best travel cards with no foreign transaction fees

Best cards with no foreign transaction fees of May 2024

If you’re traveling abroad, don’t forget to double-check that you’ve got a no-foreign-transaction-fee credit card in your wallet. These cards are excellent for frequent and occasional travelers alike since fees are one less thing you have to worry about every time you make a purchase.

Plus, there are plenty of great credit card options that waive these fees and earn rewards like cash back, points and miles you can use in the future. Some even carry no annual fee. To help you narrow down your choices and find the card that suits you best, check out this roundup of some top cards from our partners with no foreign transaction fees, picked by TPG’s expert editorial team.

• Chase Sapphire Preferred® Card : Best for total value
• Capital One SavorOne Cash Rewards Credit Card : Best for entertainment spending
• Ink Business Preferred® Credit Card : Best for bonus earning
• The Platinum Card® from American Express : Best for luxury perks
• Capital One Venture Rewards Credit Card : Best for flat-rate earning
• Chase Sapphire Reserve® : Best for travel
• Alaska Airlines Visa Signature® credit card : Best for airline miles

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The Chase Sapphire Preferred® Card is one of the most popular travel rewards credit card on the market. Offering an excellent return on travel and dining purchases, the card packs a ton of value that easily offsets its $95 annual fee. Cardholders can redeem points at 1.25 cents each for travel booked through Chase or transfer points to one of Chase’s 14 valuable airline and hotel partners. Read our full  review of the Chase Sapphire Preferred Card .

• Premium travel protection benefits including trip cancellation insurance, primary car rental insurance and lost luggage insurance.
• You’ll earn 5 points per dollar on travel purchased through Chase Travel, 3 points per dollar on dining, select streaming services and online grocery store purchases, 2 points per dollar on all other travel and 1 point per dollar on everything else.
• The card comes with a $95 annual fee
• Earn 75,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's over $900 when you redeem through Chase Travel℠.
• Enjoy benefits such as 5x on travel purchased through Chase Travel℠, 3x on dining, select streaming services and online groceries, 2x on all other travel purchases, 1x on all other purchases, $50 Annual Chase Travel Hotel Credit, plus more.
• Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Travel℠. For example, 75,000 points are worth $937.50 toward travel.
• Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
• Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2024.
• Member FDIC

Capital One SavorOne Cash Rewards Credit Card

The Capital One SavorOne is a great cash back credit card for beginners looking for a solid rewards structure and no annual fee. Dining, entertainment and groceries are high-value bonus categories, and it’s rare for a card to hit all three. Read our full  review of the Capital One SavorOne Cash Rewards Credit Card .

• Earning 3% back on dining, entertainment, popular streaming services, and at grocery stores (excluding superstores like Walmart® and Target®) is a great return for a no-annual-fee credit card
• This card is great for beginners.
• The intro APR offer that comes with this card makes it a solid choice for those looking to finance a large purchase. You’ll get 0% intro APR on purchases and balance transfers for the first 15 months (19.99% - 29.99% variable APR after, there's a 3% balance transfer fee for the first 15 months or 4% at the promotional APR offered at any other time).
• If you spend a lot on dining and entertainment each year, there are cards that provide better value with higher rewards potential.
• The sign-up bonus isn’t anything to write home about (though it is easy to earn).
• Earn a one-time $200 cash bonus after you spend $500 on purchases within the first 3 months from account opening
• Earn unlimited 3% cash back on dining, entertainment, popular streaming services and at grocery stores (excluding superstores like Walmart® and Target®), plus 1% on all other purchases
• Earn 10% cash back on purchases made through Uber & Uber Eats, plus complimentary Uber One membership statement credits through 11/14/2024
• Earn 8% cash back on Capital One Entertainment purchases
• 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
• No rotating categories or sign-ups needed to earn cash rewards; plus cash back won't expire for the life of the account and there's no limit to how much you can earn
• 0% intro APR on purchases and balance transfers for 15 months; 19.99% - 29.99% variable APR after that; balance transfer fee applies
• No foreign transaction fee
• No annual fee

Ink Business Preferred® Credit Card

The Ink Business Preferred Credit Card’s sign-up bonus is among the highest we’ve seen from Chase. Plus earn points across the four bonus categories (travel, shipping, advertising and telecommunication providers) that are most popular with businesses. The card comes with travel protections, shopping protections and will also have primary coverage when renting a car for business purposes for you and your employees. Read our full  review of the Ink Business Preferred Credit Card .

• One of the highest sign-up bonuses we’ve seen — 100,000 bonus points after $8,000 worth of spend in the first three months after card opening.
• Access to the Chase Ultimate Rewards portal for points redemption.
• Reasonable $95 annual fee.
• Bonus categories that are most relevant to business owners; primary car insurance.
• Perks including cellphone and purchase protection; extended warranty; trip cancellation/interruption insurance; trip delay reimbursement.
• High spending needed to get 100,000-point sign-up bonus.
• No travel perks.
• Subject to Chase's 5/24 rule on card applications.
• Earn 100k bonus points after you spend $8,000 on purchases in the first 3 months from account opening. That's $1,000 cash back or $1,250 toward travel when redeemed through Chase Travel℠
• Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year. Earn 1 point per $1 on all other purchases
• Round-the-clock monitoring for unusual credit card purchases
• With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
• Redeem points for cash back, gift cards, travel and more - your points don't expire as long as your account is open
• Points are worth 25% more when you redeem for travel through Chase Travel℠
• Purchase Protection covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account.

The Platinum Card® from American Express

The Amex Platinum is unmatched when it comes to travel perks and benefits. If lounge access, hotel elite status and annual statement credits are important to you, this card is well worth the high annual fee. Read our full  review of the Platinum Card from American Express .

• The current welcome offer on this card is quite lucrative. TPG values it at $1,600.
• This card comes with a long list of benefits, including access to Centurion Lounges, complimentary elite status with Hilton and Marriott, and at least $500 in assorted annual statement credits and so much more (enrollment required)
• The Amex Platinum comes with access to a premium concierge service that can help you with everything from booking hard-to-get reservations to finding destination guides to help you plan out your next getaway
• The $695 annual fee is only worth it if you’re taking full advantage of the card’s benefits. Seldom travelers may not get enough value to warrant the cost.
• Outside of the current welcome bonus, you’re only earning bonus rewards on specific airfare and hotel purchases, so it’s not a great card for other spending categories
• The annual airline fee credit can be complicated to take advantage of compared to the broader travel credits offered by competing premium cards
• Earn 80,000 Membership Rewards® Points after you spend $8,000 on purchases on your new Card in your first 6 months of Card Membership. Apply and select your preferred metal Card design: classic Platinum Card®, Platinum x Kehinde Wiley, or Platinum x Julie Mehretu.
• 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 and earn 5X Membership Rewards® Points on prepaid hotels booked with American Express Travel.
• $200 Hotel Credit: Get up to $200 back in statement credits each year on prepaid Fine Hotels + Resorts® or The Hotel Collection bookings with American Express Travel when you pay with your Platinum Card®. The Hotel Collection requires a minimum two-night stay.
• $240 Digital Entertainment Credit: Get up to $20 back in statement credits each month on eligible purchases made with your Platinum Card® on one or more of the following: Disney+, a Disney Bundle, ESPN+, Hulu, The New York Times, Peacock, and The Wall Street Journal. Enrollment required.
• $155 Walmart+ Credit: Cover the cost of a $12.95 monthly Walmart+ membership (subject to auto-renewal) with a statement credit after you pay for Walmart+ each month with your Platinum Card®. Cost includes $12.95 plus applicable local sales tax. Plus Up Benefits are excluded.
• $200 Airline Fee Credit: Select one qualifying airline and then receive up to $200 in statement credits per calendar year when incidental fees are charged by the airline to your Platinum Card®.
• $200 Uber Cash: Enjoy Uber VIP status and up to $200 in Uber savings on rides or eats orders in the US annually. Uber Cash and Uber VIP status is available to Basic Card Member only. Terms Apply.
• $300 Equinox Credit: Get up to $300 back in statement credits per calendar year on an Equinox membership, or an Equinox club membership (subject to auto-renewal) when you pay with your Platinum Card®. Enrollment required. Visit https://platinum.equinox.com/ to enroll.
• $189 CLEAR® Plus Credit: Breeze through security with CLEAR Plus at 100+ airports, stadiums, and entertainment venues nationwide and get up to $189 back per calendar year on your Membership (subject to auto-renewal) when you use your Platinum Card®. Learn more.
• $100 Global Entry Credit: Receive either a $100 statement credit every 4 years for a Global Entry application fee or a statement credit up to $85 every 4.5 years for a TSA PreCheck® (through a TSA official enrollment provider) application fee, when charged to your Platinum Card®. Card Members approved for Global Entry will also receive access to TSA PreCheck at no additional cost.
• Shop Saks with Platinum: Get up to $100 in statement credits annually for purchases in Saks Fifth Avenue stores or at saks.com on your Platinum Card®. That's up to $50 in statement credits semi-annually. Enrollment required.
• $300 SoulCycle At-Home Bike Credit: Get a $300 statement credit for the purchase of a SoulCycle at-home bike with your Platinum Card®. An Equinox+ subscription is required to purchase a SoulCycle at-home bike and access SoulCycle content. Must charge full price of bike in one transaction. Shipping available in the contiguous U.S. only. Enrollment Required.
• Unlock access to exclusive reservations and special dining experiences with Global Dining Access by Resy when you add your Platinum Card® to your Resy profile.
• $695 annual fee.
• Terms Apply.

Capital One Venture Rewards Credit Card

When it comes to simplicity and strong rewards, the Capital One Venture Rewards Credit Card is a solid choice for most travelers. You’ll earn 2 miles per dollar on every purchase with no bonus categories to memorize, making it an ideal card for those with busy lives. Read our full  review of the Capital One Venture Rewards Credit Card .

• This flexible rewards card delivers a solid sign-up bonus of 75,000 miles, valued by TPG at $1,388.
• You'll earn 2 miles per dollar on every purchase, which means you won't have to worry about memorizing bonus categories.
• Rewards earned are versatile as they can be redeemed for any hotel or airline purchase for a statement credit or transferred to 15+ travel partners.
• Transfer ratios to a couple of partners are mediocre at less than 1:1 ratio
• Capital One airline partners do not include any large U.S. airlines
• Enjoy a one-time bonus of 75,000 miles once you spend $4,000 on purchases within 3 months from account opening, equal to $750 in travel
• Earn unlimited 2X miles on every purchase, every day
• Earn 5X miles on hotels and rental cars booked through Capital One Travel, where you'll get Capital One's best prices on thousands of trip options
• Miles won't expire for the life of the account and there's no limit to how many you can earn
• Receive up to a $100 credit for Global Entry or TSA PreCheck®
• Use your miles to get reimbursed for any travel purchase—or redeem by booking a trip through Capital One Travel
• Enrich every hotel stay from the Lifestyle Collection with a suite of cardholder benefits, like a $50 experience credit, room upgrades, and more
• Transfer your miles to your choice of 15+ travel loyalty programs

Chase Sapphire Reserve®

The Chase Sapphire Reserve is one of our top premium travel cards. With a $300 travel credit, generous points on dining and travel purchases and other benefits, you can get excellent value that far exceeds the annual fee on the card. Read our full  review of the Chase Sapphire Reserve .

• $300 annual travel credit as reimbursement for travel purchases charged to your card each account anniversary year
• Access to Chase Ultimate Rewards hotel and airline travel partners
• 10 points per dollar on hotels, car rentals and Chase Dining purchases through the Ultimate Rewards portal, 5 points per dollar on flights booked through the Ultimate Rewards portal, 3 points per dollar on all other travel and dining, 1 point per dollar on everything else
• 50% more value when you redeem your points for travel directly through Chase Travel
• Steep initial $550 annual fee
• May not make sense for people that don't travel frequently
• Earn 75,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,125 toward travel when you redeem through Chase Travel℠.
• $300 Annual Travel Credit as reimbursement for travel purchases charged to your card each account anniversary year.
• Earn 5x total points on flights and 10x total points on hotels and car rentals when you purchase travel through Chase Travel℠ immediately after the first $300 is spent on travel purchases annually. Earn 3x points on other travel and dining & 1 point per $1 spent on all other purchases
• Get 50% more value when you redeem your points for travel through Chase Travel℠. For example, 75,000 points are worth $1125 toward travel.
• 1:1 point transfer to leading airline and hotel loyalty programs
• Access to 1,300+ airport lounges worldwide after an easy, one-time enrollment in Priority Pass™ Select and up to $100 application fee credit every four years for Global Entry, NEXUS, or TSA PreCheck®

Alaska Airlines Visa Signature® credit card

There’s a lot to love about the Alaska Airlines Visa  credit card, in part due to its highly valuable loyalty program: Alaska Airlines MileagePlan. Whether you’re a loyal Alaska flyer or a points maximizer looking to diversify your rewards portfolio, this card has a lot to offer. For starters, you’ll receive Alaska’s Famous Companion Pass from $122($99 fare plus taxes and fees from $23) each account anniversary after spending $6,000 or more within the prior anniversary year, free checked bags for you and up to six guests on your itinerary, 20% back on in-flight purchases and more. Plus, Alaska has joined the oneworld alliance, opening up endless redemption opportunities. Read our full  review of the Alaska Airline Visa credit card .

• Free checked bag for you and up to six guests on your reservation
• Alaska discounts, including 20% back on in-flight purchases
• No foreign transaction fees
• $95 annual fee
• Limited Time Online Offer—60,000 Bonus Miles!
• Get 60,000 bonus miles plus Alaska's Famous Companion Fare™ ($99 fare plus taxes and fees from $23) with this offer. To qualify, make $3,000 or more in purchases within the first 90 days of opening your account.
• Get Alaska’s Famous Companion Fare™ ($99 fare plus taxes and fees from $23) each account anniversary after you spend $6,000 or more on purchases within the prior anniversary year. Valid on all Alaska Airlines flights booked on alaskaair.com.
• Earn unlimited 3 miles for every $1 spent on eligible Alaska Airlines purchases. Earn unlimited 2 miles for every $1 spent on eligible gas, EV charging station, cable, streaming services and local transit (including ride share) purchases. And earn unlimited 1 mile per $1 spent on all other purchases. And, your miles don’t expire on active accounts.
• Earn a 10% rewards bonus on all miles earned from card purchases if you have an eligible Bank of America® account.
• Free checked bag and enjoy priority boarding for you and up to 6 guests on the same reservation, when you pay for your flight with your card — Also available for authorized users when they book a reservation too!
• With oneworld® Alliance member airlines and Alaska’s Global Partners, Alaska has expanded their global reach to over 1,000 destinations worldwide bringing more airline partners and more ways to earn and redeem miles.
• Plus, no foreign transaction fees and a low $95 annual fee.
• This online only offer may not be available elsewhere if you leave this page. You can take advantage of this offer when you apply now.

