Do you travel internationally? Did you know most credit cards carry a foreign transaction fee of 3% for every dollar you spend tacked onto your credit card statement? That is on top of the interest. Those who travel Frequently or those planning an extended stays overseas can save a ton of money with a credit card that doesn’t charge a foreign transaction fee. If you plan to attend business meetings or study abroad this year, the credit cards I am reviewing can help you save money, every card on this list has no foreign transaction fees, not only that these cards on this list provide you with nice sign up bonuses and travel rewards to make those trips even more rewarding. Relying on cash or debit cards can be not only restricting, but downright dangerous, cash can be stolen or lost easily, and debit cards tend to charge hefty foreign transaction fees. Overseas you will need a Chip-and-PIN credit card, as in Europe and South America merchants and credit card swipers do not even accept standard American mag-stripe card, which includes most American debit cards. Another benefit of using your credit card for all purchases overseas is that credit cards tend to offer the best exchange rates. The rewards you can get with these cards as far as airfare miles, hotel stays and other travel rewards go are directly tied to your credit score. The higher your score the better the rewards card with foreign transaction fees you can qualify for.

Arrival Plus World Elite MasterCard
The is the top choice on this list. This card requires excellent credit. The card has EMV technology so this card can be used overseas with ease, and carries no foreign transaction fees. This card has a rich rewards program with two airline miles per dollar spent. You also receive 10% of your miles back every time you redeem your travel miles. This card has a killer sign up bonus of 40,000 bonus miles, which is good for one round trip flight made overseas easily, with the catch that you spend $3000.00 within 90 days of opening the account. The APR ranges from a 14.99% or 18.99% Variable, with a penalty APR of 27.24%. There is an annual fee of $89.00, but this is waived the first year. You also enjoy a Complimentary online FICO Score access. The rewards rate is one of the highest in the industry.

Bank America Rewards
This card on top of having the no foreign transaction fees your looking for has a high rewards rate. You receive 1.5 points per $1 on every purchase, every time, 50% more than average rewards programs which offer 1 point per dollar. There is no annual fee, no blackout dates or restrictions with your travel rewards, and you also get a nice intro 0% APR for 12 months for purchases. The APR is variable and ranges between 14.99% and 22.99% depending on your credit history. As an added bonus if you open a checking or savings account you earn an annual 10% rewards points bonus on your total purchases, which makes the rewards rate that much more lucrative for travelers. This card also has has EMV chip technology so its perfect for overseas spending.

Barclay World Mastercard Example Seven
No foreign transaction fees, and this card features chip and signature for international travel. This cards rewards are quite decent, you earn 2 points per dollar spent on travel and dining and 1 point per dollar spent on anything else. The sign up bonus is worth $500.00, you earn 40,000 rewards points if you spend $3000.00 dollars in the first 90 days of opening the account. You also earn an extra 5000 points for adding your first authorized user and make a purchase within 90 days of opening the account. There is a $95.00 annual fee, but this is waived for the first year. reward points are worth 1 cent per point if redeemed for cash, but worth 1.25 cents per point when redeemed for travel expenses. Your points are worth 5 cents per point when transferred to any one of Example Seven’s transfer partners: British Airways, Korean Airlines, Southwest, United, Virgin Atlantic, Singapore KrisFlyer, Hyatt, Marriott, InterContinental Hotels Group, Ritz-Carlton and Amtrak. The value of this travel rewards program is very rich when redeemed this way. Over all this is an excellent credit card for those with excellent credit.

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The Rewards Credit Card
On top of the no foreign transaction fees, you receive an EXTRA 5% in bookings for hotels, so that’s up to 10% total!, you earn 2% back in for any other purchases, the points can be used towards hotel stays. Using this card to book travel expenses gets you some serious discounts. Discounts include: 8% on hotel reservations, 6% on airline tickets, 6% on travel packages, yet it gets even better, if you use your mobile device to book your travel expenses through mobile application your savings increase for airline and hotel stays: 10% on hotel reservations, 7% on airline tickets. When booking through the site and using this credit card, you maximize your rewards. The only drawback to this card is that the rewards points can only be redeemed for hotel stays. .

Capital One Venture
The is the top choice on this list. This card requires excellent credit. The card has EMV technology so this card can be used overseas with ease, and carries no foreign transaction fees. This card has a rich rewards program with two airline miles per dollar spent. You also receive 10% of your miles back every time you redeem your travel miles. This card has a killer sign up bonus of 40,000 bonus miles, which is good for one round trip flight made overseas easily, with the catch that you spend $3000.00 within 90 days of opening the account. The APR ranges from a 14.99% or 18.99% Variable, with a penalty APR of 27.24%. There is an annual fee of $89.00, but this is waived the first year. You also enjoy a Complimentary online FICO Score access. The rewards rate is one of the highest in the industry.

Rewards® Credit Card
This card on top of having the no foreign transaction fees your looking for has a high rewards rate. You receive 1.5 points per $1 on every purchase, every time, 50% more than average rewards programs which offer 1 point per dollar. There is no annual fee, no blackout dates or restrictions with your travel rewards, and you also get a nice intro 0% APR for 12 months for purchases. The APR is variable and ranges between 14.99% and 22.99% depending on your credit history. As an added bonus if you open a checking or savings account with bank of America you earn an annual 10% rewards points bonus on your total purchases, which makes the rewards rate that much more lucrative for travelers. This card also has has EMV chip technology so its perfect for overseas spending.

Preferred
No foreign transaction fees, and this card features chip and signature for international travel. This cards rewards are quite decent, you earn 2 points per dollar spent on travel and dining and 1 point per dollar spent on anything else. The sign up bonus is worth $500.00, you earn 40,000 rewards points if you spend $3000.00 dollars in the first 90 days of opening the account. You also earn an extra 5000 points for adding your first authorized user and make a purchase within 90 days of opening the account. There is a $95.00 annual fee, but this is waived for the first year. reward points are worth 1 cent per point if redeemed for cash, but worth 1.25 cents per point when redeemed for travel expenses. Your points are worth 5 cents per point when transferred to any one of Example Seven’s transfer partners. The value of this travel rewards program is very rich when redeemed this way. Over all this is an excellent credit card for those with excellent credit.