There is no Capital One Venture foreign transaction fee. All Capital One credit cards have $0 foreign fees. That is unlikely to change anytime soon.
Capital One is one of just two major credit card companies, the other being Discover, that don’t have foreign transaction fees on any of their cards. They probably wouldn’t change such a big part of their brand. Besides, Venture is a travel rewards credit card. Almost no travel credit cards charge foreign transaction fees because the issuers want to encourage people to spend money abroad. And if you had to pay an extra 3-5% on top of every purchase, you’d probably look for another card to use internationally.
So while Capital One does have the ability to change their cards’ terms in the future, it would be a really bad PR move. And if that did ever happen, they would be required by law to notify you in advance. For the foreseeable future, though, you won’t have to worry about paying a Capital One Venture foreign transaction fee when you make purchases abroad or through international merchants. The same also goes for Venture’s companion card, Capital One VentureOne. And fee or not, Venture is well worth keeping in your wallet because of its substantial miles earning rate on all purchases.
If you have more questions about Capital One’s policies, you can always call their customer service number at 1-800-227-4825.