Maria Adams, Credit Cards Moderator
@m_adams
The Wells Fargo Cash Wise foreign transaction fee is 3%. The fee is added to the total amount of any transaction made outside of the United States or through an internationally-based merchant online. The fee is within the 1%-3% range that other issuers charge for foreign transactions.
If you frequently make purchases outside of the U.S., the Wells Fargo Cash Wise would not be a worthy travel companion. The card offers 1.8% cash back on digital wallet purchases during the first 12 months and 1.5% back on all other purchases, plus $150 for spending $500 in the first 3 months. However, any rewards earned will be reduced, if not wiped out completely, by a 3% fee tacked on to each international transaction.
Here’s some more info about the Wells Fargo Cash Wise card:
- Wells Fargo Cash Wise Foreign Transaction Fee: 3%
- When It Applies: Transactions processed internationally, in-person and online.
- International Acceptance: 200+ countries and territories
- Annual Fee: $0
If you are looking for a credit card with no foreign transaction fees there are lots of really good options. So, make sure to shop around.
Ultimately, it is worth noting that the Wells Fargo Cash Wise foreign transaction fee is not uncommon, as nearly 90 percent of all credit cards on the market charge extra for international purchases. Capital One and Discover cards are among the best alternatives because they are two of only a handful of major issuers that do not charge foreign transaction fees on any of their cards. Credit cards from USAA, HSBC, and BECU also come with no foreign transaction fee.

Wells Fargo Cash Wise Visa® card
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