The Chase Sapphire Preferred Card is well known within the world of travel rewards credit cards. The card offers a strong return on travel and dining purchases, an annual hotel credit and amazing travel protections — all for a low annual fee. Points can be redeemed for 1.25 cents each toward travel booked through Chase and can gain even more value when transferred to one of Chase’s airline and hotel partners.

The card is an excellent choice for those looking to earn on dining and travel at solid rates with the option of redeeming points for travel with one of Chase’s transfer partners. Card members will enjoy travel protections to help ensure their journeys go smoothly.

“The Chase Sapphire Preferred has remained a top card in my wallet for years. Between the consistently strong sign-up bonus, low annual fee and continual improvements that have been made over the years, it's hard for any other mid-tier rewards card to compare. I love that I can earn bonus rewards on travel, dining, streaming and online grocery purchases — all with just one card. Plus, Chase Ultimate Rewards points are valuable and easy to use whether you're new to points and miles or an expert.” — Madison Blancaflor , senior content operations editor

The Capital One Venture Rewards Credit Card is a great alternative. It is known for its impeccable earning hotels and rental cars booked through Capital One Travel and solid flat earning rate on everyday purchases, plus a strong welcome bonus. 

The Capital One SavorOne is a cash-back card and a great addition to a beginner’s wallet. The card offers a solid rewards structure and no annual fee (see rates and fees ). The bonus categories of dining, entertainment and groceries are easy to maximize, and it’s very rare for a card to have all three high-value bonus categories.

Individuals who don’t want to pay an annual fee but still want to earn cash back by simply using their card in the bonus-earning categories. 

The card is easy to use since it doesn’t require activating quarterly bonus-earning categories, streamlining the rewards-earning process for cardholders.

The Chase Freedom Unlimited® is a great choice for those looking for a simpler cash-back credit card with no annual fee. Cardholders earn 1.5% unlimited cash back on all purchases, which is great if you have expenses that fall outside of the SavorOne's bonus categories.

The Ink Business Preferred Credit Card’s sign-up bonus is incredibly high and something to consider when looking to open this card. The card earns bonus points across four categories (travel, shipping, advertising and telecommunication providers), which are some of the most popular for businesses. In addition, the card provides travel and shopping protections, including primary coverage for car rentals and purchase protection. 

Business owners who spend within the card’s bonus-earning categories would benefit most from this card, especially business travelers. If you already have another Chase credit card, you can also easily combine your points to maximize value and redemption opportunities. 

“I originally signed up for the Ink Business Preferred primarily for its sign-up bonus. But, over the last year, I've found myself making it my go-to card when booking travel. After all, the Ink Business Preferred earns 3 points per dollar spent on travel and provides excellent travel protections, including trip delay protection and rental car insurance.” — Katie Genter , senior writer

The Capital One Spark Miles for Business offers cardholders a flat rewards rate on all purchases, which may be useful for those who cannot utilize the Ink Business Preferred’s bonus categories.

The Amex Platinum comes with unmatched travel perks and benefits. For those looking for lounge access, hotel elite status, annual statement credits and other benefits meant to elevate your travel and lifestyle experiences, this card is well worth the high annual fee.

The Amex Platinum is perfect for frequent travelers who like to enjoy the more luxurious aspects of travel. Benefits include statement credits tailored toward flights and hotels, in addition to lifestyle-based credits for gym membership and streaming services. 

“Whilst this card has a high annual fee, it more than justifies itself for frequent travelers like me. The lounge access options that come with the Platinum are unrivaled by competitors. I put all of my flights — whether bought with cash or points — on this card to earn 5 points per dollar spent and trip protection insurance. I make sure to take full advantage of the Uber, Saks Fifth Avenue, Hulu/Disney+ and Clear Plus credits (enrollment required for select benefits). And, honestly, pulling a Platinum card out of your wallet to pay for something does feel pretty fancy.” — Matt Moffitt , senior credit cards editor

The Capital One Venture X Rewards Credit Card has a more affordable annual fee (see rates and fees ) while still offering perks that rival those of the Amex Platinum. Additionally, you’ll earn bonus rewards on purchases outside of just travel, which can be helpful if you’re hoping to apply rewards from everyday spending toward your travel experiences. 

Simplicity, strong earning potential and a low annual fee are all strengths that come to mind for this card. Travelers will enjoy earning bonus rewards on all purchases without having to memorize bonus categories, instead focusing on redeeming rewards, such as transferring miles to one of Capital One’s partners. 

Travelers interested in earning rewards in a simplified manner, especially toward travel redemptions. Rewards earned are versatile as they can be redeemed for eligible travel purchases as a statement credit or transferred to Capital One travel partners. 

“The Capital One Venture is a great card that can add value to pretty much anyone's wallet. I use it to earn 2 miles per dollar on the purchases that fall outside of my other cards' bonus categories. The annual fee is low, Capital One miles are easy to redeem and the card does come with a few nice perks — including TSA PreCheck/Global Entry application fee reimbursement.” — Madison Blancaflor , senior content operations editor

The Chase Sapphire Preferred® Card is an excellent card for those who would prefer to stay within the Chase Ultimate Rewards ecosystem. You’ll still earn generously across travel, dining and select streaming services.

The Chase Sapphire Reserve is a top premium travel card among TPG staffers and many travel aficionados. Offering a generous travel credit and bonus earnings on dining and travel purchases, this card is an easy way to build up your points balance for your next adventure. With such excellent benefits offered, the annual fee on the card is easy to justify for many travelers. 

The card is best for those who spend a lot on travel and dining. If you travel often, this card is also a must-have for its travel protections, statement credits and lounge access. 

“I've had the Sapphire Reserve for years, and it's going to stay in my wallet for the near future. I get $300 off travel every year, along with great earning rates on travel and dining (3 points per dollar) and varied travel protections that can reimburse me when things go wrong. And by leveraging other cards in the Ultimate Rewards ecosystem, I'm able to maximize the earnings across all of my purchases.” — Nick Ewen , director of content

The Platinum Card® from American Express provides additional travel and lifestyle benefits over the Chase Sapphire Reserve and is aimed toward travelers looking to upgrade their travel experiences with perks such as lounge access, automatic elite status and more.

The Alaska Airlines Visa credit card is loved by many thanks to the ability to earn miles with the airline’s highly valuable loyalty program: Alaska Airlines MileagePlan. In addition to earning coveted Alaska miles, cardholders earn Alaska’s Companion Pass, an outstanding perk for those who fly with Alaska often.

Those who are frequent flyers on Alaska Airlines benefit the most from this card because of airline-specific perks such as a free checked bag and priority boarding. The card is an excellent way to earn Alaska miles, which can redeemed for travel on Oneworld alliance airlines and other partners. 

Alaska MileagePlan miles are among the most difficult to earn within the world of credit card points and miles, so having a card that helps boost your mileage balance can provide a lot of value. 

The Capital One Venture Rewards Credit Card is a good choice for those looking to be flexible with their rewards, as Capital One miles transfer to multiple airline and hotel partners.  

Enjoy multicountry trips with ease

Jumping from country to country within different regions of the world has its complications in terms of money due to varying currencies. When a credit card charges a foreign transaction fee, it can often outweigh the potential benefits of earning rewards on those purchases abroad. However, you can travel knowing that wherever you go, you don’t have to worry about pesky foreign transaction fees charged by banks when swiping one of TPG’s best cards with no foreign transaction fees.

Check category spending restrictions

When a credit card does not charge a foreign transaction fee, you want to make sure that your travel card is earning bonus points during your travels. For example, the American Express® Gold Card earns 4 points per dollar at U.S. supermarkets only, so your supermarket purchases abroad will not earn bonus points. It’s always a good idea to check if cards in your wallet have any restrictions on earning bonus points, especially if you plan on earning those points overseas. 

Beware of dynamic currency conversion

Even if you have a card that waives foreign transaction fees, you’ll want to watch out for dynamic currency conversion . This is when a merchant in a foreign country offers to charge you in your home currency rather than the local one. For example, a shop in London might ask if you want to be charged in British pounds instead of U.S. dollars. While it may seem like a nice option, it will almost always cost you. In fact, some TPG staffers have data points with conversion rates that would’ve added more than 7% to the purchase price!

Stick to the local currency, since your card issuer will convert the transaction at the spot rate at the time of the transaction.

A foreign transaction fee is charged by your card issuer every time you swipe your card outside of the U.S. When you buy something abroad or on a non-U.S website, the cost of the purchase will likely need to be converted into U.S. dollars. This comes at a cost, which the foreign bank then passes onto the issuer, which then passes that fee onto you, the consumer.

Top credit card issuers' foreign transaction fees

While a few issuers don’t charge foreign transaction fees across any of their cards, others offer a mix of cards with foreign transaction fees and without. Here is a rundown of the standard transaction fees charged by the major U.S. credit card issuers for the cards that do have these fees. 

How to avoid foreign transaction fees

The best way to avoid foreign transaction fees is to travel with a card that doesn’t charge those fees. When applying for a card, you can check the terms and conditions for a rate table that should list any fees that the card will incur — including foreign transaction fees. 

When shopping online with retailers or travel companies based outside of the U.S. it’s also good practice to use a card that doesn’t charge these fees. Even though you may be pressing the purchase button while in the U.S., if the store or brand you’re shopping with is based abroad, that purchase may still be considered a foreign transaction, which would incur the fee.

Be especially diligent about which card you use when booking travel at hotels abroad. While Hilton and Marriott are both U.S.-based companies, many of the individual hotels within those brands are locally owned and operated and could charge a foreign transaction fee for bookings when you don’t use the right credit card.  

• 1 Annual fee An annual fee card may be well worth it if the card features benefits that are worth more than the card’s annual fee. Depending on your travel lifestyle, it might be beneficial to consider a card with an annual fee.
• 2 Welcome bonus Welcome bonuses are an important part of determining a card’s value. It is often significantly more difficult to earn as many points as a card’s welcome bonus through regular spending alone. Generally, the higher the welcome bonus is, the higher the required spend will be so make sure you can earn your card’s welcome bonus through your normal spending habits.
• 3 Bonus categories Cards on this list feature a variety of bonus categories. Choosing a card with elevated earning rates on your regular spending categories is the best way to get the most out of your card. You want to choose a card that best benefits you and your earning strategy.

What’s your favorite credit card with no foreign transaction fee — and why?

• When traveling outside the U.S., cards that waive foreign transaction fees can save you up to 5% on every purchase.
• These credit cards offer valuable rewards on your purchases — both inside and outside the U.S.
• Responsibly using a card with no foreign transaction fees can improve your credit score.
• Some cards that waive foreign transaction fees include many other valuable perks — including lounge access or statement credits for select purchases.
• If you spend beyond your means, you can harm your credit score and rack up interest charges that far outweigh the savings you get from not paying foreign transaction fees.
• Many cards that waive foreign transaction fees come with an annual fee — in some cases nearly $700.
• If you never leave the U.S. on a trip, you won’t benefit from a card with no foreign transaction fees.

These fees are charged by some card issuers every time you swipe your card outside of the U.S.

When you buy something abroad or on a non-U.S. website, the cost of the purchase will likely need to be converted into U.S. dollars. A foreign transaction fee is generally charged to mitigate the financial risks of the ever-changing foreign exchange market. Once the purchase is converted into U.S. dollars, then a foreign transaction fee is charged.

Foreign transaction fees vary for each issuer but are generally anywhere between 2% and 5%. Given that most bonus rewards categories fall into the same earning percentage, a foreign transaction fee on purchases can easily completely offset any value you’d be getting from your credit card’s rewards structure. 

You don’t have to be in another country to rack up a foreign transaction fee. If you make a payment online with a brand that isn’t based in the U.S., you might still be charged a foreign transaction fee, even if you were in the U.S. when you made the purchase. 

This can happen when you are buying from a company that is not based in the U.S., but it also happens when booking hotels abroad . Most properties within major hotel brand portfolios like Hilton or Marriott are individually owned and managed, but reservations are facilitated through a brandwide website. 

This means that while your reservation may be made on a U.S. website and you may pay in U.S. dollars, the room charges may be processed by the hotel itself through a non-U.S. bank. It’s generally hard to tell in these cases whether you’ll be charged a foreign transaction fee until after the payment is already processed. So it’s a best practice to use a card with no foreign transaction fees just in case.

If foreign transaction fees are charged on purchases made for business purposes then the fees are tax deductible, but all foreign transaction fees for personal expenses are not tax deductible. 

Foreign transaction fees are not refundable. The best way to avoid incurring these fees is to use a card that doesn’t charge a foreign transaction fee to begin with (or to use cash while abroad, but then you’ll miss out on the potential to earn rewards). 

However, there are some cards that will refund you for foreign ATM fees when traveling abroad. ATM fees are not the same thing as foreign transaction fees — ATM fees are charged by a bank when using an ATM that is not affiliated with your bank — but are an example of fees you may be charged while traveling abroad. A Schwab Bank Investor Checking account from Charles Schwab comes with a debit card that will refund any fees incurred from using ATMs while abroad. 

When applying for a new card or evaluating an existing card, look at your cardholder agreement and rates and fees page, which will highlight if the card charges foreign transaction fees or not.

There are U.S. credit card issuers that never charge foreign transaction fees, regardless of which credit card you have — most notably Capital One and Discover . 

However, even the credit card issuers who do charge foreign transaction fees across some of their cards almost always offer at least a few credit cards within their lineup that don’t charge these fees — many of which are included in this list. These cards are usually geared toward travelers and include bonus categories and benefits that are suited for those who want to make the most of their travels. 

10 Best No Foreign Transaction Fee Credit Cards of May 2024

Best no foreign transaction fee credit cards of 2024, best for restaurant and u.s. supermarket purchases: american express® gold card.

Why we chose it: If you’re a foodie who loves to travel, the American Express Gold Card is the best option for you. You earn 4X Membership Rewards points at U.S. supermarkets (on up to $25,000 per year in purchases, then 1X points) and 4X Membership Rewards points at restaurants worldwide, plus points on select travel purchases. What’s more, you can enjoy up to $120 in annual dining credit and up to $120 in annual Uber Cash (which can be used for Uber Eats orders). Read our American Express Gold Card review .

• High earning potential on U.S. supermarket and restaurant purchases 
• Valuable dining credits 
• Includes various travel and purchase protections*
• $250 annual fee
• Yearly spending cap on U.S. supermarket purchases
• Doesn’t include airport lounge access

Best for Flexible Redemption Options: Capital One Venture Rewards Credit Card

Capital one venture rewards credit card.

