No Foreign Transaction Fee Credit Cards

A credit card with no foreign transaction fees is an easy way to save about 3% on every purchase you make overseas or online with international retailers. Here are your options in 2023.

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If travel's in your future, now is a good time to compare credit cards with no international transaction fees. They can help you save on every purchase you make overseas. If you want a card that can help you earn points and get you there for free, compare frequent flyer credit cards.

Credit cards with no foreign transaction fees

Name Product Foreign currency conversion fee Interest-free period Purchase rate p.a. Annual fee
Bankwest Breeze Platinum Mastercard
Up to 55 days on purchases
0% for 15 months, then 12.99%
$0 first year ($69 after)
Get 0% interest on purchases and balance transfers for 15 months (with a 2% BT fee). Plus 0% foreign fees and complimentary overseas travel insurance.
Coles Rewards Mastercard
Up to 55 days on purchases
Get up to 100,000 bonus Flybuys points: 60,000 when you spend $4,000 in the first 90 days and another 40k points after 12 months.
HSBC Low Rate Credit Card
Up to 55 days on purchases
0% p.a. on balance transfers for 20 months. Plus, no overseas transaction fees and complimentary domestic travel insurance.
Bendigo Bank Ready Credit Card
Up to 55 days on purchases
Save with an ongoing $0 annual fee and no foreign transaction fees.
NAB StraightUp Card
Save with 0% interest charges and 0% foreign transaction fees. Plus, $0 monthly fees when you don't use the card or carry a balance.
Bankwest Zero Platinum Mastercard
Up to 55 days on purchases
Get 0% p.a. on balance transfers for 34 months (with a 2% BT fee), ​an ongoing $0 annual fee and 0% foreign transaction fees.
Westpac Lite Card
Up to 45 days on purchases
Save with 0% foreign transaction fees, a low interest rate for purchases and cashback offers through Westpac Extras.
Latitude 28° Global Platinum Mastercard
Up to 55 days on purchases
Save with 0% foreign transaction fees on purchases. Plus, complimentary flight delay passes and a global wifi access.
CommBank Ultimate Awards Credit Card with Qantas Points
Up to 55 days on purchases
Receive 70,000 bonus Qantas Points when you spend $6,000 in the first 90 days. Plus, 0% foreign fees & included international travel insurance.
Westpac Flex Card
Offers a $1,000 credit limit, 0% foreign transaction fees and $0 monthly fee when you pay the previous month's balance in full.

How do credit cards with no foreign fees work?

When you travel or shop online with a business that's based overseas, many cards charge foreign transaction fee of around 2–3% of the purchase amount. But credit cards with 0% foreign fees waive this cost or give you a rebate, helping you save money on international transactions.

How much can I save with a 0% foreign fee card?

It depends on the amount you spend overseas and the fees you would pay if you used a different card. But as an example, if you spent $2,000 on a card with a 3% international transaction fee, it would cost you $60. If you had a card with a 0% foreign transaction fee, you wouldn't pay anything – so you'd save the full $60.

And if you had a credit card with a higher fee of 3.4% for international transactions, you'd save even more ($68 in this example).

Keep in mind that the cost of foreign transaction fees may not be obvious straight away, as they are added as separate transactions on your credit card account.

The Australian Competition and Consumer Commission (ACCC) has also warned people that some major online brands will attract foreign transaction fees, even if the website ends in or the price is shown in Australian dollars.

If you are making regular purchases with overseas businesses, it may be worth considering a credit or debit card with no international transaction fees or asking your bank to block international transactions for certain cards.”

Rod Simms, ACCC chair, ACCC

How to compare no foreign transaction fee credit cards

  • 0% fee requirements

Some credit cards automatically waive foreign transaction fees when you make an international purchase.

Others offer a rebate on foreign transaction fees when you meet specific requirements, such as spending a set amount per month. If that's the case, you could still be charged a fee if you don't meet the requirements.

  • Annual fees

Credit card annual fees typically range from $29 to $400 or more for higher-end cards. You can weigh this cost against the value you'd get from 0% foreign transaction fees and any other perks to help choose a card.

If the 0% foreign fee savings aren't as much as you thought, you could be better off with a $0 annual fee credit card.

  • Interest rates

Interest rates on these cards ranges from around 10% to 25% for purchases. If you pay off your credit card as you go – or pay the total by the due date on your statement – you'll typically get interest-free days on your purchases.

But if you end up carrying over a balance, a low rate credit card could be a more cost-effective option.

