Which credit card has no international transaction charges?

Navigating the World of Credit Cards with No International Transaction Fees

In an increasingly globalized world, frequent travelers often face the inconvenience and added cost of international transaction charges on their credit cards. However, today, several credit card issuers offer excellent rewards programs combined with the added benefit of waiving these pesky fees.

Cards with Zero International Transaction Fees

1. Discover it® Miles

Discover it® Miles stands out as an ideal choice for travelers seeking rewards and no foreign transaction fees. With this card, you can earn 1.5 miles per dollar spent on all purchases, including those made overseas. The miles can be redeemed for travel, cash back, or gift cards.

2. Discover it® Chrome

Another solid option from Discover, the Discover it® Chrome card, offers 2% cash back on gas and restaurants up to $1,000 per quarter, in addition to eliminating international transaction charges. This card is particularly suitable for those who frequently make everyday purchases in these categories.

3. United Gateway℠ Card

The United Gateway℠ Card is a top choice for frequent fliers and members of United’s MileagePlus program. Not only does this card waive foreign transaction fees, but it also earns 1.5 miles per dollar spent on all United purchases and 2 miles per dollar on all other purchases.

4. IHG One Rewards

IHG One Rewards offers a range of credit cards that come with no international transaction charges. These cards are specifically designed for individuals who frequently stay at InterContinental Hotels Group properties and seek rewards for their loyalty.

Benefits of Choosing a Card with No Foreign Transaction Fees

• Cost savings: You can avoid the typical 3% or more foreign transaction fees charged by traditional credit cards, saving you money on international purchases and travel expenses.
• Convenience: With a card that waives foreign transaction fees, you can seamlessly use it anywhere in the world without worrying about additional charges.
• Peace of mind: Knowing that your credit card transactions abroad are not subject to extra fees provides peace of mind and allows you to budget more accurately.

Considerations

Before selecting a credit card with no international transaction fees, consider the following factors:

• Annual fees: Some cards may charge an annual fee, which may offset any savings from waived foreign transaction fees.
• Other benefits: Look for cards that offer additional benefits such as rewards, travel insurance, or perks that are valuable to your lifestyle.
• Your travel frequency: If you only travel occasionally, the savings from a card with no foreign transaction fees may not outweigh the potential annual fees or other benefits offered by different cards.

Conclusion

Whether you’re a seasoned traveler or an infrequent globetrotter, choosing a credit card that eliminates international transaction charges can save you significant amounts of money and streamline your overseas expenses. By considering the cards discussed in this article and aligning them with your travel habits and financial goals, you can maximize the benefits and enjoy hassle-free purchases in any corner of the world.