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Here are the best no foreign transaction fee credit cards:

Best for easy travel redemption

Capital One® Venture® Rewards Credit Card
Apply Now on Capital One's secure site

Capital One® Venture® Rewards Credit Card

Apply Now on Capital One's secure site
  • Annual fee: $0 for the first year, then $95
  • Bonus offer: Enjoy a one-time bonus of 50,000 miles once you spend $3,000 on purchases within 3 months from account opening, equal to $500 in travel
  • What our experts like about it

Best for sign-up bonus

Chase Sapphire Preferred® Card
Apply Now on Chase's secure site

Chase Sapphire Preferred® Card

Apply Now on Chase's secure site
  • Annual fee: $0 for the first year, then $95
  • Bonus offer: Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
  • What our experts like about it

Best for cash back

Capital One® Quicksilver® Cash Rewards Credit Card
Apply Now on Capital One's secure site

Capital One® Quicksilver® Cash Rewards Credit Card

Apply Now on Capital One's secure site
  • Annual fee: $0
  • Bonus offer: One-time $150 cash bonus after you spend $500 on purchases within 3 months from account opening
  • What our experts like about it

Best for no annual fee

Bank of America® Travel Rewards Credit Card
Apply Now on Bank of America's secure site

Bank of America® Travel Rewards Credit Card

Apply Now on Bank of America's secure site
  • Annual fee: $0
  • Bonus offer: 20,000 online bonus points if you make at least $1,000 in purchases in the first 90 days - that can be a $200 statement credit toward travel purchases
  • What our experts like about it

Best for chip-and-PIN

Barclaycard Arrival Plus® World Elite Mastercard®
Apply Now on Barclaycard's secure site

Barclaycard Arrival Plus® World Elite Mastercard®

Apply Now on Barclaycard's secure site
  • Annual fee: $0 for the first year, then $89
  • Bonus offer: Enjoy 40,000 bonus miles after you spend $3,000 on purchases in the first 90 days — that's enough to redeem for a $400 travel statement credit toward an eligible travel purchase
  • What our experts like about it
Our pick for

Easy travel redemption

Capital One® Venture® Rewards Credit Card

Capital One® Venture® Rewards Credit Card

Apply Now on Capital One's secure site

Intro APR Promotions

N/A

APR

  • APR: 13.99% - 23.99% Variable APR
  • Cash Advance APR: 23.99%, Variable

Annual Fee

$0 for the first year, then $95

Bonus Offer

Enjoy a one-time bonus of 50,000 miles once you spend $3,000 on purchases within 3 months from account opening, equal to $500 in travel

  • Enjoy a one-time bonus of 50,000 miles once you spend $3,000 on purchases within 3 months from account opening, equal to $500 in travel
  • Earn unlimited 2X miles per dollar on every purchase, every day
  • Fly any airline, stay at any hotel, anytime
  • Travel when you want with no blackout dates
  • Miles won't expire for the life of the account and there's no limit to how many you can earn
  • No foreign transaction fees
  • $0 intro annual fee for the first year; $95 after that
  • Get a metal Venture Card when you apply today
Bonus value
$500
Annual fee
$95
waived first year
Recommended credit score
690
850
Good - Excellent
We like it for
Travel statement credit Simple flat-rate rewards Foreign travel Large sign-up bonus

Benefits

This card has long been the champion of flexible travel rewards and has set the standard for a slew of similar cards. Its relatively low annual fee and high flat-rate rewards keep it at the top. It earns 2 miles per $1 spent on all purchases, and miles can be redeemed for 1 cent each as a credit against most travel expenses — including hotel stays and airfare booked through any travel site, as well as timeshares, cab fares and cruises. You can also book travel directly through Capital One. Compared with other travel cards that offer 2%, this one offers the lowest annual fee. It also comes with a generous sign-up bonus.

