Credit Cards with No Foreign Transaction Fees (2024)

FAQs

Credit Cards with No Foreign Transaction Fees? ›

If you are traveling abroad and using your card, you should review your credit card monthly statement to keep track of any fees. Many credit cards waive foreign transaction fees during your first year as a perk but you might incur these fees once the promotional period ends.

If you are traveling abroad and using your card, you should review your credit card monthly statement to keep track of any fees. Many credit cards waive foreign transaction fees during your first year as a perk but you might incur these fees once the promotional period ends.

A good rule of thumb is to have the card charged in the local currency to avoid conversion fees and to choose a card that doesn't charge foreign transaction fees for all purchases made abroad. Cash withdrawals from international ATMs are also subject to fees.

All Capital One credit cards have no foreign transaction fees. With any Capital One credit card, cardholders will save an average of 1.53% on each purchase they make abroad or with an international merchant, compared to the average credit card offer.

The Chase foreign transaction fee for credit cards is either $0 or 3% of each transaction in U.S. dollars, depending on which credit card you get.

Therefore, Visa and Mastercard are the most commonly accepted networks while traveling internationally.

Credit card transaction fees are typically higher than debit cards. Shops may charge a fee, and banks may charge a conversion fee for the payment. If the merchant hasn't displayed fee notices, travelers should inquire with the staff. Credit cards may be subject to ghost charges or temporary holds.

How do I get international fees waived? ›

Contact the credit card's customer service department and request they waive the fee. Cite your history as a loyal customer, the frequency with which you travel abroad, or other reasons that could justify the fee waiver. Apply for a credit card with no foreign transaction fee if your request is not granted.

Credit cards with no foreign transaction fees give you the freedom to travel internationally and spend money without worrying about the added cost of foreign transaction fees. Start your next trip off right by applying for a Bank of America® credit card with no foreign transaction fees.

Annual fee: Bank of America Unlimited Cash Rewards credit card charges a $0 annual fee. Purchase of a wire transfer from a nonfinancial institution: 5% of the transaction, or at least $10. Foreign transaction fee: The foreign transaction fee is 3%.

Use a card with no foreign transaction fees

Credit cards with foreign transaction fees typically charge an extra 3% to 5% for every foreign purchase. However, there are some credit cards that do not have any foreign transaction fees. Some of them are even travel rewards cards.

In fact, your rewards balance will be visible to you, and you can choose to use your cash back to pay for all or part of your purchase when you check out. No Foreign Transaction Fee: With this card, you don't have to worry about foreign transaction fees when you travel abroad.

Foreign transaction fee

The Wells Fargo Active Cash® Card charges a 3% fee for all foreign transactions. For example, If you spend $1,000 during a vacation in Mexico, you have to pay $30 in fees.

For 360 products (360 Checking, Money, etc.) there are no additional fees when you use your debit card abroad (any transaction made in a foreign currency or that MasterCard® classifies as a cross-border transaction).

The Quicksilver card has a $0 annual fee and no foreign transaction fees, making it a good choice for almost any purchase. Some versions of this card also offer a few benefits including extended warranties and travel accident insurance.

American Express will not charge any foreign transaction fee on the purchases you make outside of the United States with your Card.

Does Amex Gold have foreign transaction fees? ›

Travel benefits: With the American Express Gold Card, cardholders receive valuable travel benefits including baggage insurance, car rental loss and damage insurance, and no foreign transaction fees (See Rates & Fees).

Credit cards typically provide better exchange rates than what you'll get from ATM machines and currency stands. Depending on your card issuer, your purchases might automatically qualify for insurance. This coverage doesn't simply apply to consumer goods — it also covers travel delays and lost luggage.

A travel credit card is a type of credit card that usually won't charge you for spending overseas. Unlike standard credit cards, that can come with high interest rates and extra fees when used abroad, a travel credit card won't charge you exchange fees.

It's generally recommended that you have two to three credit card accounts at a time, in addition to other types of credit. Remember that your total available credit and your debt to credit ratio can impact your credit scores. If you have more than three credit cards, it may be hard to keep track of monthly payments.

Which is more popular, Mastercard or Visa? Both Visa and Mastercard are accepted globally. However, Visa cards at the most basic level offer more benefits and features as compared to Mastercard.

While both Visa and Mastercard are accepted virtually everywhere around the world, Visa cards offer slightly more benefits than Mastercard cards. Even with the most basic level Visa card, you'll still have access to features like: Lost or stolen card reporting. Emergency card replacement.

