Credit cards make travel much easier — and possibly much more rewarding if you pick the right travel credit card for you. First and foremost, credit cards make payment in foreign countries a breeze. There’s no need to convert currency at a bank when your credit card will do it for you instantly at the point of purchase.
That convenience can come with a cost, however. While credit card currency conversion rates rival those of banks, many cards will charge a foreign transaction fee. Those fees might be a flat amount like $5, but others might charge 3% to 5% of all your purchases, which could add up to hundreds of dollars if you’re using your card for hotels, restaurants and car rentals.
A card that waives all foreign transaction fees can make a huge difference when traveling internationally. Read on to discover our top-rated partner offers for the best credit cards with no foreign transaction fees.
Intro OfferEarn 80,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That’s $1,000 when you redeem through Chase Ultimate Rewards®.
APR16.24% – 23.24% Variable
Recommended Credit Excellent/Good
- 5x on travel purchased through Chase Ultimate Rewards®
- 3x on dining.
- 2x on all other travel purchases, plus more.
Annual Fee$95
Intro Purchase APRN/A
Balance Transfer Fee Either $5 or 5% of the amount of each transfer, whichever is greater.
Balance Transfer APR16.24% – 23.24% Variable
Foreign Transaction Fees $0
Penalty APR Up to 29.99%
- 5x on travel purchased through Chase Ultimate Rewards®
- 3x on dining.
- 2x on all other travel purchases, plus more.
Our Take
The Chase Sapphire Preferred Card is our overall top pick for the best credit card with no foreign transaction fee. It beats all the other cards reviewed for sign-up bonuses (80,000 points after spending $4,000 in the first three months, which is valued at $1,000 for travel booked through Chase) and travel booking flexibility. It tops the list as an excellent travel rewards credit card thanks to points that can be transferred to partner airline or hotel loyalty sites at a 1:1 ratio. Plus, booking travel through the Chase Ultimate Rewards website gets you the most mileage from your points — up to 25% more.
Earn 5x points on travel booked through Chase Ultimate Rewards, 3x points on dining, online groceries, food delivery and select streaming services, 2x on all other travel purchases and 1x on other purchases. It’s a great way to rack up points — without worrying about foreign transaction fees — if you travel and dine out frequently.
Check out more details in our full review of the Chase Sapphire Preferred Card.
Unlimited Cashback Match with no foreign transaction fees
Intro OfferIntro Offer: Unlimited Cashback Match – only from Discover. Discover will automatically match all the cash back you’ve earned at the end of your first year. There’s no minimum spending or maximum rewards. You could turn $150 cash back into $300.
APR12.24% – 23.24% Variable
Recommended Credit Average/Good/Excellent
- Earn 5% cash back on everyday purchases at different places each quarter like Amazon.com, grocery stores, restaurants, gas stations and when you pay using PayPal, up to the quarterly maximum when you activate.
- Earn 1% unlimited cash back on all other purchases – automatically.
Annual Fee$0
Intro Purchase APR0% for 15 months
Intro Balance Transfer APR0% for 15 months
Balance Transfer Fee 3% intro balance transfer fee, up to 5% fee on future balance transfers (see terms)*
Balance Transfer APR12.24% – 23.24% Variable
Late Payment Fee None the first time you pay late. After that, up to $41.
Foreign Transaction Fees None
- Earn 5% cash back on everyday purchases at different places each quarter like Amazon.com, grocery stores, restaurants, gas stations and when you pay using PayPal, up to the quarterly maximum when you activate.
- Earn 1% unlimited cash back on all other purchases – automatically.
Our Take
The Discover it® Cash Back* is a low-fee credit card that offers a high potential for cash-back earnings. There is no annual or foreign transaction fee to worry about. All purchases earn you at least 1% cash back. However, you could earn higher rewards when you take advantage of the rotating quarterly category bonuses upon activation — like restaurant and grocery store purchases — of 5% cash back (on up to $1,500 in quarterly purchases, then 1%). Best of all, Discover will match your cash back earnings at the end of the first year through its Cashback Match offer, essentially doubling your first year’s worth of rewards.
Check out more details in our full review of the Discover it Cash Back.