After spending $4,000 in first 3 months from account opening

Why we chose it: The flat 2X miles on all purchases and flexible redemption options make the Capital One Venture a popular travel card. You can redeem for travel booked through Capital One’s portal, a statement credit to cover past travel purchases, transfer partner travel, cash back, gift cards and more. Read our Capital One Venture Rewards Credit Card review .

• 2X miles on all purchases 
• Credit toward Global Entry or TSA Precheck
• Extended warranty protection
• $95 annual fee
• Few domestic transfer partners
• Cash back redemption option is lackluster

Best for Frequent Travel Abroad: The Platinum Card® from American Express

Why we chose it: If you spend more time in airports than you do at home, the American Express Platinum card will delight you with its robust airport lounge access and numerous other travel benefits. While it does have one of the highest annual fees of any credit card, in exchange you get over $1,500 in credits that can help cover the yearly cost. Read our Platinum Card from American Express review .

• High rewards rates on select travel booked through American Express Travel
• Extensive lounge access 
• Monthly and annual credits available
• $695 annual fee
• Some credits and card benefits aren’t practical for more casual travelers 
• Low rewards rate on non-travel purchases

Best for Entertainment: Capital One SavorOne Cash Rewards Credit Card

Capital one savorone cash rewards credit card.

Earn a one-time $200 cash bonus after you spend $500 on purchases within the first 3 months from account opening

Why we chose it: This Capital One card offers serious earning potential for anyone who enjoys a little (or a lot) of fun with unlimited cash back in categories like dining, grocery stores, entertainment and popular streaming services—plus bonus rewards on Uber, Uber Eats and Capital One Entertainment purchases. Read our Capital One SavorOne review .

• Unlimited cash back in popular spending categories
• Boosted rewards on select travel, Uber and entertainment purchases 
• No annual fee
• Must book through Capital One Travel for boosted rewards on hotels and car rentals 
• Not many additional card benefits

Best for Travel Overall: Chase Sapphire Reserve®

Why we chose it: The Chase Sapphire Reserve is one of the best overall travel credit cards thanks to its rewards rates, annual statement credit, airport lounge access and long list of travel insurance perks. Plus, when you redeem rewards for travel through Chase Travel, you get 50% more value for your points. Read our Chase Sapphire Reserve review .

• High rewards on travel and dining purchases
• $300 annual travel credit and Priority Pass Select lounge access
• Extensive travel protections
• High $550 annual fee
• $75 fee per authorized user
• Travel rewards kick in after first earning the $300 annual travel credit

Best for Fee-Conscious Hilton Loyalists: Hilton Honors American Express Card

Why we chose it: If you prefer staying at Hilton hotels—or could easily be swayed into staying at them—the Hilton Honors American Express card offers a way to earn rewards on Hilton purchases (plus on other popular everyday purchases) without paying an annual fee. The card also offers complimentary Hilton Honors Silver status, giving you access to a fifth night free on reward stays and more. Read our Hilton Honors American Express Card review .

• Complimentary Hilton Honors Silver status
• Bonus categories include U.S. restaurants, U.S. supermarkets and U.S. gas stations
• Lower rewards value compared to general travel cards
• No automatic Free Night Reward perk
• Few Hilton-centric benefits

Best for Rotating Bonus Categories: Discover it® Cash Back

Discover it® cash back.

Discover matches all the cash back rewards you've earned on your credit card from the day your new account is approved through your first 12 consecutive billing periods or 365 days, whichever is longer, and adds it to your rewards account within two billing periods.

Why we chose it : If you’re willing to keep track of rotating bonus categories and work within spending caps, you can see your cash back earnings soar with the Discover it® Cash Back. You earn 5% cash back on activated, rotating bonus categories each quarter (up to $1,500 in purchases, then 1%) and 1% back on everything else. Typical bonus categories include gas stations, restaurants, shopping on Amazon.com and more, though you can’t exactly plan for categories in advance—Discover releases eligible categories on a quarterly basis. Read our Discover it® Cash Back review .

• High rewards potential in rotating bonus categories 
• Unlimited Cashback Match welcome bonus
• Requires keeping up with and activating rotating categories
• Spending caps on quarterly bonus categories 
• Discover is not as widely accepted abroad compared to other issuers

Best for No Annual Fee: Wells Fargo Autograph℠ Card

Wells fargo autograph℠ card.

After spending $1,000 in purchases in the first 3 months

Why we chose it: While other cards on this list also have no annual fee, the Wells Fargo Autograph stands out for its simple but significant rewards: Earn 3X points on everyday categories like restaurants, gas, travel, transit, popular streaming services and phone plans. Read our Wells Fargo Autograph review .

• Robust rewards on everyday spending
• Cell phone protection benefit
• No transfer partner travel opportunities 
• Lacks significant card benefits 
• No introductory APR offer on balance transfers

Best for Fuss-Free Travel Rewards: Bank of America® Travel Rewards Credit Card

Bank of america® travel rewards credit card.

Why we chose it: The Bank of America Travel Rewards Credit Card takes a simple approach to earning travel rewards: Get an unlimited 1.5X points on all purchases for no annual fee. Plus, if you’re a Bank of America Preferred Rewards member, you can significantly boost your rewards by 25% to 75%.

• Unlimited 1.5X points on all purchases
• Bonus rewards (3X points) on purchases made through the Bank of America Travel Center
• No travel transfer partners
• Minimum point requirements for redemptions
• Must be a Preferred Rewards member for maximized earnings

Best for Students: Discover it® Student Cash Back

Discover it® student cash back.

Why we chose it: Students may find themselves making purchases outside of the United States when studying abroad, in which case the Discover it® Student Cash Back can help. You can avoid costly foreign transaction fees and enjoy no annual fee—ideal for student-friendly budgets—all while earning rewards in rotating bonus categories. Read our Discover it® Student Cash Back review .

• Rotating cash back bonus categories and valuable Cashback Match welcome offer
• No credit score required in application process
• Bonus categories may not be relevant to your spending each quarter

A Closer Look at the Best No Foreign Transaction Fee Cards

Best for restaurant and u.s. supermarket purchases: american express gold card.

Why we love this card: The American Express Gold Card rewards dining at restaurants and U.S. supermarket purchases with Membership Rewards points, which can be redeemed for travel through AmexTravel.com, transfer partner travel, statement credits, gift cards and more.

The up to $120 in dining credits are doled out as $10 monthly statement credits when you pay with the card at Grubhub, The Cheesecake Factory, Goldbelly, Wine.com, Milk Bar and select Shake Shack locations. Further, the up to $120 in Uber Cash annually comes in the form of $10 monthly credits for Uber Eats orders or Uber rides in the United States.

Who should have this in their wallet: If you have a passion for food (whether dining out or eating in) and your calendar is full of travel plans, you can likely benefit from the Amex Gold.

Other cards to consider: If the $250 annual fee is too high for your budget, consider the Wells Fargo Autograph. For no annual fee, the card earns 3X points on a few everyday spending categories including restaurants, travel and more.

Best for Flexible Travel Rewards: Capital One Venture Rewards Credit Card

Why we love this card: With 2X miles on every purchase (plus extra miles on hotels and rental cars booked through Capital One’s travel portal) and rewards that can be redeemed in a variety of flexible ways, the Capital One Venture is a notable travel rewards card . 

Who should have this in their wallet : Get the Venture card if you’re looking to earn a flat rate of miles on all purchases that can be used toward travel. It also works well for those who want access to a few basic perks (including a Global Entry or TSA Precheck credit) without a high annual fee. 

Other cards to consider: If you’re looking for even more rewards and want to squeeze as much value out of bonus categories as possible, consider the Chase Sapphire Preferred® Card. It also charges a $95 annual fee (with no foreign transaction fees) and earns 2X points on travel purchases within the flexible Chase Ultimate Rewards program. 

Best for Frequent Travel Abroad: The Platinum Card from American Express

Why we love this card: The Amex Platinum offers 5X points on up to $500,000 spent each calendar year on flights booked directly with airlines or with AmexTravel.com and 5X points on eligible prepaid hotels booked through AmexTravel.com. Combined with its helpful travel perks like global airport lounge access and statement credits related to airport travel, the Amex Platinum is ideal for those who plan on jet-setting their way across the globe.

Who should have this in their wallet: World travelers will benefit the most from the airport lounge access, extensive travel and purchase protections* and long list of credits and annual reimbursements. If you’re someone who values premium perks that enhance your travel experience, you can likely maximize all this card has to offer.

Other cards to consider: The $695 annual fee is undoubtedly steep for many people, even if you’re someone who travels regularly. If you’re looking for robust travel benefits for a slightly- smaller annual fee, consider the $550 annual fee Chase Sapphire Reserve.

Why we love this card: Whether you’re someone who loves exploring new restaurants or spending a night out on the town with friends, you can earn an unlimited 3% cash back on your purchases in categories including dining, entertainment, popular streaming services and grocery stores. The fun doesn’t end there, as you can earn 8% back on Capital One Entertainment purchases (such as concert or sporting event tickets), 10% back on Uber and Uber Eats purchases and 5% back on hotels and rental cars booked through Capital One Travel. 

The card also features complimentary Uber One membership statement credits every month (through November 14, 2024), making it a good option for anyone interested in earning select Uber Eats perks or boosting their Uber ride experience.

Who should have this in their wallet: If entertainment, food and fun are a regular part of your plans, the SavorOne card was made for you. 

Other cards to consider : The Capital One Savor Cash Rewards Credit Card can get you a slightly higher earning rate on dining, entertainment and popular streaming services, but you’ll pay a $95 annual fee.

Best for Travel Overall: Chase Sapphire Reserve

Why we love this card: This premium card offers high earnings, boosted redemption rates and travel protections galore so you can make the most out of your travel experience. You earn 10X points on hotel stays, car rentals and Chase Dining purchases through Chase Ultimate Rewards; 5X points on air travel through Chase Travel; 3X points at restaurants and on general travel purchases; and 1X points on all other purchases. Note, travel-related rewards rates kick in after you earn your $300 annual travel credit. 

Who should have this in their wallet: If you’re serious about travel and want a card that earns valuable Chase Ultimate Rewards points, the Chase Sapphire Reserve is your pick. You may also benefit from this card if you’re someone who enjoys strategizing rewards and focusing on the higher-earning categories, then strategically redeeming through Chase for maximum value.

Other cards to consider: The Chase Sapphire Preferred® Card is a toned-down version of the Reserve for a $95 annual fee. You won’t be charged foreign transaction fees and can get 25% more value for points booked through Chase Travel (compared to the Reserve’s 50% bonus).

Why we love this card: This card makes it easy to rack up rewards in the Hilton Honors program by offering 7X points on eligible purchases made directly with hotels and resorts in the Hilton portfolio that are charged on your card; 5X points on dining at U.S. restaurants (including takeout and delivery), U.S. supermarkets and U.S. gas stations; and 3X points on other eligible purchases. Plus, the complimentary Hilton Honors Silver status means you can get a 20% points earning bonus on stays.

Who should have this in their wallet: Naturally, someone who frequents the Hilton family of hotels will receive the most benefit from this card. Whether your travel plans keep you stateside or abroad, the card doesn’t charge foreign transaction fees ( see rates and fees ) or an annual fee .

Other cards to consider: If you’re not sure you can stick with one hotel brand but like the idea of earning rewards on hotel purchases, consider the no-annual-fee Capital One VentureOne. The card earns 5X miles on hotels and rental cars booked through Capital One Travel (plus 1.25X miles on all other purchases).

Why we love this card : A little work goes a long way with the Discover it® Cash Back. By activating the bonus categories each quarter, you can unlock high cash back on popular categories such as Amazon.com, gas stations, grocery stores and others. The welcome offer—where Discover matches all your first-year cash back earnings—is hard to beat, especially as it doesn’t have a minimum or maximum spending requirement.

Who should have this in their wallet: If you’re a seasonal spender or someone who likes to strategize their purchases, this card may offer incredible cash back potential for you. It’s also worth considering if you have an upcoming large purchase or high-interest credit card debt, as there’s an intro APR on purchases and balance transfers.

Other cards to consider: If you’re interested in earning rewards in bonus categories but would prefer that they don’t rotate, consider the Wells Fargo Autograph Card. 

Best for No Annual Fee: Wells Fargo Autograph Card

Why we love this card: The Wells Fargo Autograph checks a few boxes by offering an unlimited 3X points on everyday purchases for no annual fee, in addition to no foreign transaction fees. Cardholders earn points on travel, gas, transit, restaurants, popular streaming services and phone plans, and niche purchases can fall within these categories (for example, electric vehicle charging stations fall within the gas category). 

Who should have this in their wallet: If you’re an infrequent traveler most interested in being rewarded on popular everyday spending categories, this card can work well for you. 

Other cards to consider: If you’re looking for more flexible rewards when it comes to travel, the no-annual-fee Capital One VentureOne Rewards Credit Card earns 1.25X miles on every purchase and features better travel redemption options (with no foreign transaction fees).

Best for Fuss-Free Travel Rewards: Bank of America Travel Rewards Credit Card

Why we love this card: The Bank of America Travel Rewards card takes a simpler approach to earning travel rewards with its unlimited 1.5X points on all purchases. Plus, you can earn 3X points on purchases made through Bank of America’s Travel Center. 

Redemption options are fairly limited, though you can redeem for a statement credit toward travel-related expenses, cash and gift cards. 

Who should have this in their wallet: Occasional travelers who don’t want to pay a hefty annual fee for travel benefits they’ll rarely use can likely make the most of this card. Plus those who are Bank of America Preferred Rewards members can boost their rewards substantially.

Other cards to consider: If you can handle a $95 annual fee, the Bank of America® Premium Rewards® Credit Card earns 2X points on travel and dining purchases and 1.5X points on everything else—and you can still boost your rewards as a Preferred Rewards member. 

Why we love this card: The Discover it® Student Cash Back packs a punch for a card geared toward students. You earn 5% cash back on activated, rotating bonus categories (up to $1,500 in spending per quarter, then 1%) and a flat 1% back on other purchases. Plus, as a welcome bonus, Discover will match all the rewards you earn within your first year. 

It comes with other useful benefits for students too, including FICO Score access for free and a short intro APR on purchases, should you need to pay off upcoming purchases like textbooks or dorm supplies. 

Who should have this in their wallet: Whether you’re a student on campus or studying abroad, this card is ideal for those starting out on their credit journey since you don’t have to have an extensive credit history to be approved. Note, Discover is less widely accepted outside of the United States.

