If credit cards are widely accepted where you’re using them, you can avoid taking out large amounts of cash. If you lose this cash or have it stolen, you often have little recourse. Credit cards help protect you from this issue because you can get purchase protection and PIN protection. You can easily cancel your credit card if it gets lost or stolen abroad. You can also get extra benefits with your credit card that you wouldn’t get by using cash, such as rewards on every dollar spent. Overall, a no foreign transaction fee credit card is generally a better option overseas than using cash exclusively.