How much are the Southwest credit card foreign transaction fees?

Question

The starting Chase credit card credit limit could be as low as $500 or as high as $25,000+, depending on the card and your overall credit standing. One of the Chase credit cards with the highest starting limit is the Chase Sapphire Reserve®, which has a minimum credit limit of $10,000. The … read full answer Chase Freedom Flex℠ card’s minimum credit limit, on the other hand, is one of the lowest Chase offers, at $500.

For certain cards, Chase will approve you for either a Signature or Platinum account. Platinum accounts have lower starting limits than Signature, so applicants with lower credit scores who are approved will get a Platinum account. All individuals approved for Signature accounts typically receive a credit limit of at least $5,000.

Chase Credit Card Starting Limits:

Chase Sapphire Reserve®: $10,000

Chase Sapphire Preferred® Card: $5,000

Chase Ink Business Credit Cards: $3,000-$5,000

Chase Freedom Flex℠: $500

Chase Freedom Unlimited®: $500 (Signature: $5,000)

Chase Slate Edge℠: $500

Chase Freedom® Student credit card: $500 (Signature: $5,000)

Since Chase only lists starting limits for their credit cards, you could definitely receive a higher limit. The highest credit limits will go to applicants with excellent credit and high incomes.

Ultimately, you could also check our editors’ latest picks for the best high limit credit cards on the market to weigh your options.

show less

Answer 1 · 2022-04-04 06:59:08

Jane Cogli, WalletHub Credit Card Advisor

@janecogli • 04/04/22 This answer was first published on 11/27/18 and it was last updated on 04/04/22.For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

Permalink Report Abuse

The Southwest credit card foreign transaction fee is either $0 or 3% of each transaction in U.S. dollars, depending on the card. More specifically, the Southwest Rapid Rewards® Plus Credit Card card’s foreign transaction fee is 3% of each transaction in U.S. dollars. The other Southwest credit cards have no foreign fees.

Southwest credit card foreign transaction fees:

Southwest Rapid Rewards® Plus Credit Card: 3% of each transaction in U.S. dollars foreign transaction fee. $69 annual fee.
Southwest Rapid Rewards® Priority Credit Card: $0 foreign transaction fee. $149 annual fee.
Southwest Rapid Rewards® Premier Credit Card: $0 foreign transaction fee. $99 annual fee.
Southwest® Rapid Rewards® Premier Business Credit Card: $0 foreign transaction fee. $99 annual fee.

A Southwest credit card with no foreign transaction fee is well-suited for international travel, but only to certain locations. While Southwest doesn’t exactly operate globally, they do offer flights to Mexico, Central America and the Caribbean. There are over 110 destinations total.

The Southwest credit cards give 2 points / $1 - 4 points / $1 spent on purchases made directly through Southwest Airlines. If you earn points on a Southwest credit card with a foreign transaction fee of $0, they won’t be wiped out by a 3% charge.

Unfortunately, though, Southwest is one of the few major airlines that is not part of a big airline alliance. That means their points can’t be transferred to partner airlines that could service other international destinations.

How much are the Southwest credit card foreign transaction fees?

Jane Cogli, WalletHub Credit Card Advisor

Southwest credit card foreign transaction fees:

Southwest Rapid Rewards® Plus Credit Card

People also ask

How much is the starting Chase credit card credit limit?

Chase Credit Card Starting Limits:

How much is the Chase foreign transaction fee for credit cards?

Chase Credit Cards with No Foreign Transaction Fees

Chase Credit Cards with Foreign Transaction Fees

Join WalletHub