Other cards to consider: Students may not want the hassle of keeping up with rotating cash back categories each quarter. With the Discover it® Student Chrome, you earn 2% cash back at gas stations and restaurants (up to $1,000 in combined purchases each quarter, then 1%) and receive the same Cashback Match welcome bonus.

What Is a Foreign Transaction Fee?

Whether you’re using a credit card for online purchases made with overseas businesses or are shopping in person outside of the United States, the credit card company has to convert the amount from U.S. dollars. While these transactions look the exact same to us, behind the scenes the credit card company has to pay various fees for this transaction, including moving money through foreign banks. 

Foreign Transaction Fees by Credit Card Issuer

Not all credit card issuers charge foreign transaction fees, and some issuers charge the fee on certain cards within their lineup but not others. Typically, the best travel credit cards offer exclusions from foreign transaction fees as a benefit. 

American Express Foreign Transaction Fee

The typical foreign transaction fee from American Express is 2.7%. However, Amex excludes this fee on cards like Platinum Card from American Express ( see rates and fees ), American Express Gold Card ( see rates and fees ) and Delta SkyMiles® Gold American Express Card ( see rates and fees ).

Capital One Foreign Transaction Fee

The Capital One foreign transaction fee is $0 for every card within its lineup. So whether you’re physically traveling in another country and making a purchase or shopping online with a non-U.S. retailer, you won’t have to worry about any foreign transaction fees with a Capital One credit card .

Chase Foreign Transaction Fee

Chase charges a standard foreign transaction fee that’s 3% of the amount of each transaction in U.S. dollars, including for popular cards like the Chase Freedom Unlimited®. However, both the Chase Sapphire Preferred® Card and Chase Sapphire Reserve exclude the fee.

Citi Foreign Transaction Fee

The standard foreign transaction fee from Citi is 3%. You can avoid this fee by using cards like the Citi Premier® Card and Citi® / AAdvantage® Platinum Select® World Elite Mastercard®.

Wells Fargo Foreign Transaction Fee

Wells Fargo charges a 3% foreign transaction fee for most of its credit cards. However, the Wells Fargo Autograph doesn’t include this fee. 

How To Use Your Credit Card Internationally

If you plan on using your credit card internationally, keep in mind these few important points. For starters, check to make sure the merchant accepts your card’s payment network—Visa, Mastercard, Discover or American Express. Not all merchants accept all four networks, so you may want to bring a backup credit card just in case.

Dynamic Currency Conversion

It’s possible that when you’re traveling overseas, you’ll have a merchant offer the dynamic currency conversion (DCC) option. This allows the conversion of foreign currency into your home currency during the point of sale, instead of letting your credit card issuer use their exchange rate for the conversion. 

More often than not, there’s no reason to accept the DCC option because the merchant may or may not offer the most competitive exchange rate. Even if the merchant did have a better exchange rate, the purchase would still trigger a foreign transaction fee (if your card charges one). 

How To Choose the Best Credit Card With No Foreign Transaction Fees for You

There are quite a few options when it comes to choosing the best credit card with no foreign transaction fees. Comparing multiple cards and finding features that stand out to you can help narrow down your options. Consider the following as you’re evaluating each card.

Rewards can make an excellent incentive for choosing a particular credit card, especially when a card offers rewards in categories that align with your biggest spending. Evaluate the bonus category opportunities and make sure you can get rewarded for purchases you’re likely to make anyway. Plus, consider the redemption options and if they match your preferences.

Travel Benefits

If you’re leaning toward a travel credit card, look for ones with the most meaningful perks and benefits for your travel preferences. In addition to no foreign transaction fees, many of the best travel cards offer valuable trip protections, such as trip cancellation and interruption insurance and auto rental collision insurance. There may be other perks you can take advantage of more regularly, such as airport lounge access or statement credits toward travel and dining. 

The annual fee is an important factor of consideration because it’s an expense you’ll have to pay each year. Make sure the cards you’re considering can more than justify the annual cost. While you may automatically prefer a no-annual-fee card, premium credit cards packed with the most useful features often carry heftier annual fees. 

While a foreign transaction fee and annual fee are often the fees getting the most attention, it’s essential to take note of other fees charged on credit cards, which can quickly eat away at the card’s overall value. For example, look into late payment fees, cash advance fees, balance transfer fees and more.

Annual Percentage Rate (APR)

The APR, also often referred to as the interest rate on a card, is another critical component of choosing the best credit card. While a card may not include a foreign transaction fee, it’s possible its APR is higher than average, which can add significant costs to your purchases if you carry a balance.

*Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by Amex Assurance Company.

Frequently Asked Questions

Does the exchange rate affect the foreign transaction fee.

No, the exchange rate does not have a bearing on a card’s foreign transaction fee. Your credit card payment company converts foreign purchases into the appropriate currency based on the exchange rate. The foreign transaction fee (if there is one) gets applied to the converted amount.

How Do I Know if My Card Has a Foreign Transaction Fee?

If you already have a credit card and are unsure if it charges a foreign transaction fee, then there are a couple of ways you can confirm. You can find it in your card’s terms and conditions in your online account. Or, if you have trouble locating it online, you can place a call to customer service and review the terms and conditions over the phone.

How Do You Calculate the Foreign Transaction Fee?

A foreign transaction fee is expressed as a percentage of the purchase amount, typically 1% to 3%. To calculate it yourself, multiply the purchase price by the foreign transaction fee percentage. You can add this to the purchase price to see the total transaction cost.

The post 10 Best No Foreign Transaction Fee Credit Cards of May 2024 first appeared on Newsweek Vault .

10 Best No Foreign Transaction Fee Credit Cards

Home | noads | 10 Best No Foreign Transaction Fee Credit Cards

When traveling abroad, one of the best things you can do is bring along a credit card with no foreign transaction fees . This is one of our top tips to travel cheaply , and it will come in handy when you’re making ATM withdrawals and purchases overseas or even online with a retailer outside of the U.S.

We’ve been traveling around the world for several years now, so we have a lot of experience with spending money in different countries. Figuring out your money situation before you go abroad is one of the most important steps in planning your trip , although it can be stressful and overwhelming.

To help you make sense of all the different options on the market, I’m sharing the top 10 cards with no foreign transaction fees . Keep reading to get a closer look at these cards, including their annual fees, rewards benefits, and other perks, as well as to learn what a foreign transaction fee is .

I also recommend looking at our guide to the best travel credit cards , where you’ll find several of these zero foreign transaction fee credit cards .

10 Best credit cards with no foreign transaction fees

In addition to international spending fees, you should also think about factors like annual fees, rewards, and welcome offers. After reviewing a handful of the most popular travel cards, I’ve found ten great ones to choose from, depending on what kind of benefits you want.

To sum up, these are the 10 best no foreign transaction fee credit cards:

• American Express® Gold Card , a luxury credit card with no foreign transaction fees
• Capital One Venture Rewards , the best starter credit card with no foreign transaction fees
• Capital One VentureOne Rewards , one of the top credit cards with no foreign transaction fees
• Capital One Quicksilver Cash Rewards Credit Card , a cash back credit card with no foreign transaction fees
• Citi Premier® Card , the best no foreign transaction fee credit card with dining rewards
• U.S. Bank Altitude® Connect Visa Signature® Card , another no foreign transaction fee credit card with extra perks
• Chase Sapphire Preferred® , the best travel rewards credit card with no foreign transaction fees
• Marriott Bonvoy Bold® , the best hotel credit card with no foreign transaction fees
• Bank of America® Travel Rewards , a credit card with no foreign transaction fee or annual fee
• Discover it® Miles , another beginner-friendly credit card with no foreign transaction fees

1. American Express® Gold Card , a luxury credit card with no foreign transaction fees

If you like to travel in style, the American Express Gold Card is for you. Enjoy great reward rates and a generous welcome offer of 60,000 points after you spend $6,000 in your first 6 months. Plus, get annual dining and Uber credits of up to $120 each (enrollment required for select benefits). While this AmEx card has no foreign transaction fees , you should be aware that American Express isn’t as widely accepted as Visa and Mastercard. Also, the $250 annual fee is a bit steep.

• Welcome offer : 60,000 points
• Estimated value : $600 †
• Annual fee : $250 ( Rates & Fees )
• Foreign transaction fee : 0%
• Rewards rate : 4x Membership Rewards points at restaurants; 4x Membership Rewards points at U.S. supermarkets, on up to $25,000 per year in purchases; 3x Membership Rewards points for flights booked directly with airlines or on amextravel.com; 1x Membership Rewards points on other purchases. Terms and limitations apply.

2. Capital One Venture Rewards Credit Card , the best starter credit card with no foreign transaction fees

If you’re looking for a Capital One credit card with no foreign transaction fees , consider Capital One Venture Rewards . This Visa credit card is widely accepted around the world, and while it has a small annual fee of $95, it has a great rewards rate. Earn 5 miles per dollar on hotels and rental cars booked through Capital One Travel, and 2 miles per dollar on every purchase, every day. Plus, you can get up to a $100 statement credit to use for a TSA PreCheck or Global Entry application.

• Welcome offer : 75,000 points
• Estimated value : $750 †
• Annual fee : $95
• Rewards rate : 5 miles per dollar on hotels/rental cars booked through Capital One Travel; 2 miles per dollar on every purchase

3. Capital One VentureOne Rewards Credit Card , one of the top credit cards with no foreign transaction fees

Here is another Capital One credit card with no foreign transaction fees . The Capital One VentureOne Rewards card has fewer benefits than some of the other cards on this list, but you’ll still earn 5x miles per dollar on hotels and rental cars booked through Capital One Travel, where you’ll get Capital One’s best prices on thousands of trip options. Use your miles to get reimbursed for any travel purchase, or redeem by booking a trip through Capital One Travel. In addition, there is no limit to how many you can earn, and you can transfer your miles to your choice of 15+ travel loyalty programs. So, if you’re looking for a no annual fee, no foreign transaction fee credit card , this is a great option.

• Welcome offer : 20,000 points
• Estimated value : $200 †
• Annual fee : $0
• Rewards rate : 5x miles per dollar on hotels/rental cars booked through Capital One Travel; 1.25x miles per dollar on every purchase, every day

4. Capital One Quicksilver Cash Rewards Credit Card , a cash-back credit card with no foreign transaction fees

Last but not least, the Capital One Quicksilver Cash Rewards Credit Card is another option to consider. This Capital One credit card has no foreign transaction fees , no annual fee, and a welcome offer for new cardholders. Therefore, it’s another good starter card, especially since you only have to spend $500 in your first three months to earn the welcome offer. Plus, it’s a Visa, so it’s a great card to have on hand while traveling internationally.

• Rewards rate : 5% cash back on hotels/rental cars booked through Capital One Travel; 1.5% cash back on every purchase

5. Citi Premier® Card , the best no foreign transaction fee credit card with dining rewards

The Citi Premier Card is a Mastercard, so you should be able to use it around the globe at most places. It has a small annual fee but a great welcome offer of 60,000 points, which you can transfer to several airline loyalty programs. This no foreign transaction fee Citi card also offers a $100 annual hotel savings credit you can put toward a stay of $500 or more.

• Rewards rate : 3x points at restaurants, supermarkets, gas stations; 3x points on flights and hotels; 1x points on all other purchases

6. U.S. Bank Altitude® Connect Visa Signature® Card , another no foreign transaction fee credit card with extra perks

For extra rewards and travel benefits, check out the U.S. Bank Altitude Connect Visa Signature Card . It’s the best no foreign transaction fee credit card from U.S. Bank , offering up to 5x points on travel purchases. You may also take advantage of 1x points on all other purchases, an annual $30 credit for streaming services, and up to $100 in statement credits when you use your card to apply for TSA PreCheck or Global Entry. Not only that, but the $95 annual fee is waived for your first year.

• Welcome offer : 50,000 points
• Estimated value : $500 †
• Annual fee : $95 (waived for first year)
• Rewards rate : 5x points on hotels/rental cars booked through Altitude Rewards Center; 4x points on gas, EV charging stations, and other travel expenses; 2x points on groceries, dining, streaming services; 1x points on all other purchases

7. Chase Sapphire Preferred® , the best credit card with no foreign transaction fees

First, the Chase Sapphire Preferred card is a Visa credit card, so you shouldn’t have problems using it around the world. It does have an annual fee, but it’s relatively small, and the rewards rate makes up for it. For example, you can earn 5x points on travel purchased through Chase Ultimate Rewards® and 3x points on dining (excluding Target®, Walmart® and wholesale clubs). You’ll also get 2x points on all other travel purchases and a complimentary DashPass membership ($96 value) every year with $10k in annual card spend. DashPass members enjoy $0 delivery fees and reduced service fees on every eligible order (you must activate before December 31, 2024). As long as you have a good credit score rating, you should get approved, so it’s the best no foreign transaction fee credit card from Chase for beginners.

• Rewards rate : 5x points on travel purchases through Chase Ultimate Rewards®; 3x points on dining; 2x points on all other travel purchases; $50 Ultimate Rewards Hotel Credit

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8. marriott bonvoy bold® credit card , the best hotel credit card with no foreign transaction fees.

Marriott Bonvoy Bold is another good starter travel credit card with no foreign transaction fees . Along with no annual fee, it has a decent welcome offer and additional travel benefits. Some perks of this card include 15 yearly Elite Night Credits to use at Marriott properties, as well as lost or delayed luggage reimbursement. As a Visa card, it’s one of the best credit cards with no annual fee and no foreign transaction fee that you can use worldwide.

• Welcome offer : 30,000 points
• Estimated value : $250 †
• Rewards rate : 3x points at Marriott Bonvoy hotels; 2x points on other travel expenses; 1x points on all other purchases

9. Bank of America® Travel Rewards Credit Card , a credit card with no foreign transaction fee or annual fee

The Bank of America Travel Rewards card is also a Visa credit card, so it’s accepted worldwide. In addition to being a no foreign transaction fee credit card , it has no annual fees and a secure chip-and-PIN system. You can redeem your points for all kinds of travel expenses, including flights, hotels, rental cars and properties, restaurants, and attractions. That said, it’s best suited to Bank of America account holders, who can earn maximum benefits.

• Welcome offer : 25,000 points
• Rewards rate : Unlimited 1.5 points per $1 on all purchases

10. Discover it® Miles , another beginner-friendly credit card with no foreign transaction fees

Discover it Miles is a Discover card that doesn’t have foreign transaction fees , nor does it have an annual fee. In addition, there is no minimum spending requirement and no limit to how many miles you can earn. As a welcome offer, any points you earn in your first year will be doubled by Discover Match. This no foreign transaction fee Discover credit card is accepted around the world, although you won’t be able to use it in several countries in the Caribbean, eastern Europe, and South America.

