The Deserve® EDU Mastercard for Students foreign transaction fee is $0. This means you won’t be charged extra anytime you use the Deserve® EDU Mastercard for Students card outside of the United States. This applies whether it’s a purchase at a physical location in a foreign country or an online transaction through an internationally-based merchant.
The best international credit card for students is the Bank of America® Travel Rewards credit card for Students. It belongs to the Visa network so you can use it pretty much anywhere internationally, whether you’re traveling or studying abroad, and it features a $0 foreign transaction fee.
The card’s travel-oriented rewards also make it an attractive international credit card for students. It offers 25,000 points for spending $1,000 in the first 90 days. Plus, you earn 1.5 points per $1 on purchases.
The best way to avoid foreign transaction fees is to use a debit or credit card that waives foreign fees when you're traveling abroad or making online purchases from international retailers. About 25% of credit card offers don't have foreign transaction fees, so there’s no reason to pay the extra charge.
Your credit card will likely have a foreign transaction fee of around 3% if it is from Chase, PNC, Bank of America, Barclays or U.S. Bank, which charge foreign fees on most (but not all) of their cards. Your credit card will not have a foreign transaction fee if it is from Capital One, Discover, USAA, PenFed or HSBC.
Credit Card Issuers That Do Not Charge Foreign Transaction Fees
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