Have you ever had to pay an outrageous 3% foreign transaction fee when placing a charge on your credit card? With the best visa with no foreign transaction fees, you’ll never have to worry about this fee again.
In today’s world of globalization, there’s an increasing number of Americans traveling overseas. A recent article by the Wall Street Journal indicated that Americans made an estimated 1.4 billion trips abroad in 2013. If you are planning a trip to Europe or Asia, you need a credit card that doesn’t charge you for using it overseas.
Foreign transaction fees are just one of a number of unnecessary charges travelers and online shoppers are likely to come across. This surcharge can add up to 3 percent to the costs when making international purchases or withdrawing funds from a foreign ATM.
One of the best ways to avoid this fee is by using a rewards credit card that charges no foreign transaction fees. In addition to cutting out this fee, our top picks below come with secondary features that can make your life easier and may save you even more money. Keep reading to learn more about our best credit cards for no foreign transaction fees and for some tips on how to avoid other unnecessary fees when making international purchases.