- Free worldwide delivery
- Both Chip & Pin and virtual cards are available
- Accepted anywhere Visa debit cards are accepted
Turn bitcoin into dollars. Load dollars onto your BitPay card using any bitcoin wallet. Funds are ready to spend in minutes.
https://in.xapo.com/campaign/debitYour Xapo Debit Card automatically links to your Xapo Wallet and allows you to pay for everyday expenses, products and services directly from your card.
https://www.shiftpayments.com/card
The first U.S. bitcoin debit card. Connect Coinbase to spend online and offline at over 38 million merchants worldwide.
BitPlastic offers Bitcoin debit card, enabling you to convert Bitcoin to CASH which you can withdraw anonymously from ATMs around the world. BitPlastic delivers your Bitcoins FAST, never asks for documents or verification, has no volume limits, provides a Bitcoin ATM card, enables you to Accept Bitcoin payments and allows you to sell Bitcoin easily for CASH!
GoldMoney MasterCard
https://www.goldmoney.comWith GoldMoney you can invest in real physical Gold and with their GoldMoney Master Card you can spend your Gold anywhere in the world.
- No minimums, free storage and insurance up to 1,000 grams
- 1% deposit and redemption fee above spot price
- Make or receive free gold transfers to anyone in the world
- Multiple funding and redemption options including credit/debit cards
- Free Goldmoney MasterCard®
- Purchase protection on purchases from Goldmoney sellers