CAPITAL ONE CREDIT CARD NO FOREIGN TRANSACTION FEE

Last updated: June 19, 2025, 22:48 | Written by: Joseph Lubin

Dreaming of strolling through Parisian cafes, exploring ancient ruins in Rome, or haggling for souvenirs in a bustling Moroccan market?Travel is an enriching experience, but the excitement can quickly turn sour when you're hit with unexpected fees.One of the most common culprits?Foreign transaction fees.Luckily, with the right credit card, you can wave goodbye to these pesky charges and keep more money in your pocket. How we chose the best no-foreign-transaction-fee credit cards. We rated the best no-foreign-transaction-fee credit cards based on several factors, including reward earning rates, annual fees, travel protections and transferable rewards. To learn about how TPG evaluates and chooses cards for our roundups, check out our methodology.If you're a Capital One cardholder or considering becoming one, you're in luck.In fact, *all* U.S.-issued Capital One credit cards come with the fantastic perk of no foreign transaction fees. However, paying with a credit card is often the most convenient option, provided it's a credit card with no foreign transaction fees. Some credit card issuers will charge a foreign transaction fee when you make a purchase abroad.This means you can swipe, tap, or insert your card abroad without incurring extra charges on every purchase.This guide will delve into the world of Capital One's no-foreign-transaction-fee credit cards, exploring the benefits, highlighting some popular options, and answering your burning questions so you can travel with confidence and financial peace of mind.

Why Choose a Capital One Credit Card with No Foreign Transaction Fee?

Foreign transaction fees can quietly chip away at your travel budget. When using most HSBC-branded ATMs internationally, all customers are not charged ATM withdrawal fees; however, a foreign transaction fee of 3% would apply. This 3% transaction fee is waived for HSBC Premier checking account customers with a $100,000 maintained balance in combined deposit accounts and investments or a qualifying commercialTypically, these fees range from 1% to 3% of each transaction made outside the United States.Imagine spending $1,000 on your trip – you could be facing an additional $10 to $30 in fees!Choosing a Capital One credit card with no foreign transaction fee eliminates this worry, allowing you to focus on enjoying your trip rather than calculating hidden costs.

Save Money: Avoid the typical 3% foreign transaction fee on all international purchases.For every $100 spent, you save $3!
Budgeting Made Easy: Predictable spending allows for better travel budget planning.
Convenience: Use your credit card with confidence anywhere it's accepted, knowing you won't be penalized with extra fees.
Peace of Mind: Focus on enjoying your trip, not calculating foreign transaction fees.

Capital One's Commitment to No Foreign Transaction Fees

Unlike many other credit card issuers, Capital One has made a conscious decision to eliminate foreign transaction fees across its entire U.S.-issued credit card portfolio. The Capital One Savor Card, which was marketed as the SavorOne card during the fielding period, received the highest score in the Bank Rewards Credit Card No Annual Fee segment (excluding co-brand credit cards) of the J.D. Power 2025 U.S. Credit Card Satisfaction StudySM, which profiles the experiences of customers from the largest creditThis isn't a limited-time promotion or a perk reserved for premium cards – it's a standard feature designed to benefit all cardholders.This commitment makes Capital One a compelling choice for anyone who travels internationally, even occasionally.

This policy extends beyond purchases made in foreign countries.It also applies to online transactions with foreign vendors, adding another layer of cost savings and convenience.

Popular Capital One Credit Cards with No Foreign Transaction Fees

Capital One offers a diverse range of credit cards with no foreign transaction fees, catering to different spending habits and credit profiles. Capital One doesn t charge foreign transaction fees. Do I need to notify Capital One of my travel plans? No, You don't need to notify us about your travel plans because of the added security of your Capital One card.Here are a few popular options:

Capital One Venture X Rewards Credit Card

The Capital One Venture X Rewards Credit Card is a premium travel card known for its generous rewards and travel perks.While it comes with a $395 annual fee, the benefits can easily outweigh the cost for frequent travelers. Unlike many cards that charge foreign transaction fees (usually around 3%), the Capital One Venture Rewards Credit Card has no foreign transaction fees. This makes it an excellent choice for international travelers who want to avoid extra charges while making purchases abroad.It’s frequently cited as an excellent option for non-bonused spending abroad due to the strong rewards rate.

