7 best credit cards with no foreign transaction fee | finder.com

Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

Best no foreign transaction fee credit cards

Save money on transactions made abroad and get additional perks.

Updated . What changed?

Fact checked

Our pick for no foreign fees and a huge bonus: Southwest Rapid Rewards® Priority Credit Card

Companion Pass

through 2/28/2022 when you meet requirements

  • $75 in Southwest travel credits annually
  • Huge signup bonus worth thousands of dollars
  • Get 7,500 points each card anniversary
See offer
We compared credit cards with no foreign transaction fee. And then we chose the top cards based on the rewards rate they offer, the value of the signup bonus, the intro APR period and other perks they may offer. We included both cards with no foreign transaction fee and no annual fee, as well as a couple of higher end cards that have annual fees — but enough perks to make the fee worth it.
  • Why trust us? Unlike our competitors, Finder’s credit card experts research and write about all credit cards, including those from providers who aren’t partners on our site. Our trustworthy, unbiased evaluations are solely meant to help you choose the best credit card for your financial needs.

Best credit cards with no foreign transaction fee

Quick look: Best credit cards with no foreign transaction fee

Best for Southwest travelers
Southwest Rapid Rewards® Priority Credit Card

Southwest Rapid Rewards® Priority Credit Card logo
Finder Rating: 4.1 / 5

★★★★★

Credit recommended (670-850)
See offer
on Creditcards.com's secure site
Rates & fees

670
Min. credit score
$149
Annual fee
Up to 5x
Points
30,000
Points welcome offer
If you’re a Southwest Airlines devotee, the Priority lives up to its name as your cobranded card of choice. Of the three Southwest card offerings, the Priority offers the best value for the cost, as the annual travel credits and points outweigh the annual fee in terms of value. And since all three Southwest cards have the same earning rate, there’s little reason to pick the entry or middle-level card if you’re a regular Southwest traveler.
  • Signup bonus. Earn a Southwest Companion Pass through 2/28/2022 and 30,000 points after you make $5,000 in purchases with your card within the first 3 months.
  • Rewards. Earn 2x points on Southwest and with hotel and car rental partners. Earn 1x points on all other purchases.
  • Anniversary points. Get 7,500 bonus points every year on your cardmember anniversary.
  • Annual fee. You'll need to pay $149 annually to use this card, though the card's perks will more than pay off this fee.
  • Variable minimum credit lines. Depending on the version of the card you receive (Visa Signature or Visa Platinum), you'll either receive a $2,000 minimum credit line or $5,000 minimum credit line.
Annual Fee $149
Purchase APR 15.99% to 22.99% variable
Balance transfer APR 15.99% to 22.99% variable
Welcome offer Earn Companion Pass® through 2/28/2022 plus 30,000 points after spending $5,000 in the first 3 months
Rewards 2x points on Southwest and Rapid Rewards hotel and car rentals and 1x points on all other purchases

Best for point transfers
Chase Sapphire Preferred® Card

Chase Sapphire Preferred® Card logo
Finder Rating: 4.3 / 5

★★★★★

Credit recommended (670-850)
Apply now
on Chase's secure site
Rates & fees

670
Min. credit score
$95
Annual fee
Up to 5x
Points
60,000
Points welcome offer
The Chase Sapphire Preferred® Card is an overall solid travel card when it comes to rewards and signup bonus and doesn’t lag far behind it’s older brother the Reserve. What really elevates this card however is the ability to transfer your points earned to a variety of hotel and airline partners. This is a feature that is more than worth the card’s annual fee should you use it, as a transferred Chase Ultimate Rewards point can double or even triple in value with the right travel partner.
  • Signup bonus. Earn 60,000 points after you make $4,000 in purchases with your card within the first 3 months of opening your account. This is worth up to $750 when redeemed through the Chase travel portal. Also earn up to $50 in statement credits on grocery store purchases.
  • Rewards. Until March 2022, earn 5x points on Lyft purchases. Earn 2x points on travel and dining purchases. Earn 1x points on all other purchases.
  • Transfer points. You can transfer your points at a 1:1 ratio to one of Chase’s many travel partners. This can boost the value of your points by double or more depending on how you redeem them.
  • Annual fee. You'll need to pay $95 annually to use this card, though the card's perks will more than pay off this fee.
  • Potentially high APR. Depending on your credit score, you could end up with an APR as high as 22.99% variable. The average APR for a credit card is around 16%.
Annual Fee $95
Purchase APR 15.99% to 22.99% variable
Balance transfer APR 15.99% to 22.99% variable
Welcome offer 60,000 points after spending $4,000 in the first 3 months, a value of up to $750 through Chase Ultimate Rewards. Plus up to $50 statement credit towards groceries.
Rewards 5x points on Lyft, 2x points on up to $1,000 on groceries until April 30, 2021, 2x points on travel and dining and 1x points on all other purchases

