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Are you planning a trip overseas and wondering if you can use your credit card abroad? This is a very important question to ask yourself if you choose to travel to another country. If you plan on traveling overseas, bringing a credit card might be a smart choice. The use of your credit card outside of the country is not the same as using it inside the United States. Before using your credit card overseas, it’s important to remember a few things.
In order to travel to a foreign country, it may be necessary to inform your credit card issuer. Obtaining cash at many overseas ATMs may require the use of your credit card, but there may be fees. A foreign transaction fee will be charged by a credit card issuer or bank for any transaction made in a country that is not the United States. Depending on the terms and conditions of the credit card or bank, the fees may be different.
Using a credit card abroad may be costly because most credit cards impose a foreign transaction fee up to 4% per purchase. In order to avoid these fees, it’s advisable to opt for a card that is more suited for overseas use instead.
Here at CreditMonarch, we help individuals choose the credit card that suits them best and we believe these are the best and most popular no foreign transaction fee credit cards in 2024. You can choose a no foreign transaction fee credit card from the recommended list below.
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