As we bid farewell to the harsh weather of this past winter, you may have started thinking about travel plans for the summer. If an international trip is on the agenda, don’t forget about the costs involved with swiping your credit card in foreign countries.

zoetnet / Flickr |

zoetnet / Flickr source

Many credit cards impose a foreign transaction fee when a credit card is used outside of the U.S. — the typical foreign transaction fee is 3 percent of the purchase amount. Frequent travelers who rely of their credit cards for purchases abroad can end up paying a lot in fee.

Some credit card issuers notice that this fee can be costly to such travelers, so they offer no-foreign-transaction-fee credit cards.

Check out the best credit cards that don’t have foreign transaction fees so you can save some money when traveling and shopping outside of the U.S.:

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Simon Zhen

Simon is a research analyst for MyBankTracker. He is an expert on consumer banking products, bank innovations and financial technology.
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