Drawbacks

Bottom line

Our pick for

Sign-up bonus

Chase Sapphire Preferred® Card

Chase Sapphire Preferred® Card

Apply Now on Chase's secure site

Intro APR Promotions

N/A

APR

  • APR: 16.99% - 23.99% Variable APR
  • Cash Advance APR: 25.99%, Variable

Annual Fee

$0 for the first year, then $95

Bonus Offer

Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®

  • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • Earn 5,000 bonus points after you add the first authorized user and make a purchase in the first 3 months from account opening
  • No foreign transaction fees
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 50,000 points are worth $625 toward travel
  • No blackout dates or travel restrictions - as long as there's a seat on the flight, you can book it through Chase Ultimate Rewards
Bonus value
$0
Annual fee
$95
waived first year
Recommended credit score
690
850
Good - Excellent
We like it for
Foreign travel Transferring rewards Large sign-up bonus Wow factor

Benefits

What really sets this card apart is its enormous sign-up bonus and rewards transfer options. The bonus: Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards® When using the card, you’ll earn 2 points per $1 spent on travel and dining, and 1 point per $1 everywhere else. Points are generally worth 1 cent, but they’re worth 25% more when used to book travel through Chase Ultimate Rewards. They can also be transferred at 1:1 rate to several loyalty programs, including Southwest Airlines, United Airlines, and Hyatt hotels. Finally, we should mention that fans of this card love the high-end impression it makes when they pull it out — it’s made of metal, not plastic.

Drawbacks

Bottom line


Our pick for

Cash back

Capital One® Quicksilver® Cash Rewards Credit Card

Capital One® Quicksilver® Cash Rewards Credit Card

Apply Now on Capital One's secure site

Intro APR Promotions

0% on Purchases and Balance Transfers for 9 months

APR

  • APR: 13.99% - 23.99% Variable APR
  • Cash Advance APR: 23.99%, Variable

Annual Fee

$0

Bonus Offer

One-time $150 cash bonus after you spend $500 on purchases within 3 months from account opening

  • One-time $150 cash bonus after you spend $500 on purchases within 3 months from account opening
  • Earn unlimited 1.5% cash back on every purchase, every day
  • Use your Quicksilver card and get 50% back as a statement credit on your monthly Spotify Premium subscription, now through April 2018
  • No rotating categories or sign-ups needed to earn cash rewards; plus, cash back won't expire for the life of the account and there's no limit to how much you can earn
  • 0% intro APR on purchases for 9 months; 13.99%-23.99% variable APR after that
  • Balance transfers also have a 0% intro APR for 9 months; 13.99%-23.99% variable APR after that; a 3% fee applies to each balance transferred
  • Pay no annual fee or foreign transaction fees
Bonus value
$150
Annual fee
$0
Recommended credit score
690
850
Good - Excellent
We like it for
Cash back Simple flat-rate rewards No minimum redemption Balance transfers

Benefits

The best cash back cards make rewards easy to redeem, and this card does that better than most: There’s no minimum redemption for cash back. That’s music to a frugal traveler’s ears. This card also comes with an excellent 0% APR period and a fair cash back sign-up bonus: One-time $150 cash bonus after you spend $500 on purchases within 3 months from account opening. You can get your cash back rewards as a check or statement credit. Among cash back cards with no foreign transaction fees, it offers the best rewards and benefits and is widely accepted overseas.

Drawbacks

Bottom line

Our pick for

No annual fee

Bank of America® Travel Rewards Credit Card

Bank of America® Travel Rewards Credit Card

Apply Now on Bank of America's secure site

Intro APR Promotions

0% on Purchases for 12 billing cycles

APR

  • APR: 15.99% - 23.99% Variable APR
  • Penalty APR: up to 29.99% APR
  • Cash Advance APR: See Terms

Annual Fee

$0

Bonus Offer

20,000 online bonus points if you make at least $1,000 in purchases in the first 90 days - that can be a $200 statement credit toward travel purchases

  • Earn unlimited 1.5 points per $1 spent on all purchases, with no annual fee and no foreign transaction fees and your points don't expire
  • 20,000 online bonus points if you make at least $1,000 in purchases in the first 90 days - that can be a $200 statement credit toward travel purchases
  • Use your card to book your trip how and where you want – you’re not limited to specific websites with blackout dates or restrictions
  • Redeem points for a statement credit to pay for flights, hotels, vacation packages, cruises, rental cars, or baggage fees
  • Comes with chip technology for enhanced security and protection at chip-enabled terminals
  • 0% Introductory APR for 12 billing cycles for purchases, then 15.99% - 23.99% Variable APR
  • Get an additional 10% customer points bonus on every purchase when you have an active Bank of America® checking or savings account
  • If you’re a Preferred Rewards client, you can increase that bonus to 25% - 75%
Bonus value
$200
Annual fee
$0
Recommended credit score
690
850
Good - Excellent
We like it for
Loyalty bonus Travel statement credit No annual fee Simple flat-rate rewards FICO score for free

