Zero Foreign Transaction Fee Credit Cards

We evaluated 127 popular credit cards offered by major banks financial companies and credit unions that allow anyone to join and have no foreign transaction fees to find the best of the best.

Zero foreign transaction fee credit cards. 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. There are a handful of bank of america cards that don t charge a foreign transaction fee but many that do. A 0 foreign fees credit card may have a higher apr than other types of credit cards but it will save you quite a lot in fees if you travel often and don t carry a balance on the card. Compare our hand picked best offers for credit cards with no foreign transaction fees and apply online.

Almost 70 of no foreign transaction fee cards have a minimum apr of between 15 and. Cards that waive or refund the fee for foreign currency charges are few and far between but if you re a. So while a handy figure to compare the cost of borrowing with different cards the apr doesn t tell the whole story. More than 6 in 10 credit.

Amex charges a 2 7 foreign transaction fee for personal and small business cards and a 2 5 fee for corporate cards. Canada s best no foreign transaction fee credit cards. By winston sih on june 2 2020. No network fees apply.

Nearly 60 of no foreign transaction fee cards charge no annual fee or waive the annual fee for the first year. No foreign transaction fee cards tend to be a good choice for travel rewards with more than 80 earning at least 1 5 points or miles per dollar on travel purchases. No network fees apply. Credit cards with 0 foreign transaction fees can help international travelers save big.

No foreign transaction fee credit cards represent 25 of the credit card offers available in 2020.