When you travel abroad, you have a few options to pay for your purchases. Some retailers allow you to pay in your own currency, and you can also exchange cash at a currency exchange kiosk. However, paying with a credit card is often the most convenient option, provided that card doesn’t have foreign transaction fees.
Some credit card issuers will charge a foreign transaction fee when you make a purchase abroad. Although it’s a small amount, typically ranging from 1-3% of the purchase price, these fees can add up quickly, and there’s no reason to pay them. That’s because there are plenty of great cards that don’t have any foreign transaction fees, including the Capital One® Quicksilver® credit card.
Capital One Quicksilver foreign transaction fees
The Capital One Quicksilver does not charge foreign transaction fees.
That makes this a great card to use when traveling, especially when you consider additional benefits such as travel accident insurance, concierge service, and travel assistance services.
Who this card is right for
The Capital One Quicksilver card is a great choice for someone who is just getting started with travel rewards. That’s because there’s a $0 annual fee to offset, and the rewards are straightforward, flexible, and never expire. You’ll get 1.5% cash back rewards on every purchase, every day in addition to an early spend bonus. You can earn a $150 cash back bonus after spending $500 in the first 3 months.
With this card, there’s also a 0% introductory APR for the 15 months, which makes it a great choice for someone who wants to finance a large purchase, such as a vacation abroad. Just make sure you’re able to pay off the full balance by the end of the introductory period, or you’ll be charged interest.
If you’re planning a trip abroad and you don’t have a credit card with no foreign transaction fees, consider giving the Capital One Quicksilver card a spot in your wallet. It’s easy to earn the welcome bonus, and you can put that money toward covering your recent travel purchases. What’s more, you’ll continue to earn an 1.5% cash back rewards on every purchase, every day, which can help you save up for your next globetrotting experience. Enjoy your travels!
No-Frills Cash Back
- $150 early spend bonus
- No annual fee
- 0% intro APR on purchases and transfers for 15 months
- 1.5% cash back on every purchase, every day