10 best credit cards with no foreign transaction fees: Traveling abroad is an exciting and enriching experience but can also come with many unexpected expenses.
One of the travelers’ most common expenses is foreign transaction fees on their credit cards.
These fees can add up quickly and put a damper on your trip. Luckily, there are credit cards available that offer no foreign transaction fees, allowing you to enjoy your trip without worrying about extra charges.
10 Best Credit Cards With No Foreign Transaction Fees
Here are the 10 best credit cards with no foreign transaction fees:
1. Chase Sapphire Preferred Card
The Chase Sapphire Preferred Card is a popular travel rewards card with no foreign transaction fees.
It also comes with a generous signup bonus and earns 2x points on travel and dining purchases.
2. Capital One Venture Rewards Credit Card
The Capital One Venture Rewards Credit Card offers no foreign transaction fees and earns 2x miles on all purchases.
It also comes with a signup bonus and flexible redemption options.
3. Discover It Miles
The Discover it Miles card offers no foreign transaction fees and earns 1.5x miles on all purchases.
It also has a unique feature that doubles the miles you earn in the first year.
4. American Express Platinum Card
The American Express Platinum Card is a premium travel rewards card with no foreign transaction fees.
It has many benefits, such as airport lounge access and statement credits for travel expenses.
5. Bank of America Travel Rewards Credit Card
The Bank of America Travel Rewards Credit Card offers no foreign transaction fees and earns 1.5x points on all purchases.
It also has a signup bonus and flexible redemption options.
6. Citi Premier Card
The Citi Premier Card offers no foreign transaction fees and earns 3x points on travel and gas purchases and 2x points on dining and entertainment.
It also comes with a signup bonus and travel benefits.
7. Wells Fargo Propel American Express Card
The Wells Fargo Propel American Express Card offers no foreign transaction fees and earns 3x points on dining, travel, and gas purchases.
It also has a signup bonus and flexible redemption options.
8. U.S. Bank Altitude Reserve Visa Infinite Card
The U.S. Bank Altitude Reserve Visa Infinite Card is a premium travel rewards card with no foreign transaction fees.
It also earns 3x points on travel purchases and has many benefits, including airport lounge access and statement credits for travel expenses.
9. Hilton Honors American Express Surpass Card
The Hilton Honors American Express Surpass Card offers no foreign transaction fees and earns 12x points on Hilton hotel purchases and 6x points on dining, gas, and grocery purchases.
It also comes with a signup bonus and Hilton Honors Gold status.
10. Marriott Bonvoy Boundless Credit Card
The Marriott Bonvoy Boundless Credit Card offers no foreign transaction fees and earns 6x points on Marriott hotel purchases and 2x points on all other purchases.
It also has a signup bonus and automatic Marriott Bonvoy Silver Elite status.
Things to Consider When Choosing a Credit Card
Choosing the right credit card with no foreign transaction fees can be a great way to save money while traveling, but it’s important to consider a few things before deciding.
Here are some factors to keep in mind:
Annual fees:
Some credit cards with no foreign transaction fees may have an annual fee. Make sure to weigh the benefits against the cost of the fee before making a decision.
Rewards programs:
Look for credit cards with rewards programs that fit your spending habits and travel needs.
Consider the points or miles earning potential and the redemption options available.
Sign-up bonuses:
Some credit cards offer sign-up bonuses, a great way to earn extra points or miles.
Check the requirements and spending threshold needed to qualify for the bonus.
Interest rates:
Check the interest rates on the credit card, especially if you plan on carrying a balance.
High-interest rates can negate any rewards or benefits earned.
Travel benefits:
Consider any travel benefits the credit card offers, such as airport lounge access, travel insurance, or statement credits for travel expenses.
These benefits can add value to the card and enhance your travel experience.
Acceptance:
Check if the credit card is widely accepted at your destination. Some credit cards may have limited acceptance in certain countries or regions.
Foreign exchange rates:
Check the foreign exchange rates the credit card offers. Some cards may offer better exchange rates than others, saving you money on foreign transactions.
Conclusion
If you’re a frequent traveler, having a credit card with no foreign transaction fees is important.
These 10 credit cards are some of the best options available and offer a variety of rewards and benefits to help you make the most of your travels.
So, choose the one that fits your needs and enjoy your next adventure without worrying about extra fees.