Best No Foreign Transaction Fee Credit Cards
Best No Foreign Transaction Fee Credit Cards of October 2024
How We Review Cards
When traveling abroad, you want to minimize unnecessary costs and maximize your savings. Unfortunately, the opposite happens in reality. Making purchases from international vendors often means paying foreign transaction fees, which can dent your financial condition. Thankfully, that’s what no foreign transaction fee credit cards are for. They allow you to save money while enjoying the convenience of using your credit card on cross-border purchases. In 2024, many cards stood out, and that’s precisely what we’re discussing today.
In this guide, we’ve talked about the best no foreign transaction fee credit cards of 2024 that offer generous rewards. From travel insurance to access to exclusive events, take your pick, and you’ll be pleasantly surprised by the benefits. The credit cards we’ve picked and reviewed are based on our experts’ reviews. Since we believe in providing our readers with bias-free information, you can trust this listicle with your eyes closed.
So, take a few moments out of your busy schedule and review the cards. We hope you find one that fits your lifestyle and spending habits.
Our Top Recommendations Based on Your Preferences
Top Features of the Best No Foreign Transaction Fee Credit Cards of 2024
Capital One Venture Rewards Credit Card
Our Rating:
4.9
Rewards Rate
5 Miles
5 Miles per dollar on hotels and rental cars booked through Capital One Travel
2 Miles
2 Miles per dollar on every purchase, every day
Intro offer
Earn 75,000 + $250 in Travel Credit
Annual fee
$95
Regular APR
19.99% - 29.99% variable
at Capital One's secure site
Recommended credit
670-850 (Good to Excellent)
Highlights
- Earn 2 miles per dollar on every purchase, with no categories to track.
- Receive a substantial bonus of miles after meeting the minimum spending requirement.
- Redeem miles for travel, including flights, hotels, and car rentals.
- Get a statement credit for Global Entry or TSA PreCheck application fees.
- Avoid extra charges on international purchases.
Chase Sapphire Preferred Card
Our Rating:
4.9
Rewards Rate
5x
5x on travel purchased through Chase Travel℠.
3x
3x on dining, select streaming services and online groceries.
2x
2x on all other travel purchases.
1x
1x on all other purchases.
Intro offer
60,000 bonus points
Annual fee
$95
Regular APR
21.49% - 28.49% variable
at Chase's secure site
Recommended credit
670-850 (Good to Excellent)
Highlights
- Earn a significant bonus after meeting the initial spending requirement.
- Points are worth 25% more when redeemed for travel through Chase Ultimate Rewards.
- Earn 2x points on travel and dining and 1 point per dollar on all other purchases.
- Get primary rental car insurance coverage and travel protection benefits.
- No foreign transaction fees on international purchases.
Bank of America® Travel Rewards credit card
Our Rating:
4.1
Rewards Rate
1.5X
Earn unlimited 1.5 points per $1 spent on all purchases, with no annual fee and no foreign transaction fees and your points don't expire as long as your account remains open.
Intro offer
25,000 points
Annual fee
$0
Regular APR
19.24% - 29.24% Variable APR on purchases and balance transfers
at Bank of America's secure site
Recommended credit
670-850 (Good to Excellent)
Highlights
- Earn 1.5 points per dollar on every purchase with no annual fee.
- Points can be redeemed for travel, cash back, or gift cards.
- No foreign transaction fees on international purchases.
- Includes travel and emergency assistance services.
- Access to travel and purchase protection benefits.
Capital One VentureOne Rewards Credit Card
Our Rating:
4.1
Rewards Rate
5 Miles
5 Miles per dollar on hotels and rental cars booked through Capital One Travel
1.25 Miles
1.25 Miles per dollar on every purchase, every day
Intro offer
20,000 miles
Annual fee
$0
Regular APR
19.99% - 29.99% variable
at Capital One's secure site
Recommended credit
670-850 (Good to Excellent)
Highlights
- Earn 1.25 miles per dollar on every purchase, with no annual fee.
- Redeem miles for travel, cash back, or gift cards.
- No foreign transaction fees on international purchases.
- Includes travel and purchase protection benefits.
- Enjoy a simple reward structure with no annual fee.
Capital One Quicksilver Cash Rewards Credit Card
Our Rating:
3.7
Rewards Rate
5%
Earn unlimited 5% cash back on hotels and rental cars booked through Capital One Travel, where you'll get Capital One's best prices on thousands of trip options. Terms apply
1.5%
Earn unlimited 1.5% cash back on every purchase, every day
Intro offer
$200
Annual fee
$0
Regular APR
19.99% - 29.99% variable
at Capital One's secure site
Recommended credit
670-850 (Good to Excellent)
Highlights
- Earn 1.5% cash back on every purchase with no annual fee.
- Redeem cash back for statement credits, gift cards, or direct deposit.
- No foreign transaction fees on international purchases.
- Includes travel and purchase protection benefits.
- Simple reward structure with no rotating categories.
Discover it® Cash Back
Our Rating:
4.6
Rewards Rate
5%
Earn 5% cash back on everyday purchases at different places you shop each quarter like grocery stores, restaurants, gas stations, and more, up to the quarterly maximum when you activate.
1%
Plus, earn unlimited 1% cash back on all other purchases - automatically.
Intro offer
Cashback Match
Annual fee
$0
Regular APR
18.24% - 28.24% variable
at Discover's secure site
Recommended credit
670-850 (Good to Excellent)
Highlights
- Earn 5% cash back on rotating bonus categories each quarter (activation required).