• Welcome offer : Discover Match (double the points you earn in your first year)
• Estimated value : Varies (depend on how much you spend)
• Rewards rate : 5x miles per $1 on every purchase

Comparing the best no foreign transaction fee cards

Here is a table showing the best credit cards without foreign transaction fees , including a comparison of annual fees, welcome offers, and rewards rates.

What is a foreign transaction fee?

A foreign transaction fee is what card issuers and banks charge when you withdraw money from a foreign ATM or make a purchase outside of the U.S., even if you’re buying something online. Unless you have a credit card with no foreign transaction fees , you’ll probably end up paying a 1% to 5% foreign transaction fee on each purchase.

How to avoid foreign transaction fees while abroad

Now that you know what a foreign transaction fee is , here are the top tips for avoiding these pesky fees while you’re overseas:

• Notify your bank before your trip and make sure you know whether or not your card charges for foreign transactions.
• Bring two or more cards , including a debit card with zero international fees. Also, consider opening a Wise account or getting a Revolut card if you plan on sending or receiving money while abroad.
• Avoid extra ATM fees by using your debit card to make withdrawals, if necessary.
• Have some local currency on hand and wait to exchange your currency until you reach your destination.
• Decline the dynamic currency conversion option and instead, choose to pay in the local currency at your destination.
• If you’re traveling to Europe, consider applying for a VAT refund to get some money back for paying foreign sales tax.
• Make sure your credit card is a chip-and-PIN card for added protection against fraudulent purchases.

FAQs – No foreign transaction fee credit cards

If you’re still unsure about no foreign transaction fee credit cards , here are the answers to some commonly asked questions.

Do exchange rates affect foreign transaction fees?

The exchange rate won’t directly affect foreign transaction fees since the fees are determined by the card issuer. That said, while the fee percentage won’t change, the fee’s dollar amount can change, depending on the exchange rate.

What is the best no foreign transaction fee credit card?

There are several great credit cards with no foreign transaction fees . Depending on what kind of benefits you’re looking for, you can find top-rated cards from Chase, AmEx, Capital One, and more.

Will I get charged for using my credit card abroad?

If you have a credit card with zero foreign transaction fees , you can avoid paying extra charges for purchases abroad.

When do I pay a foreign transaction fee?

The foreign transaction fee gets applied to your credit card statement, so you can pay it when you pay off your balance each month.

Should I use my credit card or exchange my money abroad?

You’ll save the most money if you use your no foreign transaction fee credit card abroad and stick to the local currency.

I hope this guide cleared up any confusion you had about what a foreign transaction fee is and how to avoid extra charges while overseas. If you have any questions about choosing a credit card with no foreign transaction fees , leave me a comment below. I’d be happy to hear from you!

Until then, have a great trip!

*Advertiser disclosure:  Capture the Atlas has partnered with CardRatings for our coverage of credit card products.  Some or all of the card offers that appear on the website are from advertisers, although t he site does not include all card companies, or all available card offers. Capture the Atlas and CardRatings may receive a commission from card issuers, which may impact how and where cards appear on the site.

*Editorial disclosure:  Opinions, reviews, analyses, and recommendations are the author’s alone, and have not been reviewed, endorsed, or approved by any bank, credit card issuer, hotel, airline, or any other entity included within the post.

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6 Ways to Save Money When Traveling Abroad

While you can't put a price on making memories from a dream tip overseas, there's also no reason to spend money on fees you can easily avoid. 

Here are six tips for keeping costs low and managing your money during your next trip abroad. 

1. Try to minimize transaction costs

Credit and debit card issuers may charge foreign-transaction fees, which can run from 1% and 3% of the purchase price, 1 as well as ATM fees. That might seem like a minor expense on a per-transaction basis, but those extra charges can really add up if you're executing multiple transactions per day. 

Your overall fee could comprise two fees: one from the issuing bank and one from the card company. So, be sure you understand what fees your bank and credit card companies charge. And note that even if you have a fee-free card, ATMs or merchants may still charge a fee. Always check your card's terms and conditions to find out exactly what fees you're responsible for. 

2. Find the best exchange rate

Airport currency kiosks may be convenient, but can also levy a variety of fees or commissions. Even so-called no-fee exchanges could cost you extra by offering unfavorable exchange rates.

Cash withdrawals from ATMs are generally the best choice for day-to-day funds—but, again, beware of transaction fees. Some banks impose a flat fee per withdrawal, while others don't and may even refund those levied by others.

If you anticipate needing cash, exchanging currency at your local bank or credit union before you leave may provide a lower rate. It's best to check ahead, however, to confirm that they have the foreign currency in hand as well as to check on the conversion rate—banks typically don't exchange currencies for free. Once you arrive at your destination, you might be able to get a decent exchange rate at your hotel as well. 

3. Watch out for "dynamic currency conversion"

Many travelers are enticed by the convenience and familiarity of receiving bills—at restaurants, for instance—in U.S. dollars. But this new trend, called dynamic currency conversion, can come with an unfavorable exchange rate, transaction fees, or both. So, when asked if you want to pay a bill in the local currency or in U.S. dollars, go with the local option—unless you can verify that the cost of using U.S. currency is negligible or at least worth the convenience of not having to convert in your head.

4. Take advantage of built-in benefits

Before you book your trip, see if your credit or debit cards offer travel-related perks that can save you money or ease your journey. For example, many offer hotel and restaurant reservation assistance, free Wi-Fi access on eligible flights, and even discounts on certain types of accommodation and transportation. Review your cards' benefit terms or call your providers for full details. 

5. Consider travel insurance to cover risk

Disruptions such as cancellations, delays, or missed flights or other scheduled activities can create extra expenses. So can lost baggage or theft, accidents, or illness requiring medical care. 

Your card could provide coverage for some of these risks, but you can also get additional protection. The price of travel insurance is typically about 5%–6% of your travel cost, 2 and while this insurance may not feel like a money saver at the time of purchase, it can be a life saver when you need it the most. Contact your insurance provider for more information.

6. Secure your information

Nothing ruins a trip like a lost or stolen wallet, so take a picture of the contents of your wallet, including the fronts and backs of credit, debit, and insurance cards so you can find all of those important phone numbers to call in case of emergency. Keep a copy on your phone—or better yet, in the cloud—along with pictures of your passport and any other important documentation. 

While you're at it, contact your cell phone provider regarding phone and data packages while overseas. Your plan may not work in your final destination, or you may find a cheaper, temporary option to use instead. 

Also, be sure to activate transaction or fraud alerts for all accounts that offer them so you're notified right away of suspicious activity. Sophisticated cybercriminals can capture your financial information even if your cards stay in your possession. 

You may be able to set up a travel notice to have your bank monitor your accounts for fraudulent activity when traveling. When travel monitoring is active, debit and credit cards are scrutinized for high-risk transactions. 

1 Lendingtree.com , as of 3/2024. 

2 " Average Cost of Travel Insurance 2024 ," Forbes , 01/23/204. 

A cost-conscious travel companion

The Schwab Bank Visa® Platinum Debit Card (available to Schwab Bank Investor Checking ™  account* holders) provides a wealth of benefits, even when you're traveling abroad: 

• It's accepted at millions of merchant outlets and ATMs in more than 200 countries and territories worldwide .
• You incur no foreign-exchange transaction fees for purchases made with your debit card.  1  
• It provides extra layers of protection like card lock/unlock, transaction and account alerts, two-way fraud text alerts, and travel notifications. 2  
• Unlimited ATM cash withdrawal fees are rebated on a monthly basis. 3,4
• It offers additional travel benefits, including Fraud Protection for Unauthorized Transfers or Purchases, Travel Accident Insurance, and Travel and Emergency Assistance Services. It's linked to a Schwab One ®  brokerage account with no minimum balance requirement and free online transfers between accounts. 5  
• Schwab Bank cards are also covered by the Schwab Security Guarantee. If an unauthorized transaction is made in your Schwab Bank account, you will not be responsible for that transaction or for any related interest or transaction charge. 6  

More from Charles Schwab

5 Ways to Save Money When Traveling Domestically

Financial Considerations of Moving Abroad

How to Earn and Maximize Travel Points

Related topics.

Brokerage Products: Not FDIC Insured ∙ No Bank Guarantee ∙ May Lose Value

*​The Schwab Bank Investor Checking account is available only as a linked account with a Schwab One® brokerage account. The Schwab One brokerage account has no minimum balance requirements, no minimum balance charges, no minimum trade requirements, and there is no requirement to fund this account when opened with a linked Investor Checking account.

To learn more about other Schwab Bank checking accounts, please contact Schwab Bank at 888-403-9000.

1 Schwab Bank does not assess foreign transaction fees (i.e., a fee to convert US Dollars to local currency) to Schwab Bank clients when you use your Schwab Bank Debit Card to withdraw foreign currency from an ATM, or to pay for a purchase in foreign currency. However, in some cases ATM operators or the merchants may charge a fee on foreign transactions.  Foreign transaction fees assessed by third parties are not eligible for reimbursement. The exchange rate into the U.S. dollar equivalent will be determined by the bank at which you conduct the transaction, the ATM network, or Visa depending on the specific arrangements that are in place.

2 Lock your card if it's lost or stolen, if you suspect fraud, or if you won't be using it. You can lock your card if it is activated and in good status. Locking blocks cash advances, ATM withdrawals, and purchases at point of sale, online, or over the phone. The account is still active and you can still see your balances. Note that even if your card is locked, the following transactions still continue: • Recurring transactions and bill payments• Credits and reversals. <We'll notify you anytime the card is locked or unlocked.> For assistance <in locking or unlocking the card or> to file a fraud claim, contact us at 888-403-9000.

3 The rebate will appear as a lump-sum credit on the same checking account periodic statement that includes ATM fees incurred for that particular account statement cycle.

4 Unlimited ATM surcharge rebates apply to cash withdrawals using the Schwab Bank Visa® Platinum Debit Card wherever it is accepted. ATM surcharge rebates do not apply to any fees other than surcharges assessed for using an ATM to withdraw cash in local currency from your Schwab Bank account. Schwab Bank makes its best effort to identify those ATM surcharges eligible for rebate, based on information it receives from Visa and ATM operators. In the event that you have not received a rebate for an eligible surcharge, please call a Schwab Bank Client Service Specialist for assistance at 1‐888‐403‐9000 (or for clients of independent investment advisors, a Schwab Alliance Service team Member at 1-800-515-2157). Schwab Bank reserves the right to modify or discontinue the ATM surcharge rebate at any time.

5 Refer to the Enhanced Benefits for VISA Platinum Debit Cardholders.

6 The Schwab Security Guarantee: Schwab will cover 100% of any losses in any of your Schwab accounts due to unauthorized activity. The highest levels of security are only possible when we work together. To ensure your protection under this guarantee, it is your responsibility to safeguard your account access information. If you share this information with anyone, we will consider their activities to have been authorized by you. It is also your responsibility to report any unauthorized transactions to us as quickly as possible. If you suspect you are a victim of fraud, please contact us immediately at 888‐3‐SCHWAB. There may be other individuals to whom you grant authority in your account. Their activities in your account will also be considered authorized. "Account access information" includes your login ID, password, or any other information used by Schwab to authenticate you; as well as payment devices such as credit cards, debit cards and checks. We may hold you responsible if we determine that you shared this information, or unauthorized activity was caused by your fraudulent conduct or gross negligence. Reimbursement under the guarantee requires your timely reporting of unauthorized activity to Schwab. Schwab will not be liable for additional or increased losses resulting from a failure to report unauthorized activity in a timely manner. Different transactions have different reporting deadlines. More details are available in your account agreements, statements and trade confirmations. This applies to third parties (who are not Schwab employees or Schwab companies), including the employees or agents of any business or any investment advisor to whom you have granted authority of any type over your account. This includes authority to manage your account, and any other power of attorney you may have granted. This applies to activity by your employer and their employees, representative or agent which have authority to access your Employee Benefit Plan Account. Schwab will also not be liable for the failure of those third parties to safeguard your information or access to your account.

Charles Schwab & Co., Inc. ("Schwab"), Schwab Wealth Investment Advisory, Inc. ("SWIA"), and the FDIC-insured Schwab-affiliated banks ("Affiliated Banks") are separate but affiliated companies and subsidiaries of The Charles Schwab Corporation. Securities products and services are offered by Charles Schwab & Co., Inc. (Member SIPC). Schwab Intelligent Portfolios™ is offered by SWIA, a registered investment advisor, and Institutional Intelligent Portfolios™, is made available through independent investment advisors and sponsored by SWIA. Deposit products and services are offered by the Affiliated Banks including Charles Schwab Bank, SSB, and lending products and services are offered by Charles Schwab Bank, SSB, Member FDIC and Equal Housing Lender.

The information provided here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned here may not be suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decision.

All expressions of opinion are subject to change without notice in reaction to shifting market conditions. Data contained herein from third-party providers is obtained from what are considered reliable sources. However, its accuracy, completeness, or reliability cannot be guaranteed.

Examples provided are for illustrative purposes only and not intended to be reflective of results you can expect to achieve.

The information and content provided herein is general in nature and is for informational purposes only. It is not intended, and should not be construed, as a specific recommendation, individualized tax, legal, or investment advice. Tax laws are subject to change, either prospectively or retroactively. Where specific advice is necessary or appropriate, individuals should contact their own professional tax and investment advisors or other professionals (CPA, Financial Planner, Investment Manager) to help answer questions about specific situations or needs prior to taking any action based upon this information.

Supporting documentation for any claims or statistical information is available upon request.

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The Best Travel Credit Cards for 2024

W hat do savvy travel bloggers, backpackers, business owners, and all other frequent flyers have in common? A high-earning travel rewards credit card. If you want to fly for free like the pros do, you need to understand that every dollar you spend that isn't earning you rewards is a dollar wasted . Plus, there are huge welcome bonuses to be had just for signing up and hitting the minimum spend with your everyday purchases – sometimes as much as $750 worth of points, like with the Chase Sapphire Preferred® Card . That's enough for a free return flight already!

A good travel credit card will also save you money during your trip, charging no foreign transaction fees (often 2.5-3% of every purchase with a regular credit card), and offering perks like car rental insurance, airport lounge access, and premium hotel status.

Without further ado, here are our top choices for the best travel credit cards in 2024.

