What is the Bank of America Mastercard foreign transaction fee?

This question is about Bank of America Mastercard

Tommy S Davidson, MBA Student

@tdvdson94 05/18/20 This answer was first published on 05/18/20. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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The Bank of America Mastercard foreign transaction fee is either 3% or 0% of all international transactions, depending on your card. At 3%, the Bank of America foreign transaction fee is too steep for anyone planning to make international purchases, but the cards that charge it are meant more for everyday spending than travel.

The most popular Bank of America no-foreign-transaction-fee Mastercards are co-branded: the Amtrak Credit Card, the Air France KLM Credit Card and the Virgin Atlantic Credit Card.

The bank's general travel cards, including the Bank of America Travel Rewards credit card and the Bank of America Premium Rewards credit card, do not carry foreign transaction fees, but they're Visa credit cards. Worldwide acceptance is pretty much the same, however, they're better suited for occasional travelers or people who spend on many different categories.

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