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No foreign transaction fee credit cards

We compared more than 300 credit cards to find the best cards to save on overseas transactions.

Compare cards with no foreign transaction fees

Want to size up your options side-by-side? Choose your credit score below and click Show cards to start comparing no foreign transaction fee credit cards.

Name Product Foreign transaction fee Annual fee Purchase APR Filter values
Chase Sapphire Preferred® Card
None
$95
15.99% to 22.99% variable
Earn a signup bonus worth $1,000 plus up to $50 statement credit towards groceries with this popular travel card.
American Express® Gold Card
None
$250
See Pay Over Time APR

Rose Gold is back

Earn up to 4x points on select purchases, a bevy of travel perks, and a welcome offer worth up to $600 based on our valuation with this upper-mid tier travel card. Terms apply, see rates & fees
The Platinum Card® from American Express
None
$550
See Pay Over Time APR
One of the most valuable premium travel cards, featuring two welcome offers worth up to $4,500 based on Finder's valuation, multiple travel credits and unrivaled lounge access. Terms apply, see rates & fees
Luxury Card Mastercard® Titanium Card™
None
$195
14.99% variable
Enjoy unique excursions, privileged access to exclusive events and insider opportunities.
Chase Sapphire Reserve®
None
$550
16.99% to 23.99% variable
Earn a huge signup bonus worth $900 toward travel when redeemed through Chase Ultimate Rewards with Chase’s premier card.
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How to compare no foreign transaction fee credit cards

Since no foreign transaction fee credit cards don’t handily fit into a category like cash back or rewards, you should approach comparisons between them on a case-by-case basis. For example, there are intro APR cards with no foreign transaction fees just as there are travel cards with no foreign transaction fees. You’ll want to take a look at a few of these broader card features based on the type of card you want.

  • Annual fee. Does the card carry an annual fee to use each year?
  • Rewards. Do you mind if the card doesn’t offer cash back or rewards?
  • APR. If you plan on carrying a balance, the card’s APR is important for keeping interest low.
  • Card acceptance. Visa and Mastercard are the most widely accepted credit cards abroad, while American Express doesn’t have quite the same coverage.

Foreign transaction fees by credit card issuer

Below you’ll find a list of the lowest, highest and average foreign transaction fees you’ll find across the major credit card providers.

Card issuerAverage foreign transaction feeLowest foreign transaction feeHighest foreign transaction fee
American Express0%0%2.7%
Bank of America0%0%3%
Barclaycard0%0%3%
Capital One0%0%0%
Chase0%0%3%
Citi3%0%3%
Discover0%0%0%
HSBC0%0%0%
TD Bank0%0%3%
USAA0%0%0%
US Bank3%, or 2% in USD0%3%, or 2% in USD
Wells Fargo3%0%3%

When is a foreign transaction fee applied?

Credit card providers may apply a foreign transaction fee for any of the following transactions:

  • Overseas transactions
  • Transactions made online in a foreign currency
  • Transactions made with a retailer outside of the US

Credit card companies can charge foreign transaction fees even when the purchase is made in USD, though some companies charge less than purchases made with other currencies.

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How can I avoid foreign transaction fees?

Here are some other options that allow you to avoid or minimize foreign transaction fees:

  • Prepaid travel money cards. Consider travel money cards, which offer the convenience of credit cards without the costs of international transaction fees or ATM withdrawal fees.
  • Foreign cash. Using cash eliminates bank transaction and ATM fees, but you may still have to pay a fee for the currency exchange. You could also use a money transfer service to send money to your destination and pick it up when you arrive. Be careful with large amounts of money — if you lose it, it’s not replaceable.
  • Traveler’s checks. These can help you avoid international transaction fees, but they are slowly being phased out because of other fees and limited acceptance.
  • Foreign partners of your bank. Check with your bank if it’s in an ATM alliance with financial partners abroad. If so, you may be able to use a foreign bank’s ATMs with waived fees.

How will I know if a credit card is a no foreign transaction fee card?

If a credit card doesn’t charge a foreign transaction fee, you can be sure that the credit card issuer markets this benefit prominently in its credit card offers. You can also check the credit card terms and conditions to find out whether a card issuer charges a foreign transaction fee. If you have trouble locating the foreign transaction fee for a credit card, call the credit card issuer to find out whether the card charges a foreign transaction fee or not.

Common mistakes to avoid when using no foreign transaction fee travel credit cards

  • Withdrawing cash. Just because a card doesn’t charge foreign transaction fees doesn’t mean you won’t pay fees for withdrawing cash. In actuality, you’ll be hit with cash advance fees, and your transactions will start accruing interest at a higher cash advance APR.
  • Forgetting about currency conversion. Foreign transactions are usually converted to USD at the applicable exchange rate. Because of this, you might not know exactly how much your purchase will add to your balance before it posts to your account. Keep currency conversion in mind so you don’t exceed your credit limit.
  • Paying off your balance only partially. If you don’t pay off your balance in full by the due date each billing period, the remaining balance will start accruing interest.

No foreign transaction fee credit card vs. using cash

When you’re traveling overseas, whether to carry cash or credit depends on where you’re traveling and what your plan to purchase. Cash is universal, and many countries accept US dollars, however, a credit card is often a better choice. While you may carry some cash for smaller purchases, like restaurants, a credit card is a better option for hotels and car rentals.

Carrying cash is riskier in cities because of the chance of being pickpocketed. If your cash is stolen, you can’t recoup your funds. On the other hand, your credit card issuer likely has a zero fraud liability policy that will eliminate your responsibility for charges made on a stolen credit card.

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    4 Responses

      Default Gravatar
      MarinaOctober 12, 2018

      I believe that there are no international fees on a ’28 Degree Mastercard’.

        Avatarfinder Customer Care
        nikkiangcoOctober 12, 2018Staff

        Hi Marina,

        Yes, you are correct! There are no foreign transaction fees when you use Latitude 28° Global Platinum Mastercard to make a purchase when you travel or shop online.

        There are also no overseas ATM Withdrawal Fee, however, there is an overseas cash advance fee which is 3% of the cash advance or $4 (whichever is greater).

        Hope this was helpful. Don’t hesitate to message us back if you have more questions.

        Regards,
        Nikki

      Default Gravatar
      MebbieNovember 17, 2017

      Looking for credit card with no foreign transaction fees, cash back rewards, and no annual fee. I have excellent credit rating.

        Avatarfinder Customer Care
        ArnoldNovember 18, 2017Staff

        Hi Mebbie,

        Thanks for your inquiry

        The page above already shows you options for credit cards with no foreign transaction fees. You may go ahead and compare them to check which one suits your needs. However, you can also check no annual fee credit cards with rewards.

        Please make sure you check if you meet the eligibility requirements to avoid applying for the wrong credit card.

        Hope this information helps

        Cheers,
        Arnold

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