Home / Weekly Tips / How to Avoid Foreign Transaction Fees

Weekly Tips

How to Avoid Foreign Transaction Fees

Foreign transaction fees are often as high as 4 percent and are charged by virtually all credit card issuers for purchases made overseas. How can you avoid them?

If you're like most world travelers these days, credit cards will be your preferred method of payment as you set out on your next adventure. So, take the time now to choose the right credit card and significantly reduce the cost of your next vacation or business trip.

Recent surveys indicate that Capital One and Discover are the only major credit issuers that offer 0 percent currency conversion fees on all of their credit card offers. However, if you're not a fan of these issuers, another great credit card with no foreign transaction fees worth considering is the The Barclaycard Arrival™ World MasterCard®.

The Arrival™ World MasterCard® is a no annual fee rewards credit card that offers double miles on travel and dining purchases, no mileage caps or currency conversion fees, 5% bonus miles back when you redeem for travel, and a 0% introductory APR on balance transfers for 12 months. Check out Creditnet's expert review of the Barclaycard Arrival™ World MasterCard® and consider applying online today!

on Wed, 2016-05-11 17:26