No Foreign Transaction Fee Credit Cards

How to Choose the Best Credit Card with No Foreign Transaction Fee

Most credit cards have a foreign transaction fee of about 3%. If you travel internationally with a no foreign transaction fee credit card, you'll save money on foreign purchases.

Plus, using a credit card that doesn’t have a foreign transaction fee is usually cheaper than using the currency conversion services at retail stores, banks and airports. Networks like Visa and MasterCard usually use the wholesale market rate or the government-mandated rate.

Keep in mind, what's popular in the US is not necessarily the same worldwide.

Travel to Europe

For travelers to Europe, using a credit card with a smart chip is wise.

Our favorites:

British Airways Visa Signature Card® You will get 50,000 bonus Avios after your first purchase 25,000 bonus Avios after you make $10,000 in purchases within the first year of account opening Plus an additional 25,000 bonus Avios after you make an additional $10,000 in purchases within the first year of account opening That's enough Avios for one roundtrip business class reward ticket New: Smart Chip Technology allows you to use your card for chip based purchases in Europe & beyond, while still giving you the ability to use your card as you do today at home Pay no foreign transaction fees when you travel abroad Earn 2.5 Avios for every $1 spent on British Airways purchases Earn 1.25 Avios for every $1 spent on all other purchases Every year you spend $30,000 on your British Airways Visa card, you'll earn a Travel Together Ticket good for two years Intro APR for Purchases Intro APR for Balance Transfer APR as low as Annual Fee - - 15.24% (Variable) $95

Hyatt Credit Card Begin with 2 Award Nights at Hyatt properties worldwide, after making your first purchase with the Hyatt Credit Card Receive 1 Anniversary Award Night each year in category 1-4 properties No foreign transaction fees and Smart Chip protection on international purchases 3 Hyatt Gold Passport points for every $1 spent with your Hyatt Card at all Hyatt properties 1 Hyatt Gold Passport point for every $1 spent on purchases elsewhere There are no limits to the points you can earn Award nights with no resort, Internet or redemption fees Intro APR for Purchases Intro APR for Balance Transfer APR as low as Annual Fee - - 15.24% (Variable) $75

Travel to China

Did you know that China UnionPay is the largest payment scheme worldwide, appearing on 3 out of every 10 cards?

Luckily for travelers to China, Discover has a partnership with China UnionPay to provide access to "all ATMs and electronic payment merchants in Mainland China." Plus, all Discover credit cards have no foreign transaction fees.

Miles by Discover® Card Earn 10,000 Bonus Miles with every $2,000 in purchases within the first 6 months – up to 20,000 Bonus Miles 1 Mile on every $1 you spend - Plus flexible redemption options like travel credits, merchandise, gift cards or cash 0% intro APR on balance transfers for 12 months, then the variable purchase APR of 10.99% - 15.99%* No restrictions on travel--fly on any airline, book any hotel or car, with no blackout dates Travel benefits include secondary collision damage insurance when you rent a car with your Miles by Discover card Discover is ranked #1 in customer loyalty--16 years in a row! (2012 Brand Keys Customer Loyalty Engagement Index report) Great rewards with no annual fee, no rewards redemption fee, and no additional card fee *Click apply to view rates, fees, rewards, limitations and other important information Intro APR for Purchases Intro APR for Balance Transfer APR as low as Annual Fee - 0% for 12 months 10.99% - 15.99% (Variable) $0

Travel to Japan

For travelers to Japan, you'll see the JCB network almost everywhere. Discover has a partnership with JCB to honor "Discover on its network of over 1 million Japanese merchants and ATMs." And remember, all Discover credit cards have no foreign transaction fees.

Escape by Discover® Card Earn up to $250 in travel rewards - 1,000 Bonus miles every month you make a purchase for the first 25 months Double Miles on every $1 you spend 0% intro APR on purchases and balance transfers for 6 months, then the variable APR of 10.99% - 16.99%* No restrictions on travel - fly on any airline, book any hotel or car, with no blackout dates Flexible redemption options like travel credits, merchandise, gift cards or cash Travel Insurance benefits, including primary car rental, lost or damaged luggage, travel delay, and trip cancellation when you book with your Escape by Discover card Discover is ranked #1 in customer loyalty--16 years in a row! (2012 Brand Keys Customer Loyalty Engagement Index report) *Click apply to view rates, fees, rewards, limitations and other important information Intro APR for Purchases Intro APR for Balance Transfer APR as low as Annual Fee 0% for 6 months 0% for 6 months 10.99% - 16.99% (Variable) $60

Disclaimer: This content is not provided or commissioned by Chase. Opinions expressed here are author's alone, not those of Chase, and have not been reviewed, approved or otherwise endorsed by Chase. This site may be compensated through Chase Affiliate Program.

Disclaimer: This content is not provided or commissioned by Discover. Opinions expressed here are author's alone, not those of Discover, and have not been reviewed, approved or otherwise endorsed by Discover. This site may be compensated through Discover Affiliate Program.