Does Discover Charge Foreign Transaction Fees

Confirm whether the cards you ll take abroad assess such a fee not all credit cards do.

Does discover charge foreign transaction fees. The average credit card s foreign fee is roughly 1 5. This means there are no extra charges when using the card for international purchases either in person or online. Some credit cards charge a foreign transaction fee which is a fee levied by a credit card company on a foreign transaction. This is a great feature of discover cards as a typical foreign transaction fee is 3 of a purchase.

The discover it miles foreign transaction fee is 0. Some credit card companies do not charge foreign transaction fees on any of their cards including capital one discover and usaa. Networks that process credit card payments such as visa charge a fee of around 1 of the cost of the transaction. Credit card foreign transaction fees range from 0 to 3 depending on the card and issuer.

You may want to do a little research. All discover credit cards have a 0 foreign transaction fee. For example visa and mastercard commonly charge a 1 foreign transaction fee american express charges a 2 7 fee and discover charges no foreign transaction fee. That means any discover credit card you apply for now will have no foreign transaction fee and you won t be charged extra for making purchases that are processed internationally.

You will pay no fees for purchases made internationally or in foreign currency. What does discover charge for foreign transaction fees. The discover foreign transaction fee is 0 or 0 on all cards.