How To Avoid Foreign Transaction Fees When Traveling

How To Avoid Foreign Transaction Fees When Traveling

The best way to avoid foreign transaction fees is to acquire a no-foreign-transaction-fees credit card, if you qualify for one. Next in line are checking accounts or debit cards with no foreign transaction fee. It is also possible to avoid the fee by paying in the local currency for purchases.

How to not get charged international transaction fee?
Many international travelers encounter foreign transaction fees while making purchases or withdrawing cash from an ATM in a foreign country. The easiest way to avoid a foreign transaction fee is to use debit or credit cards with no foreign transaction fees while traveling abroad.

How to pay without foreign transaction fee?
You can also avoid foreign transaction fees by making purchases online only with international merchants that work with U.S. credit cards and accept U.S. dollars. When shopping online, make sure that their business is based in the U.S. or that they accept a range of payment options that include U.S. currency.