Hector Molina, WalletHub Analyst
The Wells Fargo Platinum card foreign transaction fee is 3% of all purchases made from merchants outside the U.S. This applies whether it’s a purchase at a physical location in a foreign country or an online transaction through an internationally-based merchant.
Alternative Credit Card Option
If you’re looking for a similar credit card that comes with no foreign transaction fees, you should consider getting the Capital One Quicksilver Cash Rewards Credit Card. Apart from $0 foreign transaction fees and intro APRs on both purchases and balance transfer, this card also offers rewards. You can earn 1.5 - 5% cash back on purchases, plus a bonus of $200 for spending $500 in the first 3 months.
Keep in mind that you need at least good credit to get approved for this card. If you’d like to know where you stand, you can check your credit score for free, right here on WalletHub.
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