Despite their foreign transaction fees, Chase Freedom®, Chase Freedom Unlimited, Chase Freedom Flex and Freedom Student provide plenty of value when used strictly for domestic transactions. Chase Freedom Unlimited and Chase Freedom Flex offer $200 for spending $500 in the first 3 months. There's also an introductory purchase APR of 0% for 15 months (14.99% - 23.74% (V), based on creditworthiness, thereafter). And Freedom Student offers $50 after your first purchase made in the first 3 months.
Chase Freedom cards also have attractive ongoing rewards. Chase Freedom® offers 5% cash back on up to a specific amount spent per quarter in rotating categories, and 1% on all other purchases. Chase Freedom Unlimited offers 5% cash back on travel through Chase, 3% cash back at restaurants and drugstores, and 1.5% back on all other purchases. Chase Freedom Flex earns 5% cash back on up to $1,500 spent per quarter in bonus categories (which change every quarter and require activation), 5% cash back on travel through Chase, 3% back at restaurants and drugstores, and 1% back on all other purchases. And Freedom Student earns 1% cash back on all purchases.
It's 3%. That's pretty standard as far as these fees go, but considering there are plenty of credit cards out there without foreign transaction fees (a couple from Chase), I'd say it doesn't look so good by comparison.
The Chase foreign transaction fee is $0 to 3% of each transaction in U.S. dollars, depending on the specific credit card. A foreign transaction fee is a surcharge that some credit cards add to transactions processed outside of the United States. The fee applies whether it’s a purchase at a physical location in a foreign country or an online transaction through an internationally-based merchant.… read full answer
The Chase Freedom Unlimited credit limit is $500 or more for everyone who’s approved. The most creditworthy applicants can get starting credit limits of $5,000 or higher. Chase Freedom Unlimited cardholders who start with a limit of at least $5,000 get the Visa Signature version of the card instead of a Visa Platinum card. Signature cards come with a few more supplemental benefits from Visa. … read full answer
Chase doesn’t publicly disclose a maximum credit limit for the Chase Freedom Unlimited card. But some customers have said that they have received limits of $20,000 or higher. If you want a limit that high, you’ll need spotless credit, a very high income to afford the payments and low existing debt. Just keep in mind that no matter what limit you get, it’s not permanent. You can ask Chase for a Chase Freedom Unlimited credit limit increase by calling the number on the back of your card. It’s best to try that after at least half a year of on time bill payments.
A Visa foreign transaction fee of 0% to 3% could apply to purchases processed outside the U.S., depending on which Visa credit card or debit card you have. The Visa foreign transaction fee is usually 0% on travel rewards credit cards, which are built for spending all around the world. And some credit card companies, such as Capital One, don’t charge foreign fees on any of their cards, Visa or Mastercard. But many other Visa cards come with foreign transaction fees of 1%, 2% or even 3%.… read full answer
If your Visa card does have a foreign transaction fee, you’ll have to pay it any time you make a purchase from a merchant that’s based in a country other than the U.S. So that means it applies to online purchases, too.
While it’s difficult to list every Visa’s foreign transaction fee – the are a ton of Visa cards – we can go over a few popular examples.
As you can see, there are a lot of opportunities to get a Visa card with no foreign transaction fee. That’s definitely a good idea before traveling (or shopping) abroad, since Visa is accepted just about anywhere that takes credit cards worldwide.
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