Southwest Rapid Rewards cards are issued by Chase Bank. All Chase credit cards with a foreign transaction fee charge 3%. All Southwest credit cards give 2 points per $1 spent on purchases made directly through Southwest Airlines, except for the Southwest Performance Business Card which offers 3 points / $1, and 1 point per $1 for all other purchases. 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.
Southwest credit card foreign transaction fees:
Southwest Plus Card: 3% of each transaction in U.S. dollars foreign transaction fee. $69 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. Unfortunately, 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.
The Chase credit card limit could be as low as $500 or as high as $15,000+, depending on the card and your overall creditworthiness. 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. Chase Freedom Flex℠ is one of Chase’s credit cards with the lowest credit limit minimum, at $500.… read full answer
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 should receive a credit limit of at least $5,000.
It makes sense that the Chase Sapphire cards don’t have foreign fees, while Chase Freedom Flex℠ does. The Sapphire cards are specifically intended for travel, and travel isn’t always domestic. But it’s a little weird that Chase Freedom Unlimited® isn’t free internationally. 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 some Chase credit cards with no foreign transaction 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 an 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 Chase Sapphire Reserve and J.P. Morgan Reserve Credit Card are probably spending a lot more than that.
WalletHub Answers is a free service that helps consumers access financial information. Information on WalletHub Answers is provided “as is” and should not be considered financial, legal or investment advice. WalletHub is not a financial advisor, law firm, “lawyer referral service,” or a substitute for a financial advisor, attorney, or law firm. You may want to hire a professional before making any decision. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted. The helpfulness of a financial advisor's answer is not indicative of future advisor performance.
WalletHub members have a wealth of knowledge to share, and we encourage everyone to do so while respecting our content guidelines. Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not a financial institution’s responsibility to ensure all posts and questions are answered.
Ad Disclosure: Certain offers that appear on this site originate from paying advertisers, and this will be noted on an offer’s details page using the designation "Sponsored", where applicable. Advertising may impact how and where products appear on this site (including, for example, the order in which they appear). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.