International Credit Card with No Foreign Transaction Fee (2024)

FAQs

How can I get no international transaction fee? ›

Many international travelers encounter foreign transaction fees while making purchases or withdrawing cash from an ATM in a foreign country. The easiest way to avoid a foreign transaction fee is to use a debit or credit card that waives foreign transaction fees while traveling abroad.

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.

IDFC First Wealth Credit Card is a good match if you love to travel abroad. This credit card offers various premium benefits, such as low forex markup fee, complimentary international lounge access, exclusive airport services, interest-free cash withdrawal and travel insurance.

You can check if foreign transaction fees are waived for your Card through your online account. Otherwise, for personal and small business (OPEN) Cards we charge 2.7%, and for Corporate Cards, it's 2.5%.

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 Visa foreign transaction fee is usually either 0% or 3%, depending on which Visa credit card or debit card you have. The Visa foreign transaction fee is typically 0% on travel rewards credit cards, which are built for spending all around the world.

Discover Bank

Discover doesn't charge foreign ATM network or foreign transaction fees. But Discover card acceptance can be limited outside of the U.S., Canada, Mexico and some Caribbean nations. With an HSBC Premier Checking account, customers pay no foreign transaction fees. HSBC also has a worldwide network of ATMs.

If a card charges a foreign transaction fee, it will be listed in the card's terms and conditions. The 10 largest credit card companies all offer at least some cards without foreign transaction fees. Plus, some issuers don't charge these fees on any of their credit cards.

Visa, Mastercard, American Express, and Discover credit cards can be used internationally. However, Visa and Mastercard credit cards are more widely accepted abroad. Credit cards without foreign transaction fees are also crucial when traveling internationally.

What is the most widely accepted credit card internationally? ›

Visa and Mastercard are by far the most widely accepted cards, with Discover slightly behind those brands and American Express in a distant fourth place. Any retailer that accepts card payments likely takes Visa and Mastercard. In terms of the number of countries serviced, Discover lags behind the other three cards.

Purchases made outside the U.S. with the Explorer Card are not subject to foreign transaction fees. ⁴ It's a great opportunity to use your card when you travel or shop online and earn award miles.

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.

You will pay no foreign transaction fees when you use your card for purchases made outside the United States. For example, if you spend $5,000 internationally, you would avoid $150 in foreign transaction fees.

Using credit cards for purchases and using ATMs to get local currency are the best options when abroad. Avoiding cash as much as possible won't saddle you with extra unspent currency when you leave a country.

Using your credit card abroad provides security and convenience that cash does not. You'll earn points on every purchase, which you can save up and redeem toward more travel experiences in the future. Your purchases may also be covered by purchase protection, giving you extra peace of mind.

Shop like a local. No matter where you're traveling, when you use your Business Platinum Card there are no foreign transaction fees from American Express.

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. Balance transfers to this card are charged a transfer fee.

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.

What is the international fee for Chase Freedom? ›

The Chase Freedom foreign transaction fee is 3%. This fee will get added as a surcharge to any Chase Freedom transaction processed abroad or through an international online merchant.

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.

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.

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.

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.

How to Get a Foreign Transaction Fee 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.

Here's how the Mastercard foreign transaction fee works:

The Mastercard foreign transaction fee comes in two parts. Mastercard, as the credit card network, always charges a 1% fee. Then, the credit card issuer can choose to add their own fee on top of that, or cover Mastercard's fee for you.

Log into your online banking service. Look for the wire transfer option and enter the payment amount and currency. Add your recipient's banking information. Choose the option to pay with a credit card.

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.

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.

Which two credit cards are usable worldwide? ›

Visa and Mastercard are the most widely accepted credit card networks. Visa credit cards can be used at 44 million merchant locations in more than 200 countries and territories. Mastercard credit cards are accepted at 37 million merchant locations in more than 210 countries and territories.

Discover Bank

Discover doesn't charge foreign ATM network or foreign transaction fees. But Discover card acceptance can be limited outside of the U.S., Canada, Mexico and some Caribbean nations. With an HSBC Premier Checking account, customers pay no foreign transaction fees. HSBC also has a worldwide network of ATMs.

An international transaction fee is charged to you, the consumer, by your credit card company whenever you buy something in a foreign currency. And while most of these charges are applied to travelers, they can also be added to your credit card bill when you make a purchase online from a foreign vendor.

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.

Visa, Mastercard, American Express, and Discover credit cards can be used internationally. However, Visa and Mastercard credit cards are more widely accepted abroad. Credit cards without foreign transaction fees are also crucial when traveling internationally.

The Chase Freedom foreign transaction fee is 3%. This fee will get added as a surcharge to any Chase Freedom transaction processed abroad or through an international online merchant.

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. Balance transfers to this card are charged a transfer fee.

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.

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.

How do I know if my card charges international fees? ›

If a card charges a foreign transaction fee, it will be listed in the card's terms and conditions. The 10 largest credit card companies all offer at least some cards without foreign transaction fees. Plus, some issuers don't charge these fees on any of their credit cards.

A foreign transaction (FX) fee is a surcharge on your credit card bill that appears when you make a purchase that either passes through a foreign bank or is in a currency other than the U.S. dollar (USD). This fee is charged by many credit card issuers, typically ranging from 1% to 3% of the transaction.

The main advantage of using a debit or credit card overseas is that you won't pay foreign transaction fees every time you spend. While many also won't charge fees for cash withdrawals, you will still usually be charged interest from the date of the transaction if you use a credit card.

While you can typically use a debit cards in another country, you may have to pay a foreign transaction fee. Though these fees vary by bank and card issuer, they are usually around 3% of any transaction abroad. In addition, you may be given the option by a merchant to pay in local or U.S. currency.

Get in touch with your credit card provider and check if your credit card is enabled to be used in an international location. Most of the credit cards are issued to be used both domestically and internationally. However, few credit cards require you to manually activate it for international usage.