Credit Cards with No Foreign Transaction Fee (FTF) (2015.11 Updated)

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When using your credit cards abroad, you usually need to pay a 2%~3% Foreign Transaction Fee (FTF). Some credit cards, however, won’t charge Foreign Transaction Fee, thus are very suitable for using abroad. Here are some common credit cards with No Foreign Transaction Fee.

Note: Except for the Foreign Transaction Fee, Visa / MasterCard may also charge Dynamic Currency Conversion (DCC) Fee, which can be avoided by using local currency instead of US Dollars. See this FlyerTalk Thread for detailed discussion.

Debit Cards

Although these two cards are not credit cards, we still want to mention them because they are so useful! No convenience fee on ANY ATM WORLDWIDE! No annual fee. No minimal deposit requirement. This is really a no-brainer. Everyone should consider getting one of them.

Credit Cards with No Annual Fee

Rewards Credit Cards

Airline Credit Cards

Hotel Credit Cards

All Premium Credit Cards

Summary

Credit cards are not widely accepted in every country, so Charles Schwab Debit Card and Fidelity Visa Gold Check Card are sometimes extremely useful since you can get cash from them. It’s always good to bring them.

Discover it is a no-brainer choice, and no credit history is required to get it (see Credit Cards for No Credit History). But Discover is not as widely accepted as Visa and MasterCard.

Legacy Citi Forward is a great card. If you have it, don’t even consider the cards below. It’s a pity that it’s no longer available for new applications.

BoA Travel RewardsCapital One VentureOneCapital One Quicksilver, and Barclaycard Arrival are all credit cards with no annual fee and no foreign transaction fee. You can choose one from them since they are very similar.

The other credit cards with annual fee are not always worth keeping. Please check if you need them based on your personal situation. See more details in the review of each credit card.


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