Home » Top Picks » Best No Foreign Transaction Fee Credit Cards – June 2021

Best No Foreign Transaction Fee Credit Cards – June 2021

Best No Foreign Transaction Fee Credit Cards – June 2021

*Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It may not have been reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through a credit card issuer partnership.

This article was last updated May 29, 2021. Terms and conditions may have changed. For the most accurate information, please consult the issuer website.

When you’re looking for your best credit card for international travel, you’ll want a card with no foreign transaction fees. This is a fee that’s charged every time you use your card outside the United States, and is often around 3% of the purchase. A CompareCards.com study on foreign transaction fees found that nearly half of all credit cards assess this type of fee.

Based on our research of cards available through CompareCards, as well as top cards offered by major issuers, we selected seven of the best cards with no foreign transaction fees. We chose cards that offer strong rewards rates and offer cardholders valuable benefits.

Best overall travel card: Chase Sapphire Preferred® Card

  • Our best offer ever! Earn 100,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,250 when you redeem through Chase Ultimate Rewards®.

  • 2X points on dining at restaurants including eligible delivery services, takeout and dining out and travel & 1 point per dollar spent on all other purchases worldwide

  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 100,000 points are worth $1,250 toward travel.

Highlights
  • Our best offer ever! Earn 100,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,250 when you redeem through Chase Ultimate Rewards®.
  • Earn 2X points on dining including eligible delivery services, takeout and dining out and travel. Plus, earn 1 point per dollar spent on all other purchases.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 100,000 points are worth $1,250 toward travel.
  • With Pay Yourself BackSM, your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories.
  • Get unlimited deliveries with a $0 delivery fee and reduced service fees on eligible orders over $12 for a minimum of one year with DashPass, DoorDash's subscription service. Activate by 12/31/21.
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
  • Get up to $60 back on an eligible Peloton Digital or All-Access Membership through 12/31/2021, and get full access to their workout library through the Peloton app, including cardio, running, strength, yoga, and more. Take classes using a phone, tablet, or TV. No fitness equipment is required.

See additional details for Chase Sapphire Preferred® Card

More Info

Why we like it: Earn 2X points on dining at restaurants including eligible delivery services, takeout and dining out and travel & 1 point per dollar spent on all other purchases worldwide. Our best offer ever! Earn 100,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,250 when you redeem through Chase Ultimate Rewards®.

You can also earn 5X points on Lyft rides through March 2022.

One of this card’s best features is that it earns Chase Ultimate Rewards® points, and when you redeem points for travel through the Ultimate Rewards portal, you get 25% more value.

You can also transfer points at a 1:1 value to the following travel partners:

  • Aer Lingus AerClub
  • British Airways Executive Club
  • Emirates Skywards
  • Flying Blue AIR FRANCE KLM
  • Iberia Plus
  • JetBlue TrueBlue
  • Singapore Airlines KrisFlyer
  • Southwest Airlines Rapid Rewards
  • United MileagePlus
  • Virgin Atlantic Flying Club
  • IHG Rewards Club
  • Marriott Bonvoy
  • World of Hyatt

And the card comes with the following travel benefits:

  • $0 foreign transaction fees
  • Trip cancellation and trip interruption insurance
  • Baggage delay insurance
  • Trip delay reimbursement
  • Travel and emergency assistance services
  • Auto rental collision damage waiver

Annual fee: The Chase Sapphire Preferred® Card charges a $95 annual fee.

Best for flat-rate 2X miles: Capital One Venture Rewards Credit Card

  • Enjoy a one-time bonus of 60,000 miles once you spend $3,000 on purchases within 3 months from account opening, equal to $600 in travel

  • 2 Miles per dollar on every purchase, every day

  • Receive up to $100 application fee credit for Global Entry or TSA Pre✓®

Highlights
  • Enjoy a one-time bonus of 60,000 miles once you spend $3,000 on purchases within 3 months from account opening, equal to $600 in travel
  • Earn unlimited 2X miles on every purchase, every day
  • Miles won't expire for the life of the account and there's no limit to how many you can earn
  • Receive up to $100 application fee credit for Global Entry or TSA Pre✓®
  • Redeem on travel—including flights, vacation rentals, car rentals and more. Plus transfer your miles to over 15+ travel loyalty programs
  • No foreign transaction fees

