Published On: Tue, Apr 15th, 2014

MasterCard presents personal finance tips for Easter Break

The electronic payments company offers tips for consumers as part of its online education platform, Smart Consumer.

Barclays-Arrival-MastercardWe are a few days away from the much anticipated Easter break; you are ready to take part in your family Easter traditions and with our advice, you will enjoy this break to the fullest. The first thing you need is a budget; you can do a lot without spending much. A budget helps you control what you have and how much you want to spend. A good idea is to buy plane/bus tickets in advance in order to get the lowest possible fares. Remember that some airlines offer travel insurance if you pay with your credit card.

Some travel packages will give you an extra night or include meals if you pay with your credit card; remember to always ask your travel agent for additional benefits.

But if road trips and visiting small towns are your thing, create your budget, stick to it and hit the road; may your hair be the only thing that goes wild with the wind, not your debt. In these cases, some credit cards will offer you car rental insurance.

Once you’ve reached your destination, be it a heavenly beach, a charming town or a captivating city,  and after settling in the right place for your needs - maybe the 24-hour buffet and the casino are not necessary if your plan is not to stay in the hotel, right? - hit the streets and walk around; ask the locals for cheap places to eat, that way you will enjoy the local cuisine at affordable prices.

Remember to plan your shopping carefully in order to avoid unbearable debt, and to be careful with the use of your card to ensure safe transactions. The following is a list of recommendations for you to enjoy the best experience with your credit card during this break:

  • Keep in mind your cut-off date and your payment deadline; try to pay as much as you can in order to keep interests low.
  • Always have your bank’s telephone number, just in case you need to report a missing or lost card.
  • When you are ready to pay, ask for a wireless terminal; if there isn’t any, go directly to the cashier, never lose sight of your card.
  • If you need to leave your card in the hotel, keep it in the safety deposit box.
  • Keep in mind that interest-free months are deferred payments, not discounts.
  • Do not pay or transfer money using public computers.
  • Safeguard your data.

Research your trip in advance and make the most of it; now you know more about the benefits and care of your credit card, Happy Easter break!

About MasterCard

MasterCard (NYSE: MA),, is a global payments and technology company. It operates the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. MasterCard’s products and solutions make everyday commerce activities – such as shopping, traveling, running a business and managing finances – easier, more secure and more efficient for everyone. Follow us on Twitter @MasterCardNews, join the discussion on the Cashless Conversations Blog and subscribe for the latest news.


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