Best No Foreign Transaction Fee Credit Card Canada

Read in depth card description the scotiabank passport visa infinite was the first credit card from one of canada s big banks with no foreign transaction fees.

Best no foreign transaction fee credit card canada. Best no foreign exchange fee credit card in canada. The good news is there are a few credit cards that offer no foreign transaction fees or return the fees to you as cash back ultimately helping frequent travellers put the 2 5 back into their. When you spend 1 000 on the credit card within the first three months of ownership you ll earn 40 000 bonus points worth about 400. Avoid this charge by using a credit card that waives or subsidizes foreign transaction fees.

The scotiabank gold american express card is a great flexible rewards card that can give you fantastic value on travel while also saving you on the foreign transaction fees when you get there. Combined with its welcome offer of 30 000 bonus points for new scotiabank cardholders and six free visits per year to priority pass airport lounges this card is a great choice for an all in one travel card. Amazing welcome offer. See the full list of no foreign transaction fee credit card canada on this review.

Check out 2020 s top 5 no fx credit cards here. Most canadian credit cards will charge a 2 5 3 foreign transaction fee on purchases made in a foreign currency. Unfortunately those cards have done a disappearing act. Given that 99 of canadian credit cards charge this fee it may surprise you that a few cards used to exist that charged absolutely nothing in foreign exchange fees other than the small spread the bank itself pays.