See additional details for Capital One Venture Rewards Credit Card

More Info

Why we like it: The Capital One Venture Rewards Credit Card earns miles at an excellent flat rate of 2 miles per dollar on every purchase, every day. Plus, when you use this card to make hotel and car rental purchases through Capital One Travel, you’ll earn 5 miles per $1 spent. You can also enjoy a one-time bonus of 60,000 miles once you spend $3,000 on purchases within 3 months from account opening, equal to $600 in travel. As for foreign transaction fees? There are none.

It’s easy to redeem miles, too, since you can either use them to book new travel through Capital One or use them to cover a past purchase via the Purchase Eraser feature. Note that when using Purchase Eraser, it must be within 90 days of the date your purchase posts to your account.

Miles can also be transferred to several airline and hotel loyalty programs.

Finally, you can receive an application fee credit of up to $100 every four years as reimbursement for the Global Entry or TSA Precheck application fee when you pay with this card.

Annual fee: There is an annual fee of $95.

Best for international dining and travel: American Express® Green Card

Why we like it: Earn 3X Membership Rewards® Points on Restaurants worldwide, including takeout and delivery. Additionally, earn 3X Membership Rewards® points on all eligible travel, from subway swipes and window seats to hotel stays and city tours.. There’s no limit on how many points you can earn, and your points don’t expire — though they can be forfeited for a variety of reasons, including late payments and card account closure.

Plus, earn 30,000 Membership Rewards® points after you spend $2,000 on purchases on your new Card in your first 3 months. You can redeem points in a variety of ways, including booking or upgrading travel, or transferring points to any of the 22 airline and hotel travel partners with American Express.

Finally, the card offers the following travel credits and benefits:

  • Foreign transaction fees: None
  • A statement credit of up to $100 per calendar year for CLEAR, a service which uses your eyes and fingerprints to confirm your identity, allowing you to move through security more quickly at certain airports and stadiums. However, it should be noted a CLEAR Plus membership costs $179 per year ($15 per month), which is more than the up to $100 statement credit.
  • Trip delay insurance.
  • Car rental loss and damage insurance.
  • Baggage insurance plan.
  • Global assist hotline.
  • Terms Apply.

Annual fee: The American Express® Green Card has a $150 annual fee.

To see rates & fees for American Express® Green Card please click here.

Best for cash back: Capital One Quicksilver Cash Rewards Credit Card

  • Unlimited 1.5% Cash Back on every purchase, every day

  • 0% intro on purchases for 15 months, then 15.49% - 25.49% (Variable)

  • No minimums for redeeming and cash back won't expire for the life of the account

Highlights
  • One-time $200 cash bonus after you spend $500 on purchases within 3 months from account opening
  • Earn unlimited 1.5% cash back on every purchase, every day
  • 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 for 15 months; 15.49%-25.49% variable APR after that
  • Pay no annual fee or foreign transaction fees

See additional details for Capital One Quicksilver Cash Rewards Credit Card

More Info

Why we like it: If you’re looking for a cashback card with $0 annual fee and foreign transaction fees of none, take a look at the Capital One Quicksilver Cash Rewards Credit Card card.

With it you’ll earn 1.5% cash back on every purchase, every day. Plus, you can earn a one-time $200 cash bonus after you spend $500 on purchases within 3 months from account opening. Your rewards don’t expire for the life of the account and you can redeem your cash back for any amount.

The Capital One Quicksilver Cash Rewards Credit Card also offers an APR of 0% intro on purchases for 15 months. After that, an APR of 15.49% - 25.49% (variable) applies.

Annual fee: While the Capital One Quicksilver Cash Rewards Credit Card has a $0 annual fee, there are credit cards that offer more than 1.5% cash back also without an annual fee — you can find rates of 2% cash back for flat-rate cards and 5% cash back for cards with rotating quarterly categories. However, those cards may charge a foreign transaction fee.

