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using no foreign transaction fee credit card when you travel abr

(2011-06-11 10:29:58) 下一個
If you are planning a trip overseas for business or vacation, you will need at least one Visa credit card or Master credit Cards. Visa and master card can be used internationally. For Amex and discover credit card, they car not accepted everywhere. Master card and Visa card are much better for use internationally than other credit card.Most credit card if has no no foreign transaction fee policy will charge between 2 percent to 4 percent when using internationally. Even if you book a oversea hotel in home. For a 4 nights hotel booking, It is easy to charge for 30USD to 45USD international fee based on the hotel booking fee. If you spend 2000USD when you travel abroad, You have to pay an extra 50 to 60USD as foreign transaction fee. The perfect credit card for traveler is charge no foreign transaction fee or international fee, In reality, only a few credit card comany chagre no fees, Capital one is one of the company does not charge foreign transcaction fee for all credit card it issued.First find from a visa or mastercard which does not charge foreign transaction fee. Then check other offers from the card, you can get 0 percent ARP interests or low interest APR or some extra good reward points. When choosing a new credit card to apply. Do not apply for airline credit card, only choose a card that offers bonus cash back rewards. Bonus cash back reward are much better than accumulate airline miles in term of foreign transaction fee credit card, Since you are not looking to accumulate airline miles, you are mainly looking for a no foreign transaction fee credit card.It is not that diffult to find a best credit card offers for travel internationally without foreign transcation fee. Just search around and read through each credit card offers, find the best credit card which is good for you.
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