A flat-rate travel rewards card
Intro OfferNew Venture cardholders can earn 75,000 miles once they spend $4,000 on purchases within 3 months from account opening
APR16.24% – 24.24% (Variable)
Recommended Credit Excellent, Good
- 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
- Earn unlimited 2X miles on every purchase, every day.
Annual Fee$95
Intro Purchase APRN/A
Intro Balance Transfer APRN/A
Balance Transfer Fee $0 at this Transfer APR
Balance Transfer APR16.24% – 24.24% (Variable)
Late Payment Fee Up to $40
Foreign Transaction Fees None
Penalty APR None
- 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
- Earn unlimited 2X miles on every purchase, every day.
Our Take
Capital One loads the Venture Rewards Credit Card with plenty of travel perks to offset the $95 annual fee. Travel anywhere without any foreign transaction fees and earn 2x unlimited miles on all purchases. In addition, Capital One awards you up to a $100 statement credit for Global Entry or TSA PreCheck to help you speed through the airport lines. Venture Miles earned can be redeemed on flights and hotels or used to pay for Amazon.com and PayPal purchases. You can also transfer miles to over 15 hotel and airline programs.
Check out our full review of the Capital One Venture Rewards Credit Card.
No annual fee and other travel rewards
Intro Offer25,000 online bonus points after you make at least $1,000 in purchases in the first 90 days of account opening – that can be a $250 statement credit toward travel purchases.
APR14.24% – 24.24% Variable APR on purchases and balance transfers
Recommended Credit Excellent/Good
- Earn unlimited 1.5 points per $1 spent on all purchases, with no annual fee and no foreign transaction fees and your points don’t expire
Annual Fee$0
Intro Purchase APR0% for 15 billing cycles
Balance Transfer Fee Either $10 or 3% of the amount of each transaction, whichever is greater.
Balance Transfer APR14.24% – 24.24% Variable APR on purchases and balance transfers
Late Payment Fee See Terms
Foreign Transaction Fees None
Penalty APR up to 29.99% APR
- Earn unlimited 1.5 points per $1 spent on all purchases, with no annual fee and no foreign transaction fees and your points don’t expire
Our Take
Bank of America’s Travel Rewards card doesn’t come with foreign transaction fees or an annual fee. Most low-fee cards are typically no-frills, but the Bank of America Travel Rewards credit card* provides cardholders with plenty of value. You’ll earn 1.5 points for every dollar you spend, with no limit. When it’s time to redeem points, there are no blackout dates or website limitations. Book travel from anywhere and apply the points as a statement credit to cover the charge. In addition, the introductory no-interest offer for purchases made in the first 15 billing cycles (14.24% to 24.24% variable APR thereafter) can provide you with some wiggle room to spread out your card payments without incurring fees.
For building credit while overseas
Intro OfferN/A
APR26.99% (Variable)
Recommended Credit Average, Fair, Limited
- 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
- Earn unlimited 1.5% cash back on every purchase, every day
Annual Fee$39
Intro Purchase APRN/A
Intro Balance Transfer APRN/A
Balance Transfer Fee $0 at this Transfer APR
Balance Transfer APR26.99% (Variable)
Late Payment Fee Up to $40
Foreign Transaction Fees None
Penalty APR None
- 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
- Earn unlimited 1.5% cash back on every purchase, every day
Our Take
Most cards with low fees and perks are reserved for individuals with stellar credit. The Capital One QuicksilverOne Cash Rewards Credit Card fills an important gap by giving people with limited or fair credit a chance to get started or build with responsible use. Use this card wisely — you’ll automatically get considered for a credit limit increase as soon as six months from approval, potentially boosting your credit score. Spend wisely, enjoy the cash back, make your payments on time and take advantage of unlimited access to your credit report through CreditWise. You’ll start to see over time how good financial decisions can impact your credit.
FAQs
What are foreign transaction fees and when are they charged?
Card issuers or banks charge foreign transaction fees to cover the cost of exchanging a purchase from the foreign currency to US dollars. If you make a purchase in foreign currency, it’s likely you will be charged for the conversion unless you have a no-transaction-fee credit card.
