Travelling abroad can be an exciting and enriching experience, but it also comes with its own set of risks. One of the most common pitfalls tourists face are scams. From fake taxis to counterfeit charity donations, it’s important to stay alert and well-prepared.
Here’s a list of some of the most common scams that travellers often encounter and how you can avoid them.
Taxi Scams: Watch out for unofficial drivers
When you step off a plane in a new city, one of the first things you’ll need is a reliable way to get to your destination. Many tourists have fallen victim to fake taxi drivers who prey on unfamiliar travellers. These drivers might charge excessive rates or take you on longer, more expensive routes. Check that the vehicle has a meter or, even better, book your ride through a ridesharing app like Uber or Lyft. If you must hail a taxi from the street, make sure it has the proper identification and credentials.
“Free” friendship bracelets: A sneaky way to get your money
One scam you might encounter is when street vendors offer you “free” friendship bracelets or other trinkets. The moment the bracelet is tied on your wrist, they will demand money for it, often asking for much more than the item is worth. These vendors often take advantage of your good nature by offering something for free, only to demand payment once you’re in a vulnerable position. To avoid falling for this scam, politely refuse any unsolicited offers of “free” gifts. Always be aware that many of these vendors use this tactic to get money from unsuspecting tourists.
Pickpocketing: Protect your belongings
Pickpockets are notorious in crowded tourist areas, where distractions are easy to come by. A group of street performers or friendly local offering assistance could be a cover for a thief looking to snatch your wallet or phone. To avoid pickpocketing, keep your valuables in a secure, anti-theft bag or a money belt. Always be aware of your surroundings and keep a close eye on your possessions, especially in busy areas like markets, public transportation, or crowded tourist attractions. Additionally, consider using RFID-blocking wallets to protect your credit cards and personal information from electronic theft.
Connecting your Moneybase Mastercard to a virtual wallet like, Google Pay or Apple Pay, will ensure that your cards remain safe from RFID electronic theft, as well as physical theft.
Learn how the Moneybase Mastercard can help you keep your money safe while travelling and save on ultra-low currency conversion fees when paying in 13 different currencies.
ATM Skimming: Beware of hidden devices
While using an ATM abroad, you might encounter devices attached to the machine that are designed to steal your card details. This is a common tactic known as “ATM skimming,” where criminals install small devices on the machine to capture your card’s information. However, skimming can also occur at point-of-sale (POS) systems. Thieves may install hidden devices on card readers in stores, restaurants, or other businesses to capture your card information when you swipe or insert it. To avoid this, use ATMs located in well-lit, secure areas, preferably inside banks.
Whenever possible, use your Moneybase Mastercard while travelling to save money and minimise the need to carry cash or make frequent ATM visits. You can also easily manage your card’s security settings – enabling or disabling contactless payments, ATM withdrawals, swipe transactions, or online purchases as needed.
If you lose your Moneybase Mastercard, you can freeze and block the card, then order another virtual card to continue spending and maintain access to your funds.
Currency exchange scams: Know the rates
When exchanging money, be cautious of currency exchange counters that offer “too good to be true” rates. Often, these services have hidden fees or unfavourable exchange rates that result in you receiving far less than you expected. Here’s how to avoid this risk:
- If you need cash, withdraw money directly from ATMs as they typically offer more competitive rates
- At the point of sale or ATMs, Moneybase will also exchange at ultra-competitive rates on all major currencies, and for all other currencies the direct Mastercard rate is passed on directly with no added fees
If given the option to convert at an ATM or a Point of Sale, always choose the local currency and Moneybase will convert at ultra-competitive rates.
Fake Wi-Fi Networks: Don’t risk your data
While it’s convenient to connect to free Wi-Fi networks in airports, cafes, or hotels, many scammers create fake networks that look like the legitimate ones. By connecting to these fake networks, you risk exposing your personal information, such as login credentials and credit card details. To protect yourself, avoid logging into sensitive accounts (like banking apps) while on public Wi-Fi. It’s highly recommended to have your own mobile data plan while travelling, so you never have to rely on unsecured Wi-Fi networks. Regardless of how trustworthy a Wi-Fi network name may look, it’s always better to use your personal internet connection for online activities. If you must use public Wi-Fi, consider using a VPN (Virtual Private Network) to secure your connection and protect your personal data. Additionally, only connect to Wi-Fi networks with official names, such as those provided by your hotel.
Keep your finances secure – check out our 10 fraud prevention tips.
Rental Car Scams: Protect yourself from hidden fees
When renting a car abroad, it’s important to thoroughly inspect the vehicle before taking it. Some rental car companies are notorious for trying to charge customers for damages that weren’t their fault. They may claim that the car was damaged during your rental period, even if it was already damaged when you first took it. To avoid these scams, take detailed photos of the car before renting it, ensuring that any existing damage is clearly documented. Make sure the rental contract clearly outlines all charges and fees and double-check the terms regarding insurance to avoid hidden costs.
Looking for a discount on your rental car while travelling? Enjoy 10% off car rental bookings from rentalcars.com, plus additional savings from Booking.com, easyJet, and more.
Travel & event tickets scams
When planning your travel or attending popular events abroad, be cautious of fraudulent ticket sellers. Many scammers create fake ticket websites or sell counterfeit tickets to unsuspecting travellers, leaving them without entry to their flight or event. These scams often occur on online platforms, where the prices seem too good to be true, or in person when approached by someone offering discounted tickets. To avoid falling victim, always purchase tickets from official, trusted sources, such as airlines, event venues, or authorized ticket retailers. Be wary of third-party websites or individuals who pressure you into making quick decisions without proper verification. For a more detailed look at how to avoid travel and entertainment scams, check out this blog.
Peace of mind with every payment
In the unfortunate event of fraud, most of your transactions are protected by the Mastercard Chargeback Scheme. This added layer of security offers reassurance and support, ensuring your payments are safeguarded and your financial experience remains stress-free.
Do your research & stay safe
While scams can be an unfortunate part of travelling abroad, you don’t have to fall victim to them. By staying alert and taking the necessary precautions, you can minimize your chances of being scammed. Always do your research before travelling, as every country may have different types of scams to watch out for. Thoroughly understanding the specific scams that are common in your destination is ideal to better protect yourself. Trust your instincts, secure your belongings, and take steps to safeguard your personal information. With a little preparation, you can enjoy your travels with peace of mind and avoid common scams that may try to take advantage of you.
Remember that if you lose your Moneybase Mastercard, you can easily freeze or block it and order a new one all through the Moneybase app!
Safe travels, and remember, being informed is your best defence against scams!
Payment services are brought to you by Moneybase Limited (MB) C 87193 which is licensed by the MFSA to transact the business of a Financial Institution in terms of the Financial Institutions Act, Cap 376. All investment services are brought to you by Calamatta Cuschieri Investment Services Ltd (CCIS) C13729 which is licensed by the MFSA to undertake investment services business under the Investment Services Act, Cap 370. Cuschieri Investment Services Ltd is a member of the Maltese Investor Compensation Scheme (“Scheme”). Instruments entrusted with us are covered under the Scheme in line with the Investor Compensation Scheme Regulations (S.L. 370.09). The value of investments may go up as well as down and investors might not get back the original amount invested. MB and CCIS are both subsidiaries of the Calamatta Cuschieri Moneybase plc with their registered address situated at Level 0, Ewropa Business Centre, Dun Karm Street, Birkirkara, BKR 9034, Malta.