  • Other travel benefits

Some cards offer additional perks when you're travelling, which can include:

If there's another benefit you want, you could use Finder's table filters to narrow down your comparison of 0% foreign transaction fee cards. Just make sure you check what requirements you need to meet to use the perks.

  • Security features

Australian credit cards offer zero liability for fraudulent transactions and 24-hour emergency support services. Most also offer fraud-monitoring services.

Other security features can include virtual cards, transaction limits for overseas spending, temporary account blocks and extra online security through Visa Secure, Mastercard SecureCode or American Express SafeKey.

💡 Tip: Let your credit card company know you're going overseas and make sure your contact details are up-to-date so they can contact you if there are any security concerns. You could also consider international roaming options for your mobile phone.
  • Overseas ATM withdrawal fees

Overseas ATM fees typically cost around $5 or between 2-3% of the total transaction. And that's not including any charges added by the overseas ATM operator.

There are some credit cards that offer $0 international ATM withdrawals, but keep in mind that you'll still pay cash advance fees and any third-party charges.

  • Cash advance costs

When you use a credit card to withdraw cash, buy foreign currency or make any other cash advance transaction, you'll pay a fee worth around 2-4% of the transaction. You'll also be charged interest at the cash advance rate, which is higher than the purchase rate on most credit cards.

If you need to get cash when you're overseas, you can avoid these costs by using a debit card or prepaid travel card instead.

Want to use your credit card in Australia as well?

The range of credit cards t hat offer no foreign transaction fees means it's worth looking for other features that you want on your credit card. For example frequent flyer points, 0% interest rate offers, cashback bonuses or something else. The key is to find a card with features that add value when you're shopping in Australia AND overseas.

What else should I think about?

When you're planning to use your card overseas spending, keep the following details in mind:

  • Daily cash withdrawal limits. Some credit card providers have a limit the amount you can withdraw from an ATM using your credit card – and it could be lower than your available credit limit. Check your credit card account details through Internet or mobile banking, or call your provider for specific information on these limits.
  • Global ATM alliance networks. Many Australian credit card providers have ATM alliance networks that extend around the world and allow you to get cash out overseas without paying an ATM withdrawal fee. For example, a credit card from Westpac, St.George, BankSA or Bank of Melbourne gives you access to the Global ATM Alliance network, which includes Westpac NZ (New Zealand), Barclays (UK), Bank of America (US) and Deutsche Bank (Germany and Spain).
  • Exchange rates. Currency exchange rates will apply when you use an Australian credit card for a transaction in another currency. This rate can fluctuate daily, and can make it hard to work out the cost in Australian dollars (until it's added to your transaction list). Check with your credit card provider to find out when exchange rates are updated, or just keep an eye on your transaction list and available balance to work out how much you've spent once the transactions converted to Australian dollars.

Tips to protect your card when shopping online

Frequently asked questions

What exactly is currency conversion?

When you use an Australian credit card to make a transaction in another currency, it will be converted back to Australian dollars based on the exchange rate that's applicable for your credit card. For example, if you spent US$100 and the applicable exchange rate was US$0.72 to AUD$1, this transaction would show up on your credit card account as AUD$138.89 (to the nearest cent).

If I'm given the choice, what currency should I pay in?

Sometimes when you're travelling, a business will give you the option of paying in the local currency or in Australian dollars. If you choose to pay in Australian dollars, the transaction will be processed using Dynamic Currency Conversion, which usually costs you a lot more than paying in the local currency.

Realistically, how many travel money options do I need?

It's often useful to have a couple of different ways to spend money when you're travelling. As well as a credit card, you may want to buy foreign currency before you go or take a debit card in case you end up needing cash when you're away. While a bit more restrictive, another option is to get a prepaid travel card that lets you spend money in different currencies, which would give you another way to avoid foreign transaction fees.

If you're a frequent traveller or regularly shop online with international retailers, a credit card that has 0% foreign transaction fees could help you keep your costs to a minimum. Just remember to compare a range of options and look at the other features available so that you can find a credit card that really suits your needs.

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    146 Responses

      Default Gravatar
      AlexJune 21, 2019

      I am looking for a business credit card with 0% international transaction fees.

        Default Gravatar
        NikkiJune 21, 2019

        Hi Alex,

        Thanks for getting in touch!

        As of this writing, we don’t have a list of business credit cards with 0% foreign transaction fees. If you are still looking for business credit cards, you can use our comparison table to help you find the card that suits you. On the page you’ll also read information about:

        • Who is responsible for the credit card? Personal vs business credit card liability
        • How to compare business credit cards
        • Pros and cons of business credit cards
        • How to apply for a business credit card

        When you are ready, press the ‘Go to site’ button to apply. As a friendly reminder, read the eligibility criteria, features, and details of the card, as well as the Product Disclosure Statement and Terms and Conditions before committing to the product.