Earning Rate: Earns 2x Capital One miles per dollar spent on all purchases, which can be redeemed for travel, cash back, or gift cards.
Key Benefits:
- $300 annual travel credit for bookings through Capital One Travel.
- 10,000 bonus miles every account anniversary.
- Complimentary access to Capital One Lounges and Priority Pass lounges.
- Up to $100 credit for Global Entry or TSA PreCheck application.

Capital One Venture Rewards Credit Card

The Capital One Venture Rewards Credit Card offers a balance of valuable rewards and a more accessible annual fee.This makes it a solid choice for travelers who want to earn miles without paying a hefty premium.

Earning Rate: Earns 2x miles on every purchase, every day.
Key Benefits:
- Up to $100 credit for Global Entry or TSA PreCheck application.

Capital One VentureOne Rewards Credit Card

For travelers seeking a no-annual-fee option, the Capital One VentureOne Rewards Credit Card is an excellent choice. These fees can run anywhere from 1 percent to 3 percent of each credit card transaction you make, meaning you ll run into them whenever you make purchases using your credit card outside the U.SIt offers a straightforward rewards structure and no foreign transaction fees, making it a budget-friendly companion for international trips.

Earning Rate: Earns a flat 1.25x Capital One miles on all purchases.
Key Benefits:
- 0% intro APR on purchases and balance transfers for a limited time.

Capital One Savor and SavorOne Cards

If you're a foodie or enjoy dining out, the Capital One Savor and SavorOne cards offer compelling rewards for dining, entertainment, and grocery purchases. See full list on financebuzz.comBoth cards also come with no foreign transaction fees.

Earning Rate (Savor): 4% cash back on dining, entertainment, and streaming services; 2% at grocery stores; 1% on all other purchases.
Earning Rate (SavorOne): 3% cash back on dining, entertainment, popular streaming services and at grocery stores (excluding superstores like Walmart and Target), 1% on all other purchases.

Capital One Quicksilver and QuicksilverOne Cards

For those who prefer a simple cash-back rewards structure, the Capital One Quicksilver and QuicksilverOne cards are excellent choices.Both cards offer a flat cash-back rate on all purchases and, importantly, have no foreign transaction fees.

Earning Rate (Quicksilver): 1.5% cash back on all purchases.
Earning Rate (QuicksilverOne): 1.5% cash back on all purchases. Capital One does not charge foreign transaction fees. Whether you re looking for a secured or unsecured credit card, you ll never be charged this fee for making a purchase outside the U.S. or with a foreign vendor online. This no-foreign-transaction fee policy goes for travel rewards cards like the Venture X Card and VentureOne Card.The QuicksilverOne card is designed for individuals with fair credit.

Capital One Quicksilver Secured Cash Rewards Credit Card

Even those looking to build or rebuild their credit can benefit from Capital One's no foreign transaction fee policy. To help you find the best option, CNBC Select rounded up the top credit cards with no foreign transaction fees and broke them down into specific categories. (See our methodology forThe Capital One Quicksilver Secured Cash Rewards Credit Card allows you to earn cash back while establishing a positive credit history. Your Capital One credit card can be a handy travel companion as it's accepted in millions of places both at home and abroad. There are certain fees or charges which will apply if you make a transaction in a foreign currency. We'll explain the charges here, but it's also a good idea to check yourIt's a secured card, meaning you'll need to provide a security deposit, but it offers valuable rewards and no foreign transaction fees.

Earning Rate: Earn 1.5% - 5% cash back on all purchases.

Beyond Credit Cards: Capital One 360 Accounts and Foreign Transaction Fees

Capital One's commitment to no foreign transaction fees extends beyond credit cards.The Capital One 360 Checking account and other 360 account products also waive foreign transaction fees when using your debit card abroad.This can be a convenient option for accessing cash at ATMs or making purchases directly from your checking account.

