How much is the Chase Ink Preferred foreign transaction fee?

The Ink Cash card exchange rate is Visa’s exchange rate on the date you make a purchase, plus any foreign transaction fees. While Visa exchange rates change daily, the Ink Cash foreign fee is always 3% of the transaction.

It’s best to use a credit card with no foreign transaction fee when making purchases from international merchants. As long as you have such a card and avoid ... read full answerdynamic currency conversion, the exchange rates you’ll pay on international spending with a credit card will be much lower than those you’d get from converting cash with banks, credit unions, or airport currency exchange services.

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 ... read full answerour 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 $15,000 in the first 3 months. The card’s annual fee is $95.

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.... read full answer

Here are the Chase Ink foreign transaction fees:

• Chase Ink Preferred: $0 foreign transaction fees.
• Ink Business Premier: $0 foreign transaction fees.
• Ink Cash: 3% of each transaction in U.S. dollars.
• Chase Ink Business Unlimited: 3% of each transaction in U.S. dollars.

If you’re looking for a Chase Ink credit card with a $0 foreign transaction fee, you should consider the Chase Ink Preferred. This card also offers an initial bonus of 100,000 points for spending $15,000 in the first 3 months.

You’ll also earn 3 points / $1 spent on the first $150,000 you spend on travel and select business categories each account anniversary year. Even if you’re making these purchases outside of the United States, you’ll be able to collect the rewards points knowing they won’t be wiped out by a $0 foreign transaction fee.