Are you tired of being hit with unexpected foreign transaction fees when using your credit card abroad? Look no further than these top picks for the best no-foreign transaction fee credit cards on the market.
Canadian Credit Card With No Foreign Transaction Fee
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Capital One Venture Rewards Credit Card (Canadian Credit Card With No Foreign Transaction Fee)
The Capital One Venture Rewards Credit Card offers a generous rewards program, with 2 miles earned for every dollar spent on purchases. Plus, there are no foreign transaction fees to worry about. Additionally, cardholders can take advantage of a one-time bonus of 50,000 miles once they spend $3,000 on purchases within the first 3 months.
Chase Sapphire Preferred Card (Canadian Credit Card With No Foreign Transaction Fee)
The Chase Sapphire Preferred Card is a popular choice among travelers, offering 2 points per dollar spent on travel and dining purchases, and 1 point per dollar spent on all other purchases. There are also no foreign transaction fees, and cardholders can redeem their points for travel through the Chase Ultimate Rewards program. Plus, new cardholders can earn a bonus of 80,000 points after spending $4,000 on purchases in the first 3 months.
Citi Premier Card (Canadian Credit Card With No Foreign Transaction Fee)
The Citi Premier Card offers a great rewards program, with 3 points earned per dollar spent on travel, including gas stations, and 2 points earned per dollar spent on dining and entertainment. Plus, there are no foreign transaction fees. Additionally, new cardholders can earn a bonus of 60,000 points after spending $4,000 on purchases in the first 3 months.
Hilton Honors American Express Card (Canadian Credit Card With No Foreign Transaction Fee)
The Hilton Honors American Express Card is a great choice for those who frequently stay at Hilton properties. Cardholders can earn 7 Hilton Honors Bonus Points per dollar spent on Hilton purchases, 5 points per dollar on airline and car rental purchases, and 3 points per dollar on all other purchases. Plus, there are no foreign transaction fees. Additionally, new cardholders can earn a bonus of 150,000 Hilton Honors Bonus Points after spending $1,000 on purchases in the first 3 months.
Starwood Preferred Guest Credit Card from American Express (Canadian Credit Card With No Foreign Transaction Fee)
The Starwood Preferred Guest Credit Card from American Express is a great choice for those who frequently stay at Starwood properties. Cardholders can earn 6 points per dollar spent on Starwood purchases, and 2 points per dollar spent on all other purchases. Plus, there are no foreign transaction fees. Additionally, new cardholders can earn a bonus of 75,000 points after spending $3,000 on purchases in the first 3 months.
Conclusion (Canadian Credit Card With No Foreign Transaction Fee)
When traveling abroad, having a credit card that doesn’t impose unexpected foreign transaction fees is crucial. Fortunately, there are several top picks for the best no-foreign transaction fee credit cards that not only waive these fees but also provide attractive rewards programs and bonuses, making them an excellent choice for any traveler.
One of the key advantages of these credit cards is their ability to save you money on foreign transaction fees, which are typically a percentage of each transaction made in a foreign currency. By using a credit card that doesn’t charge these fees, you can avoid unnecessary expenses and maximize your spending power while traveling internationally.
Moreover, many of these no-foreign transaction fee credit cards come with additional benefits that cater specifically to travelers. These may include travel rewards programs that allow you to earn points or miles for every dollar spent on eligible purchases, such as flights, hotels, and dining. These accumulated rewards can then be redeemed for various travel-related expenses, such as airfare, hotel stays, or even statement credits.
Furthermore, some of these credit cards offer enticing sign-up bonuses, where you can earn a substantial number of bonus points or miles after meeting certain spending requirements within a specified timeframe. These bonuses can jumpstart your rewards earnings and provide even greater value when used for travel-related expenses.
When selecting a no-foreign transaction fee credit card, it’s essential to consider other factors as well. These may include the card’s overall acceptance, the quality of customer service provided by the card issuer, any annual fees associated with the card, and additional travel-related perks such as travel insurance, airport lounge access, or concierge services.
By carefully reviewing and comparing the available options, you can choose a no-foreign transaction fee credit card that aligns with your travel habits and financial goals. Whether you’re a frequent traveler or simply planning a one-time trip abroad, having a credit card that offers generous rewards and avoids foreign transaction fees can significantly enhance your travel experience while saving you money.