While Capital One credit cards and 360 accounts typically don't charge foreign transaction fees, it's always wise to double-check the specific terms and conditions of your account to ensure you're aware of any potential fees.

Understanding Foreign Transaction Fees vs. One of the best secured credit cards with no foreign transaction fee is the Capital One Quicksilver Secured Cash Rewards Credit Card because it offers 1.5 - 5% cash back on all purchases and has a $0 annual fee. The card requires a minimum deposit of $200 and accepts even people with bad credit.Other International Fees

It's important to distinguish between foreign transaction fees and other fees you might encounter while traveling abroad.

Foreign Transaction Fees: These are fees charged by your credit card issuer for transactions made outside the U.S. or with foreign merchants. Capital One does not charge these fees on its credit cards.
Foreign ATM Fees: These are fees charged by ATM operators when you withdraw cash from an ATM outside your bank's network or in a foreign country. Luckily, using the right card can make those extra costs easy to avoid. The best no foreign transaction fee credit cards typically save you about 3% on every transaction priced in a differentWhile Capital One doesn't charge a foreign transaction fee on its debit cards for 360 accounts, the ATM operator may still charge a fee.
Currency Conversion Fees: These are fees charged by merchants or payment processors for converting your transaction into U.S. dollars.This is separate from a foreign transaction fee and is generally built into the exchange rate.

Tips for Maximizing Your Savings with a Capital One Credit Card Abroad

While having a Capital One credit card with no foreign transaction fee is a great start, here are a few tips to help you maximize your savings while traveling internationally:

Pay in the Local Currency: When given the option, always choose to pay in the local currency of the country you're visiting.This allows your credit card issuer to handle the currency conversion, which typically results in a more favorable exchange rate than letting the merchant or payment processor do it.
Be Aware of Dynamic Currency Conversion (DCC): DCC is a service offered by some merchants that allows you to pay in your home currency (USD) instead of the local currency. Direct transaction fees. Some cards add a foreign transaction fee of up to 3% for all transactions not processed in US Dollars. Not all cards have foreign transaction fees avoid the ones that do when traveling overseas. The Capital One Savor card, for example, has no foreign transaction fees. Costs due to the exchange rateWhile it might seem convenient, DCC often comes with inflated exchange rates and hidden fees, so it's generally best to avoid it.
Use Your Card for Purchases: Credit cards generally offer better exchange rates than exchanging cash at currency exchange booths.Use your Capital One card for as many purchases as possible to take advantage of these favorable rates.
Consider a Travel Rewards Card: If you travel frequently, consider a Capital One travel rewards card like the Venture or Venture X.These cards offer valuable rewards on travel purchases and can help you offset the cost of your trips.
Avoid Cash Advances: Cash advances on credit cards typically come with high interest rates and fees. The Capital One VentureOne Rewards Card has a $0 annual fee and no foreign transaction fees, helping keep costs down when traveling abroad. The card comes with a 0% intro APR on purchases andAvoid using your Capital One card to withdraw cash from ATMs unless absolutely necessary.

Do I Need to Notify Capital One of My Travel Plans?

Thankfully, due to the added security features of Capital One cards, you typically do not need to notify Capital One of your travel plans. Foreign transaction fees: Fees charged on transactions made outside the country are called foreign transaction fees. None of Capital One s US-issued credit cards include this type of fee. Over-limit fees: If a credit card balance exceeds the limit on the card, you may be subject to over-limit fees. Capital One cardholders are usually notHowever, it's always a good idea to check with Capital One directly or through their mobile app to confirm their current policy. There aren t many solid travel rewards credit cards out there that have no foreign transaction fees, so this is a great option abroad. The Capital One VentureOne Card has a straightforward rewards structure, and offers a flat 1.25x Capital One miles on all purchases.While not required, notifying them can provide an extra layer of protection against potential fraud alerts.