Best for no annual fee: Bank of America® Travel Rewards credit card

  • 25,000 online bonus points after you make at least $1,000 in purchases in the first 90 days of account opening

  • Redeem points for a statement credit to pay for travel or dining purchases, such as flights, hotel stays, car and vacation rentals, baggage fees, and also at restaurants including takeout

  • 1.5 points per $1 spent on all purchases, with no annual fee and no foreign transaction fees and your points don't expire

Highlights
  • 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 
  • 25,000 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 
  • Use your card to book your trip how and where you want - you're not limited to specific websites with blackout dates or restrictions 
  • Redeem points for a statement credit to pay for travel or dining purchases, such as flights, hotel stays, car and vacation rentals, baggage fees, and also at restaurants including takeout 
  • 0% Introductory APR for 12 billing cycles for purchases. After the intro APR ends, 13.99% - 23.99% Variable APR will apply 
  • If you're a Preferred Rewards member, you can earn 25% - 75% more points on every purchase. That means you could earn up to 2.62 points for every $1 spent. 
  • Contactless Cards - The security of a chip card, with the convenience of a tap 

See additional details for Bank of America® Travel Rewards credit card

More Info

Why we like it: For those who want a straightforward, no-hassle travel card, the Bank of America® Travel Rewards credit card might fit the bill. You can 1.5 points per $1 spent on all purchases, with no annual fee and no foreign transaction fees and your points don't expire. And if you’re a member of Bank of America’s Preferred Rewards program, you can earn 25% to 75% more points on every purchase.

Plus, earn 25,000 online bonus points after you make at least $1,000 in purchases in the first 90 days of account opening.

Annual fee: While the Bank of America® Travel Rewards credit card has a $0 annual fee, some of the other cards on this list offer higher rewards rates for categories like travel and dining in exchange for paying an annual fee.

Best for lounge access: The Platinum Card® from American Express

The Platinum Card® from American Express

Apply Now

on American Express's secure site

Terms Apply

Rates & Fees

  • Earn 100,000 Membership Rewards® Points after you spend $6,000 on purchases on the Card in your first 6 months of Card Membership.

  • Earn 10x points on eligible purchases on the Card at restaurants worldwide and when you Shop Small in the U.S., on up to $25,000 in combined purchases, during your first 6 months of Card Membership.

  • 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 available to Basic Card Member only.

Highlights
  • Earn 100,000 Membership Rewards® Points after you spend $6,000 on purchases on the Card in your first 6 months of Card Membership.
  • Plus, earn 10x points on eligible purchases on the Card at restaurants worldwide and when you Shop Small® in the U.S., on up to $25,000 in combined purchases, during your first 6 months of Card Membership.
  • 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.
  • Earn 5X Membership Rewards® Points on prepaid hotels booked with American Express Travel.
  • $200 Hotel Credit: Get $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®.
  • $240 Digital Entertainment Credit: Get up to $20 in statement credits each month when you pay for eligible purchases with the Platinum Card® at your choice of one or more of the following providers: Peacock, Audible, SiriusXM, and The New York Times. Enrollment required.
  • New! American Express has expanded The Centurion® Network to include 40+ Centurion Lounge and Studio locations worldwide. Now there are even more places your Platinum Card® can get you complimentary entry and exclusive perks.
  • $200 Airline Fee Credit: Get up to $200 in statement credits per calendar year in baggage fees and more at one qualifying airline.
  • $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 available to Basic Card Member only.
  • $300 Equinox Credit: Get up to $25 back each month on select Equinox memberships. Enrollment required.
  • $179 CLEAR® Credit: Use your Card and get up to $179 back per year on your CLEAR® membership.
  • $695 annual fee.
  • Terms Apply.
  • See Rates & Fees

See additional details for The Platinum Card® from American Express

More Info

Why we like it: The Platinum Card® from American Express offers unparalleled lounge access thanks to the Global Lounge Collection, letting you get into more than 1,200 airport lounges across 130 countries.

