There are globs of best credit cards with no foreign transaction fees out there that offer various additional perks like sign-up bonuses and rewards points etc in parallel with no charges on transactions in the foreign land. For the people traveling overseas frequently, it is essential to have a credit card that has no foreign transaction fees in order to handle the expenses efficiently.

Here is the list of some of the best credit cards with no foreign transaction fees to choose for your next pick:

1. Chase Sapphire Preferred Credit Card
Chase Sapphire Preferred Credit Card is people favorite for offering amazing perks and charging no foreign transaction fees. It allows you to earn 50,000 of sign up bonus points which are approximately $625 of rewards for spending $4000 in the very first 3 months. You get to earn 2 points on every dollar spent on travel or restaurant dinings and 1 point on every dollar spent elsewhere. They have a 17.24% – 24.24% Variable APR and charges no annual fees for the first year. After that, you have to pay $95 annually to avail its services. There is no expiration date for the miles earned and you can redeem them any hotel or airline irrespective of the brand.

2. Capital One Venture Rewards Credit Card
It is one of the best credit cards with no foreign transaction fees. You can enjoy a sign-up bonus of 50,000 miles for spending $3,000 in the very first 3 months. The credit card allows you to earn 2 points for every dollar you spent anywhere per day. They also offer 10 miles on every dollar spent on hotel bookings at hotel.com. The Capital One Venture Rewards Credit Card has a 14.24% – 24.24% Variable APR and the annual service fee is waived off for the first year. After that, you have to pay $95 annually to pursue its services. The points are redeemable anywhere without any expiration date.

3. Bank of America Travel Rewards Credit Card
This credit card offers 20,000 online bonus miles which is approximately $200 worth of statement credit that you can only redeem after spending $1,000 in the very first 3 months of opening the account. They do not charge any foreign transaction fees and the best perk is that they have no annual fees for the card services. You can earn up to 1.5 points for every dollar you spent on purchases. If you are an active member of Bank of America, you are eligible for additional 10% points as a consumer bonus. The points can be redeemed in any hotel, airline or dining irrespective of the brand and have a lifetime validity.

4. Starwood Preferred Guest Credit Card from American Express
2015 was the year when this one got onto the list of the best credit cards with no foreign transaction fees after making it $0 from the previously existing 2.7%. The card offers various other perks such as a sign-up bonus of 25,000 rewards points after spending $3,000 in the very first 3 months. They allow you to use Boingo Wi-Fi with a complimentary internet access across the hotel rooms. There are no annual fees to be paid for the first year and after that, you have to pay $95 annually. After its acquisition from Marriott, you can now convert your 1 Starwood point into 3 Marriott points.

5. Capital One Quicksilver Cash Rewards Credit Card
It is one of the best credit cards that offer additional perks of cash backs. The card offers a $150 of cash bonus after spending $500 in the very first 3 months of opening the account. They allow you to get 1.5% of cashback on every purchase per day. The validity of the cash rewards is lifetime and they can be redeemed at any network. The card has an introductory offer of 0% APR for the first 9 months and after that, it varies from 14.24%-24.24%. There are no annual fees for its services and of course the last, it doesn’t charge any foreign transaction fees.

Do check out our blog post on Best Personal Loan Options for 2018.

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