1. Chase Sapphire Preferred® Card

Chase Sapphire Preferred® Card

• 60,000 reward points (worth $750 ) after meeting the minimum spend of $4,000 in the first 3 months
• $50 annual Ultimate Rewards Hotel Credit, 5x points for purchases on Chase Ultimate Rewards, 3x points on dining, select streaming services and online groceries, and 2x points on all other travel purchases.
• Points are worth 25% more on airfare, hotels, car rentals, and cruises when booking through Chase Ultimate Rewards (e.g. 60,000 points worth $750 toward travel)
• Includes trip cancellation/interruption insurance, auto rental collision damage waiver, lost luggage insurance and more.
• Can transfer your reward points to leading airline and hotel loyalty programs
• No foreign transaction fees
• Annual fee: $95

The Chase Sapphire Preferred has been our #1 credit card for awhile now – and with good reason. This card checks a lot of boxes at a low annual fee: a huge welcome bonus of 60,000 points worth up to $750 in travel, no foreign transaction fees (saving 2.5% on every overseas purchase), included insurance on rental cars, baggage delays, and trip delays, 3x points on dining, and 2x points on all other travel purchases worldwide.

Points can be transferred 1:1 with a huge number of airline and hotel points programs. However, redeeming your points in the Chase Ultimate Rewards portal boosts their value by 25% – and you also get a lot more flexibility.

While official airline points programs have blackout dates or limited number of reward seats on each flight, the Chase portal lets you use points on any flight or hotel that would appear on other travel booking sites like Expedia and Kayak. In other words, if a flight or hotel is available, you can book it with points – period. It also means that the cheaper a flight or hotel is, the less points required to redeem it. So if you're thrifty like us and keep your eyes peeled for cheap flights and error fares , you'll usually use less points than if you were using an official airline points program.

2. Capital One Venture Rewards Credit Card

Capital One Venture Rewards Credit Card

• 75,000 bonus miles (worth $750 ) once you spend $4,000 in the first 3 months
• Up to $100 credit for  Global Entry or TSA PreCheck
• 2 complimentary lounge visits per year to Capital One Lounges or to 100+ Plaza Premium Lounges
• Earn 5x miles on hotels and rental cars booked through Capital One Travel
• Miles don't expire. Book flights, hotels, or transfer points to 10+ travel loyalty programs.

The Capital One Venture Rewards card offers similar perks to the Chase Sapphire Preferred , but with a few differences. The annual fee is only $95, with a welcome bonus of 75,000 bonus miles (worth $750 ) once you spend $4,000 in the first 3 months from account opening. Like the Chase Sapphire Preferred , you get no foreign transaction fees, car rental and travel accident insurance, and you can redeem your points for flights, hotels, or transfer your points to 15+ travel loyalty program partners.

One unique perk is a $100 credit towards TSA Precheck or Global Entry. These programs allow you to save time at the airport going through security or clearing immigration, and are well worth signing up for if you're a frequent traveler. Don't miss our ultimate guide on using TSA Precheck or Global Entry, saving you hours at the airport .

Overall, we think the Chase Sapphire Preferred is a better choice as you get a larger welcome bonus, 3x points on dining, and 2x points on all other travel, which more than make up for the $95 annual fee. But if you want a second card (and second welcome bonus), the Capital One Venture Rewards card is still one of the best travel cards you can get.

3. The Platinum Card® from American Express

The Platinum Card® from American Express

• 80,000 bonus Membership Rewards points after spending $8,000 in the first 6 months
• $200 per year in hotel credit on select prepaid bookings, which requires a minimum two-night stay, through American Express Travel
• $155 Walmart+ credit , covering the cost of a monthly membership
• Up to $200 in Uber rides and eats savings in the US annually, and Uber VIP status
• 5x points on up to $500,000 per year spent on flights booked directly with airlines, or through American Express Travel
• Unlimited access to 1,400+ airport lounges worldwide through the American Express Global Lounge Collection (including Priority Pass Select lounges)
• Annual fee: $695. Terms apply.
• Learn how to apply – See Rates and Fees

If you're serious about points travel and card perks, you have to bring in the big guns, and you can't get much bigger than The Platinum Card from American Express . It has some of the most impressive benefits of any travel rewards card we've seen – but it also comes with a hefty annual fee of $695. Is it worth it? Absolutely – but it requires you to be strategic in taking advantage of the benefits, and you should probably be traveling more than once a year. For the hardcore traveler, this card is our #1 choice.

The Platinum Card from American Express truly checks all the boxes. A 80,000 points bonus after hitting the minimum spend, 5x the points on flights and hotels booked through American Express Travel, no foreign transaction fees, baggage and car rental insurance, and the flexibility to transfer your points to 18 airline and 3 hotel points programs, or to book any flight or hotel through the American Express Travel portal.

On top of that, there are perks and credits galore. You get access to the Global Lounge Collection, one of the largest airport lounge collections in the world. That's food and drink, shower access, and strong wifi with every visit to the airport. You also get a $200 airline fee credit per year (which works on baggage fees, now an additional charge on most flights), Uber VIP status and up to $200 in rides and eats savings, a $189 CLEAR® Plus statement credit per year (after paying with your Platinum Card) to zoom through airport security, and $100 in credits for purchases at Saks Fifth Avenue (*Enrollment Required).

Finally, you get gold status in Hilton Honors and Marriott Bonvoy, membership in Hertz Gold Plus Rewards, Avis Preferred, and National Car Rental Emerald Club Executive, and access to AMEX's own Fine Hotel & Resorts program. What does all that mean? Discounts on hotels and cars, room upgrades, late checkouts, wi-fi, and an amenity specific to the property worth $100. American Express estimates the benefits of the Fine Hotel & Resorts program alone to be worth an average of $550.

As you can see, if you frequently travel or are strategic in using the card, you can more than make up for the $695 annual fee. Not to mention, the luxury of all these perks is pretty nice too! Learn More .

For rates and fees of The Platinum Card from American Express, please this page

Other cards to check out

The above 3 cards are our top all-around travel cards for both before and during your trip. But if you're looking for a specific feature, there are a few other cards you can consider checking out.

The Best Business Credit Card for Travel

• 100,000 reward points (worth $1250 ) after meeting the minimum spend of $8,000 in the first 3 months
• 3x points on the first $150,000 spent on travel and select business categories each year
• Can transfer your reward points to leading airline and hotel loyalty programs, or redeem for any flight or hotel in Chase Travel(SM)

Own a small business? Get the Ink Business Preferred card from Chase and earn even more points. The perks are even better than our #1 consumer choice, the Chase Sapphire Preferred , for the same annual fee. A whopping 100,000 welcome bonus (worth $1,250 in travel), no foreign transaction fees, flexible rewards with no blackout dates, and 3x the points on even more categories like travel, shipping, internet, cable, phone, and online ad purchases make this card a solid choice both at home and overseas.

The Best Credit Card with No Annual Fee

Capital One VentureOne Rewards Credit Card

• 20,000 bonus miles (worth $200 ) once you spend $500 in the first 3 months within 3 months from account opening
• 1.25 miles per dollar on all purchases
• Transfer your miles to over 15 leading travel loyalty programs
• Annual fee: $0

Although paying an annual fee can seem scary, it's always worth it, because the benefits on a card with an annual fee are far greater than on cards without, and you'll earn points at a much higher rate.

But if you never want an annual fee, your best choice is the Capital One VentureOne Rewards Card. It's similar to the Venture Rewards card, but the welcome bonus is 20,000 (worth $200 in travel) instead of 75,000 (worth $750 in travel). You only get 1.25 miles per dollar instead of 2, and no TSA Precheck or Global Entry credit. That's a lot less value compared to what you get with the Capital One Venture Rewards card , which has a low annual fee of $95, so we think it's a better card for most people.

The Best Credit Card for Travel Insurance

Chase Sapphire Reserve®

• 60,000 reward points (worth $900 ) after meeting the minimum spend of $4,000 in the first 3 months
• $300 annual travel credit
• 5x points on air travel and 10x points on hotels and car rentals purchased through Chase Ultimate Rewards (after using the full travel credit). 3x points on other travel and dining.
• Free access to 1300+ airport lounges worldwide through Priority Pass Select
• Annual fee: $550

Though most travel cards these days offer a limited amount of insurance on car rentals, lost luggage, and trip cancellations, the Chase Sapphire Reserve is one of just a few cards offering emergency medical and dental insurance as well. Medical insurance is essential when travelling, and can often cost up to a few hundred dollars, so having this included with your credit card is great value. Other perks on this card are similar to the Chase Sapphire Reserve, but your points are worth 50% more in the Chase Ultimate Rewards portal, you get access to airport lounges worldwide, and you get a credit towards a Global Entry or TSA Precheck application.

The Best Credit Card for Airport Lounge Access

The best credit cards for airport lounge access are the previously mentioned American Express Platinum Card and the Chase Sapphire Reserve , but both have high annual fees. These cards have a huge number of benefits, and are definitely worth it if you take advantage of them, but  if the annual fee is too steep, we recommend sticking with the Chase Sapphire Preferred .

The Hilton Honors American Express Surpass Card has a lower annual fee of $95 and 10 airport lounge visits per year, but since your points are locked into the Hilton Honors program, we recommend foregoing the lounge access to get the Chase Sapphire Preferred for the same fee, with the flexibility to book any flight or hotel you want. Plus, there's other ways to get cheap lounge access – check out our full guide!

All information about Hilton Honors American Express Surpass Card has been collected independently by Thrifty Nomads. Hilton Honors American Express Surpass Card is no longer available through Thrifty Nomads.

The Best Credit Card for TSA Precheck and Global Entry

Signing up for TSA Precheck or Global Entry can save you hours at the airport over time. The Capital One Venture Rewards Card offers a credit of up to $100 on your statement when you apply for this handy perk.

Thrifty Nomads has partnered with CardRatings for our coverage of credit card products. Thrifty Nomads and CardRatings may receive a commission from card issuers. Opinions expressed here are author's alone. Responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

Disclosures Many of the listings that appear on this website are from companies which we receive compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). The site does not review or include all companies or all available products. Thrifty Nomads has partnered with CardRatings for our coverage of credit card products. Thrifty Nomads and CardRatings may receive a commission from card issuers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.

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United Gateway Card review: An introductory airline card with no annual fee

The United Gateway℠ Card is a straightforward airline card with a $0 annual fee, making it a good fit for travel card newbies . You’ll need to fly United occasionally to maximize this card’s perks, so it could be a good addition to your wallet if you’re seeking some basic United-specific perks but aren’t a frequent flier.

Here’s what to know about the United Gateway Card , its features, perks, drawbacks, and which cards could be good alternatives for those seeking more airline benefits or flexibility.

United Gateway Card

Annual fee : $0

Welcome offer : Earn 20,000 United MileagePlus miles after spending $1,000 in the first 90 days of card membership

2x miles on United purchases

2x miles at gas stations

2x miles on local transit and commuting

1x miles on all other purchases

Other benefits: Partial statement credits for select United purchases, 0% APR on new purchases for 12 months, complimentary DoorDash membership for one year

With the United Gateway Card , you’ll get a variable APR ranging from 21.99% to 28.99%. Chase will review your credit and other financial information to determine your APR.

This card doesn’t charge an annual fee , which means you can start benefiting from your rewards immediately.

Welcome offer

New cardholders can earn 20,000 miles after spending $1,000 in the first 90 days of account opening. You can use your miles for United flights, seat upgrades, and more. Depending on how you redeem your miles, the welcome offer could be worth $200 or more.

Intro offer

Get an introductory 0% APR for 12 months, after which the standard APR applies. This intro APR applies to new purchases only, not balance transfers from other credit cards.

Rewards rate

How to earn rewards.

You’ll get bonus rewards from qualifying United purchases made with your card, but it also offers 2x miles in popular categories like gas stations and local transit costs. Regular spending in those categories will help you maximize your rewards. All other purchases with this card will net you 1x miles per $1 spent.

The miles you earn on your card will be automatically transferred to your United MileagePlus account at the end of each billing cycle.

How to redeem rewards

You can use your United miles for award flights on United, seat upgrades, baggage fees, select hotel stays , car rentals with Avis and Budget, and more. You can also redeem your miles for a statement credit when you book a flight using your card. While the card doesn’t reimburse you for TSA Precheck membership fees , as some premium travel cards do, you can use your United miles to cover the cost.

Notably, United is part of the Star Alliance, which has more than 25 partner airlines. That means you can use your MileagePlus miles to book travel with partners such as Air Canada, Avianca, and Lufthansa.

Additional benefits

Statement credits.

When you use your card for eligible United purchases, including in-flight food, drinks, and Wi-Fi, and premium drinks at United Club locations, you’ll get 25% back as a statement credit.

No foreign transaction fee

There’s no foreign transaction fee with the United Gateway Card , so you won’t need to worry about additional costs when you make purchases abroad.

Complimentary DashPass

You’ll get a complimentary DoorDash DashPass membership for one year when you use your United Gateway Card to activate your membership before the end of 2024.

Who is the United Gateway Card best for?

As an introductory airline card, the United Gateway Card could be a good fit for those who fly United occasionally and don’t want to pay an annual fee. It offers a few perks like a welcome bonus, introductory APR on new purchases, and 25% back as a statement credit on qualifying United in-flight purchases.

More frequent United fliers may benefit more from its sister card, the United Explorer , as it provides a broader range of benefits for a reasonable annual fee.

United Gateway Card pros

Easy-to-earn welcome offer

No annual fee

Promotional 0% APR for 12 months on purchases

Partial statement credit for eligible United in-flight and United Club purchases

United Gateway Card cons

Relatively few added perks

No introductory APR on balance transfers

Welcome offer is relatively small

Where can you use the United Gateway Card?

The United Gateway Card is part of the Visa network, so it’s accepted almost everywhere in the world. The Visa network is available in over 200 countries and territories globally.

How to make a United Gateway Card payment

You pay your United Gateway card balance through these channels:

Online via your United Gateway credit card account

Phone: 1-800-537-7783

Mail: Cardmember Services P.O. Box 6294 Carol Stream, IL 60197-6294

United Gateway Card customer service info

You can contact the Chase customer service team by calling 1-800-537-7783 or 1-614-248-2161, or logging into your United Gateway account dashboard for answers to non-urgent questions.

Alternative cards to consider

If you’re looking for more United-specific benefits or aren’t loyal to a particular airline, another card might be a better choice. Here are some great travel card alternatives to the United Gateway Card .

United℠ Explorer Card

Why we like it : The United Explorer Card offers more perks than its little sister, the United Gateway. With the Explorer card, you can earn 50,000 bonus miles if you spend $3,000 in the first three months. You’ll also get 2x miles on eligible United purchases, direct hotel bookings, and dining out; and 1x miles on all other purchases.

Beyond that, you and a companion will benefit from a free checked bag on United flights booked with your card, along with other benefits like priority boarding and a statement credit of up to $100 for Global Entry, TSA PreCheck® or NEXUS membership every 4 years. This card has an intro annual fee of $0 for your first cardholder year, then a $95 annual fee afterward.

