How much are the Southwest credit card foreign transaction fees?

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.

Chase Credit Card Starting Limits:

• Chase Sapphire Reserve®: $10,000
• United Club Infinite Credit Card: $5,000
• Chase Sapphire Preferred® Card: $5,000
• United Explorer Credit Card: $5,000
• Chase Ink Business Credit Cards: $3,000-$5,000
• Chase Freedom Flex℠: $500
• Chase Freedom Unlimited®: $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.

The Chase foreign transaction fee for credit cards 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 Chase Sapphire Preferred® Card and Chase Sapphire Reserve®. But Chase Freedom Flex℠ and … read full answerChase Freedom Unlimited® are among the Chase credit cards with a 3% foreign transaction fee.

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:

• Chase Sapphire Preferred: $95 annual fee
• Chase Sapphire Reserve: $550 annual fee
• Ink Business Preferred® Credit Card: $95 annual fee
• J.P. Morgan Reserve Credit Card: $595 annual fee

Here are some Chase cards with a 3% foreign transaction fee:

• Chase Freedom Flex: $0 annual fee
• Chase Freedom Unlimited: $0 annual fee
• Disney Rewards Credit Card: $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 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.