While we work hard to provide accurate and up to date information that we think you will find relevant, Forbes Advisor does not and cannot guarantee that any information provided is complete and makes no representations or warranties in connection thereto, nor to the accuracy or applicability thereof. The compensation we receive from advertisers does not influence the recommendations or advice our editorial team provides in our articles or otherwise impact any of the editorial content on Forbes Advisor. Second, we also include links to advertisers’ offers in some of our articles these “affiliate links” may generate income for our site when you click on them. This site does not include all companies or products available within the market. The compensation we receive for those placements affects how and where advertisers’ offers appear on the site. First, we provide paid placements to advertisers to present their offers. ![]() This compensation comes from two main sources. To help support our reporting work, and to continue our ability to provide this content for free to our readers, we receive compensation from the companies that advertise on the Forbes Advisor site. ![]() The Forbes Advisor editorial team is independent and objective. Credit cards provide fraud protections that you simply won’t get from cash or a debit card. These options are all less secure than using a credit card, so we recommend applying for a no foreign transaction fee credit card instead. If you work with your bank to acquire the currency you need for your trip, you can avoid the often sky-high fees that you’ll find with international ATMs or airport currency exchanges. When going on a trip, exchange your cash for local currency before leaving the U.S. As an example, some checking accounts and debit cards tout waived foreign transaction fees.Īnd, of course, you can use cash. While using the right credit card is far and away the easiest method of avoiding foreign transaction fees, there are other ways to go about it. Read our post on how to choose the best second credit card for practical advice about attributes to look for when selecting a credit card. You’ll only need fair credit to qualify, and it provides an above-average earning rate for common expenses like dining, grocery stores, gas stations and streaming services. Bank Altitude® Go Visa® Secured Card * could be a perfect fit. Are you just starting your credit journey and want a card that you can take with you internationally? The U.S.This no annual fee credit card offers an incredible return on everyday spending and is less geared toward travel. Are you less interested in globetrotting and simply find yourself frequently making purchases from foreign merchants online? You may do better with a credit card such as the Capital One SavorOne Cash Rewards Credit Card.Are you trying to avoid foreign transaction fees because you want to travel overseas? Visa Infinite cards like the Chase Sapphire Reserve® and the Capital One Venture X Rewards Credit Card¹ offer additional perks like top-notch travel insurance, annual travel statement credits, airport lounge access and lots more.Loads of cards waive these fees-so what else is important to you? To choose the best no foreign transaction fee credit card for your lifestyle, you need to assess your goals beyond this single benefit. How To Choose the Best No Foreign Transaction Fee Credit Card Whatever your circumstance, there’s bound to be a no foreign transaction fee credit card suited for you. But there are also plenty of non-travel credit cards that waive foreign transaction fees-even some that don’t charge an annual fee, such as the Capital One Quicksilver Student Cash Rewards Credit Card. These are all travel credit cards built to be solid companions when traveling outside the U.S. Here are a few of our top no foreign transaction fee credit cards: The card automatically eats the fee for you, so it never even appears on your bill. You’re free to use them abroad (or with foreign merchants), and you’ll only be charged for what you buy. Many credit cards come with a built-in benefit that will protect you from foreign transaction fees. What Are No Foreign Transaction Fee Cards? ![]() Purchasing airfare for a family of four could quite easily incur over $100 in foreign transaction fees. A common fee is 3%-which, when you’re making a purchase of considerable size (like airfare), can result in an eye-popping expense. ![]() No matter the situation, you won’t have to worry about paying pesky foreign transaction fees when you’re using a card that waives them.
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