Benefits

This card gives you many of the perks of a travel card without the price tag: It has an annual fee of $0. It also happens to have one of the broadest definitions of “travel” in the industry. You’ll get 1.5 points per $1 spent on anything. You can redeem travel credit at 1 cent per point to cover travel expenses — not just flights, hotels and other routine expenses, but also the cost of visiting an amusement park, an aquarium or a fortuneteller. The sign-up offer adds 20,000 online bonus points if you make at least $1,000 in purchases in the first 90 days - that can be a $200 statement credit toward travel purchases. Bank of America® customers with an active checking or savings account can earn 10% more points, and if you maintain high balances in affiliated accounts, you can earn 25% to 75% more through the Preferred Rewards program.

Drawbacks

Bottom line

Our pick for

Chip-and-PIN

Barclaycard Arrival Plus® World Elite Mastercard®

Barclaycard Arrival Plus® World Elite Mastercard®

Apply Now on Barclaycard's secure site

Intro APR Promotions

0% on Balance Transfers for 12 months (on balance transfers made within 45 days of account opening)

APR

  • APR: 16.99%, 20.99% or 23.99% Variable APR
  • Cash Advance APR: 26.24%, Variable

Annual Fee

$0 for the first year, then $89

Bonus Offer

Enjoy 40,000 bonus miles after you spend $3,000 on purchases in the first 90 days — that's enough to redeem for a $400 travel statement credit toward an eligible travel purchase

  • Enjoy 40,000 bonus miles after you spend $3,000 on purchases in the first 90 days — that's enough to redeem for a $400 travel statement credit toward an eligible travel purchase
  • Earn 2X miles on all purchases
  • Get 5% miles back to use toward your next redemption, every time you redeem
  • Miles don't expire as long as your account is open, active and in good standing
  • No foreign transaction fees on purchases made while traveling abroad
  • 0% introductory APR for 12 months on Balance Transfers made within 45 days of account opening. After that, a variable APR will apply, 16.99%, 20.99% or 23.99%, based on your creditworthiness. There is a fee for balance transfers.
Bonus value
$400
Annual fee
$89
waived first year
Recommended credit score
720
850
Excellent
We like it for
Self-serve terminals abroad Simple flat-rate rewards Travel statement credit Free FICO score

Benefits

With the chip-and-PIN-enabled Barclaycard Arrival Plus® World Elite Mastercard®, you’ll be able to pay by card just about anywhere abroad — even at parking meters, toll roads and subway kiosks that might not take chip-and-signature cards. Among cards in the U.S. with chip-and-PIN capability, it also boasts the largest sign-up bonus: Enjoy 40,000 bonus miles after you spend $3,000 on purchases in the first 90 days — that's enough to redeem for a $400 travel statement credit toward an eligible travel purchase. You earn 2 miles per dollar spent on all purchases, and get a 5% bonus toward your next redemption when you redeem. Miles can be redeemed as a credit against travel purchases — just book your travel, pay with the card and then claim your credit.

Drawbacks

Bottom line

Top credit card issuers’ foreign transaction fees

Here’s a look at the standard foreign transaction fees charged by major U.S. credit card issuers. It’s important to note that many issuers waive the foreign transaction fee on certain cards, including the ones listed above. Some major issuers don’t charge foreign transaction fees on any of their cards.

American Express 2.7%
Bank of America® 3%
Barclaycard 3%
Capital One 0%
Chase 3%
Citi 3%
Discover 0%
U.S. Bank 3% (2% for transactions in U.S. dollars)
Wells Fargo 3%

Our methodology

NerdWallet’s credit cards team selects cards in each category based on overall consumer value. Factors in our evaluation include fees, promotional and ongoing APRs, and sign-up bonuses; for rewards cards, we consider earning and redemption rates, redemption options and redemption difficulty. A single card is eligible to win in multiple categories.

Updated Aug. 2, 2017.

Claire Tsosie is a staff writer at NerdWallet, a personal finance website. Email: claire@nerdwallet.com. Twitter: @ideclaire7.