Tom Lipkis, Retired Economy Teacher
@cindercard
The Chase Ink foreign transaction fee is 0% for the Preferred Business card. The Ink Cash and Ultimate Business cards charge a 3% 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.
Here are the Chase Ink foreign transaction fees:
- Chase Ink Preferred: No foreign transaction fee.
- Chase Ink Cash: 3% foreign transaction fee.
- Chase Ink Unlimited: 3% foreign transaction fee.
The Chase Ink Business Preferred card has much more to offer than no foreign transaction fee. There’s an 100,000-point initial bonus when you spend $15,000 in your first 3 months. That’s worth $1,250 in travel purchases when you redeem through Chase Ultimate Rewards.
You’ll also earn 3 points for every $1 you spend on shipping, advertising purchases made with social media sites, travel, and internet, cable, and phone services. Even if you’re making these purchases outside of the U.S., you’ll be able to collect the rewards points knowing they won’t be wiped out by a 3% foreign transaction fee.
Apple Anderson, Member
@apple_anderson
The Ink Business Preferred credit card has no foreign transaction fee.
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