Best for Hyatt travelers
World of Hyatt Credit Card

World of Hyatt Credit Card logo
Finder Rating: 3.8 / 5

★★★★★

Credit recommended (670-850)
See offer
on Creditcards.com's secure site
Rates & fees

670
Min. credit score
$95
Annual fee
Up to 9x
Points
30,000
Points welcome offer
World of Hyatt Credit Card is one of Finder’s favorite hotel cards for earning hotel points on not just Hyatt stays, but other everyday spending categories as well. That’s because this card comes with perks and features worth far more than the card’s $95 annual fee would suggest, including Elite Discoverist status and a free anniversary night each year.
  • Signup bonus. Spend $3,000 on purchases in the 3 months following your account opening and get 30,000 bonus points. You'll also earn 2x instead of 1x points on up to $15,000 (for a total of up to 30,000 additional points) in the first 6 months.
  • Earn points. Earn 4x bonus points at all Hyatt hotels and get an additional 5x base points just by being a World of Hyatt member for a total of 9x points. Earn 2x points on fitness club and gym memberships, local transit and commuting purchases, at restaurants and on airline tickets purchased directly from the airline. On all other purchases, earn 1x points.
  • Free award nights. Earn a free night stay at a category 1 to 4 Hyatt hotel or resort each card anniversary. You can also earn a free night for spending $15,000 in a given year.
  • Annual fee. To use the card and its perks, you'll pay $95 each year. However, using just a few of the card’s perks will offset this fee.
  • Subject to Chase 5/24 rule. Since this card comes from a Chase provider, you can’t apply and qualify for this card if you’ve opened 5 new credit card accounts within the last 24 months.
Annual Fee $95
Purchase APR 15.99% to 22.99% variable
Balance transfer APR 15.99% to 22.99% variable
Welcome offer 30,000 points after spending $3,000 on purchases in the first 3 months. Plus 2x instead of 1x points on up to $15,000 (up to 30,000 more points) in the first 6 months
Rewards 9x total points at Hyatt hotels as a World of Hyatt member, 2x on gyms, commuting, dining and airlines and 1x on all other purchases

Best for flat rate miles
Capital One® Venture® Rewards Credit Card

Capital One® Venture® Rewards Credit Card logo
Finder Rating: 4.4 / 5

★★★★★

Credit recommended (670-850)
Read review
Rates & fees

670
Min. credit score
$95
Annual fee
5x
Miles
60,000
Miles welcome offer
The Capital One® Venture® Rewards Credit Card is a great example of a card that combines simplicity and additional value. For the card’s annual fee, you’ll enjoy the ability to transfer your miles to select airline transfer partners as well as take advantage of Visa Signature benefits such as Visa concierge and complimentary auto rental insurance. And the card’s earning rate of 2x miles on all purchases is higher than what you’d find on other flat rate cards, making it a great choice if you’ve not fully committed to a particular airline or rewards program.
  • Reward miles. Earn an unlimited 2x miles on all purchases, except on Uber Eats where you earn 2x points through January 2021.
  • Signup bonus. Earn 60,000 miles after you spend $3,000 in your first 3 months.
  • TSA PreCheck or Global Entry credit. Get TSA PreCheck or Global Entry application fee statement credit up to $100. You get this credit once every four years.
  • Annual fee. Pay an annual fee of $95 each year.
  • No intro APR period. You won't get a 0% intro APR period on purchases or balance transfers.
Annual Fee $95
Purchase APR 17.24%, 21.99% or 24.49% variable
Balance transfer APR 17.24%, 21.99% or 24.49% variable
Welcome offer 60,000 bonus miles after spending $3,000 in the first 3 months plus miles after spending in the first
Rewards 5x miles on Uber Eats and 2x miles on all purchases

