Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Skip to content
Home » What happens if I use my credit card in a foreign country?

What happens if I use my credit card in a foreign country?

When using your credit card in a foreign country, it’s crucial to understand the potential fees associated with international transactions. Most credit cards that charge foreign transaction fees typically add an extra 3% to 5% to every purchase made abroad. This means that if you use your card to buy something for $100 in another country, you could end up paying an additional $3 to $5 on top of the purchase price. These fees can add up quickly, especially if you’re traveling for an extended period or making large purchases.

Fortunately, there are credit cards available that do not impose foreign transaction fees. These cards are designed to be traveler-friendly and can save you money when making purchases overseas. Some of these cards even offer travel rewards, making them an excellent choice for frequent travelers. By using a credit card without foreign transaction fees, you can avoid the extra costs that come with using traditional cards in foreign countries. This can make your international travels more affordable and hassle-free.

Before traveling abroad, it’s a good idea to check with your credit card issuer to see if they charge foreign transaction fees. If they do, you might want to consider applying for a credit card that doesn’t have these fees. This small step can lead to significant savings over time, allowing you to enjoy your travels without worrying about unnecessary charges. So, whether you’re planning a vacation or frequently travel for business, choosing the right credit card can make a difference in how much you spend while abroad.

(Response: Using a credit card with foreign transaction fees can result in additional charges of 3% to 5% per purchase. Opting for a credit card without these fees, especially ones offering travel rewards, can save money and make international transactions more cost-effective.)