If you are a frequent traveler, you must be aware that not all credit cards are good for purchases outside the United States. As many credit cards tag on extra expenses onto the purchases made in the foreign country . The best no-foreign transaction fee credit cards are the viable solution to save all the additional money. The amount that the credit card issuer usually charges is in the range of 1-3% and the amount might not seem a big deal , but when you spend on the smaller item , the additional charges will seem huge .
The great way to avoid foreign transaction fee is to choose a suitable travel card that fit well with your needs and budget. Many of airline credit cards are also regarded as the best no foreign transaction fee credit cards as they give you plenty of options among with the travel perks. Some of the credible credit card issuers like Discover and Capital One don’t charge these expenses on the cards. Without further ado , lets dig deeper into the details of each card.
Table of Contents
Quick Summary – Best No Foreign Transaction Fee Credit Cards for 2024
- Capital One SavorOne Cash Rewards Credit Card – Overall best no annual and foreign transaction fee credit card
- Chase Sapphire Preferred® Card – Great value no foreign fee credit card
- Chase Sapphire Reserve® – Best no foreign transaction fee credit cards with travel benefits
- Bank of America® Travel Reward Credit Card – Best and simple travel rewards credit card
- Capital One Venture X rewards Credit Card – Best flat rate credit card with no foreign transaction fee
Charting the Best No Foreign Transaction Fee Credit Cards for 2024
| Credit Card | Annual Fee | Regular APR | Foreign Transaction Fee | Greatest Perk |
| Capital One SavorOne Cash Rewards Credit Card | $0 | 15.99% – 25.99% | 0% | 3% cash back on dining, entertainment, groceries, and gas |
| Chase Sapphire Preferred® Card | $95 | 15.99% – 25.99% | 0% | 2x points on travel and dining, and 5x points on Lyft rides through March 2025 |
| Chase Sapphire Reserve® | $550 | 15.99% – 25.99% | 0% | $300 annual travel credit, Priority Pass Select membership, and up to $100 credit for Global Entry or TSA PreCheck® |
| Bank of America® Travel Rewards credit card | $0 | 15.99% – 25.99% | 0% | Unlimited 1.5x points on all purchases, which can be redeemed for statement credits towards travel |
| Capital One Venture X rewards Credit Card | $395 | 15.99% – 25.99% | 0% | 2x miles on all purchases, which can be redeemed for statement credits towards travel, or transferred to 15+ airline and hotel partners |
1. Capital One SavorOne Cash Rewards Credit Card
| Annual Fee | $0 |
| Foreign Transaction Fee | None |
| Rewards Rate | 1 %-10% |
| Introductory Offer | $200 |
| Credit Score | Good to Excellent (690-850) |
This card garnered the top position among the best no foreign transaction fee credit cards and is good for foodies, sports fans, adventure seekers, and movie lovers. One reason to prefer this card is that it offers unlimited 4% cash back on entertainment, dining, and streaming purchases. This card offers competitive rewards for all the popular spending categories for the users to benefit from it in every possible way.
In brief, the Capital One SavorOne Cash Rewards Credit Card offers complimentary concierge services on purchases and comes with no annual fee making it the perfect card to keep in your wallet.
