Posted by sirtheta on January 19, 2017
Credit Card Benefits No FTF

Published on January 19th, 2017 | by sirtheta

75

Master List of No Annual Fee, No Foreign Transaction Fee Cards

In the comments of my Chase Amazon Prime Rewards Visa Signature Card review, reader jwl mentioned that one of the hidden benefits of the new card is that there is no longer a foreign transaction fee, which is rare among no-annual-fee cards from big issuers. This is an attempt to compile a comprehensive list of such cards, broken down by credit card network.

Where appropriate, I have split out specific banks to provide some necessary commentary. Elsewise, the cards are listed in alphabetical order within their card network. Noted in parentheses after the card is whether it is a student, business, or secured card, along with the type of card it is, such as World MasterCard or World Elite MasterCard. You can view Visa benefits by card type here and MasterCard benefits by card type here. Relevant rewards information is listed after that.

The intent of this post is to cover major issuers, so only the biggest federal credit unions are included. This excludes Andrews FCU & State Department FCU, for example, which both have no-AF, no-FTF cards. Other examples can be found in the comments: 1 (First Tech FCU), 2 (NASA FCU), 3 (Star One).

As always, remember that we do not use credit card affiliate links, so the inclusion or order of cards on this list is not biased by monetary incentives.

MasterCard

  • Bank of America Travel Rewards (World MasterCard). 1.5x miles on all purchases & an additional 1.5x miles on Bank of America Travel Center purchases; more for Preferred Rewards clients.
  • Barclaycard Arrival (World MasterCard). 2x miles travel and dining & 1x miles on all purchases.
  • Barclaycard JetBlue. 3x TrueBlue points on JetBlue, 2x TrueBlue points on restaurants and groceries, 1x TrueBlue points on all other purchases.
  • Barclaycard Ring. No rewards.
  • Chase Military cards (Army MWR, Air Force Club, Marine Corps MCCS, Navy MWR). 2% cashback at the Commissary, the Exchange, and MWR locations & 1% cashback on all other purchases.
  • First National Bank of Omaha Mlife Rewards. 3x Mlife points at Mlife, 2x Mlife points on gas and groceries, 1x Mlife points on all other purchases.
  • Sam’s Club. 5% cashback on gas, 3% cashback on dining and travel, 1% cashback on all other purchases.
  • Target REDcard. 5% cashback at Target & Target.com.
  • US Bank AAA Dollars Plus (World MasterCard). 3% cashback on AAA and travel; 2% cashback on gas, groceries, and drugstores; and 1% cashback on all other purchases. (Availability & issuing bank depends on location—thanks, reader jf!).

CapitalOne

CapitalOne does not charge a foreign transaction fee on any of their cards, including their secured card. There are two versions of the Quicksilver & Venture cards. The Quicksilver has no annual fee while the QuicksilverOne has a $39 annual fee. The VentureOne has no annual fee while the Venture has a $59 annual fee. No, it doesn’t make any sense to me either!

  • Quicksilver (World Elite MasterCard). 1.5% cashback on all purchases.
  • VentureOne (World Elite MasterCard). 1.25x miles on all purchases.
  • Premier Dining Rewards (World Elite MasterCard). 3% cashback on dining, 2% cashback on groceries, 1% cashback on all other purchases.
  • Platinum (Platinum MasterCard). No rewards.
  • Secured (Secured, Platinum MasterCard). No rewards.
  • BuyPower. 5% on first $5,000 of purchases and 2% thereafter.
  • GM Extended Family. 1% on all purchases.

HSBC

The HSBC Advance card has no annual fee if you are an HSBC Advance or Premier client, and has a $45 annual fee otherwise. The HSBC Premier has no annual fee if you are an HSBC Premier client, and has a $95 annual fee otherwise. In both cases, no annual fee will be assessed within the first year of card membership. I understand it is cheating a little bit to include the two cards, but I think they’re important for procuring a full list.

