Is an offshore credit card expensive?
– There are additional administrative and transactional costs to bear in mind, and charges for services such as use of ATM machines can be quite high. The rate of return on your security deposit will also be significantly lower than could be expected for other types of offshore investment. For this reason, offshore credit cards may not be right for everyone, and it is a decision which needs to be made based on the size of your investment, and personal situation.
