My friends and family often ask me if there are credit cards out there that don’t charge foreign transaction fees, and if so, which ones should they apply for? Whenever you use your credit card oversees or make purchases online from international companies, those purchases can rack up around a 3% foreign transaction fee on your credit card. There are a bunch of really great travel reward credit cards that don’t charge you these fees and I will list a couple of really good ones that I think all frequent travelers should hold.
No Foreign Transaction Fee | Credit Cards |
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1. Chase Sapphire Preferred | |
3. American Express Platinum Card | |
4. Citi Executive AAdvantage World Elite MasterCard (100,000 point sign up offer with this link) |
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5. Chase Ink Bold & Plus Cards | |
6. Chase British Airways Visa Signature Card | |
7. United MileagePlus Explorer Card & Club Card | |
8. The Hawaiian Airlines World Elite MasterCard | |
9. Citi ThankYou Premier Card | |
10. Chase Hyatt Credit Card | |
11. Chase Priority Club Rewards Signature | |
12. Lufthansa Premier Miles & More World MasterCard | |
13. Southwest Airlines Rapid Rewards Premier Credit Card | |
14. Marriott Reward Premier Credit Card | |
15. Citi Hilton HHonors Reserve Card | |
16. Skypass (Korean Air) Visa Signature Credit Card | |
All of the cards listed above are all great travel reward credit cards that have no foreign transaction fees. These cards also offer many other perks that come with their respective reward programs. I’m personally a big fan of all of the Chase cards listed above. The Chase Sapphire Preferred and Chase Ink cards earn you the very versatile Ultimate Reward points that can be transferred to multiple airlines and hotel chains. The Chase Hyatt card gets you 2 free nights at any Hyatt hotel in the world! This includes the coveted Park Hyatts in Paris, Sydney, and Tokyo that can cost you upwards of $1,000 per night! The British Airways card, also offered by Chase, has one of my favorite award charts with a distance-based chart that can book you one-way flights for as low as 4,500 points.
I also review the Barclaycard Arrival Plus™ World Elite MasterCard® and discuss why I think it’s one of the hottest cards out on the market. I also highly recommend my readers to jump on the lucrative 100,000 point sign up bonus being offered by the Citi Executive AAdvantage World Elite MasterCard. The American Express Platinum has just upped its sign up bonus to 40,000 points and has introduced 2 new additional perks to try to make up for the loss of Admirals Club access for cardholders.
These cards are all really fantastic in their own way and will help you get that much closer to earning free travel and rewards in many great programs. And you won’t have to worry about any foreign transaction fees either.