I recently returned from a military field training exercise in San Antonio. While there I met several dentists that were about to deploy to Japan, Korea, etc. We got to talking about getting a credit card with ZERO foreign transaction fees.
Below are some examples of credit cards that don’t charge Foreign Transaction Fees, meaning you don’t have to pay extra money to use your credit card overseas. This is very valuable and will save you a lot of money if you are deployed, will be getting deployed soon, or are stationed overseas.
What are Foreign Transaction Fees? This is a fee that credit card companies tack on to every purchase you make with their credit card overseas. Most credit cards have a foreign transaction fee of 3%.
Cards with ZERO Foreign Transaction fees
- BankAmericard Travel Rewards
- Chase Sapphire Preferred
- Capital One Venture Card
- Capital One Quicksilver
- Barclay Arrival Plus
- Discover It Miles
- American Express Gold Card
- Citi Prestige
- Chase IHG
- Penfed Platinum Rewards
- USAA Cash Back Rewards Plus AMEX
- USAA Cash Rewards Visa Signature
There are a ton more, This Post is just to remind you to get a credit card with 0% foreign transaction fees if you are going to be deployed anytime in the near future.