Understanding Exchange Rates and How They Impact Your Spending

While Capital One eliminates foreign transaction fees, it's crucial to understand how exchange rates work and how they affect your spending abroad. For 360 products (360 Checking, Money, etc.) there are no additional fees when you use your debit card abroad (any transaction made in a foreign currency or that MasterCard classifies as a cross-border transaction).Exchange rates fluctuate constantly based on various economic factors.

Capital One uses a competitive exchange rate when converting foreign currency transactions into U.S. dollars.This rate is typically based on the prevailing market rate at the time of the transaction. The $395 annual fee Capital One Venture X Rewards Credit Card is the best card for non-bonused spending abroad, as the card offers 2x Capital One miles per dollar spent, which I value at a 3.4% return. So while there aren t any exciting bonus categories here, just earning that return on all spending is tough to beat.Although Capital One doesn’t add an additional fee, the exchange rate itself can impact the final cost of your purchase.

Comparing Capital One to Other Credit Card Issuers: Foreign Transaction Fees

Many credit card issuers charge foreign transaction fees, typically around 3% of the transaction amount.This can quickly add up, especially on longer trips or when making large purchases.

Capital One stands out for its consistent policy of waiving foreign transaction fees on all U.S.-issued credit cards.This makes Capital One a more attractive option for international travelers compared to issuers that impose these fees.

Capital One Credit Card No Foreign Transaction Fee: Frequently Asked Questions

Here are some frequently asked questions about Capital One credit cards and foreign transaction fees:

Q: Do all Capital One credit cards have no foreign transaction fees?

A: Yes, all U.S.-issued Capital One credit cards have no foreign transaction fees.

Q: Does the Capital One 360 Checking account have foreign transaction fees?

A: No, the Capital One 360 Checking account and other 360 account products do not have foreign transaction fees when using your debit card.

Q: Will I be charged any other fees when using my Capital One card abroad?

A: While Capital One doesn't charge foreign transaction fees, you may encounter ATM fees from the ATM operator when withdrawing cash or currency conversion fees charged by merchants or payment processors if you choose to pay in U.S. dollars.

Q: How can I find out the specific exchange rate used for my transaction?

A: The exchange rate used for your transaction will be displayed on your credit card statement or online account activity.

Q: Are there any downsides to using a Capital One credit card abroad?

A: The primary potential downside is the exchange rate fluctuation.While Capital One offers competitive rates, they can still vary slightly. The Capital One QuicksilverOne Cash Rewards Credit Card charges no foreign transaction fees regardless of credit score. CNBC Select breaks down rewards, benefits and fees associated with it, soAlso, acceptance of credit cards can vary in some countries, so it's always good to have some local currency on hand.

Conclusion: Travel Smarter with Capital One

Choosing a Capital One credit card with no foreign transaction fee is a smart move for any traveler looking to save money and simplify their international spending. No Foreign Transaction Fees. The 50% off handcrafted beverage discount is applicable with the use of any Capital One credit card, debit card, or co-branded cardWith a wide range of cards to choose from, catering to various spending habits and credit profiles, Capital One makes it easy to find the perfect travel companion.By eliminating foreign transaction fees, Capital One allows you to focus on what truly matters: experiencing the world and creating unforgettable memories.So, pack your bags, grab your Capital One card, and embark on your next adventure with confidence and financial peace of mind. In fact, none of Capital One s U.S.-issued credit cards have foreign transaction fees. View important rates and disclosures. Learn how foreign transaction fees work and explore some of Capital One s rewards credit cards with no foreign transaction fees.Consider exploring the Venture, VentureOne, or Quicksilver options depending on your travel frequency and preferred rewards structure. Capital One doesn t charge foreign transaction fees on its credit cards, or on spending with your Capital One 360 debit card . However, when you re abroad, you may still end up paying more than you d expect thanks to the way banks work out what exchange rates to offer you.Remember to always pay in the local currency and be mindful of ATM fees to maximize your savings. Capital One has no foreign transaction fee credit cards as a standard, and also offers some checking accounts with linked debit cards that don t have a foreign transaction fee to pay.With Capital One, you can travel smarter and make the most of your international experiences.