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Traveling out of the country for the first time ever? Well, you’d better check your wallet and find out if your current credit card waives the foreign transaction fees.
This isn’t very high on the list in terms of credit card features most consumers usually look for, and quite often it’s because we’ve just never thought about it. Without this feature though, you’re going to be in for a surprise.
When charging your credit card outside of the country, you’ll be hit with up to a 3% fee for EACH transaction! Put everything on your credit card and those fees will really add up!
The fact is, many credit cards (even a lot of the most popular ones) don’t have this feature, so you actually have put in the effort to add it to your features list when searching for a new card.
Surprisingly enough, many popular Airline, Hotel, and general Travel Rewards credit cards actually have foreign transaction fees.
See below for an up-to-date list of all the best No Foreign Transaction Fee Credit Cards, and choose one that best fits your personal needs. If none of the No Foreign Transaction Fee Credit Cards really appeal to you, I would at least go with one that doesn’t have an annual fee. That way you can always store it away, and take it out when you travel abroad.