Rewards credit cards are gaining popularity for their wide range of benefits and perks. One of the benefits of these cards includes no foreign transaction fees. Many cards charge you with some percent of the amount that you spend overseas. But with this feature you can effortlessly save your money. Since there are many credit cards in the market that offer this benefit, how will you choose the best one amongst them? So, for your convenience, we’ve come up with the best cards that offer this feature, along with excellent sign-up offers, bonus travel rewards, and much more.
Top 3 credit cards with no foreign transaction fees
- Chase Sapphire Preferred Card
With this card, you can get one of the best sign-up bonuses of 40,000 points and miles, after spending $4000 in the initial 3 months of opening your account. These points can be redeemed to Southwest, British Airways, United MileagePlus, Hyatt, Marriott, Priority Club, Ritz-Carlton, Amtrak, Korean Air, etc. You can also earn a 25% discount, when you redeem your points through Chase’s online booking tool. Apart from this, the Chase Sapphire Preferred credit card provides you with 2 points per dollar on dining and travel, and one dollar on all other purchases. A great travel rewards card with no foreign transaction fees, the annual fee of this card is waived for the first year, and thereafter is $95.
- BankAmericard Travel Rewards Credit Card
BankAmericard Travel Rewards credit card is one of the best cards that do not charge any foreign transaction fees. It offers a sign up bonus of 10,000 points and miles, after you spend $500 within the first 3 days of account opening. These points can be redeemed at any hotel chain or airline, which gives you the freedom of travelling anywhere in the world. Moreover, the EMV smart chip technology, allows you to make secured transactions all over Europe. You can earn 1.5 points per dollar, with a $0 annual fee. Bank of America customers will have an edge over others with the dividend points of 10%, 25%, 50%, and 75%. You can transfer these reward points to statement credit of any travel purchase, including hotel stays, airfare, and baggage fees.
The Capital One Venture Rewards credit card comes with $0 foreign transaction fees, with other perks and benefits. After spending over $3000 (equivalent to $400 in travel) in the first 3 months, you can earn up to 40,000 miles and points with this card. Moreover, you get 2 points per dollar on all purchases. You can redeem these reward points on all travel purchases, including hotel stays and air fares, with a statement credit. Travel accident insurance and premium concierge service are some of its other travel-friendly perks.
Choose from these best travel cards and avail the benefit of no foreign transaction fees.