  • HSBC Advance. 2X Rewards Program Points on dining and select entertainment & 1x Rewards Program Point on all other purchases.
  • HSBC Platinum. No rewards.
  • HSBC Platinum with Rewards. 1x Rewards Program Points on all purchases.
  • HSBC Premier (World MasterCard). 1x Rewards Program Points on all purchases.

Navy Federal

Navy Federal does not charge a foreign transaction fee on any of their cards, including their secured card. Two of their cards can be obtained in a MasterCard version.

  • Platinum. No rewards.
  • nRewards Secured (Secured). 1x points on all purchases.

Visa

  • Bank of America AAA Member Rewards (Visa Signature). 3x points on AAA and travel; 2x points on gas, grocery, and drugstore; and 1x points on all other purchases. (Availability depends on location).
  • Bank of America Merrill+ (Visa Signature). 1x Merrill points on all purchases.
  • Bank of America Travel Rewards (Visa Signature). 1.5x miles on all purchases & an additional 1.5x miles on Bank of America Travel Center purchases; more for Preferred Rewards clients.
  • Barclaycard Priceline (Visa Signature). 5x points on Priceline.com & 1x points on all other purchases.
  • Barclaycard Princess Cruises Rewards (Visa Signature). 2x point on Princess Cruises purchases & 1x points on all other purchases.
  • Barclaycard Wyndham Rewards (Visa Signature). 3x points on Wyndham and participating hotel stays & 2x points on gas, utilities, and groceries
  • Chase Amazon Prime Rewards (Visa Signature). 5% cashback at Amazon; 2% cashback at restaurants, gas stations, and drug stores; and 1% cashback on all other purchases.
  • Citi Best Buy. 2.5x point at Best Buy, 1x points on dining and grocery, 0.5x points on all other purchases (points worth 2¢ at Best Buy).
  • Comenity Orbitz Rewards (Visa Signature). extra 3-5% cashback in Orbucks for hotels through Orbitz (5% for mobile app bookings; you earn 5% automatically), 7% cashback in Orbucks at qualifying restaurants, 6% cashback in Orbucks on airfare, 2% cashback in Orbucks on all other purchases.
  • ICBC Preferred. 1% cashback on all purchases.
  • TD Cash (Visa Signature). 2% cashback on dining & 1% cashback on all other purchases.

CapitalOne

CapitalOne does not charge a foreign transaction fee on any of their cards, including their student & business cards. There are two version of the Spark Cash & Spark Miles cards. The Spark Cash Select & Spark Miles Select have no annual fee while the Spark Cash & Spark Miles have a $59 annual fee. The CapitalOne cards available as a MasterCard may also be issued as a Visa.

  • Journey (Student, Visa Platinum). 1% cashback on all purchases, boosted to 1.25% if you pay on time.
  • Spark Cash Select (Business, Visa Signature). 1.5% cashback on all purchases.
  • Spark Miles Select (Business, Visa Signature). 1.25x miles on all purchases.
  • Spark Classic (Business, Visa Business). 1% cashback on all purchases.

Navy Federal

Navy Federal does not charge a foreign transaction fee on any of their cards, including their secured card. All of their cards are available as Visa.

  • cashRewards (Visa Signature). 1.5% cashback on all purchases.
  • GO REWARDS (Visa Signature). 3x points on restaurants, 2x points on gas, 1x points on all other purchases.
  • Platinum. No rewards.
  • nRewards Secured (Secured). 1x points on all purchases.

PenFed

PenFed does not charge a foreign transaction fee on any of their cards. The Platinum Cash Rewards card has a $25 annual fee and earns 3% cashback on gas, but the annual fee is waived and the card earns 5% cashback on gas if you qualify for the Plus version by having a qualifying product with PenFed.

  • Defender (Visa Signature). 1.5% cashback on all purchases.
  • Gold (Visa Gold). No rewards.
  • Platinum Rewards (Visa Signature). 5x points on gas, 3x points on groceries, 1x points on all other purchases.
  • Platinum Cash Rewards Plus (Visa Platinum). 5% cashback on gas.
  • Promise. No rewards.

USAA

USAA does not charge a foreign transaction fee on any of their cards, including their secured card. A complete list of USAA cards was written up by Will at this link.

