If you are the kind who literally lives out of a suitcase, then you must ensure that you choose the best credit card. There are a number of cards that have some of the best offers. You can avail benefits such as fraud protection, travel assistance, etc. But sometimes the foreign transaction fees can literally eat into your travel budget. The magnetic stripe cards are no longer accepted overseas, so you must ensure that you choose the ones with a technology that is more widely accepted. Choose the right card according to the perks that you want and the fees that you want to pay. This will also depend on the type of credit you have.

Capital One Platinum Prestige Credit Card - There is no foreign transaction fees on this card. It also offers 0% interest on purchases and balance transfers until September 2012. So, you can save on interest charges especially if you have a huge balance after the vacation. The interest rate on this card would be 10.9% APR and is considered to be a good credit card to use locally as well as a good card when you travel abroad.

U.S. Bank FlexPerks Travel Rewards Visa - This has both EMV chip and magnetic stripe technology. Hence, this card would be accepted anywhere and it has a good rewards program as well. For every dollar spent, you can earn 1 FlexPoint that can be redeemed for various rewards and airline miles.

Capital One Secured MasterCard and The Platinum Card from AmEx are three of the best cards.