A card with no foreign transaction fees allows you to make purchases abroad without the standard fee many other cards charge for foreign currency transactions. This can save you money when shopping or dining internationally. Be sure to check whether or not your card waives these fees, as they can add up quickly.

‍

No, not all travel cards waive foreign transaction fees. It’s important to check the terms before applying, especially if you plan to use the card outside the U.S. Cards that do offer this perk are typically designed for frequent travelers.

‍

Yes, you can use a card with no foreign transaction fees anywhere your card's payment network (like Visa or Mastercard) is accepted. This makes it ideal for international travel and online purchases from foreign retailers.

‍

Many cards with no foreign transaction fees allow you to earn rewards on all purchases, including those made internationally. Some even offer bonus points on specific categories like travel or dining abroad.

‍

When you use a card with no foreign transaction fees, your purchases are converted to U.S. dollars using the exchange rate set by the payment network (Visa, Mastercard, etc.). The absence of fees means you won’t pay anything extra on top of the exchange rate.

‍