Best Credit Card For Travel No Transaction Fee
Traveling can be an excellent way to escape from the hustle and bustle of your daily life. However, it can also be an expensive venture. One of the most significant expenses when traveling is foreign transaction fees. These fees can add up quickly and take a significant chunk out of your travel budget without you even realizing it. Luckily, some credit cards don't charge transaction fees, making them an excellent option for travel. In this article, we will look at some of the best credit cards for travel with no transaction fees.
Chase Sapphire Preferred
The Chase Sapphire Preferred card is a popular travel credit card that offers excellent benefits to frequent travelers. With the Sapphire Preferred, you'll earn two points per dollar spent on travel and dining, and one point per dollar spent on everything else. These points can be redeemed for travel, cash, or gift cards. The card also offers a sign-up bonus of 100,000 points if you spend $4,000 within the first three months of opening your account.
The Sapphire Preferred has no foreign transaction fees, making it an excellent travel companion. The card also comes with trip cancellation and interruption insurance, baggage delay insurance, and travel accident insurance. The card has an annual fee of $95, which is waived for the first year.
Capital One Venture Rewards Credit Card
The Capital One Venture Rewards credit card is another popular option for travelers. The card offers two miles per dollar spent on all purchases, with no cap on how many miles you can earn. You can redeem these miles for travel, gift cards, or statement credits. The card has an annual fee of $95, which is waived for the first year.
The Capital One Venture Rewards card has no foreign transaction fees, making it an excellent choice for international travelers. The card also comes with travel accident insurance, auto rental collision damage waiver, and 24-hour travel assistance services.
Bank of America Travel Rewards Credit Card
The Bank of America Travel Rewards credit card offers 1.5 points per dollar spent on all purchases, with no annual fee. You can redeem these points for travel expenses, gift cards, or statement credits. The card has no foreign transaction fees, making it an excellent choice for international travelers.
The Bank of America Travel Rewards card also offers a sign-up bonus of 25,000 points if you spend $1,000 within the first 90 days of opening your account. The card comes with travel accident insurance, auto rental collision damage waiver, and 24-hour travel assistance services.
Citi Premier Card
The Citi Premier card offers three points per dollar spent on travel, including gas stations, air travel, hotels, and more. You'll also earn two points per dollar spent on dining and entertainment, and one point per dollar spent on everything else. You can redeem your points for travel, gift cards, or statement credits. The card has an annual fee of $95.
The Citi Premier card also has no foreign transaction fees, making it an excellent option for international travelers. The card comes with trip cancellation and interruption protection, worldwide travel accident insurance, and baggage delay protection.
Conclusion
When it comes to traveling, choosing the right credit card can make a significant difference in how much you spend. Credit cards with no foreign transaction fees can help you save money and make your travels more enjoyable. Some of the best options include the Chase Sapphire Preferred, Capital One Venture Rewards credit card, Bank of America Travel Rewards credit card, and the Citi Premier card.
Consider your travel style, spending habits, and the benefits offered by each card before making a decision. Remember, no matter which card you choose, always keep it safe and secure while traveling.
