Best Credit Cards with No Foreign Transaction Fees? Traveling abroad can be exciting, but dealing with foreign transaction fees on your credit card can be a hassle. These fees can add up quickly, especially if you’re making multiple purchases. Luckily, many credit cards now offer rewards and come with no foreign transaction fees. Here’s a look at some of the best credit cards that can help you save money while traveling internationally.
Best Credit Cards with No Foreign Transaction Fees
1. Chase Sapphire Preferred® Card
The Chase Sapphire Preferred® Card is a top choice for travelers. It offers a generous sign-up bonus and a range of rewards. You earn 2x points on travel and dining at restaurants. For other purchases, you get 1 point per dollar spent.
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One of its biggest advantages is that it has no foreign transaction fees. This means you can use your card abroad without worrying about extra charges. The points you earn can be redeemed for travel, cash back, or gift cards.
The card also offers travel insurance and purchase protection, which can be valuable when traveling.
2. Capital One Venture Rewards Credit Card
The Capital One Venture Rewards Credit Card is another great option. It provides 2x miles on every purchase. This flat-rate rewards system makes it easy to earn miles, no matter where you spend.
There are no foreign transaction fees with this card. Plus, you get a substantial sign-up bonus if you meet the spending requirement within the first few months.
The miles you earn can be used to erase travel purchases or book new travel through Capital One’s travel portal. The card also comes with travel accident insurance and 24-hour travel assistance services.
3. American Express® Gold Card
The American Express® Gold Card is a popular choice among foodies and travelers. It earns 3x points on dining at restaurants, including takeout and delivery. You also earn 3x points on flights booked directly with airlines or on amextravel.com. For other purchases, you get 1 point per dollar spent.
Although it has no foreign transaction fees, it does have an annual fee. However, many users find that the rewards and benefits justify the cost. The card also includes dining credits and travel protections that can be beneficial when abroad.
4. Citi Premier® Card
The Citi Premier® Card offers a strong rewards program with no foreign transaction fees. You earn 3x points on air travel, hotels, and restaurants. For other purchases, you get 1 point per dollar spent.
This card also comes with a sign-up bonus and the ability to transfer points to various airline and hotel loyalty programs. It has travel insurance and other benefits that can be useful when you’re traveling internationally.
5. Discover it® Miles
The Discover it® Miles card is unique because it has no annual fee and no foreign transaction fees. You earn 1.5x miles on every purchase. At the end of your first year, Discover will match all the miles you’ve earned, making it a great card for earning rewards.
The card also includes benefits like travel accident insurance and 24/7 customer service. The miles can be redeemed for travel purchases or as a statement credit.
6. Chase Sapphire Reserve® Card
The Chase Sapphire Reserve® Card is a premium option with high rewards potential. You earn 3x points on travel and dining, and 1 point on other purchases. It also comes with a large sign-up bonus if you meet the spending requirements.
This card has no foreign transaction fees and offers a range of travel benefits, including access to airport lounges, travel insurance, and a $300 annual travel credit. The points you earn can be redeemed through the Chase Ultimate Rewards® program for travel, cash back, or other rewards.
7. Bank of America® Travel Rewards Credit Card
The Bank of America® Travel Rewards Credit Card is a solid choice for those who want to earn rewards without paying an annual fee. You earn 1.5 points per dollar on all purchases. There is no foreign transaction fee, making it a good option for international travel.
The card also offers a sign-up bonus if you meet the spending requirement within the first 90 days. You can redeem your points for travel expenses or as a statement credit.
Conclusion on Best Credit Cards with No Foreign Transaction Fees
Choosing a credit card with no foreign transaction fees can save you money while traveling abroad. The cards listed above offer a range of rewards and benefits, making them great options for travelers. When selecting a card, consider factors such as rewards rate, annual fees, and additional travel benefits.
Whether you prefer earning points, miles, or cash back, there is a card out there that fits your needs. Be sure to review each card’s terms and conditions to find the best fit for your travel and spending habits. With the right card in hand, you can enjoy your travels without worrying about extra fees.
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