Bofa Cash Rewards Foreign Transaction Fee

That means bofa cash rewards cardholders pay an extra 3 cents per 1 on purchases from merchants based in foreign countries.

Bofa cash rewards foreign transaction fee. Foreign transaction costs rating. 5 0 1 ratings yes bank of america cash rewards does offer no foreign transaction fees. That s 150 on a 5 000 family vacation to europe for example. The bofa cash rewards foreign transaction fee can apply whether you travel to another country or you go shopping internationally through your computer.

How much does it cost to use bank of america s cash rewards overseas. The bank of america cash rewards card is not a good travel companion for the simple reason that it will overcharge you on every purchase that you make to the tune of 3. There are 9 bank of america credit cards with no foreign transaction fees including the bofa premium rewards and travel rewards cards. The bank of america foreign transaction fee is 3 or 0 of all international transactions depending on the bofa card.

Use your card to book your trip how and where you want and pay yourself back with a statement credit towards travel purchases. You are eligible to enroll in the preferred rewards program if you have an active eligible bank of america personal checking or bank of america advantage banking account and maintain a three month average combined balance in your qualifying bank of america deposit accounts and or your qualifying merrill investment accounts of at least 20 000 for the gold tier 50 000 for the platinum. Bank of america has one of the largest networks of atms with around 16 000 locations at more than 4 000 branches in the us. It allows you to choose a purchase category to earn 3 cash back with a spending cap and bofa s.

Those no foreign fee bofa cards clearly are a better choice for international spending than the ones with a 3 surcharge for everything you. Earn 3 cash back in the category of your choice 2 on dining and unlimited 1 on all other purchases with the business advantage cash rewards mastercard from bank of america. The bank of america cash rewards foreign transaction fee is 3. Earn unlimited 1 5 points for every 1 you spend on all purchases everywhere every time and no expiration on points calculate rewards travel rewards.

If you re planning on using a bank of america card while traveling abroad there are a few fees it ll really help to know about. Introductory 0 apr for your first 12 billing cycles. Bank of america international atm fees a closer look.