Which credit cards don't charge foreign exchange fees?

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Several credit cards offer significant perks without imposing foreign transaction fees. These include options focusing on cash-back rewards and others prioritizing travel benefits, all while remaining accessible with no annual fees. Smart choices can maximize travel value and minimize expenses abroad.
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Avoid Foreign Exchange Fees with These Credit Cards

When traveling abroad, foreign exchange fees can quickly add up and diminish the value of your trip. However, several credit cards waive these fees, allowing you to save money and maximize your travel experience.

Here are some of the best credit cards that don’t charge foreign exchange fees:

Cash-Back Rewards Cards:

  • Capital One Quicksilver Cash Rewards Credit Card: Earn 1.5% cash back on all purchases, including foreign transactions.
  • Discover it Cash Back: Earn 5% cash back on rotating categories, including travel expenses, and 1% cash back on all other purchases, with no foreign transaction fees.
  • Fidelity Rewards Visa Signature Card: Earn 2% cash back on all purchases, with no foreign transaction fees.

Travel Benefits Cards:

  • Chase Sapphire Preferred® Card: Earn 2 Ultimate Rewards® points per dollar spent on dining and travel, and 1 point per dollar on other purchases. No annual fee for the first year, then $95.
  • Citi Premier® Card: Earn 3 points per dollar spent on air travel, hotels, and restaurants, and 2 points per dollar on other purchases. No annual fee for the first year, then $95.
  • Marriott Bonvoy Boundless® Credit Card: Earn 6 points per dollar spent on Marriott properties, 2 points per dollar on other travel, and 1 point per dollar on all other purchases. No annual fee.

No Annual Fee Cards:

  • Capital One Platinum Credit Card: No rewards or foreign transaction fees, making it a simple and convenient option for those who value low maintenance.
  • Discover it Student Cash Back: Earn 5% cash back on rotating categories, including travel expenses, and 1% cash back on all other purchases, with no foreign transaction fees. Requires good credit.
  • Deserve® EDU Mastercard for Students: No rewards or foreign transaction fees, designed specifically for students with less than perfect credit.

These credit cards offer a wide range of benefits and features, allowing you to choose the one that best suits your travel habits. By using a card that doesn’t charge foreign exchange fees, you can save money on your next trip abroad and maximize your travel experience.