Capital One Platinum Credit Card Foreign Transaction Fee
It also has no foreign transaction fees and no penalty aprs.
Capital one platinum credit card foreign transaction fee. Foreign transaction fees from other issuers range from 1 to 3 of the purchase amount. Foreign transaction fees by card issuer below are the standard foreign transaction fees for top issuers. Capital one does not charge a fee for using your credit card for foreign currency transactions. For starters the capital one platinum credit card offers a 0 annual fee and no balance transfer fee by contrast many other cards charge 3 to 5 to move a balance from another card.
Out of the 100 credit cards analyzed just one travel card the american airlines aadvantage mileup card came with a foreign transaction fee. There are certain fees or charges which will apply if you use your card abroad or make a transaction in a foreign currency. Capital one does not charge a foreign transaction fee on any of its credit cards. With card lock some activity may continue including returns credits payments interest dispute adjustments other account fees purchase transactions during system downtime and certain other exempted transactions.
Capital one charges 0 foreign transaction fees for all of its credit cards and for its debit cards for 360 products such as 360 checking and 360 money. The platinum card from capital one doesn t have rewards. Read more about foreign transaction and currency conversion fees. Some banks may charge a fee for using an atm in another country.
One of the best credit cards with no foreign transaction fees is the capital one venture rewards credit card because it offers an initial bonus of 50 000 miles after spending 3 000 in the first 3 months and an ongoing rewards rate of 2 miles per 1 spent on all purchases. Foreign purchases will be converted at the foreign exchange rate in effect at the time of processing the charge. 0 fraud liability claims are subject to investigation and verification. All the rewards make up for the modest annual fee of 95.
If however your credit card does charge foreign transaction fees you may want to pay with cash when you can and use a debit card that charges low rates for international atm transactions. Using credit cards abroad. Low fees are its main benefit. However it may charge a fee of 2 plus 3 of the transaction amount for non 360 products when you withdraw from an atm abroad.
The platinum credit card from capital one is a no annual fee option for people with average credit. Your capital one credit card can be a handy travel companion as it s accepted in millions of places both at home and abroad.