Chip Lupo, Credit Card Writer
@CLoop
The U.S. Bank Cash+ card exchange rate is Visa’s exchange rate on the date you make a purchase, plus any foreign transaction fees. While Visa exchange rates change daily, the U.S. Bank Cash+ card foreign fee is always 3% of the transaction in U.S. dollars.
It’s best to use a credit card with no foreign transaction fee when making purchases from international merchants. As long as you have such a card and avoid dynamic currency conversion, the exchange rates you’ll pay on international spending with a credit card will be much lower than those you’d get from converting cash with banks, credit unions, or airport currency exchange services.
People also ask
How much is the U.S. Bank foreign transaction fee?
The U.S. Bank foreign transaction fee is either 0% or 3% of the purchase amount or foreign ATM cash advance transaction, depending on the card. Plus, if you want to withdraw cash abroad, be prepared to pay a $2.50 non-U.S. Bank ATM fee as well.
U.S. Bank Foreign Transaction Fees
- U.S. Bank Altitude® Go Visa Signature® Card: 0%
- U.S. Bank Altitude Reserve Visa Infinite® Card: 0%
- U.S. Bank Altitude® Connect Visa Signature® Card: 0%
- U.S. Bank FlexPerks® Gold American Express® Card: 0%
- U.S. Bank Cash+® Visa Signature® Card: 3%
- U.S. Bank Visa® Platinum Card: 3%
- U.S. Bank Secured Visa® Card: 3%
If...
read full answerWhat's the best U.S. Bank credit card with no foreign transaction fees?
One of the best U.S. Bank credit cards with no foreign transaction fee is the U.S. Bank Altitude® Connect Visa Signature® Card. In addition to a 0% foreign fee, this card is good for international travel because of its ongoing rewards of 1 - 5 points per $1 spent on purchases.
Some of the Best U.S. Bank Cards with No Foreign Fees
- Best for Ongoing Rewards: U.S. Bank Altitude® Connect Visa Signature® CardU.S. Bank Altitude® Connect Visa Signature® CardLearn MoreLearn More
- Best for Initial Bonus: U.S. Bank Altitude Reserve Visa Infinite® CardU.S. Bank Altitude Reserve Visa Infinite® CardLearn MoreLearn More
- Best for Air Travel: SKYPASS Visa® Signature Credit CardSKYPASS Visa® Signature Credit CardLearn MoreLearn More
- No Annual Fee: U.S. Bank Altitude® Go Visa Signature® CardU.S. Bank Altitude® Go Visa Signature® CardLearn MoreLearn More
In addition to using a card with no foreign transaction fees, you’ll want to avoid dynamic currency conversion while you’re abroad. By doing these two things, you could...
read full answerWhat do I need to know before using my credit card abroad?
Taking the following credit-card precautions will help you save money and avoid unnecessary hassle while using your credit card abroad.
- Get a no foreign transaction fee credit card. Do this before booking flights, hotels, etc. Foreign transaction fees will be assessed on any purchase made through a foreign merchant, even before you leave the U.S.
- Call your credit card company. Most credit card companies require you to notify them of international travel plans. If...
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