The Hyatt Credit Card foreign transaction fee is $0. This foreign transaction fee is one reason why the Hyatt Credit Card is a good choice for use abroad. The card is also on the Visa network, which means it’s accepted at most merchants that take credit cards worldwide.
That’s good news because there are plenty of Hyatt locations to visit in foreign countries, as the chain operates around 900 hotels worldwide. And the card gives bonus points on flights, restaurant purchases and Hyatt visits.
Keep in mind that while the Hyatt Credit Card has a $0 foreign transaction fee, it has a $95 annual fee. The card is therefore best for people who are at least moderate spenders and can make the most of the card’s perks and rewards.
The Chase foreign transaction fee is either $0 or 3% of what you spend, depending on which credit card you get. Chase’s most popular travel rewards credit cards don’t charge foreign fees. That includes both Sapphire Preferred and Sapphire Reserve. But Freedom, Freedom Unlimited and Slate are among the Chase credit cards with a 3% foreign transaction fee. … read full answer
It makes sense that the Chase Sapphire cards don’t have foreign fees, while Chase Slate does. The Sapphire cards are specifically intended for travel, and travel isn’t always domestic. And Slate is designed for saving on debt, not globetrotting. But it’s a little weird that Freedom isn’t free internationally, even when it’s Unlimited. After all, even if you don’t travel abroad, Chase’s credit card foreign transaction fee could come into play. It applies to purchases made through international companies when you’re in the U.S., too.
Still, those might not be the only Chase cards you’re interested in. So I’ll break down more of your options below.
Here are the Chase credit cards with no foreign transaction fee:
Chase Sapphire Preferred - $95 annual fee ($0 first year)
Chase Sapphire Reserve - $450 annual fee
Ink Business Preferred - $95 annual fee
J.P. Morgan Reserve - $450 annual fee
United MileagePlus Explorer Business - $95 ($0 first year)
Here are the Chase cards with a 3% foreign transaction fee:
Chase Freedom - $0 annual fee
Chase Freedom Unlimited - $0 annual fee
Chase Slate - $0 annual fee
Disney Rewards - $0 annual fee
Apparently, you have to choose between paying Chase foreign transaction fees and annual fees. But think of it this way: If you’re a frequent traveler, not having to pay fees abroad probably outweighs the cost of a once a year annual fee.
Let’s say you spend $5,000 abroad in one year. 3% of that is $150. And that’s more than the annual fee of 3 no foreign fee Chase cards. Plus, people with Sapphire Reserve and J.P. Morgan Reserve are probably spending a lot more than that.
The Chase Freedom foreign transaction fee is 3%. That means a 3% surcharge gets added to the total amount of any Freedom card transaction processed in another country. Foreign transaction fees can apply when traveling abroad or shopping online from a foreign merchant. Like Chase Freedom, the card has a 3% foreign transaction fee. But not all Chase cards charge 3% internationally. Two of the most popular Chase credit cards with no foreign transaction fees are the Sapphire Preferred and Sapphire Reserve travel rewards cards. Chase Freedom foreign transaction fees and more:… read full answer
Chase Freedom’s other fees: $0 annual fee. 5% (min $5) balance transfer fee. 5% cash advance fee ($10 min). Late fee up to $39.
Chase Freedom Unlimited’s other fees: $0 annual fee. 5% (min $5) balance transfer fee. 5% cash advance fee ($10 min). Late fee up to $39.
Best Chase credit cards with no foreign transaction fee: Chase Sapphire Preferred and Sapphire Reserve
Despite the Chase Freedom foreign transaction fee, both the Freedom and the Freedom Unlimited cards provide plenty of value when used strictly for domestic transactions. Both offer a $200 bonus for spending $500 in purchases in the first 3 months. There’s also a 0% APR for 15 months on purchases.
Where the two cards differ is in their rewards structure. The Freedom offers 5% back on the first $1,500 spent per quarter in rotating spending categories. In the past, that has included gas, restaurants, Amazon purchases and more. The card also offers 1% cash back on all other purchases. The Freedom Unlimited card offers a flat 1.5% cash back on all purchases. Both offer 5% back on groceries for the first year, on up to $12,000 spent.
Unfortunately, Chase Freedom may no longer be available to new applicants.
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