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The best no foreign transaction fee credit cards?

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DigitalArk
Valued Contributor

The best no foreign transaction fee credit cards?

For each major network. I'd like to know what those cards are with better rewards system. I don't really care about cash rewards or points or mileages.
Visa?
MasterCard?
Amex?
Discover? (the "it" will be it)
Message 1 of 13
12 REPLIES 12
Anonymous
Not applicable

Re: The best no foreign transaction fee credit cards?

For Visa and Mastercard: Chase Sapphire Preferred.

Message 2 of 13
improvingmycredit
Valued Contributor

Re: The best no foreign transaction fee credit cards?


@DigitalArk wrote:
For each major network. I'd like to know what those cards are with better rewards system. I don't really care about cash rewards or points or mileages.
Visa? CSP 
MasterCard? CSP or Arrival ( I like the Arrival because it's no frills easy rewards )
Amex? Platinum Charge
Discover? (the "it" will be it)

My recommendations.  I have included a link that I found helpful.

As far a Amex goes, their best travel card in my opinion is the SPG though it charges FTFs.

 

http://www.nerdwallet.com/no-foreign-transaction-fee-credit-cards

 

Edit:  forgot link


Starting Score: 642
Current Score: EQ 773, EX 780, TU 777 (All FICO)
Goal Score: 800+

Cards: NFCU Flagship 50K, DC 30K, BCP 28.6K, Arrival+ 25K, Citi DP 22.8K, CSR 20.5K, TotalRewards 25K, QuickSilver 20K

Message 3 of 13
Anonymous
Not applicable

Re: The best no foreign transaction fee credit cards?

For visa, CSP.

For MasterCard, CSP if you can do a product change, since you can no longer directly apply for the MasterCard version. Otherwise check out citi prestige for heavy travelers and big spenders. Barclays arrival is a decent card for most people.

Discover: IT card, probably. Not too sure on miles rewards structure.

Amex: Platinum charge. Its a meh rewards card, but excellent perks card.

Fidelity investments Amex (backed by FIA) has a black card as well that has no FTF, with $275 AF if I remember correctly.
Message 4 of 13
Anonymous
Not applicable

Re: The best no foreign transaction fee credit cards?

Edit: Mis-read the OP's question!

 

 

The best visa would be from PENFED:

 

https://www.penfed.org/visasignaturepoints/

 

The best AMEX would also come from PENFED:

 

https://www.penfed.org/defender-cash-rewards/

 

Another good option for Visa/MC with no FTF and no annual fee are from Capital One. 

 

State Department FCU also has a nice no fee/no ftf card with EMV. 

 

 

Message 5 of 13
Anonymous
Not applicable

Re: The best no foreign transaction fee credit cards?

Remy.... He's asking for the "cards with better rewards system". My guess is what he means by "don't care" is whether those rewards come in the form of cashback, miles or points.
Message 6 of 13
Anonymous
Not applicable

Re: The best no foreign transaction fee credit cards?

Mis-read that part!

 

Still, up to a certain point I think no-annual fee cards are better

Message 7 of 13
improvingmycredit
Valued Contributor

Re: The best no foreign transaction fee credit cards?

OP didn't say "didn't care about rewards" so much as "what type" of rewards doesn't matter is how I read it. Sorry if I mis-read.

Starting Score: 642
Current Score: EQ 773, EX 780, TU 777 (All FICO)
Goal Score: 800+

Cards: NFCU Flagship 50K, DC 30K, BCP 28.6K, Arrival+ 25K, Citi DP 22.8K, CSR 20.5K, TotalRewards 25K, QuickSilver 20K

Message 8 of 13
Anonymous
Not applicable

Re: The best no foreign transaction fee credit cards?


@improvingmycredit wrote:
OP didn't say "didn't care about rewards" so much as "what type" of rewards doesn't matter is how I read it. Sorry if I mis-read.

But that makes it a little hard to answer as well.   Many people have listed CSP, but if the OP is never going to transfer points to FF programs, or even buy tickets at 1.25 c per point, then it's not such a great card.  Something like Quicksilver gives 1.5% everywhere, whereas CSP is 1% except for dining and travel.  So as usual it also depends on spending patterns. 

 

 

Message 9 of 13
lg8302ch
Senior Contributor

Re: The best no foreign transaction fee credit cards?

In terms of exchange rates Discover IT takes the lead in my tests. ....but..and there is a big BUT... lack of acceptance Smiley Sad   I am quite happy with the no AF cards like BofA travel rewards (EMV chip) and Cap1 cash rewards. My favorite in my line up is Barclays Arrival but I am planing to get CSP next year for earning miles instead of cash back type of rewards.

 

Message 10 of 13
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