Discover It Credit Card Foreign Transaction Fee

Discover it credit card foreign transaction fee. One of the few card companies that charge no foreign transaction fees on any of its cards. These foreign transaction fees are typically around 3 of the purchase. For example visa and mastercard commonly charge a 1 foreign transaction fee american express charges a 2 7 fee and discover charges no foreign transaction fee. Whether you re a business owner with overseas vendors or you re planning a vacation for later in the year a card with no foreign transaction fees can help you avoid unnecessary charges.

Discover does not have foreign transaction fees on any of its credit cards. Capital one even absorbs the 1 network fee so its. This is a great feature of discover cards as a typical foreign transaction fee is 3 of a purchase. There s a 0 annual fee.

Some credit card issuers like capital one and discover waive foreign transaction fees on all cards. You will pay no fees for purchases made internationally or in foreign currency. Confirm whether the cards you ll take abroad assess such a fee not all credit cards do. Some credit cards charge a foreign transaction fee which is a fee levied by a credit card company on a foreign transaction.

Credit card foreign transaction fees range from 0 to 3 depending on the card and issuer. Confirm your credit card is suited for foreign use. Read full answer. Networks that process credit card payments such as visa charge a fee of around 1 of the cost of the transaction.

In addition to no foreign transaction fee the discover it miles card comes with more features available on all discover cards. What does discover charge for foreign transaction fees.