Best Credit Cards With No Foreign Transaction Fees for April 2022

Best Credit Cards With No Foreign Transaction Fees for April 2022

Credit cards provide a number of benefits when traveling in foreign countries: You will avoid currency conversions, you do not need to worry about losing cash and you might even get a better exchange rate than from local banks. Also, travel credit cards can provide big rewards on purchases like hotel reservations or car rentals.

When using a credit card internationally, however, you will want to watch out for foreign transaction fees, which some credit cards charge in order to cover their cost of the conversion to US dollars. A foreign transaction fee could be a flat rate per purchase or a percentage of the total amount. The typical foreign transaction fee for most credit cards is 3%, but it can rise as high as 5%. If you're using your card for hotels, restaurants and transportation, that percentage could add up to hundreds of dollars quickly.

Luckily, a number of good credit cards charge absolutely nothing for foreign transactions a huge bonus for international travelers. Read on to learn about our top-rated partner offers for the best credit cards with no foreign transaction fees. We'll update this list periodically as credit card terms change and new cards become available.

Best overall travel card

Chase Sapphire Preferred Card

The Chase Sapphire Preferred Card is our overall top pick for the best credit card with no foreign transaction fee. It beats all the other cards reviewed for sign-up bonuses (60,000 points after spending $4,000 in the first three months, which is valued at $750 for travel booked through Chase) and travel booking flexibility. It tops the list as an excellent travel rewards credit card thanks to points that can be transferred to partner airline or hotel loyalty sites at a 1:1 ratio. Plus, booking travel through the Chase Ultimate Rewards website gets you the most mileage from your points -- up to 25% more.

Earn 5x points on travel booked through Chase Ultimate Rewards, 3x points on dining, online groceries, food delivery and select streaming services, 2x on all other travel purchases and 1x on other purchases. It's a great way to rack up points -- without worrying about foreign transaction fees -- if you travel and dine out frequently.

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