Read our full review of the United Explorer Card

Chase Sapphire Preferred® Card

Why we like it : If you’d prefer a travel card with more flexibility, the Chase Sapphire Preferred is a great option. This card has a relatively small $95 annual fee, but it comes with lucrative benefits to easily offset this cost.

New card members can earn 75,000 Chase Ultimate Rewards points when they spend $4,000 or more within the first three months. Those points are worth 25% more when you use them for bookings through Chase travel. As a cardholder, you’ll also get 5x points on eligible Lyft rides through March 2025 and on qualifying purchases through Chase Travel; 3x points on dining out, at online grocery stores, and on select streaming services; 2x points on other travel purchases; and 1x points on everything else.

Read our full review of the Sapphire Preferred

Capital One Venture Rewards Card

Why we like it : Like the Chase Sapphire Preferred, the Capital One Venture Rewards Card has an affordable $95 annual fee — but its reward structure is simpler. Cardholders can earn 5x miles on hotel and rental car purchases through Capital One Travel, and 2x miles on all other purchases.

This card also comes with a profitable early spend bonus: 75,000 miles after spending $4,000 in the first three months. This bonus is worth around $750. With the Capital One Venture Rewards, you’ll get a statement credit of up to $100 for TSA PreCheck or Global Entry, which can help you speed through security at the airport.

This article was edited by Alicia Hahn

Editorial Disclosure: The information in this article has not been reviewed or approved by any advertiser. The details on financial products, including card rates and fees, are accurate as of the publish date. All products or services are presented without warranty. Check the bank’s website for the most current information. This site doesn't include all currently available offers.

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5 Best Travel Cards for Bali

Getting an international travel card before you travel to Bali can make it cheaper and more convenient when you spend in Indonesian Rupiah. You'll be able to easily top up your card in USD before you leave the US, to convert seamlessly to IDR for secure and flexible spending and withdrawals.

This guide walks through our picks of the best travel cards available for anyone from the US heading to Bali, like Wise or Revolut. We'll walk through a head to head comparison, and a detailed look at their features, benefits and drawbacks.

5 best travel money cards for Bali:

Let's kick off our roundup of the best travel cards for Bali with a head to head comparison on important features. Here's an overview of the providers we've picked to look at, for customers looking for ways to spend conveniently overseas when travelling from the US:

Each of the international travel cards we’ve picked out have their own features and fees, which may mean they suit different customer needs. Keep reading to learn more about the features, advantages and disadvantages of each - plus a look at how to order the travel card of your choice before you head off to Bali.

Wise travel card

Open a Wise account online or in the Wise app, to order a Wise travel card you can use for convenient spending and withdrawals in Bali. Wise accounts can hold 40+ currencies, so you can top up in USD easily from your bank or using your card. Whenever you travel, to Bali or beyond, you’ll have the option to convert to the currency you need in advance if it’s supported for holding a balance, or simply let the card do the conversion at the point of payment.

In either case you’ll get the mid-market exchange rate with low, transparent fees whenever you spend in IDR, plus some free ATM withdrawals every month - perfect if you’re looking for easy ways to arrange your travel cash.

Wise features

Wise travel card pros and cons.

• Hold and exchange 40+ currencies with the mid-market rate
• Spend seamlessly in IDR when you travel
• Some free ATM withdrawals every month, for those times only cash will do
• Ways to receive payments to your Wise account conveniently
• Manage your account and card from your phone
• 9 USD delivery fee for your first card
• ATM fees apply once you've exhausted your monthly free withdrawals
• Physical cards may take 14 - 21 days to arrive

How to apply for a Wise card

Here’s how to apply for a Wise account and order a Wise  travel card in the US:

Open the Wise app or desktop site

Select Register and confirm you want to open a personal account

Register with your email, Facebook, Apple or Google ID

Upload your ID document to complete the verification step

Tap the Cards tab to order your card

Pay the one time 9 USD fee, confirm your mailing address, and your card will be on the way, and should arrive in 14 - 21 days

Revolut travel card

Choose a Revolut account, from the Standard plan which has no monthly fee, to higher tier options which have monthly charges but unlock extra features and benefits. All accounts come with a smart Revolut card you can use in Bali, with some no fee ATM withdrawals and currency conversion monthly, depending on the plan you pick. Use your Revolut account to hold and exchange 25+ currencies, and get extras like account options for under 18s, budgeting tools and more.

Revolut features

Revolut travel card pros and cons.

• Pick the Revolut account plan that suits your spending needs
• Hold and exchange 25+ currencies, and spend in 150 countries
• Accounts come with different card types, depending on which you select
• All accounts have some no fee currency exchange and some no fee ATM withdrawals monthly
• Some account tiers have travel perks like complimentary or discounted lounge access
• You need to upgrade to an account with a monthly fee to get all account features
• Delivery fees may apply for your travel card
• Fair usage limits apply once you exhaust your currency conversion and ATM no fee allowances
• Out of hours currency conversion has additional fees

How to apply for a Revolut card

Set up your Revolut account before you leave the US and order your travel card. Here’s how:

Download and open the Revolut app

Register by adding your personal and contact information

Follow the prompts to confirm your address and order your card

Pay any required delivery fee - costs depend on your account type

Chime travel card

Use your Chime account and card to spend in Bali with no foreign transaction fee. You’ll just need to load a balance in USD and then the money is converted to IDR instantly with the Visa rate whenever you spend or make a withdrawal. There’s a fee to make an ATM withdrawal out of network, which sits at 2.5 USD, but there are very few other costs to worry about. Plus you can get lots of extra services from Chime if you need them, such as ways to save.

Chime features

Chime travel card pros and cons.

• No Chime foreign transaction fees
• No ongoing charges for your account
• Lots of extra products and services if you need them
• Easy ways to manage your money online and in app
• Virtual cards available
• You'll need to inform Chime you're traveling to use your card abroad
• Low ATM limits
• Cards take 7 - 10 days to arrive by mail

How to apply for a Chime card

Here’s how to apply for a Chime account and order a travel card in the US:

Visit the Chime website or download the app

Click Get started and add your personal details

Add a balance

Your card will be delivered in the mail and you can use your virtual card instantly

Monzo travel card

Monzo cards can be ordered easily in the US and used for spending in Bali and globally. Monzo accounts are designed for holding USD only - but you can spend in IDR and pretty much any other currency easily, with no foreign transaction fee. Your funds are just converted using the network exchange rate whenever you pay or make a withdrawal.

Monzo doesn’t usually apply ATM fees, but it’s worth knowing that the operator of the specific ATM you pick may have their own costs you’ll need to check out.

Monzo features

Monzo travel card pros and cons.

• Good selection of services available
• No foreign transaction fee to pay
• No Monzo ATM fee to pay
• Manage your card from your phone conveniently
• Deposits are FDIC protected
• You can't hold a foreign currency balance
• ATM operators might apply their own fees

How to apply for a Monzo card

Here’s how to apply for a Monzo account and order a travel card in the US:

Visit the Monzo website or download the app

Click Get Sign up and add your personal details

Check and confirm your mailing address and your card will be delivered in the mail

Netspend travel card

Netspend has a selection of prepaid debit cards you can use for spending securely in Bali. While these cards don’t usually let you hold a balance in IDR, they’re popular with travelers as they’re not linked to your regular checking account. That increases security overseas - plus, Netspend offers virtual cards you can use to hide your physical card details from retailers if you want to.

The options with Netspend vary a lot depending on the card you pick. Usually you can top up digitally or in cash in USD and then spend overseas with a fixed foreign transaction fee applying every time you spend in a foreign currency. You’ll be able to view the terms and conditions of your specific card - including the fees - online, by entering the code you’ll find when your card is sent to you.

Netspend features

Netspend travel card pros and cons.

• Large selection of different card options depending on your needs
• Some cards have no overseas ATM fees
• Prepaid card which is secure to use overseas
• Manage your account in app
• Change from one card plan to another if you need to
• You may pay a monthly fee for your card
• Some cards have foreign transaction fees for all overseas use, which can be around 4%
• Selection of fees apply depending on the card you pick

How to apply for a Netspend card

Here’s how to apply for a Netspend account and order a travel card in the US:

Visit the Netspend website

Click Apply now

Complete the details, following the onscreen prompts

Get verified

Your card will arrive by mail - add a balance and activate it to get started

What is a travel money card?

A travel money card is a card you can use for secure and convenient payments and withdrawals overseas.

You can use a travel money card to tap and pay in stores and restaurants, with a wallet like Apple Pay, or to make ATM withdrawals so you'll always have a bit of cash in your pocket when you travel.

Although there are lots of different travel money cards on the market, all of which are unique, one similarity you'll spot is that the features and fees have always been optimised for international use. That might mean you get a better exchange rate compared to using your normal card overseas, or that you run into fewer fees for common international transactions like ATM withdrawals.

Travel money cards also offer distinct benefits when it comes to security. Your travel money card isn't linked to your United States Dollar everyday account, so even if you were unlucky and had your card stolen, your primary bank account remains secure.

Travel money vs prepaid card vs travel credit card

It's helpful to know that you'll be able to pick from several different types of travel cards, depending on your priorities and preferences. Travel cards commonly include:

• Travel debit cards
• Travel prepaid cards
• Travel credit cards

They all have distinct benefits when you head off to Bali or elsewhere in the world, but they do work a bit differently.

Travel debit and prepaid cards are usually linked to an online account, and may come from specialist digital providers - like the Wise card. These cards are usually flexible and cheap to use. You'll be able to manage your account and card through an app or on the web.

Travel credit cards are different and may suit different customer needs. As with any other credit card, you may need to pay an annual fee or interest and penalties depending on how you manage your account - but you could also earn extra rewards when spending in a foreign currency, or travel benefits like free insurance for example. Generally using a travel credit card can be more expensive compared to a debit or prepaid card - but it does let you spread out the costs of your travel across several months if you'd like to and don't mind paying interest to do so.

What is a prepaid travel money card best for?

Let's take a look at the advantages of using a prepaid travel money card for travellers going to Bali. While each travel card is a little different, you'll usually find some or all of the following benefits:

• Hold and exchange foreign currencies - allowing you to lock in exchange rates and set a travel budget before you leave
• Convenient for spending in person and through mobile wallets like Apple Pay, as well as for cash withdrawals
• You may find you get a better exchange rate compared to your bank - and you'll usually be able to avoid any foreign transaction fee, too
• Travel cards are secure as they're not linked to your everyday USD account - and because you can make ATM withdrawals when you need to, you can also avoid carrying too much cash at once

Overall, travel cards offer flexible and low cost ways to avoid bank foreign transaction and international ATM fees, while accessing decent exchange rates.

How to choose the best travel card for Bali

We've picked out 5 great travel cards available in the US - but there are also more options available, which can make choosing a daunting task. Some things to consider when picking a travel card for Bali include:

• What exchange rates does the card use? Choosing one with the mid-market rate or as close as possible to it is usually a smart plan
• What fees are unavoidable? For example, ATM charges or top up fees for your preferred top up methods
• Does the card support a good range of currencies? Getting a card which allows you to hold and spend in IDR can give you the most flexibility, but it's also a good idea to pick a card with lots of currency options, so you can use it again in future, too
• Are there any other charges? Check in particular for foreign transaction fees, local ATM withdrawal fees, inactivity fees and account close fees

Ultimately the right card for you will depend on your specific needs and preferences.

What makes a good travel card for Bali

The best travel debit card for Bali really depends on your personal preferences and how you like to manage your money.

Overall, it pays to look for a card which lets you minimise fees and access favourable exchange rates - ideally the mid-market rate. While currency exchange rates do change all the time, the mid-market rate is a good benchmark to use as it’s the one available to banks when trading on wholesale markets. Getting this rate, with transparent conversion fees, makes it easier to compare costs and see exactly what you’re paying when you spend in IDR.

Other features and benefits to look out for include low ATM withdrawal fees, complimentary travel insurance, airport lounge access or emergency cash if your card is stolen. It’s also important to look into the security features of any travel card you might pick for Bali. Look for a card which uses 2 factor authentication when accessing the account app, which allows you to set instant transaction notifications, and which has easy ways to freeze, unfreeze and cancel your card with your phone.

When you’re planning your trip to Bali, bear in mind that cash is still a primary payment method, and many merchants and public service providers won’t accept a card. You’ll want a travel card which allows low cost cash withdrawals so you’ve always got some IDR in your pocket - and you can also keep hold of your card as a convenient back up in case of emergency too. Choose a card with no ongoing fees and no inactivity costs, so you can use it for your next trip abroad to get the most possible use out of it.

Ways to pay in Bali

Cash and card payments - including contactless, mobile wallet, debit, credit and prepaid card payments - are the most popular ways to pay globally.

In Bali cash is a very popular payment method. While you may find cards are accepted in major hotels and chain stores or very busy tourist areas, many merchants prefer cash. Make sure you’ve always got some IDR in cash in your wallet by making ATM withdrawals with your travel card whenever you need to.

Which countries use IDR?

You’ll find that IDR can only be used in Bali. If you don’t travel to Bali frequently it’s worth thinking carefully about how much to exchange so you’re not left with extra foreign currency after your trip. Or pick a travel card from a provider like Wise or Revolut which lets you leave your money in USD and convert at the point of payment with no penalty.

What should you be aware of when travelling to Bali

You’re sure to have a great time in Bali - but whenever you’re travelling abroad it's worth putting in a little advance thought to make sure everything is organised and your trip goes smoothly. Here are a few things to think about:

1. Double check the latest entry requirements and visas - rules can change abruptly, so even if you’re been to Bali before it’s worth looking up the most recent entry requirements so you don’t have any hassle on the border

2. Cash is a widespread payment method - so you’ll need some IDR in your pocket when you travel to Bali. You can sort out your travel money by visiting an exchange office here in the US, or you can wait until you arrive and make an ATM withdrawal in IDR at the airport when you land. Bear in mind that currency exchange at exchange offices at the airport, either in the US or in Bali can be expensive - so if you’re carrying USD in cash and need to exchange it, head into a town centre to do so.

3. Get clued up on any health or safety concerns - get travel insurance before you leave the US so you have peace of mind. It’s also worth reading up on any common scams or issues experienced by tourists. These tend to change over time, but may include things like rip off taxis or tour agents which don’t offer fair prices or adequate services.

Conclusion - Best travel cards for Bali

Ultimately the best travel card for your trip to Bali will depend on how you like to manage your money. Use this guide to get some insights into the most popular options out there, and to decide which may suit your specific needs.

FAQ - best travel cards for Bali

When you use a travel money card you may find there’s an ATM withdrawal fee from your card issuer, and there may also be a cost applied by the ATM operator. Some of our travel cards - like the Wise and Revolut card options - have some no fee ATM withdrawals every month, which can help keep down costs.

