Elijah Nash, WalletHub Analyst
@Eli.nash
The Ink Cash foreign transaction fee is 3% of each transaction in U.S. dollars. This fee is charged when the Ink Cash credit card is used outside of the United States. It applies whether it’s a purchase at a physical location in a foreign country or an online transaction through an internationally-based merchant.
Alternative Credit Card Option
If you often do business with foreign merchants, it will be best to use a credit card with no foreign transaction fee. You can check out our editors’ latest picks for the best among them and see which one better suits your needs.
A good option would be the Ink Business Preferred® Credit Card. Aside from a $0 foreign transaction fee, this card offers 3 points per $1 on the first $150,000 spent per year on travel and select business expenses, and 1 point per $1 on all other purchases. You can also earn 100,000 points for spending $8,000 in the first 3 months. The card’s annual fee is $95.
People also ask
How much are Chase Ink foreign transaction fees?
The Chase Ink foreign transaction fee is $0 for the Ink Business Preferred® Credit Card and the Ink Business Premier. However, the Ink Business Cash® Credit Card and the Ink Business Unlimited® Credit Card charge a 3% of each transaction in U.S. dollars fee on international purchases.
A foreign transaction fee is a charge, usually around 3%, that a credit card issuer adds to transactions processed outside of the United States. You don’t have to be in another country to be charged the fee. It also applies to online purchases processed with non-U.S. based retailers.
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read full answerHow much is the Chase foreign transaction fee for credit cards?
The Chase foreign transaction fee for credit cards is either $0 or 3% of each transaction in U.S. dollars, depending on which credit card you get. 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.
Chase Credit Cards with No Foreign Transaction Fees
read full answerWhat is the Chase Freedom foreign transaction fee?
The Chase Freedom foreign transaction fee is 3%. This fee will get added as a surcharge to any Chase Freedom transaction processed abroad or through an international online merchant. In fact, this is the case with all Chase credit cards that belong to the "Freedom" family.
However, if you’re looking for a Chase credit card with no foreign fees, there are several good options available. Most of them are co-branded credit cards, though.
Best Chase...
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