American Express

PenFed

  • Defender. 1.5% cashback on all purchases.
  • Premium Travel Rewards. 5x points on airfare & 1x points on all other purchases.

USAA

USAA does not charge a foreign transaction fee on any of their cards, including their secured card. A complete list of USAA cards was written up by Will at this link.

Discover

Discover does not charge a foreign transaction fee on any of their cards, including their student & secured cards. In addition, Discover has an agreement with Diners Club International, UnionPay, and JCB in certain regions—so you can use your Discover card at any merchant that accepts those networks, broken down by region as follows:

Diners Club International: Africa, Asia, Europe, South America, and Oceania.

UnionPay: Mainland China (caveat below).

JCB: Japan.

Discover maintains a list of card networks they operate on, by region, at this link.

UnionPay

Because this list covers cards issued in the US, these cards will not work with Alipay or WeChat. They also present difficulties when used in mainland China due to the lack of proper EMV support by many point-of-sale (POS) machines. Swiping would work, except that very few merchants have swipe-only POS machines. You can read more in this comment thread.

Debit Cards

These debit cards do not charge a foreign transaction fee for debit card purchases, with the exception of the Fidelity debit card.

  • CapitalOne.
  • Charles Schwab (Visa Platinum). In addition, all ATM fees are reimbursed. A truly remarkable debit card.
  • Discover.
  • Fidelity (Visa Gold). Does have a 1% foreign transaction fee for purchases, but not ATM withdrawals. All ATM fees are reimbursed if you have a Fidelity Cash Management Account, if you are a Fidelity Account Premium Client or Private Client, or if your annual household trading activity is at least 120 stock, bond, or option trades.
  • Target REDcard (MasterCard). 5% cashback at Target & Target.com. Only usable at Target (thanks, reader 007!).
  • TD Bank.

Questions? Missing a card? Comment below!



75 Responses to Master List of No Annual Fee, No Foreign Transaction Fee Cards

  1. Daniel says:

    How is the Target REDcard a debit card?

  2. blue9 says:

    Thanks sirtheta. The other day I was looking for a list of all Amex cards that comes with free AUs to maximize Amex Sync offers. Maybe that can be a future post? 🙂

  3. Sa says:

    Bofa AAA,, 3x travel

  4. Rob says:

    Fidelity 2% visa has a 1% foreign tax fee, but net net that’s still 1% rewards.

    • PT says:

      Looking at the current Fidelity 2% Visa disclosure sheet at http://fidelityrewards.com/credit/benefits.do (click on Cardmember Agreement), it says:

      Foreign Transaction Fee: Up to 3%
      Annual Fee $0-200

      Seems like the terms have degraded since the original release of this Visa, though perhaps only for some cardholders? Even if they do vary the above depending on the person, applying means you have no idea what fee structure you may be getting.

  5. leo says:

    amazon cc will have no international fees

  6. Bob says:

    Barclay’s Priceline Visa has no annual fee, no FTF.

    • sirtheta says:

      I’ve added this card; thank you for the assist!

    • THF13 says:

      How does redeeming rewards work for this card? I have a friend interested in it because he wants a card with offline chip and pin but the no-fee version of the arrival card isn’t available anymore. Can you only use the rewards on priceline?

      • Chucks says:

        You make a purchase and redeem rewards against that purchase, at a rate of 1 cent a point, similar to the Arrival. You get an extra 10% back on travel purchases and can redeem for Priceline Name Your Own Price at 1.5 cents a point. These bonuses stack, so Priceline redemptions trigger the 10% back. I have the defunct 2 points/$ version which is insane.

  7. Rubayeth says:

    Non of the JetBlue cards from Barclays has FTF (and I am pretty sure one of them has no annual fee as well). It is a mastercard too.

  8. Ricardo says:

    USAA is listed twice.

    • sirtheta says:

      They’re under different sections because USAA has both American Express & Visa cards. (It’s condensed because Will posted a full list and there are a lot!).

  9. Rob says:

    What about the Chase Military cards? None of them have an annual fee.