Highlights of the No#1 and Best No Foreign Transaction Fee Credit Cards
-  Earn a total of $3000 cash bonus after you spend a total of $3,000 on purchases in the first 3 months
- With one of the best no foreign transaction fee credit cards, you can earn 8% cash back on purchases that you made through the Capital One Entertainment ticketing platform
-  Earn unlimited 5% cash back on rental cars and hotels that are booked through Capital One Travel
- The Capital One SavorOne Cash Rewards Credit Card offers 4% cashback on dining , entertainment and major streaming services
-  Earn unlimited 3% cashback at grocery stores like Target and Walmart
- Get unlimited 1% cashback on all other purchases
-  No rotating categories to keep tabs on and additionally cash back wont expire
2. Chase Sapphire Preferred® Card
| Annual Fee | $95 |
| Foreign Transaction Fee | None |
| Rewards Rate | 1x- 5x |
| Introductory Offer | 60,000 points |
| Credit Score | Good to Excellent (690-850) |
he Chase Sapphire Preferred® Card is the best in class credit card that is loaded with multiple travel perks . As a traveler , if you would have to buy stuff and make purchases for your loved ones , you don’t have to worry as this is among the best no foreign transaction fee credit cards. This card can help you earn the Chase Ultimate Reward points that are regarded as one of the greatest travel chest to collect
Chase Sapphire Preferred® Card also provides rental car insurance, which is a little pricey add in a minimal annual fee. In brief, this card is good for those who are looking for great sign-up bonus and opportunities to transfer the points to the loyalty programs.
Highlights of the No#2 and Best No Foreign Transaction Fee Credit Cards
- With this card, you get the chance to earn 60,000 bonus points after spending a total of $4,000 in the first 3 months o account opening
-  Cardholders can earn 5 points per dollar on travel that is purchased through Chase Ultimate Rewards®
- Earn 3 points per dollar on selected streaming services , dining and other grocery purchases
- Earn 2 points per dollar on all the other travel purchases
- Â Get unlimited 1 point per dollar on all other purchases
- Get 10% anniversary points bonus
- With one of the best no foreign transaction fee credit cards enjoy annual credit of $50 on hotel stays that are booked through Chase Ultimate Rewards®
- Â The rewards can be redeemed with an increased value of 25% when booked through the Chase Ultimate Rewards
- Provides 1 to 1 point transfer for selected hotels and airline partners such as United and Hyatt
Best Airline Credit Cards to Win Awards
 If you are a heavy spender and have the urge to travel to different parts of the globe, you can opt for credit cards that offer greater rewards. The travel rewards are in the form of miles for travel , travel insurance , cashbacks to facilitate a large user base. You can check the details of each card to opt a suitable option for yourself.
3. Chase Sapphire Reserve®
| Annual Fee | $550 |
| Foreign Transaction Fee | None |
| Rewards Rate | 1x- 10x |
| Introductory Offer | 60,000Â bonus points |
| Credit Score | Good to Excellent (690-850) |
For those who want to travel in comfort and luxury, Chase Sapphire Reserve® card is for you . This card being in the list of best no foreign transaction fee credit card offers the travelers to shop and chill around while securing rewards and no fee. Although the card has a high annual fee but the elevated rewards justify its total charges. It offers annual credit, airport lounge access and other top-notch travel protections.
This card is first-class option, this card stands tall on the podium in the category of travel rewards. In brief, not only does it offer flexible rewards but also has robust reward program for users to benefit from it in the best possible ways.
Highlights of the No#3 and Best No Foreign Transaction Fee Credit Cards
- With this card you can earn 60,0000 bonus points after spending a total of $ 4,000 in the first 3 months. When you redeem these points through Chase Ultimate Rewards you get $900 travel rewards
- With one of the best no foreign transaction fee credit cards, you get $300 annual travel credit for travel purchases on each card anniversary
-  Earn 5x points on flights and 10x points on car rentals and hotels when purchased through Chase Ultimate Rewards®. The mandatory condition for this is that you have to spend $300 annually on travel purchases
- Â This card can get you 3x points on dining and travel purchasesÂ
- Â Get 1 point per dollar on all the other purchases
-  Point holds 50% more value when they are redeemed through the Chase Ultimate Rewards®
- Â 1:1Â point transfer ratio to the leading airline and hotel partners
- Provides access to 1300+ airport lounge after one-time enrollment in the Priority Pass
-  Provides free travel insurance that includes reimbursement of travel cancellation and interruption fees, auto rental collision, baggage lost, and more
4. Bank of America® Travel Reward Credit Card
| Annual Fee | $0 |
| Foreign Transaction Fee | None |
| Rewards Rate | 1.5x |
| Introductory Offer | 25,000 bonus points |
| Credit Score | Good to Excellent (690-850) |
For all the travelers who have a specific budget , the Bank of America® Travel Reward Credit Card is a perfect fit for you . With no annual fee charges, this card offers excellent value to the users. Anyone who is traveling abroad can benefit from it as it offers no foreign transaction fee for balance transfer and other purchases.