Mastercard is better for international travel than Visa because Mastercard is accepted in more countries and territories (over 210) than Visa (200). Both are widely accepted nearly everywhere you're likely to travel, though, and each network supports credit cards that are excellent for traveling abroad.

You can use your card abroad the same as you use it at home.

You don't need to notify us about your travel plans anymore thanks to the added security of your Capital One chip card. You can use your card abroad the same as you use it at home.

Does Mastercard charge international fees? ›

The foreign transaction fee consists of two parts: Network fee (or currency conversion fee): This part of the FX fee is charged by the credit card network (Visa or Mastercard, for example). Visa and Mastercard both charge a fee of 1%. Regardless of the type of credit card, this fee is applied to all transactions.

There are no annual fees, foreign transaction fees or late payment fees. The current variable APR is 14.74% to 25.74% based on your creditworthiness, which is pretty similar to other cards.

No. The Costco Anywhere Visa^® Card by Citi does not have foreign transaction fees on purchases¹ - allowing you to make the most of your credit card when traveling abroad.

The Blue Cash Everyday® Card from American Express has no annual fee, but there is a *2.7% foreign transaction fee, making this not the best card for frequent travelers.

How much are American Express foreign transaction fees? The American Express foreign transaction fees are 2.7% of all international transactions or 0%, depending on the card. There are plenty of American Express cards with no foreign transaction fees. Those cards tend to be the best options for travel.

Traveling Internationally? Use your Bank of America ATM or debit card at one of our International partner ATMs and avoid the non-Bank of America ATM $5 usage fee for each withdrawal, transfer or balance inquiry ¹ as well as the ATM operator access fee.

Should You Use Cash or Credit When Traveling to Europe? Most international travelers will end up using a combination of cash and cards when visiting Europe. While credit cards are accepted in most situations, currency can be more convenient for public transportation and small vendors.

Paying with Visa abroad uses the same high-tech, anti-fraud systems as at home, so your payments are safe wherever you are.

The Post Office travel card is handy to have if you're travelling and want to keep your money safe. You won't need to carry cash around with you, or have to take time out of your trip to change currency. Paying in local currencies is quick and easy, especially as it's a contactless card.

The Chase 5/24 rule is an unofficial policy that applies to Chase credit card applications. Simply put, if you've opened five or more new credit card accounts with any bank in the past 24 months, you will not likely be approved for a new Chase card.

What credit score do I need to get an Amazon Prime Visa card? ›

What credit score is needed for the Amazon Prime Rewards card? Applicants with a good to excellent credit score — a 670 FICO score or higher or a 661 VantageScore or higher — have the best approval odds when applying for the Amazon Prime Rewards card.

No foreign transaction fees

This rewards credit card doesn't tack on any foreign transaction fees when you use it for purchases overseas. This makes it a solid card option for international travel.

Credit cards with no foreign transaction fees give you the freedom to travel internationally and spend money without worrying about the added cost of foreign transaction fees. Start your next trip off right by applying for a Bank of America® credit card with no foreign transaction fees.

If you are traveling outside of the United States, charges may have a foreign fee up to 3% of the transaction amount.

Yes. As long as your ATM or credit card has either a Visa or PLUS logo, you can withdraw cash at ATMs that are part of the Visa or PLUS network. How do I find an ATM in the country that I'm traveling to? Visa is accepted at over 200 countries and territories around the world.

Discover doesn't charge any foreign transaction fees. Discover cardmembers earn cash back rewards on all purchases, including foreign transactions.

The Wells Fargo Cash Wise foreign transaction fee is 3%. This fee gets assessed both for purchases made while traveling outside of the United States and online, through international merchants. The fee is within the 1%-3% range that other issuers charge for foreign transactions.

Yes. Cards issued by U.S. Bank can be used in most foreign countries for transactions. If you're planning to travel and want to use your card, let us know. Call us at the number on the back of your card, or add a travel note to your account digitally.

Annual fee: $0. Foreign Transaction fee: 3% of each foreign purchase transaction or foreign ATM advance transaction in U.S. Dollars. 3% of each foreign purchase transaction or foreign ATM advance transaction in a Foreign Currency.

What is the most accepted card internationally? ›

Therefore, Visa and Mastercard are the most commonly accepted networks while traveling internationally.

Credit cards are widely accepted around the world and can also serve as a deposit, e.g., when renting a car. Credit card transaction fees are typically higher than debit cards. Most banks charge an average conversion fee of 2% for a credit card payment, that's 1% more than for a debit card payment.