  10. Rob says:

    What about PenFed rewards Platinum Visa?

  11. Vince says:

    PenFed Defender American Express Card and PenFed Defender Visa Signature Card. Both offer 1.5% cashback. Both require a direct relationship with the military. (You must be in military service, the National Guard, the Reserves, an honorably discharged veteran or retired from the United States Military to apply.) There are no fees of any kind on either of these credit cards.

    Note: PenFed does not charge a foreign transaction fee on any of its credit cards.

  12. boomX says:

    1. From the post “The Quicksilver has no annual fee while the QuicksilverOne has a $39 annual fee. The VentureOne has no annual fee while the Venture has a $59 annual fee. No, it doesn’t make any sense to me either!”

    Quicksilver, Venture, VentureOne – for Excellent Credit
    QuicksilverOne – for Average Credit

    Naming of cards is off…I understand.

    2. Bank of America AAA Member Rewards (Visa Signature) – not available through bankofamerica.com website. Need to go through AAA webistes. And you anyway going to pay AAA fee so essentially this card doesn’t turn out to be a No AF card.

    3. Same as above for Chase Amazon Prime card.

    Nevertheless, its a good post and helpful!

  13. Kaptain Insano says:

    Can you do a post on which cards offer the best FX rates when conducting a foreign transaction?

  14. Mark says:

    Could you come-up with a list of no-fee balance transfer, 0% APR cards (other than Slate)?

  15. jnrfalcon says:

    Barclay Ring and Wyndham (non fee version)

  16. Stu says:

    Citi’s Best Buy Visa card (the no annual fee version) also has no FTF.

  17. No says:

    This is a pretty poor way to organize information. I doubt anyone cares whether a card is a Visa or a Mastercard. They should be organized by issuer, then by network, not the other way around.

    • No says:

      Also my CapitalOne Quicksilver has always been a Visa, not Mastercard. Another reason to not organize it this way.

    • FX says:

      Agreed. And CapOne personal cards come in both V & MC.

      And there are third-party Discovers available too.

    • sirtheta says:

      Obviously, I strongly disagree, which I why I organized it this way. For one, card network is the most important thing for international travel, and a lot of people do care about MasterCard vs Visa. For two, I believe it allows a much more compact presentation of the information—no one would think Citi, for example, warranted its own section for the Best Buy credit card.

      Organizing it alphabetically within the card networks means it is a very quick scroll or search to see the cards across issuers.

      • No says:

        People might want to leave their Amex and Discover at home, but nobody ever cared about Visa vs Mastercard on finance-related forums. I’d like to know why you think otherwise.

        The information presented here is difficult to read, because the sub-headings for the issuers are at the same indent level and are almost the same text size as the headings for the network.

        You might want to split the Barclay cards into their own sections too, because they should all support Chip and PIN at unattended terminals. That’s probably more important to any traveler than Visa vs Mastercard.

        And you also should remove the Debit Cards section and add ATM cards. Debit cards is the worst product ever invented (no purchase protections, drains the checking account, and can cause lots of headaches with unauthorized transactions). Nobody should be traveling with a debit card, that’s just stupid.

        • sirtheta says:

          (a) Visa v MasterCard for international travel is one of the perennial arguments I see pop up online and in person. While it doesn’t matter to me, I think it’s a good way to split up the information.

          (b) That’s a very good point; it’s one of the limitations of the stylesheet we use that’s bugged me for a while.

          (c) Also a very good point. I will have to ruminate on the best way to present that information, especially given (b).

          (d) I don’t disagree, but some people are…very attached to the idea of debit cards. I have included them for the purposes of having a complete list.

          • 007 says:

            FYI, Visa vs MasterCard determines the exchange rate, which some people really care about (although absolute differences are likely small unless you make very large or frequent purchases):

            https://nerdwallet.com/blog/credit-cards/currency-conversion-mastercard-visa/

            P.S. What I’d love to see – no annual fee, no foreign transaction fee, no hard credit inquiry card (I checked and it seems Capital One’s secured card, e.g., still requires a hard credit inquiry, they just don’t care about the result).

