SESKStuff Everyone Should Know
SESK: Stuff Everyone Should Know · sesk.info/wt-foreign-transaction-fees

If you travel overseas often, what credit card feature does the CFPB suggest considering?

A card with low or no foreign transaction fee.

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  1. A higher annual fee
  2. A bigger cash advance limit
  3. Low or no foreign transaction fee ✔

Why: Some cards add a foreign transaction fee to purchases made abroad. On a long trip those charges add up, so check your card's terms before you go.

Huh, didn't know that: Credit card fees can be a set dollar amount or a percentage of each transaction.

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My card has a foreign transaction fee, so every souvenir has a small jet lag surcharge.
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References

Answer: Low or no foreign transaction fee. Some cards add a foreign transaction fee to purchases made abroad. On a long trip those charges add up, so check your card's terms before you go.

  1. Know before you owe: credit cards (CFPB) www.consumerfinance.gov/data-research/credit-card-data/know-you-owe-credit-cards
    If you travel overseas frequently, you may consider a card with lower or no foreign transaction fee.
    Checked 2026-10-12.

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