What credit cards are out there that don’t charge fees for using them in foreign countries?
I am going out of the United States this upcoming summer for 3 months and would like to have a credit card on me that I will be able to use in Europe without being hit with transaction fees. Does anyone know of a credit card company that issues cards without charging an exponential amount of interest or transaction fees?
Tags: Cards, charge, countries, Credit, Dont, fees, foreign
Capital One issues some cards that do not charge additional fees for international transactions. Credit Unions often issue cards that do not charge international fees either.
Whatever card you travel with remember to contact the credit card issuer before you leave the USA to tell them when you are traveling and to what countries. Many issuers freeze your credit card once they start noticing foreign transactions, especially in some countries, to prevent fraud.
MBNA Platinum Plus (Mastercard and Visa) which is now owned by bank of america states that there is only a 1% fee which is the lowest I could find. Most are 2% added onto what the percentage all ready is. I actually talked to a person online from bank of america and part of the conversation I have pasted into the know your source.