Best card for everyday use
Amazon Rewards Visa Signature Card

Amazon Rewards Visa Signature Card logo
Credit recommended (670-850)
Read review
Rates & fees

670
Min. credit score
$0
Annual fee
Up to 3%
Cash back
$50
Welcome offer
The Amazon Rewards Visa Signature Card can be an excellent choice if you're looking for an everyday use card with no annual fee and no foreign transaction fees.
  • Cash back. 3% back on Amazon and Whole Food Markets purchases. Purchases at restaurants, gas stations and drugstores earn 2% cash back. Everything else you buy earns 1% cash back.
  • Amazon gift card. Get a $50 gift card in your Amazon.com account as soon as your credit card application is approved.
  • Travel insurance. Get travel accident insurance, baggage delay insurance and lost baggage reimbursement.
Annual Fee $0
Purchase APR 14.24% to 22.24% variable
Balance transfer APR 14.24% to 22.24% variable
Welcome offer $50 Amazon.com gift card upon approval
Rewards 3% back at Amazon.com, 2% back at gas stations, restaurants and drugstores and 1% back on all other purchases
The information about Amazon Rewards Visa Signature Card has been collected independently by Finder and has not been reviewed or provided by the issuer.

Best credit cards with no annual fee and no foreign transaction fee

If you’re looking to save even more, these cards don’t charge an annual or a foreign transaction fee.

Best credit card for travel within the US
Wells Fargo Propel American Express® Card

Wells Fargo Propel American Express® Card logo
Finder Rating: 4.4 / 5

★★★★★

Credit recommended (670-850)
Read review
670
Min. credit score
$0
Annual fee
Up to 3x
Points
20,000
Points welcome offer
The Wells Fargo Propel American Express® Card is a solid credit card that comes with 3x points on a number of categories including travel, dining, gas and streaming services. You also get to earn a decent welcome offer and you get a long intro APR period on balance transfers and purchases.
  • Reward points. Earn 3x points on eating out or ordering in, on fuel, rideshares and transit, on flights, hotels, homestays and car rentals, and popular streaming services. All other purchases earn 1x points.
  • Welcome offer. Earn 20,000 bonus points once you spend $1,000 in your first 3 months of account opening.
  • Intro APR period. Get 12 months of 0% intro APR period on balance transfers and purchases. But after the intro period expires, a variable APR of 14.49% to 24.99% applies.
Annual Fee $0
Purchase APR 0% intro for the first 12 months (then 14.49% to 24.99% variable)
Balance transfer APR 0% intro for the first 12 months (then 14.49% to 24.99% variable)
Welcome offer 20,000 points after spending $1,000 in the first 3 months
Rewards 3x points on dining, gas, transit, travel and streaming and 1x points on all other purchases

Best for signup bonus
Bank of America® Travel Rewards Credit Card

Bank of America® Travel Rewards Credit Card logo
Finder Rating: 3.2 / 5

★★★★★

Credit recommended (670-850)
Read review
670
Min. credit score
$0
Annual fee
1.5x
Points
25,000
Points welcome offer
Consider the Bank of America® Travel Rewards Credit Card if you're looking to get the highest signup bonus with a smaller spend requirement. And if you're an active Bank of America checking or savings account client, you earn 10% more points.
  • Reward points. Earn unlimited 1.5x points on everything you buy. Bank of America preferred rewards clients can earn up to 75% more bonus points.
  • Signup bonus. Spend $1,000 in your first three months of card membership and earn 25,000 online bonus points. Redeem these points for $250 statement credit toward travel purchases.
  • Intro APR period. Get of intro APR on purchases and balance transfers from the day you open your account. After that, your APR reverts to variable 14.99% to 22.99%.
Annual Fee $0
Purchase APR 0% intro for the first 12 statement closing dates (then 14.99% to 22.99% variable)
Balance transfer APR 14.99% to 22.99% variable
Welcome offer 25,000 points after spending $1,000 in the first 90 days
Rewards 1.5x points on all purchases

Should I choose a card with no annual fee?

