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CAPITAL ONE

FIRST PREMIER® BANK

 

U R @: Education Center : Understanding the Fine Print : Credit Cards with No Foreign Transaction Fees


CREDIT CARDS WITH NO FOREIGN TRANSACTION FEES

With the exception of Capital One, all major credit card companies charge international transaction fees that range from 2-5%.  Recently, a number of credit card companies, including American Express and Bank of America, raised international transaction fees.  Additionally, many company are now charging foreign transaction fees for purchases made in U.S. dollars, such as international hotel reservations.

If you already have a Capital One card, you're in the clear.  If you don't, you can compare Capital One credit cards that charge no foreign transaction fees and apply online. 

Credit Cards with No Foreign Transaction Fees

CAPITAL ONE® NO HASSLE MILES(SM) REWARDS

  • 1 mile per dollar spent on purchases up to $1,000 each month
  • 2 miles per dollar above $1,000 each month
  • No limit on the miles you can earn and miles don't expire
  • 0% APR on purchases until May 2010
  • No annual fee
  • No blackout dates and no seat restrictions
  • Book travel with ANY airline, hotel, cruise line, or rental car company.

Intro on Purchases

Intro APR Period

Regular APR

Annual Fee

Transfers

Credit Needed

0% *
See Above *
13.9%(V) *
$0 *
Yes
Excellent

CAPITAL ONE® NO HASSLE MILES(SM) ULTRA—FOR PROFESSIONALS

  • 0% APR on purchases until May 2010
  • 2 miles for every dollar spent on purchases
  • No limit on the miles you can earn and miles don't expire
  • No blackout dates and no seat restrictions
  • Use miles for Travel, Merchandise, Gift Cards and more

Intro on Purchases

Intro APR Period

Regular APR

Annual Fee

Transfers

Credit Needed

0% *
See Above *
13.9%(V) *
$39 *
Yes
Excellent

CAPITAL ONE® NO HASSLE MILES SM REWARDS - GOOD CREDIT

  • 0% APR on purchases until May 2010
  • 1.25 miles for every dollar spent on purchases
  • No limit on the miles you can earn and miles don't expire
  • No blackout dates and no seat restrictions
  • No annual fee

Intro on Purchases

Intro APR Period

Regular APR

Annual Fee

Transfers

Credit Needed

0% *
See Above *
16.9%(V) *
None *
Yes
Good

CAPITAL ONE® ORBITZ® VISA® PLATINUM - EXCELLENT CREDIT

  • 0% APR until May 2010 on purchases
  • 3 points per dollar spent on eligible Orbitz.com bookings
  • Get 1 point per dollar on all other purchases
  • No limit on the points you can earn and points don't expire
  • Redeem points for Travel, Merchandise, Gift Cards and more
  • No annual fee

Intro on Purchases

Intro APR Period

Regular APR

Annual Fee

Transfers

Credit Needed

0% *
See Above *
13.9%(V) *
None *
Yes
Excellent

MTV® VISA® CARD FROM CAPITAL ONE® - GOOD CREDIT

  • 0% intro APR--pay no interest on purchases until May 2010
  • Earn 5 points per $1 spent on entertainment like music, movies, video game rentals, and sporting events
  • Earn 2 points per $1 spent at restaurants, fast food places, and coffee shops
  • 1 point per $1 spent on everything else
  • 25 bonus points each billing period you keep your account in good standing by paying on time
  • Exclusive MTV rewards, such as MTV merchandise, tickets to MTV events like the VMAs, and MTV show tapings
  • No annual fee

Intro on Purchases

Intro APR Period

Regular APR

Annual Fee

Transfers

Credit Needed

0% *
See Above *
16.9%(V) *
$0 *
Yes
Good

Benefits of Using a Credit Card Abroad

If you've ever contested a fraudulent charge with the bank that issues your debit card, you're well aware of how complicated the process is.  Not only do banks take longer to investigate claims than credit card companies, the money missing from your account is not available to you until the investigation is complete.  This can be a real headache, especially if fraudulent charges have emptied your checking account.

Using a credit card abroad provides a buffer against this nightmare scenario.  In the event your card is stolen and abused, you will still have access to your money in the bank.  Additionally, your credit card company may also allow you access to the portion of your credit line tied up by a fraud investigation.

When travelling abroad, the safest bet is to use a credit card for all your purchases. 


Read more related articles: Understanding the Fine Print

 

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