If you do not wish to carry huge cash or traveler’s cheque while on an overseas tour, the global credit cards would be your solution to the problem. A global card gives you the ability to enter into financial transactions overseas without the necessity of handling cash, check or drafts. With such cards you can conclude your transactions in the local currency of the country where you are presently on tour. The amount on conversion to your home currency shall be deducted from your bank account or will stand as your debt repayable. Your credit limits for such cards shall be based on your entitlement of basic travel quota or BTQ in short. 

Global credit cards are also known as international credit cards. Since with huge developments in communication and transport system across the globe and at the same time rapid strides made in the realm of information technology international credit cards are gaining popularity. That is why you will come across ads like citi offering more financial products in india that would indicate the bank coming up with something innovative in the market of credit cards too. 

Cash withdrawal is also possible with an international credit card and the limit is five hundred US dollars. However, your credit limits will be based on BTQ or basic travel quota only. A bank to day can issue a single credit card that could be used world wide like you find the icici launch a new card. The only constraint is that the expenditure limits shall be determined on the basis of the norms fixed by the Reserve Bank of India.