It also comes with generous travel benefits upon enrollment, such as:

    • An airline fee credit of up to $200 per year.
    • Uber VIP status and up to $200 each year in Uber Cash.
    • A statement credit of up to $100 for Global Entry or TSA Precheck. You can earn it once every four-and-a-half years for Global Entry or once every four years for TSA Precheck.
    • Marriott Bonvoy Gold Elite status.
    • Hilton Honors Gold status.
    • Car rental loss and damage insurance.
    • Access to the Premium Global Assist Hotline.
    • Terms Apply.

Finally, the rewards and welcome offer are solid. Earn 5X Membership Rewards® points on flights booked directly with airlines or with American Express Travel on up to $500,000 on these purchases per calendar year and 5X Membership Rewards® points on prepaid hotels booked with American Express Travel. Terms apply. And earn 100,000 Membership Rewards® Points after you spend $6,000 on purchases on the Card in your first 6 months of Card Membership. You can redeem points in a variety of ways, including booking or upgrading travel, or transferring your points to any of the 22 airline and hotel travel partners with American Express.

Annual fee: All these benefits come at a cost. There’s a $695 annual fee for The Platinum Card® from American Express. If you want to add authorized users, there’s a total annual fee of $175 for up to three additional cards; then a $175 annual fee for each additional card after that.

To see rates & fees for The Platinum Card® from American Express please click here.

Best for business travel: Ink Business Preferred℠ Credit Card

  • Earn 100,000 bonus points after you spend $15,000 on purchases in the first 3 months from account opening.

  • Earn 3 points per $1 on the first $150,000 spent in combined purchases on travel, shipping purchases, Internet, cable and phone services, advertising purchases made with social media sites and search engines each account anniversary year. Earn 1 point per $1 on all other purchases—with no limit to the amount you can earn.

  • Points are worth 25% more when you redeem for travel through Chase Ultimate Rewards

Highlights
  • Earn 100k bonus points after you spend $15,000 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 Ultimate Rewards®
  • 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
  • With Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring
  • 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 Ultimate Rewards®
  • Purchase Protection covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account
  • $95 Annual Fee

See additional details for Ink Business Preferred℠ Credit Card

More Info

Why we like it: Earn 3 points per $1 on the first $150,000 spent in combined purchases on travel, shipping purchases, Internet, cable and phone services, advertising purchases made with social media sites and search engines each account anniversary year. Earn 1 point per $1 on all other purchases—with no limit to the amount you can earn.

There’s also a great sign-up bonus: Earn 100,000 bonus points after you spend $15,000 on purchases in the first 3 months from account opening.

One of the key features about this card is that it earns Chase Ultimate Rewards points, and your points are worth 25% more value when redeemed for travel via the Ultimate Rewards portal.

If you prefer to transfer your points, you can do so at a 1:1 value to these partners:

  • Aer Lingus AerClub
  • British Airways Executive Club
  • Emirates Skywards
  • Flying Blue AIR FRANCE KLM
  • Iberia Plus
  • JetBlue TrueBlue
  • Singapore Airlines KrisFlyer
  • Southwest Airlines Rapid Rewards
  • United MileagePlus
  • Virgin Atlantic Flying Club
  • IHG Rewards Club
  • Marriott Bonvoy
  • World of Hyatt

The card also comes with the following travel benefits:

  • $0 foreign transaction fee.
  • Trip cancellation and trip interruption insurance.
  • Auto rental collision damage waiver.
  • Roadside dispatch.

You can also get employee cards at no cost and earn rewards on purchases your employees make.

Annual fee: The Ink Business Preferred℠ Credit Card charges a $95 annual fee.

The information related to the American Express® Green Card has been independently collected by CompareCards and has not been reviewed or provided by the issuer of this card prior to publication. Terms apply to American Express credit card offers. See americanexpress.com for more information. 


Recommended Posts:

Read More

Best Hotel Credit Cards for June 2021

If you typically stay at hotels or resorts when you travel, you may want to consider a hotel-branded credit card. In addition to offering benefits such as early check-in, late check-out, free WiFi, the potential for upgraded rooms and more, hotel credit cards could allow cardholders to earn points that can be used toward free […]

Read More