The content and opinions provided on this site have not been provided or commissioned by any issuer of the financial products and/or services appearing on this site. The content and opinions have not been reviewed, approved or otherwise endorsed by an issuer. Offers may be subject to change without notice. For more information, please read our full disclaimer.
Credit cards are a handy way to pay, especially when traveling overseas. However, they can become less practical if foreign transaction fees start piling up on your statement.
What are Foreign Transaction Fees?
Many companies charge a fee for purchases made in currencies other than the U.S. dollar because they must convert the total cost from one to the other. This fee can add up over time, eating away at your travel budget. Bear in mind that additional fees may apply to international ATM withdrawals and international internet purchases.
When you opt for one of the best no foreign transaction fee credit cards, you may be able to benefit from the many other perks these credit card companies have set up for travelers:
- Travel insurance
- Rewards points
- Security
- Connections with partner businesses
Whether you're traveling abroad for business or pleasure, consider this handful of the best no foreign transaction fee credit cards that may help you cut costs during your next international trip as well as offer other desirable benefits.
Best No Foreign Transaction Fee Credit Cards with Cash Back Rewards
Citi Premier® Card
- Special Offer
- 60K Points
- Annual Fee
- $95
Those who are on the road a lot may be able to save a great deal of money by using the Citi Premier card. For each dollar you spend on gasoline, airfare, hotel stays, and food, you can bring home three rewards points.
- Variable APR: 20.74-28.74%
- $0 liability on unauthorized charges
- Transfer ThankYou® points on participating airline loyalty programs
Capital One Venture® Rewards Credit Card
- Max. Miles
- Unlimited
- Annual Fee
- $95
While the Capital One Venture Rewards Credit Card is not linked to a specific airline, it offers a flexible rewards structure frequent fliers should consider. New cardholders earn 60,000 bonus miles once you spend $3,000 in the first three months from account opening.
- Variable APR: 19.99-29.24%
- Receive up to $120 credit for Global Entry or TSA PreCheck
- No foreign transaction fees
Best No Foreign Transaction Fee Credit Cards with Added Member Benefits
Chase Sapphire Preferred® Card
- Special Offer
- 60K points
- Annual Fee
- $95
The Chase Sapphire Preferred Card is one of the most in-demand travel rewards cards. The card comes with some excellent sign-on bonuses and offers three points on all dining and travel-related purchases.
- Variable APR: 20.99%-27.99%
- Airport lounge access
- Trip cancellation and interruption insurance
The Platinum Card® from American Express
- Points
- 5X
- Annual Fee
- $695
The Platinum Card® is a particularly attractive option because it gives users access to over 1,400 lounges in airports throughout 140 countries. See website for details.
- Variable APR: 20.74% - 28.74%
- Premium car rental status
- Travel credits available
Best No Foreign Transaction Credit Cards for Credit Rebuilding
Platinum Secured Card from Capital One
- Variable APR
- 29.74%
- Annual Fee
- $0
The easy to use Capital One Platinum Credit Card is a great way to help you build your credit when used responsibly. If you have a fair or limited credit score, you are likely to still be eligible for a Capital One Platinum Credit Card. See website for details.
- No hidden fees
- Eligible cardholders considered for credit line increase in as little as 6 months
- Reports to All 3 major credit bureaus
Which Credit Card Is Right for You?
Given there are so many options, it can be challenging to determine which card is best for you. Consider several key aspects of your travel plans to help you make this decision:
- How much money do you plan to spend while abroad?
- What types of purchases will you be making?
- Which credit card companies are accepted at your final travel destination?
The answers to these questions may give you insight into whether you want a card that lacks an annual fee, offers cash back on all purchases, or is widely accepted in most countries.
