Most credit cards typically charge a transaction fee of 3% on your purchases in foreign countries. For example, if you use a credit card to pay $1,000 for purchases or for hotel stays in Canada, Asia, or Europe, you may end up with paying a bill of $1,030 after the 3% foreign-transaction surcharge is priced in. This is why credit cards with no foreign transaction fees are very useful for international travelers to save money.
If you may travel abroad, it is always a good idea to carry a credit card with no foreign transaction fees so that it will save you a lot for purchases overseas. Check out the credit cards with no foreign transaction fees. [ Shop Now ]