One way to avoid having to pay a foreign transaction fee when you’re traveling abroad is to choose to pay in US dollars. Many store credit card terminals will recognize your foreign card and prompt you to choose whether you’d like to pay in the local currency or US dollars. If you choose local currency, you may have to pay your bank or card issuer the transaction fee to exchange it. However, if you choose to pay in US dollars, there is no conversion to be performed.
Keep in mind that if you choose to pay in US dollars, you may save on the transaction fee but the foreign merchant bank may still tack on a commission for the exchange. The best way to avoid unnecessary fees is to pay with a credit card with no transaction fees.
Which credit cards work worldwide?
Mastercard, Visa, American Express and Discover are the four major credit card processors. Visa and Mastercard are the two most widely accepted credit cards across the world and your best bet if you intend on traveling overseas and paying for goods with a credit card.
American Express may be popular in the US, but it’s not as widely accepted abroad. Discover is even less accepted than American Express outside of the US. To be safe, it’s a good idea to carry a Mastercard or Visa as a backup if your primary card is an American Express or Discover.
Do I need a chip-and-pin credit card when traveling?
Most of Europe has adopted the chip-and-pin credit card system, which eliminates swiping of magnetic strips and signatures. Instead, card readers will prompt you to insert the card (or tap it for touch-free transactions) to read the chip and prompt you for a PIN as a form of verification. Before you travel overseas, ask your card issuer for a chip card. Otherwise, you may have trouble using a mag-stripe credit card for purchases abroad.
Tips for using a credit card when traveling internationally
Before you get on an airplane, there are a few steps you should take:
- If you have a mag stripe card, request a chip credit card from your card provider in advance of your trip.
- Set up a travel alert with your card issuer to notify them of what countries you will be visiting or your card may be flagged for fraud.
- Take two credit cards and keep them in separate places, in case your wallet is lost or stolen.
- Sign up for email or text alerts about charges to monitor your card purchases.
- Use a credit card with no foreign transaction fees.
- If your card has no transaction fees and you’re prompted to choose the payment currency, choose to pay in local rates instead of dollars — you’ll get your bank’s wholesale exchange rate, which would be more favorable than the merchant’s.
- Get familiar with the exchange rate for the country you’re visiting so you have an idea of how much you’re actually spending.
Our methodology
CNET reviews credit cards by exhaustively comparing them across set criteria developed for each major category, including cash-back, welcome bonus, travel rewards and balance transfer. We take into consideration the typical spending behavior of a range of consumer profiles — with the understanding that everyone’s financial situation is different — and the designated function of a card.
For cash-back credit cards, for example, key factors include the annual fee, the “welcome bonus” and the cash-back rate (or rates, if they differ by spending category). For rewards and miles cards, we calculate and weigh the net monetary value of a card’s respective perks. And with balance transfer credit cards, we analyze specs such as the duration of the introductory 0% APR period and the balance transfer fee, while acknowledging secondary factors such as the standard APR and the length of time you have to make a balance transfer after you open the account.
Cards researched
- Chase Sapphire Preferred® Card
- Discover it® Cash Back
- Discover it® Miles
- Discover it® chrome
- Delta SkyMiles® Gold American Express Card
- Capital One Venture Rewards Credit Card
- The Platinum Card® from American Express
- Capital One Platinum Secured Credit Card
- Southwest Rapid Rewards® Premier Credit Card
- Bank of America® Travel Rewards credit card
- Citi® / AAdvantage® Executive World Elite Mastercard®
- American Express® Gold Card
- Capital One QuicksilverOne Cash Rewards Credit Card
- IHG® Rewards Premier Credit Card
- United℠ Explorer Card
- Petal® 1 “No Annual Fee” Visa® Credit Card
- Capital One SavorOne Cash Rewards Credit Card
- Hilton Honors American Express Card
- Marriott Bonvoy Bold® Credit Card
- U.S. Bank Altitude® Connect Visa Signature® Card
- Mastercard® Titanium Card™
*All information about the Discover it Cash Back and the Bank of America Travel Rewards credit card has been collected independently by CNET and has not been reviewed by the issuer.
The editorial content on this page is based solely on objective, independent assessments by our writers and is not influenced by advertising or partnerships. It has not been provided or commissioned by any third party. However, we may receive compensation when you click on links to products or services offered by our partners.