Travel money cards may be debit, prepaid or credit cards. Which is best for you will depend on your personal preferences. Debit and prepaid cards are usually pretty cheap and secure to spend with, while credit cards may have higher fees but often come with extra perks like free travel insurance and extra reward points.

There’s no single best prepaid card for international use. Look out for one which supports a large range of currencies, with good exchange rates and low fees. This guide can help you compare some popular options, including Wise, Revolut and Monzo.

Yes, you can use your local debit card when you’re overseas. However, it’s common to find extra fees apply when spending in foreign currencies with a regular debit card. These can include foreign transaction fees and international ATM charges.

Usually having a selection of ways to pay - including a travel card, your credit or debit card, and some cash - is the best bet. That means that no matter what happens, you have an alternative payment method you can use conveniently.

Yes. Most travel debit cards have options to make ATM withdrawals. Check the fees that apply as card charges do vary a lot. Some cards have local and international fees on all withdrawals, while others like Wise and Revolut, let you make some no fee withdrawals monthly before a fee kicks in.

Both Visa and Mastercard are globally accepted. Look out for the logo on ATMs and payment terminals in Bali.

The cards you see on this page are ordered as follows:

For card providers that publish their exchange rates on their website, we used their USD / IDR rate to calculate how much Indonesian Rupiah you would receive when exchanging / spending $4,000 USD. The card provider offering the most IDR is displayed at the top, the next highest below that, and so on.

The rates were collected at 15:54:21 GMT on 19 February 2024.

Below this we display card providers for which we could not verify their exchange rates. These are displayed in alphabetical order.

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Find the best credit card for you

New wells fargo business card: earn $500 and unlimited 2% cash rewards with no annual fee, wells fargo rolls out a business card with no annual fee and tons of value..

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Information about the Signify Business Cash℠ Card by Wells Fargo has been collected independently by Select and has not been reviewed or provided by the issuer of the card prior to publication.

The Wells Fargo Signify Business Cash Card s tands out in the business cash-back card space by giving unlimited cash rewards without charging an annual fee. It gets even better if you also have a consumer Wells Fargo credit card that unlocks access to the new Wells Fargo travel partners, such as the no-annual-fee Wells Fargo Autograph℠ Card (see rates and fees ) or the Wells Fargo Autograph Journey℠ Visa® Card .

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Alternative cards

Overall, the Signify Business Cash Card compares favorably to similar business credit cards that earn cash back. The American Express Blue Business Cash™ Card earns 2% cash back on up to $50,000 per year (then 1% back). Its welcome offer is a $500 statement credit you earn after spending $8,000 in purchases on your card in the first three months after account opening. The Wells Fargo Signify Business Cash card earns an unlimited 2% in cash rewards and its bonus has the same value as the Blue Business Cash (even though the Wells Fargo card has a smaller spending requirement) .

The American Express Blue Business Cash™ Card

Earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1% cash back earned is automatically credited to your statement

Earn a $250 statement credit after you make $3,000 in purchases on your Card in your first 3 months.

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You can move the cash-back rewards you earn with the Ink Business Unlimited to a Chase credit card that allows point transfers, such as the Chase Sapphire Preferred® Card . While the Signify Business Cash offers the same path to transferring cash rewards, Wells Fargo's travel rewards program is new and it has a far less robust list of transfer partners. If you can maximize Chase's travel partners , it's possible to squeeze more value out of the Ink Business Unlimited despite its slightly lower cash-back rate.

Ink Business Unlimited® Credit Card

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Best No-Annual-Fee Credit Cards of May 2024

Some of the card offers on this site are from companies who are advertising clients of U.S. News. Advertising considerations may impact where and in what order offers appear on the site but do not affect any editorial decisions, such as which card products we write about and how we evaluate them. Terms apply.

Best Credit Cards With No Annual Fee of May 2024

• Discover it® Miles : Best feature: Travel rewards.
• Citi Rewards+® Card : Best feature: Two points per dollar spent at gas stations.
• Discover it® Cash Back : Best feature: Cash back on everyday purchases.
• Blue Cash Everyday® Card from American Express : Best feature: Cash back on everyday purchases.
• Chase Freedom Unlimited® : Best feature: Flexible cash back rewards.

A no-annual-fee credit card does not charge you each year simply for using the card but still comes with a variety of perks and benefits. You really can have a terrific card without needing to worry about whether your rewards offset the yearly fee. Terms apply.

U.S. News' Best No-Annual-Fee Cards of May 2024

See all of our credit cards here .

On This Page

• Best No-Annual-Fee Cards
• When to Get a No-Annual-Fee Card

Commonly Compared Credit Cards With No Annual Fee :

Popular categories:.

Chase Freedom Unlimited®

Discover it® Cash Back

Blue Cash Everyday® Card from American Express

0% Introductory APR Credit Cards

Cash Back Credit Cards

Rewards Credit Cards

When Should You Get a No-Annual-Fee Card?

A credit card with no annual fee could make the most sense for you, depending on your spending habits and needs. This type of credit card can be a good pick when:

• You can't afford the extra cost. Although you may not pay an annual fee, be aware that no-annual-fee credit cards may charge other fees, such as late fees, balance transfer fees and foreign transaction fees .
• You're not a big spender. Generally, a card with an annual fee provides more perks than a card without one, and the higher the fee, the better the benefits. However, you will need to be able to earn enough rewards to offset the annual fee, regardless of whether you use all the benefits.
• You need a starter or credit-builder card. Whether you want to build or rebuild credit, you can find many no-annual-fee cards to help you achieve your aims. This type of credit card does not require a strategy for earning rewards to offset the annual fee, which means you could keep the card open at no cost, even after you upgrade.
• You would like a card with a 0% introductory annual percentage rate. You don't need to pay extra for 0% APR credit cards , even ones with long introductory offers.
• You want to diversify your wallet. If you are an experienced credit user with only top-tier cards in your wallet, you might like to add a no-annual-fee card.

What Are the Downsides of No-Annual-Fee Credit Cards?

While paying no annual fee certainly has its advantages, be sure to consider the downsides:

• Don't expect top-tier perks. While not always the case, the most lavish benefits usually accompany credit cards that charge a higher annual fee. These perks may include free airline flights, statement credits, complimentary airport lounge visits and concierge service, among others.
• Plan to pay a higher interest rate. The money you save on the annual fee might be lost if you carry a balance or use your card for cash advances, as you'll likely pay a higher interest rate.
• Look out for higher fees. Be sure your no-annual-fee credit card doesn't charge more for cash advances, balance transfers or foreign transactions if you anticipate needing any of these services.

How Do No-Annual-Fee Credit Cards Compare With Their Annual-Fee Counterparts?

You might be willing to fork over an annual fee for your credit card if the value of your rewards and benefits outweighs the fee. Generally, cards that charge annual fees come packed with perks, and you can come out ahead despite the cost.

No matter what type of credit card you want, be sure to compare options with and without annual fees. These examples can show you how an annual fee may – or may not – pay off.

• Capital One QuicksilverOne Cash Rewards Credit Card vs. Capital One Platinum Credit Card These cards are designed for consumers with at least fair credit and will consider the cardholder for a higher credit line in as little as six months. Both also offer zero fraud liability, and neither charges a foreign transaction fee. The Capital One QuicksilverOne Cash Rewards Credit Card has a $39 annual fee and earns 1.5% cash back on every purchase. The Capital One Platinum Credit Card does not charge an annual fee, but it doesn't earn rewards.
• Capital One VentureOne Rewards Credit Card vs. Capital One Venture Rewards Credit Card Both of these travel rewards cards allow users to transfer miles to the cardholder's choice of more than 15 travel loyalty programs. The Capital One VentureOne Rewards Credit Card doesn't charge an annual fee, and it earns 1.25 miles per dollar on every purchase, plus 5 miles per dollar on rental cars and hotels booked through Capital One Travel. The Capital One Venture Rewards Credit Card has a $95 annual fee and earns 2 miles per dollar on every purchase, plus 5 miles per dollar on rental cars and hotels booked through Capital One Travel. Additional benefits offered by the Capital One Venture Rewards Credit Card include up to a $100 credit for Global Entry or TSA PreCheck.

What to Consider Before Switching to a Credit Card With No Annual Fee

For cardholders who no longer want to pay an annual fee, switching to a no-fee card can be as simple as contacting your credit card issuer. But before you do, here are a few things to keep in mind:

• Know what will happen to your points. If you want to stay with the same issuer and just downgrade to a card with no annual fee, your points might be unaffected. However, if you plan to close the account and open a card from a different issuer, you may forfeit any points you've earned. The easy solution is to use your points before making a move to another card. But keep in mind that closing an account can lower your credit score.
• Know when you're eligible to switch. You probably will not be able to downgrade your card within the first year the account is open. Ask your issuer if you aren't sure.
• Don't be afraid to shop around. Closing a credit card account can lower your credit score, but you can still look for the best no-annual-fee card you can qualify for if you have very good credit – a FICO score of 740 to 799 – and can afford to take a small hit to your score.
• If you downgrade, stipulate to the issuer that you don't want to apply again. Be clear about this point so that the customer service representative doesn't perform a hard inquiry on your credit, which can damage your credit score.

Why Should You Consider Downgrading to a No-Annual-Fee Credit Card?

If a card with a big annual fee is collecting dust in your wallet and you can't justify the cost, you may want to downgrade to a no-annual-fee card that better suits your spending habits. Switching from one type of credit card to another with the same issuer, whether you are downgrading or upgrading, is known as a product change.

Asking for a product change rather than canceling your account avoids hurting your credit utilization ratio – the percentage of your total available credit you use – and credit history length, which can affect your credit score.

You could be ready to downgrade to a card with no annual fee if:

• You aren't using a card much. If you aren't earning many rewards or making the most of perks, keeping a card with an annual fee doesn't make sense.
• You are paying for two similar cards that both charge annual fees. You could downgrade the one you use the least.
• You need to reduce your spending. When you experience a life change that affects your finances, such as a job loss or an addition to your family, you may no longer be able to justify paying an annual fee for a credit card.
• You've found a card that works better for you. A product change ensures that you won't lose your available credit or credit history, which could damage your credit score.

How to Choose the Right No-Annual-Fee Credit Card for You

Consider your credit card needs and how you will use the card:

• What is the interest rate? If you plan to carry a balance or use the card for cash advances, this might be the most important question when choosing a card.
• What will I pay in fees? If you're considering a balance transfer or frequently travel outside of the country, look closely at the fees you'll pay.
• What additional benefits will I get? Is rental car insurance important to you? Would you like 100% fraud protection? Be sure to look at the extra benefits each potential card offers.

Best No-Annual-Fee Credit Cards Methodology

U.S. News has been helping consumers make money decisions for decades. For our Best No-Annual-Fee Credit Cards list, we consider issuer satisfaction data, rewards earning rate, annual percentage rate, introductory APR length for purchases and sign-up bonus value. Issuer satisfaction data is based on an annual nationwide U.S. News consumer survey.

Our top picks for cards that don’t charge an annual fee offer a range of rewards and benefits. Some credit cards earn cash back, others collect miles, and still others feature introductory APRs on purchases and balance transfers. You can explore which card might be a good fit based on your spending habits and goals.

No-Annual-Fee Credit Card FAQs

What does no annual fee mean.

A credit card with no annual fee does not charge you each year simply for having the card. An annual fee can help the issuer offset the cost of card benefits and features. Still, cards with no annual fees can provide plenty of value, sometimes offering rewards for each dollar you spend, 0% annual percentage rate offers, sign-up bonuses and more.

Can You Get a Card With No Annual Fee if You Have Bad Credit?

You'll find a few cards for bad credit with no annual fees, but they are exceptions. The best cards for people with bad credit are secured cards and cards for building or rebuilding your credit, which can help you upgrade to better cards if used responsibly. But a secured card requires a security deposit, which is typically equal to your line of credit, and some cards for people with bad credit have annual fees. Try to pick a card that charges no annual fee or a low annual fee and reports to all three major credit bureaus.

Are Credit Cards With No Annual Fees Worthwhile?

A credit card with no annual fee is the most economical choice, especially if you don’t plan to use your card often. But rest assured, the best cards with no annual fees do come with plenty of perks, such as 0% introductory APR, low interest rates and enticing rewards. These cards could deliver more value than cards with annual fees, depending on your spending habits.

When Are Annual Fees Worthwhile?

It depends on the value you get from the card. The sign-up bonus alone or even the right blend of benefits can cover the annual fee without factoring in rewards earnings, and generally, a no-annual-fee card doesn't have the same potential.

• The card has a sign-up bonus that makes up for the fee. The Citi Premier® Card , for instance, offers 60,000 bonus points after you spend after you spend $4,000 in purchases within the first 3 months of account opening. Plus, for a limited time, earn a total of 10 ThankYou ® Points per $1 spent on hotel, car rentals, and attractions (excluding air travel) booked on the Citi Travel ℠ portal through June 30, 2024 .
• The rewards you can earn from everyday spending and the benefits eclipse the fee. A card that charges an annual fee often comes with many valuable benefits, such as extended warranty protection, roadside assistance and rental car insurance. These benefits may not be available from cards that don't charge an annual fee.
• The card comes with travel perks worth more than the annual fee. With an airline credit card , the more you fly, the more valuable the card. A co-branded hotel credit card can be worth the annual fee for frequent travelers who want elite status and its perks, and general travel credit cards can provide big sign-up bonuses, annual travel credits and other benefits. For some users, simply getting points or miles and then redeeming them for travel can provide enough value to compensate for the annual fee.
• The only card you can qualify for charges an annual fee. Starter or secured credit cards can be an option if you are trying to build or rebuild credit, but some of these cards charge annual fees. A secured credit card also requires a deposit to establish the credit line.

Comparative assessments and other editorial opinions are those of U.S. News and have not been previously reviewed, approved or endorsed by any other entities, such as banks, credit card issuers or travel companies. The content on this page is accurate as of the posting date; however, some of our partner offers may have expired.

Beverly Harzog , Credit Card Expert

Beverly Harzog  is a nationally recognized personal finance and credit card expert for U.S. News & World Report. She’s the bestselling and award-winning author of five personal finance books. Harzog puts her expertise to practice in her personal life by saving thousands every year on travel and everyday expenses by using a combination of credit cards in various categories. Read more

Kara Coleman Fields , Editor

Kara Coleman Fields is an editor and writer on the Advice Products team, where she works on projects including Best Companies to Work For and Best Jobs. Previously, she wrote and edited SkillBuilder, loans and credit cards content for U.S. News. Prior to joining U.S. News, she worked for news outlets in Alabama and Tennessee. Read more

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