Travel

12 Ways to Save Money on International Travel

After two years of being relatively close to home, more travelers want to get out and see the world in 2022.

A recent survey by IMG Travel found that 96% of participants plan to travel abroad in 2022, up 11% from before the pandemic. More than half said they felt more comfortable traveling the world this year, according to the survey.

If you’re ready to get on a plane or boat too, how can you be sure you’re getting the best value for your money, especially with current gas prices and inflation?

We have ideas to help you save money and still see the world without getting into debt.

1. Travel during the off-season

The off-season is when fewer travelers flock to a particular region. It’s all about when you travel and where you’re going. For Europe, the off-season lasts from November to March. In Southeast Asia from June to October. The off-season in North America varies by region.

During the off-season, you’ll save money with cheaper international flights, more budget-friendly accommodation options, and fewer people.

Advice

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2. Choose a good travel credit card

Make sure you are using a travel credit card that does not charge foreign transaction fees. The current rate on most credit cards is 3%, meaning you will be charged $30 for every $1,000 you spend abroad.

Some credit cards have rewards programs that allow you to earn free or discounted trips and include travel insurance that can cover lost baggage and expenses (such as meals, lodging, car rentals) associated with trip delays or cancellations.

A woman waits for a subway stop before getting on it.

3. Avoid airport parking

Daily parking at major metropolitan airports – as well as smaller airports – can be very costly. In just 10 days, you can easily spend over $100.

Instead of driving your own car, save money by driving with a friend, using public transportation or car sharing services.

Even if you don’t live near the airport, paying for your ride with Uber or Lyft can still be cheaper than parking nearby. To be sure, Uber and Lyft provide trip estimate calculators that you can use and then compare the estimate with your parking costs.

4. Explore all lodging options

Of course, look out for hotels in the area, but don’t rule out other options like Airbnb. You may well find that short-term rentals—either the whole space or just a room—are cheaper than a hotel room or suite. For example, the average cost of Airbnb in Italy is $108 per night. A three-star hotel in Italy will cost at least the same, and most likely much more.

By choosing Airbnb, you will not only get more space, but you will also get access to the kitchen. You will be able to shop for groceries and cook your own meals, save money at restaurants and enjoy cooking from what you find in the local…

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