Frequent International Traveler? Here Is A List of No Foreign Exchange Fee Credit Cards That Can Save You A Lot of Money!

SHAREShare on Facebook0Tweet about this on TwitterShare on Google+0Share on LinkedIn0Share on StumbleUpon0Pin on Pinterest4Email this to someone

Yesterday, we published an article about what a bad deal dynamic currency conversion is for a typical international traveler. Another bad deal is banks charging a 2 -3% foreign exchange fee for using your credit card internationally. For a long trip, that 2 – 3% can be a significant amount of money. The fee can be easily avoided with a no foreign exchange fee credit card.

Here is a list of no foreign exchange fee credit cards. Visa and Mastercard will still charge 1% fee even for cards that do not have a foreign exchange fee. We always use a no foreign exchange fee card when traveling internationally. It is much better than paying cash. However, not everyone travels internationally as frequently as us and getting a no foreign exchange fee credit card might not make sense since most carry a significant annual fee. In those cases, it is probably advisable to get a no foreign exchange card if cost of the foreign exchange fee is greater than your annual membership fee.

American Express:

  • American Express Platinum Charge Card – $450 annual fee. Free lounge access to American, Delta, US Air + 670 lounges globally, $200 annual airline credit, global entry fee reimbursed and many other benefits.

Capital One

  •  All Capital One credit cards have no foreign exchange fees

Chase

  • Chase British Airways – $95 annual fee. 2-for-1 certificate after $30,000 annual spend
  • Chase Continental Presidential Plus – $395 annual fee. Lounge access to Continental Presidential Club
  • Chase Hyatt Visa – $75 annual fee. One free hotel night certificate annually for category 1-4 hotels
  • Chase JP Morgan Select Visa – $95 annual fee, waived 1st year. Has primary rental car coverage
  • Chase Marriott Rewards Premier  – $85 annual fee, waived 1st year. One free hotel night certificate annually for category 1-5 hotels
  • Chase Priority Club Select – $49 fee, waived 1st year. One free hotel night certificate annually
  • Chase Sapphire Preferred – $95 annual fee, waived 1st year. 20% point discount on travel and 7% annual points bonus.

Citibank

  • Citi Executive AAdvantage – $450 annual fee. Almost American Gold Elite Status Benefits & lounge access
  • Citi ThankYou Premier – $125 annual fee, waived 1st year.
  • Citi ThankYou Prestige – $500 annual fee

PenFed

  • PenFed American Express – No Fee
  • PenFed Promise Visa – No Fee

======

To make sure you receive our latest deals, LIKE our  The Flight Deal Facebook Page, follow us on Twitter @TheFlightDeal, or subscribe to The Flight Deal RSS Feed or Subscribe via Email (Once a Day)

 

SHAREShare on Facebook0Tweet about this on TwitterShare on Google+0Share on LinkedIn0Share on StumbleUpon0Pin on Pinterest4Email this to someone

written by

The author didn‘t add any Information to his profile yet.

Comments are closed.

Leave a Reply

Want to join the discussion?
Feel free to contribute!
© Copyright - The Flight Deal

ADVERTISER DISCLOSURE: The offers that appear are from companies from which The Flight Deal receives compensation. This compensation may impact how and where products appear on this site, including, for example, the order in which they may appear within listing categories. Other factors, such as our own proprietary website rules and the likelihood of applicants' credit approval also impact how and where products appear on this site. The Flight Deal does not include the entire universe of available financial or credit offers

EDITORIAL DISCLOSURE: The editorial content on this site is not provided by the companies whose products are featured. Any opinions, analyses, reviews or evaluations provided here are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by the Advertiser.