Overall , the card is above average in offering travel perks and it’s the compelling option in the list of best no foreign transaction fee credit cards. With the easy reward structure, you can reap the benefits for the enhanced rewards program . In brief , anyone looking for travel card with easy to digest earning , there is no better option than this card.
Highlights of the No#4 and Best No Foreign Transaction Fee Credit Cards
-  Get a chance to earn unlimited 1.5 points on all the purchases you make with no expiration date to redeem points
- Â Get 25,000Â bonus points after you make purchases of at least $1,000 in the first 90 days. Further it can be availed in the form of $250Â statement credit towards the travel purchases
-  This card can be utilized to book a trip from any website without particular restrictions and blackout dates
-  Easy redemption of points for travel , dining purchases that includes hotel stays , car , flights , vacation rentals , baggage fee and more
- Being in the list of the best no foreign transaction fee credit cards, it also offers 0% introductory APR for the whole 15 billing cycles and then the regular APR of 18.24% – 28.24% is applicable
- This one is the contactless card with the security of chip and convenience of tap
5. Capital One Venture X rewards Credit Card
| Annual Fee | $395 |
| Foreign Transaction Fee | None |
| Rewards Rate | 1x-10x |
| Introductory Offer | 75,000 miles |
| Credit Score | Excellent (750-850) |
Heavy of the pocket? Yes it may seems a bad option when you stare at the pricing but the premium travel perks it brings are worth it . The card is packed with the extra benefits that put it as a strong contender among the best no foreign transaction fee credit cards. As the earning points on the card are pretty straightforward people opt for the option to earn greater miles on travel.
This card has historically won awards for its ease of use and offers the highest travel perks one can imagine. With this card, you can easily purchase any travel, and when the total bills comes out , you can easily apply miles towards the purchases.Â
Highlights of the No#5 and Best No Foreign Transaction Fee Credit Cards
- With one of the premium card in the list of best no foreign transaction fee credit cards, you can earn 75,000 miles when you spend a total of $4,000 on purchases in the first 3 months that is equal to $750 as travel reward
-  Get $300 annual credit for all the bookings through the Capital One Travel , where you get the best prices for ticketing
- Earn 1,000 bonus miles every year on each account anniversary
- With one of the best no foreign transaction fee credit cards earn 10x miles on hotels and car rentals that are booked through Capital One Travel
- Earn 5X miles on the flights that are booked through Capital One Travel
- Earn unlimited 2X miles on all the other purchases
- Get access to 1300+ lounges including the elite Partner Lounge Network and Capital One Lounges for you and two other guests
-  Get up to $100 as credit for the Global Entry or TSA Precheck®
- Elevate your stay at hotel with the Premier of lifestyle collections and have elevated benefits like room upgrades, experience credit and more
 Frequently Asked Questions
 Which cards don’t charge a foreign transaction fee?
 Among the best no foreign transaction fee credit cards, the best overall card with no annual and foreign transaction fee is Capital One SavorOne Cash Rewards Credit Card
Do all Visa cards charge foreign transaction fees?
Yes, all Visa cards usually charge a foreign transaction fee that ranges from 1%-3%. Regardless of what type of Visa card you opt, the fee is applicable on all of them.Â
 Which card offer greatest perk in least foreign transaction fee ?
 If you are low on budget and is looking for a great card with no foreign transaction and annual fee, look no further than Bank of America® Travel Reward Credit Card. It provides unlimited 1.5 points on all the purchases you make.
