Best credit cards with no foreign transaction fee
A 3% foreign transaction fee cancels most rewards rates outright, so this is the first filter for travel abroad.
Card terms last verified against issuer pages on 2026-09-20.
Citi Strata Elite is our pick among cards with no foreign transaction fee, earning 12x on everything. A 3% foreign transaction fee wipes out most rewards rates, so this filter comes before any other when spending abroad.
The ranking
Ranked directly from the card data by the measure named above. There is no hand-kept list of winners — change the underlying data and this page changes with it.
Chase Prime Visa
| Card | Base rate | Annual fee | Yearly credits | Rewards |
|---|---|---|---|---|
| Citi Strata EliteCiti | 12x | $595 | $1,170 | Citi ThankYou Points |
| Amazon Business Prime CardAmerican Express | 5x | None | — | Cash |
| Amazon Prime Store CardSynchrony Bank | 5x | None | — | Cash |
| Amex Hilton Honors BusinessAmerican Express | 5x | $195 | $240 | Hilton Honors Points |
| Chase Prime VisaChase | 5x | None | — | Cash |
| Discover itDiscover | 5x | None | — | Cash |
| Discover it StudentDiscover | 5x | None | — | Cash |
| Discover MoreDiscover | 5x | None | — | Cash |
| Instacart MastercardChase | 5x | None | — | Cash |
| Kroger Rewards World Elite MastercardU.S. Bank | 5x | None | — | Cash |
| Robinhood Gold CardRobinhood Credit | 5x | None | — | Robinhood Gold Points |
| Rakuten American Express CardAmerican Express | 4x | None | — | Cash |
Questions people ask
Which credit cards charge no foreign transaction fee?
Citi Strata Elite is our pick among cards with no foreign transaction fee, earning 12x on everything. A 3% foreign transaction fee wipes out most rewards rates, so this filter comes before any other when spending abroad.
Why not just rank every card together by its multiplier?
Because the multipliers are denominated in different currencies. Seven points per dollar in a hotel programme is routinely worth less than four points per dollar in a transferable currency, and turning both into a percentage needs a valuation of each point — which varies by how you redeem and is a judgement rather than a fact. Grouping by currency family gives a ranking that is true without needing that judgement.
How often do no fx fee bonus rates change?
Often enough that a rate quoted without a date is not worth much. Issuers revise bonus categories at card refreshes and occasionally mid-year. Everything here was last checked on 2026-09-20, and the issuer's own terms page is the authority.