I'm wondering if all credit cards charge fees for foreign transactions. I'm planning to use my card abroad and want to know if I should expect any additional charges.
5 answers
Chiara
Mon Oct 28 2024
Visa and Mastercard impose a fee of 1% on banks for handling overseas purchases.
Filippo
Mon Oct 28 2024
Numerous U.S. card issuers add an extra layer of charges ranging from 1-2% to this base fee.
KatanaSharp
Mon Oct 28 2024
Typically, the combined foreign transaction fee averages around 3% for most cardholders.
CryptoLodestarGuard
Sun Oct 27 2024
Among the major credit card providers, Capital One stands out for offering a distinct advantage.
KimchiQueenCharmingKissWarmth
Sun Oct 27 2024
Capital One credit cards do not impose any foreign transaction fees, making them an exceptional choice for travelers.