How much is the AARP Rewards Card foreign transaction fee?

The Mastercard foreign transaction fee is usually 0% or 3%, depending on which card you have and the bank or credit union that issued it.

Here’s how the Mastercard foreign transaction fee works:

The Mastercard foreign transaction fee comes in two parts. Mastercard, as the credit card network, always charges a 1% fee. Then, the credit card issuer can choose to add their own fee on top of that, or cover Mastercard’s fee for you. If your card’s foreign fee is higher than 1%, it means the issuer added their own fees. If your Mastercard’s foreign transaction fee is 0%, it’s because the issuer pays the 1% network fee for you.... read full answer

If you have a Mastercard that charges a foreign transaction fee, you will be charged a fee every time you make a purchase at a physical location in a foreign country or an online transaction through an internationally-based merchant. So, if you’re travelling a lot, make sure to get a Mastercard that doesn’t charge this fee.

Best Mastercard Credit Cards with No Foreign Transaction Fee

It’s also worth noting that Mastercard foreign transaction fees and Visa foreign transaction fees are pretty much the same. Some cards charge as much as 3%. Others don’t charge a dime. Also, like Mastercard, Visa is accepted in 200+ countries and territories.

The best approach is to compare no foreign transaction fee credit cards on both the Visa and Mastercard networks. Check your credit score to see which ones you could get approved for. Then, find the card with the best collection of rewards, rates, and fees for your needs. If you’re approved, you’ll save up to 3% on each foreign transaction.

The Barclaycard foreign transaction fee is either 0% or 3%, depending on the card. So, it’s a good idea to check which Barclaycards come with 0% foreign fees before applying.

Here are some good Barclaycards with 0% foreign transaction fee:

If you’re planning to travel overseas a lot, it would be best to get a card with a 0% foreign transaction fee. After all, vacations are expensive enough without adding an extra 3% to the price of everything. It’s also good to remember that you don’t have to travel to be charged a foreign fee. If you buy something online from a vendor in another country and get it shipped to you, foreign transaction fees apply there, too.... read full answer

Ultimately, you can check out our editors’ latest picks for the best no foreign transaction fee credit cards on the market.