Maria Adams, Credit Cards Moderator
@m_adams
The Visa foreign transaction fee is usually either 0% or 3%, depending on which Visa credit card or debit card you have. The foreign transaction fee is typically 0% for most Visa travel rewards credit cards, which are built for spending all around the world. Also, some credit card companies, such as Capital One, don’t charge foreign fees on any of their cards. However, many other Visa cards come with foreign transaction fees of 1%, 2% or even 3%.
If your Visa card does have a foreign transaction fee, you’ll have to pay it any time you make a purchase from a merchant that’s based in a country other than the U.S. That means the fee applies to online purchases processed internationally, too. It's also important to note that these fees are charged by the bank or credit union that issued your Visa card, not directly by Visa.
Notable Visa Foreign Transaction Fees
| Card | Foreign Transaction Fee |
| All Capital One Visa cards | $0 |
| All USAA Visa cards | 0% |
| Chase Sapphire Preferred® Card | $0 |
| Bank of America® Travel Rewards credit card for Students | $0 |
| U.S. Bank Shield™ Visa® Card | 3% |
| Chase Freedom Unlimited® | 3% of each transaction in U.S. dollars |
| Wells Fargo Reflect® Card | 3% |
| Credit One Bank® Platinum Visa® | 3% or $1, whichever is greater |
As you can see, there are a lot of opportunities to get a Visa card with no foreign transaction fee. That’s definitely a good idea before traveling (or shopping) abroad, since Visa is accepted just about everywhere that takes credit cards worldwide.
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