  18. TG says:

    The Fidelity debit card is only FTF free for ATM withdrawals. Purchases have 1% fee. I still think it’s better than the more often praised Schwab card just because of one thing – ATM fees are reimbursed instantly instead of lumped at the end of the month so you know everything has been calculated correctly.

  19. John says:

    I don’t believe the fee free Quicksilver comes in a MasterCard, I’ve tried getting it before with Capital One and the CSR said the MasterCard Quicksilver was the one with the annual fee and I couldn’t get the fee free one as a MasterCard

    Also there’s a Travel Rewards MasterCard for business from BoA with no annual fee and no foreign transaction fees. It’s the card I’m currently using as my MasterCard when I go abroad because Citi and Barclaycard don’t like me right now

  20. themanwhocan says:

    All NASA FCU credit cards are no annual fee, and no foreign transaction fee.

  21. Ivan X says:

    First Tech FCU Choice and Platinum MasterCards are no annual fee and no foreign exchange fee. They have the additional benefit of being a true primary chip+PIN card, making it all but guaranteed to work in Europe where a chip+signature card (even one with secondary chip+PIN like Barclays cards) might fail. They also offer no-fee 0% APR for 12 months for balance transfers made within the first 60 days of opening the card.

    • sirtheta says:

      I think I will eliminate this one based on the size of the CU, but I will link to your comment! Thanks.

      • PT says:

        Why would you exclude based on size? Its assets are on par with Alliant (7th biggest) and Star One (10th biggest) and is the 9th biggest credit union in the US.

        Also Star One credit cards are all no annual fee and no FTF.

        • sirtheta says:

          Because “The intent of this post is to cover major issuers, so only the biggest federal credit unions are included”. I’ve linked your comment (and two others) in the intro, though, to make them easy to find.

  22. Sam says:

    Orbitz reward visa. No annual fee 2x rewards. No ft fee

  23. PT says:

    1. Star One is among the 10 biggest credit unions in the US on par with Alliant and their debit card is no FTF and has a chip.

    2. One reason to care about Mastercard is if you travel to a Canadian Costco which does not take Visa credit cards.

    3. AAA credit card from BofA appears to not be available in all states. Try selecting California on AAA and it doesnt show up anywhere to apply.

    • sirtheta says:

      1. That’s a fair measure, but I arbitrarily set the cut-off at the top 3 (since there is a big drop in assets after that). However, I will certainly link your comment at the top of the post!

      3. I will have to work in a note about that. Thanks for the DP!

  24. Mark says:

    Are Business World MasterCards eligible for the World MasterCards benefits? I have a “Bank of America Travel Rewards World MasterCard for Business”. I called the MasterCard assistance line; the rep told me it’s not eligible for the MasteCard world benefits. The card has “WORLD” above the Yellow and Orange MasterCard logo.

  25. Dave P says:

    The Huntington Voice Mastercard is also no annual fee, no foreign transaction fees, if you think the bank is large enough to merit inclusion here.
    https://huntington.com/landing/pas/creditcard/

  26. Andrey says:

    FNBO Travelite is an Amex card that has no AF or FTF.

Leave a reply

Your email address will not be published. Required fields are marked *. Please do not share your referral links/codes unless the post specifically states it's allowed. If the post states it is allowed please follow the rules carefully. If you'd like an image next to your comments please create a gravatar. Most of all please be kind and respectful to each other. 

Last Posts

pay1040.com ebay shipping discount usps mastercard forex rate fnbo.com gamestop credit card review shopkick com www.searscreditcard citi bill pay login bby reward zone purchase rapid rewards points amazon instant credit approval amazon com kindlegift walmart credit card call center apply for bb&t credit card navy federal org my gift card reward zone mastercard bill pay walt disney credit card offers tcf bank routing number il first niagara credit card phone number alaska airlines credit card application no foreign transaction fee card capital one bank routing number md chase checking account coupon 150 td bank account number on debit card what bank does not use chexsystems wells fargo eft routing number

Back to Top ↑