Foreign Transaction Fee

This fee is charged when you make purchases in a foreign currency or outside your home country. It is usually a percentage of the transaction amount and can add to the cost of international purchases.

Similarly to avoiding Cash Advance fees, there are numerous ways to avoid these charges.

Foreign transaction fees can be avoided, if your card issuer states in the cards benefits, whether or not the card charges a transaction fee in other countries. Most do, but some of the higher end ones do not.