Best No Foreign Transaction Fee Credit Cards

FAQs About No Foreign Transaction Fee Credit Cards

What is a foreign transaction fee?

A foreign transaction fee is an extra charge (usually around 3%) applied to purchases made outside the U.S. or with non-U.S. merchants. It can apply even if the purchase is in U.S. dollars but processed abroad.

Why choose a card with no foreign transaction fees?

Cards with no foreign transaction fees help you save money while traveling internationally or shopping online from foreign retailers. These savings can add up significantly, especially for frequent travelers.

Are no foreign transaction fee cards only for travel?

Not at all. While ideal for travelers, these cards also benefit anyone who regularly shops on international websites or pays for services in foreign currencies, even from home.

Do no foreign fee cards still earn rewards abroad?

Yes. Most continue to earn points, miles, or cash back on international purchases. Some even offer higher reward rates on travel or dining spent abroad, depending on the card’s structure.

Do all travel credit cards waive foreign transaction fees?

No. While many premium travel cards exclude foreign transaction fees, not all do—especially entry-level cards. Always double-check this detail before applying or using a card overseas.

Can I use a no foreign fee card anywhere in the world?

Most major networks like Visa and Mastercard are widely accepted globally. However, acceptance of American Express and Discover varies by country, so it’s wise to carry a backup just in case.