Annual fees are typically commensurate with the number of additional perks or features on a credit card. For example, a card that grants year-round access to airport lounges or annual travel credits is going to have a higher annual fee than a credit card with fewer additional perks, such as a flat rate 1.5% cash back card. So whether you choose a card with an annual fee comes down to whether you value and will use a card’s additional features and perks.

So long as you’re using them, a card’s additional features will often make up for or even exceed the value of a card’s annual fee. But if you don’t use enough of those features (or any of them), then the money you’re spending on an annual fee is going to waste.

How to choose the best card without a foreign transaction fee

The lack of a foreign transaction fee itself is a great perk, but it’s not the only thing to focus on when choosing a credit card.

  • Annual fee. If you want to avoid foreign transaction fees, you might also want to minimize your credit card cost by avoiding the annual fee. Some cards without foreign transaction fees charge an annual fee for strong rewards or perks. Make sure any benefits are worth the additional fee.
  • APR. The annual percentage rate influences how much interest you pay whenever you don’t pay your balance in full during the grace period. It’s best to pay your balance in full to avoid interest and debt. But if you carry a balance, a lower annual percentage rate will minimize the amount of interest you pay on balances you carry.
  • Promotional rates. Some cards without foreign transaction fees offer 0% introductory promotional interest rates on balance transfers, on purchases or on both. You’ll pay no interest during the promotional period as long as you make your payments on time.With a low promotional rate, you can use your credit card to book a trip and make purchases while you’re traveling at no interest and with no foreign transaction fee. Consider also the length of the promotional rate and the interest rate after the promotion ends.
  • Rewards. Cards with no foreign transaction fees commonly pay rewards that you can use toward future travel. With a credit card that pays rewards, pay close attention to the rewards you earn for each dollar you spend.Look for a credit card that pays the most rewards on the categories where you typically spend the most money. Be sure also that the rewards you earn are rewards you can use.
  • Signup bonus. Many rewards credit cards offer a sign up bonus, which is a lump sum of rewards that you can earn by spending a certain amount of money within the first few months of having the credit card. Compare signup bonuses based on the amount of the bonus you can earn and the amount you have to spend to earn the bonus. Keep in mind that your spending habits and credit limit will influence your ability to meet the spending requirement.
  • Security features. Many credit cards now feature safer EMV chip technology, which makes it more difficult to copy or duplicate the credit card. Fortunately, many foreign countries already accept EMV chip credit cards. Look for a no foreign transaction fee credit card with EMV chip technology for safer transactions when you’re traveling abroad.
  • International credit card acceptance. Don’t take for granted that your card will be accepted while you’re traveling to other countries. Visa and Mastercards are widely accepted worldwide.However, Discover and American Express are not as widely accepted in other countries. Consider where you’re likely to travel and research to learn whether the credit card network is widely accepted in that country.
  • Other credit card perks. Many no foreign transaction fee credit cards include other travel perks. These perks can make the credit card even more worth using.Benefits like travel insurance, waived baggage fees, and priority boarding are things that you should consider when you’re choosing a no foreign transaction fee credit card. Read the fine print of these perks to be sure they continue to apply when you travel internationally.

Bottom line

Credit cards with no foreign transaction fees serve as excellent cards for frequent travelers. And most of these cards offer solid rewards, which makes them useful even for everyday purchases.

If none of these cards fit your financial needs, compare more credit cards to find the right fit.

Frequently asked questions

Credit card ratings

★★★★★ — Excellent

★★★★★ — Good

★★★★★ — Average

★★★★★ — Subpar

★★★★★ — Poor

Our team evaluates credit cards to determine their value against similar cards on the market.

We rank card types — travel, cash back, business — on a set of factors that are most relevant to that type of card. We create these rankings to help you narrow down a credit card that best suits your spending and budget.

Learn the details of our methodology and scoring.

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site