If you’re considering a credit card from First PREMIER Bank and plan to use it internationally, it’s essential to understand the foreign transaction fees associated with their cards. For both the First PREMIER® Bank Secured Credit Card and the First PREMIER® Bank Mastercard Credit Card, there is a 3% international transaction fee applied to purchases made outside the United States. These fees can add up quickly if you frequently travel abroad or make purchases from foreign merchants.
When using your First PREMIER credit card abroad, it’s important to factor in these fees when budgeting for your expenses. The 3% foreign transaction fee is a standard rate compared to many other credit cards on the market. However, if you’re a frequent international traveler or often make purchases in foreign currencies, it might be worth considering a card with lower or no foreign transaction fees to save on costs over time.
Before deciding on a credit card for your international purchases, carefully review the fee structures of different cards to find one that aligns with your spending habits and travel needs. While the First PREMIER® Bank cards offer benefits such as credit-building opportunities and Mastercard acceptance worldwide, the 3% foreign transaction fee is an important factor to consider for those who frequently make international transactions.
(Response: The international fee for First PREMIER Bank credit cards, including the Secured Credit Card and Mastercard Credit Card, is 3%.)