Use our table to compare Bank of America credit cards with no foreign transaction fee. Select up to four cards to see how their features stack up side by side. You can also choose "Show filters" to narrow your search to products that fit your credit score range and have the benefits you need most. Show Bank of America charges a 3% foreign transaction fee, though there are some Bank of America cards — such as the Bank of America® Premium Rewards® credit card — that have no foreign transaction fee at all. A foreign transaction rate of 3% is standard for most providers on the market, and you’ll find this fee on roughly half of the provider’s cards. There are some
The Bank of America® Customized Cash Rewards is Bank of America’s most popular cashback card and competes respectably with the rest of the market as a card that promotes flexibility thanks to its reward structure and intro APR on purchases. The BankAmericard® Credit Card on the other hand is a reliable intro APR card that features an intro APR on both purchases and balance transfers – a rarity in today’s market. Bank of America has a variety of travel cards available that feature no foreign transaction fees, giving you several strong options if this is the type of card you’re looking for. Pros
Cons
Paying no foreign transaction fees is a useful perk for anyone traveling abroad or for online shopping with foreign merchants. But there are other card features that you should keep in mind before you choose a card, such as:
Aside from paying no foreign transaction fees, other benefits you’ll find are:
It’s pretty easy to see the difference a no foreign transaction fee card can make on your bank account if you’re making purchases abroad. Here’s a quick example using a two Bank of America cards – one with foreign transaction fees and one without.
This largely depends on personal needs. For example, for an occasional excursion abroad or buying items and services from foreign merchants, a simple, no-annual-fee card with no foreign transaction fees would do the trick; It won’t cost you anything to own the card, plus you’ll save 3% off of every transaction. That’s $30 saved on $1,000 spent. But frequent travelers who want the best value for the money should consider a no-foreign-transaction-fee card that has an annual fee because this type of cards often comes with the best travel benefits and rewards. Bank of America has an extensive collection of no-foreign-transaction-fee cards. It offers its own general travel cards as well as several cobranded products. If you’d like to learn more, read our guide to no-foreign-transaction-fee credit cards. Kevin Joey Chen was a credit cards, banking and investments writer for Finder. His work and analysis have appeared on CNN, U.S. News & World Report, Business.com, Lifehacker and CreditCards.com. More guides on FinderIs there a foreign transaction fee on Bank of America Travel Rewards card?The Bank of America Travel Rewards card is worth it in part because it gives 25,000 points to online applicants who spend $1,000 in the first 90 days. It also rewards all users with at least 1.5 points / $1 spent on all purchases, and it has a 0% foreign transaction fee.
Which Bank of America Card has no foreign transaction fee?Bank of America® Premium Rewards® credit card: 0% foreign fee. Chase Freedom Unlimited®: 3% of each transaction in U.S. dollars foreign fee. Wells Fargo Reflect® Card: 3% foreign fee. Credit One Bank® Platinum Visa®: 3% or $1, whichever is greater foreign fee.
How do I avoid foreign transaction fees when traveling?The easiest way to avoid a foreign transaction fee is to use a debit or credit card that waives foreign transaction fees while traveling abroad. Luckily, there are plenty of credit and debit card options that offer this perk for those crossing borders.
How much does bofa charge for foreign transaction fees?Credit card foreign transaction fee chart. |