- Earn 1% cash back on all other purchases.
- Redeem cash back for statement credits, gift cards, or direct deposit.
- No foreign transaction fees on international purchases.
- Includes travel and purchase protection benefits.
Chase Sapphire Reserve®
Our Rating:
5.0
Rewards Rate
10X
Earn 10x total points on hotels and car rentals when you purchase travel through Chase Travel℠.
5X
Earn 5x total points on flights through Chase Travel℠.
3X
Earn 3x points on other travel and dining.
1X
Earn 1 point per $1 spent on all other purchases.
Intro offer
60,000 bonus points
Annual fee
$550
Regular APR
22.49% - 29.49% variable
at Chase's secure site
Recommended credit
740-850 (Excellent)
Highlights
- Earn 3x points on travel immediately after earning your $300 annual travel credit.
- Earn 3x points on dining and 1 point per dollar on all other purchases.
- Points are worth 50% more when redeemed for travel through Chase Ultimate Rewards.
- Receive a $300 annual travel credit and access to Priority Pass lounges.
- No foreign transaction fees on international purchases.
The Platinum Card® from American Express
Our Rating:
4.8
Rewards Rate
5X
Earn 5X Membership Rewards® Points for flights booked directly with airlines or with American Express Travel up to $500,000 on these purchases per calendar year.
5X
Earn 5X Membership Rewards® Points on prepaid hotels booked with American Express Travel.
Intro offer
Earn 80,000 points
Annual fee
$695
Regular APR
See Pay Over Time APR
at American Express's secure site
Recommended credit
670-850 (Good to Excellent)
Highlights
- Earn 5x points on flights booked directly with airlines or on Amex Travel.
- Earn 5x points on prepaid hotels booked on Amex Travel.
- Access to over 1,200 airport lounges worldwide.
- Receive up to $200 in annual airline fee credits.
- No foreign transaction fees on international purchases.
Capital One Venture X Rewards Credit Card
Our Rating:
5.0
Rewards Rate
10 Miles
10 Miles per dollar on hotels and rental cars booked through Capital One Travel
5 Miles
5 Miles per dollar on flights booked through Capital One Travel
2 Miles
2 Miles per dollar on every purchase, every day
Intro offer
75,000 miles
Annual fee
$395
Regular APR
19.99% - 29.99% variable
at Capital One's secure site
Recommended credit
740-850 (Excellent)
Highlights
- Earn 2x miles on every purchase with a higher earning rate on travel booked through Capital One Travel.
- Receive up to $300 in annual statement credits for bookings through Capital One Travel.
- Access to airport lounges through Priority Pass and Capital One lounges.
- Earn 10,000 bonus miles after spending $1,000 on purchases in the first 3 months.
- No foreign transaction fees on international purchases.
Discover it® Miles
Our Rating:
4.1
Rewards Rate
1.5X
Automatically earn unlimited 1.5x Miles on every dollar of every purchase.
Intro offer
Discover Match®
Annual fee
$0
Regular APR
18.24% - 28.24% variable
at Discover's secure site
Recommended credit
670-850 (Good to Excellent)
Highlights
- Earn 1.5 miles per dollar on every purchase with no annual fee.
- Miles can be redeemed for travel statement credits or cash back.
- No foreign transaction fees on international purchases.
- Match all miles earned at the end of your first year.
- Includes travel and purchase protection benefits.
American Express® Gold Card
Our Rating:
4.9
Rewards Rate
4X
Earn 4X Membership Rewards® points per dollar spent on purchases at restaurants worldwide, on up to $50,000 in purchases per calendar year, then 1X points for the rest of the year.
4X
Earn 4X Membership Rewards® points per dollar spent at US supermarkets, on up to $25,000 in purchases per calendar year, then 1X points for the rest of the year.
3X
Earn 3X Membership Rewards® points per dollar spent on flights booked directly with airlines or on AmexTravel.com.
2X
Earn 2X Membership Rewards® points per dollar spent on prepaid hotels and other eligible purchases booked on AmexTravel.com.
1X
Earn 1X Membership Rewards® point per dollar spent on all other eligible purchases.
Intro offer
60,000 points + earn up to $100 back
Annual fee
$325
Regular APR
See Pay Over Time APR
at American Express's secure site
Recommended credit
670-850 (Good to Excellent)
Highlights
- Earn 4x points on dining at restaurants worldwide.
- Earn 3x points on flights booked directly with airlines or on Amex Travel.
- Earn 1 point per dollar on all other purchases.
- Receive up to $120 in annual dining credits.
- No foreign transaction fees on international purchases.
Frequently Asked Questions
If you make purchases outside of your home country, you will be charged an extra amount, called a foreign transaction fee. Depending on the purchase, this fee can range between 1% and 3%. If you frequently travel, it’s best to avoid this fee, as it can add up to a hefty amount.
Typically, credit cards with no foreign transaction fee highlight and advertise this feature in their ads, terms and conditions, and other marketing materials. Either way, it is best to contact the company’s customer service team for an accurate answer.
Generally, no foreign transaction fee credit cards are catered to frequent or occasional travelers. That said, if you often shop from international online stores that operate globally, these credit cards can help you avoid the extra fees.
Our Methodology And Research
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Criteria Used
Rates and fees, rewards rates, sign-up bonuses, redemption options, credit needed, miscellaneous benefits, customer service, security, ease of application.