Cards With NO Annual Fee and NO Foreign Transaction Fee!
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Update: One or more card offers in this post are no longer available. Check our Hot Deals for the latest offers. This page includes information about the Discover products that are not currently available on Million Mile Secrets and may be out of date.There are lots of cards with NO annual fee, and several with NO foreign transaction fees. But which cards have NEITHER fee?
I’ll tell you about your options, and why it’s a good idea to have one!
Cards with NO Annual Fees and NO Foreign Transaction Fees
No annual fee cards are helpful to your credit score because you can keep them long-term to extend the average age of your accounts. And using a card responsibly for years improves your relationship with the bank. Both will help you get approved for new cards!And cards with NO foreign transaction fees are great to use overseas. Because you can use them in other countries without paying extra for the privilege.
I thought it would be fun to see which cards have both features, for folks who hate fees! (I hate fees too, but in certain cases, annual fees ARE worth it. Other times, NOT!)
1. Barclaycard Arrival
Link: Barclaycard Arrival™ World MasterCard®
You won’t pay an annual fee or foreign transaction fees with the Barclaycard Arrival card. And you’ll earn 2 Barclaycard Arrival miles per $1 you spend on travel and dining, and 1 Barclaycard Arrival mile per $1 on all other purchases.
Plus, the Barclaycard Arrival includes chip-and-PIN technology, which makes it a terrific card to have when you’re traveling in Europe! For example, some gas stations in Iceland only accept chip-and-PIN cards.
2. BankAmericard Travel Rewards Card
Link: BankAmericard Travel Rewards
The BankAmericard Travel Rewards credit card has no annual fee or foreign transaction fees and earns 1.5 points per $1 on every purchase, every time.
You can use the points for flights, hotels, or car rentals. And you’ll get a 10% point bonus with an active Bank of America checking or savings account.
And you can redeem your points as soon as you have $25.
3. Capital One Quicksilver Rewards and Venture One
Link: Capital One Quicksilver Rewards
Link: Capital One® VentureOne® Rewards Credit Card
All Capital One cards have NO foreign transaction fees so you can use them for purchases abroad.
You’ll earn 1.5% cash back on all purchases with the Capital One Quicksilver Rewards. This card also gets you 20% off Uber rides through April 30, 2016.
If you take Uber a lot and want a card with no annual fee or foreign transaction fees, this could be a good option.
And you’ll earn 1.25 miles per $1 spent with the Capital One VentureOne card when you redeem for travel.
While it has no annual fee and no foreign transaction fees, it’s NOT the best 1 on this list because Capital One pulls your credit from all 3 credit bureaus. Instead you could apply for 3 different cards to get 3 sign-up bonuses!
4. Discover it Cash Back and Discover it Miles
Link: Discover it® Cash Back
Link: Discover it® Miles
The information for the Discover it Miles card has been collected independently by Million Mile Secrets. The card details on this page have not been reviewed or provided by the card issuer.Discover is offering offering match cash back for new cardholders after the 1st 12 billing cycles. You can get up to 10% cash back with this card!
The Discover it Cash Back card has quarterly 5% cash back categories throughout the year, on up to $1,500 in purchases each quarter after you sign-up. You’ll earn 1% cash back on everything else.
If you’re looking for a card with no bonus categories to remember, the Discover it Miles card earns 1.5 miles per $1 spent (worth 1.5% back) on all purchases. And and the end of the 1st year, your miles are matched.
That said, Discover cards are not as widely accepted as other cards, especially outside the US. So you should always have a backup card.
5. Barclaycard JetBlue
Link: Barclaycard JetBlue Card
The Barclaycard JetBlue card has no annual fee and no foreign transaction fees. Plus, it has chip-and-PIN technology which is handy when you’re traveling in Europe!
With this card, you’ll earn 3 JetBlue points per $1 you spend on JetBlue purchases, 2 JetBlue points per $1 you spend at restaurants and grocery stores, and 1 JetBlue point per $1 you spend on everything else.
This is a terrific card for folks who like flying JetBlue for their free in-flight Wi-Fi, free snacks, and no blackout dates on award flights.
Bottom Line
NO annual fee cards are an excellent choice because you can keep them forever and possibly boost your credit score. That helps when you’re looking to be approved for new cards!And cards with NO foreign transaction fees are great to take abroad. These cards usually have an annual fee. But many times it’s waived the 1st year. Some (but NOT all) are worth keeping a 2nd year.
I’m curious to know which of these cards interest you the most!
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