Lowest credit card transaction fees
Capital One and Discover are the best no international transaction fee credit cards, and in the recent past, others have come up with a number of new offers that don't have such charges. Zero foreign transaction fee credit card helps you save money while touring.
By using one of these credit cards with no foreign transaction fee, you’ll not only evade international charges, but also save at least 6.41% on money exchange, as Visa and MasterCard habitually provide conversion rates that are lesser than you’d get via a local bank or an airport vendor.
Just ensure to notify your credit card issuer regarding your travel plans in order to avert card use from being postponed due to scam concerns. With the non-foreign transaction fee credit cards, you can spend overseas without worrying about the foreign transaction fees that are often incorporated on other cards. Which credit card has no foreign transaction and what is foreign transaction fee on credit cards?
Non-foreign transaction fee credit cards
Premier Rewards Gold Card from American Express
Get 25,000 Membership Rewards Points after you expend $2,000 on acquisitions in the first quarter of Card Membership. 3X points for air travel booked directly with airlines. 2X points at US eateries, US fuel stations, and US stores, 1X points on other acquisitions, when you use your Premier Rewards Gold Card, no paying for foreign currency on credit card. There is a $0 initial annual fee for the first year then $195.
BankAmericard Travel Rewards Credit Card
Receive unrestricted 1.5 points per $1 spent on all acquisitions, with no annual fee and no foreign transaction fees. 20,000 virtual bonus points if you make $1,000 in acquisitions in the first 90 days which can be credited to travel acquisitions. Comes with chip technology for heightened security and protection at chip-enabled termini. 0% Introductory APR for acquisitions, then 15.24% - 23.24% Flexible APR.
Chase Sapphire Preferred Card
Make 50,000 bonus points after you expend $4,000 on acquisitions in the first quarter from account opening. 2X points on tourism and partaking at eateries globally & 1 point per dollar expended on all other acquisitions. Earn 5,000 bonus points after you add an authorized user and make an acquisition in the first quarter from account opening. No foreign transaction fees. Acquire 25% more value when you redeem for guesthouses, car hires and voyages through Chase Ultimate Rewards.
Capital One Venture Rewards Credit Card
Relish bonus of 40,000 miles once you expend $3,000 on acquisitions within a quarter of approval, equivalent to $400 in tourism. Receive unrestricted 2X miles per dollar on every acquisition daily. Travel when you want with no suppression dates. No foreign transaction fees, $0 initial yearly fee for the foremost year $59 afterwards.
Capital One Quicksilver Cash Rewards Credit Card
Originates with an excellent 0% APR period and a reasonable cash back sign-up plus: One-time $100 cash bonus after you spend $500 on acquisitions within 3 months of endorsement. You could acquire your cash back prizes as a check or statement credit. Between cash back cards including no foreign transaction fees, it proposes the best rewards and benefits and is widely accepted overseas.
Barclaycard Arrival Plus World Elite MasterCard
By means of the chip-and-PIN-enabled Barclaycard Arrival Plus World Elite MasterCard, you’ll be able to pay by card just about anywhere abroad also at car park meters, toll roads and subway booths that might not accept chip-and-signature cards. Surrounded by cards in the U.S. with chip-and-PIN competence, it also claims the biggest sign-up bonus: Receive 50,000 extra miles after you expend $3,000 on acquisitions in the first 90 days that's sufficient to redeem for a $500 travel statement credit. You receive 2 miles per dollar spent on all acquisitions, and get a 5% bonus toward your next reclamation when you exchange. Miles can be converted as a credit against travel acquisitions therefore you only need to reserve your travel, recompense with the card and then claim your credit.
Get one of these cards and be assured of easy and cheap spending while away from home.