Traveling abroad is exciting, but the last thing you want is to be hit with extra fees every time you swipe your credit card. Foreign transaction fees—typically around 3%—can add up quickly and eat into your vacation budget. Fortunately, many travel credit cards in 2025 are offering no foreign transaction fees, helping you save money while exploring the world.
In this guide, we’ll walk you through some of the best travel credit cards that come with no foreign transaction fees, so you can focus on your adventures without worrying about extra costs.
Why No Foreign Transaction Fees Matter
When you use your credit card abroad, many card issuers charge a foreign transaction fee. This fee is tacked onto every purchase you make while traveling overseas. While it may seem small, it can really add up over time—especially on larger purchases like hotel stays, meals, or excursions.
Having a credit card that waives these fees means more money in your pocket for experiences and memories rather than covering unnecessary costs.
1. Chase Sapphire Preferred® Card
Why it’s great: The Chase Sapphire Preferred® Card continues to be a favorite among travelers for its generous rewards and no foreign transaction fees. With a solid sign-up bonus and a variety of travel benefits, it’s a fantastic choice for frequent travelers.
- Sign-up bonus: 60,000 points (worth $750 when redeemed for travel through Chase Ultimate Rewards®)
- Earning rates: 2x points on travel and dining
- Annual fee: $95
- Foreign transaction fee: None
Best for: Travelers who want to earn points for dining, travel, and everyday spending while enjoying extra perks like travel insurance and car rental coverage.
2. The Platinum Card® from American Express
Why it’s great: If you’re looking for luxury travel perks, the Platinum Card® from American Express is tough to beat. Not only does it have no foreign transaction fees, but it also offers access to airport lounges, elite hotel benefits, and high reward points for travel purchases.
- Sign-up bonus: 80,000 points (after spending $6,000 in the first 6 months)
- Earning rates: 5x points on flights booked directly with airlines or on amextravel.com
- Annual fee: $695
- Foreign transaction fee: None
Best for: Frequent flyers and luxury travelers who want premium travel benefits and rewards.
3. Capital One Venture Rewards Credit Card
Why it’s great: The Capital One Venture Rewards Credit Card offers unlimited 2x miles on every purchase, including travel expenses, without charging foreign transaction fees. Plus, it comes with a solid sign-up bonus, making it one of the best all-around travel cards.
- Sign-up bonus: 75,000 miles (after spending $4,000 in the first 3 months)
- Earning rates: 2x miles on every purchase
- Annual fee: $95
- Foreign transaction fee: None
Best for: Travelers who want a simple, straightforward card with excellent rewards for all types of purchases.
4. Discover it® Miles
Why it’s great: If you’re looking for a no annual fee travel credit card with no foreign transaction fees, the Discover it® Miles is a fantastic option. It matches all the miles you’ve earned in your first year, so if you’re just starting your travel credit card journey, this could be a great way to jumpstart your rewards.
- Sign-up bonus: Unlimited match of miles earned in the first year
- Earning rates: 1.5x miles on every purchase
- Annual fee: $0
- Foreign transaction fee: None
Best for: Beginners or budget-conscious travelers looking for an easy-to-use travel card with no annual fee.
5. Citi Premier® Card
Why it’s great: The Citi Premier® Card offers competitive rewards on travel, dining, and entertainment purchases with no foreign transaction fees. It’s a great all-rounder, especially if you travel frequently and want a card that offers flexible rewards.
- Sign-up bonus: 60,000 points (after spending $4,000 in the first 3 months)
- Earning rates: 3x points on travel, including gas stations, and 2x points on dining and entertainment
- Annual fee: $95
- Foreign transaction fee: None
Best for: Travelers who want flexible rewards for travel, dining, and entertainment.
6. Chase Sapphire Reserve®
Why it’s great: The Chase Sapphire Reserve® is the higher-end version of the Chase Sapphire Preferred. It offers even more travel perks, like priority boarding, airport lounge access, and higher points per dollar spent on travel and dining.
- Sign-up bonus: 50,000 points (after spending $4,000 in the first 3 months)
- Earning rates: 3x points on travel and dining
- Annual fee: $550
- Foreign transaction fee: None
Best for: Luxury travelers who want elite benefits and the ability to earn more points on travel and dining.
7. Bank of America® Premium Rewards® Credit Card
Why it’s great: The Bank of America® Premium Rewards® Credit Card offers great rewards for travel and dining purchases, plus a fantastic sign-up bonus. It has no foreign transaction fees, making it ideal for international trips.
- Sign-up bonus: 50,000 points (after spending $3,000 in the first 90 days)
- Earning rates: 2x points on travel and dining
- Annual fee: $95
- Foreign transaction fee: None
Best for: Travelers who already bank with Bank of America and want to maximize their rewards on travel and dining purchases.
Final Thoughts
Whether you’re a seasoned traveler or a first-time explorer, having a travel credit card with no foreign transaction fees is a smart choice. Not only will it save you money, but it can also earn you rewards that make future trips even more affordable.
Consider your spending habits, travel goals, and the benefits that matter most to you. The cards listed above are among the best options available in 2025 for avoiding extra fees while earning rewards.