![]() If you make 15 international purchases at $25 each, you would pay $11.25 in foreign transaction fees with a 3% transaction fee rate.īe aware of the fine print. Even if you don’t travel regularly, it may be wise to have a credit card with no foreign transaction fees available if you shop outside of your home country. Be aware of these fees when shopping online with foreign merchants, buying a ticket for a foreign museum or tour, purchasing a plane ticket from a foreign airline or making hotels and car rental reservations abroad. Before you travel, determine what your foreign transaction fee is and if you hold a card that doesn’t have one.Īny time you make a purchase from a foreign merchant, you could find this fee added to your purchase. The fee is clearly stated on your credit card agreement and can range from 0% to 3%.
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