        Hope this helps!


      Default Gravatar
      NicholasFebruary 25, 2019

      I withdrew money from an ATM in the Philippines and the machine said temporary closed, and no money came out. ii wrote the time down and the date. When I got back to Australia, 28 degrees said that I put my chip in and so the transaction was valid. I wrote back that no money came out of the machine, and all machines have cameras now, so they should be able to see I got no money. Can I take this to AFCA as I should not be to blame and it has to be on camera.

        Default Gravatar
        NikkiFebruary 26, 2019

        Hi Nicholas,

        Thanks for getting in touch and sorry to hear about what happened. You can check and inquire with AFCA how to handle the situation but make sure you have all supporting documents to validate your claim. Hope this helps!


      Default Gravatar
      AndyDecember 19, 2018

      (Apologies for lengthy message) I love to travel and I hate paying ANY fee’s overseas. About 10 years ago I was away for 4 months and with the total fee’s I paid along the way I could have stayed away much longer, so since then I’ve searched high and low for credit/debit cards to use.
      I found 28 degrees first and that was fantastic until they changed the fee structure for having a positive amount on the card itself and using ATM’s, so I stopped using that one. Plus they introduced some fee’s for paying the card off if it went into debt.
      The past few years I’ve used Citibank debit card and that has been fantastic. I’ve paid no fee’s at all and its very simple to get hold of with no extra banking requirements to keep it – like put X amount per month in the account. I use it overseas and that’s pretty much it. Plus if you do use it in Australia at some restaurants you get a free bottle of wine!!
      Recently I changed banks and joined ING. I heard they had a similar card (Orange everyday Visa) and I managed to get hold of that as well. I’m not 100% sure if you have to deposit at least $1000 per month to get the benefit of no fee’s but as I’ve joined that bank that part is done anyway. Certainly worth a look but double check those rules.
      I would strongly suggest having a look at both the cards above as they are excellent for travel and not paying fees. I wouldn’t travel without them!
      Also, I tried an NAB travel card before and that was a total waste of time due to the poor conversion rates the banks charge, and checking other banks “Travel Cards” I found the same thing. They sound good but you are not getting the best rates on conversion and to add to a bad conversion in Thailand a few years ago I was slugged $8 a time at the ATM.
      Hope that helps someone! Happy travels.

        Default Gravatar
        NikkiDecember 20, 2018

        Hi Andy,

        Thanks for reaching out for sharing your experience on credit cards. Feel free to get in touch with us again should you need any assistance.


      Default Gravatar
      DaveJuly 1, 2018

      If 28 degrees card is in credit (nothing owing) and use it to withdraw cash at overseas ATM, then surely there will be no ‘cash advance fee’ or interest charged? Is that right? Thanks.

        Default Gravatar
        NikkiJuly 2, 2018

        Hi Dave!

        Thanks for your message.

        You can withdraw or do a CASH ADVANCE from your 28 Degrees credit card at no cash advance interest rate charged. However, you will still be charged a cash advance fee and an ATM withdrawal fee (operator fee)

        Hope this clarifies.


        Default Gravatar
        TravellerJuly 7, 2018

        Perhaps Nikki misunderstood Dave’s excellent question. Or perhaps I have!!! If your 28 degrees card has a positive balance of say $3k and you withdraw 500€ then surely there’s no cash advanced fee nor interest charged???

        Default Gravatar
        NikkiJuly 11, 2018

        Hi Traveller,

        Thanks for getting in touch!

        Sorry for the confusion. If you have a positive credit card balance and you intend to use your money put into it, there will be no cash advanced interest rate charged. However, there will still be a charge on cash advance fees and ATM withdrawal fee (ATM operator fee).

        Hope this clarifies!


      Default Gravatar
      BrianApril 22, 2018

      If I had say a Bankwest or 28 Deg card and wanted say to purchase, whist in Australia, a cruise costing several thousand $US dollars with an overseas company using that card would I be charged a conversion and/ or an overseas transaction fee?

        Avatarfinder Customer Care
        JeniApril 22, 2018Staff

        Hi Brian,

        Thank you for getting in touch with Finder.

        For the Latitude 28 Degrees Platinum Mastercard, there’s 0% of transaction value under the foreign currency conversion fee.

        If you have a Bankwest Zero Mastercard, then you will be charged 2.95% of transaction value as the foreign currency conversion fee. However if you have a Bankwest Zero Platinum Mastercard then NO foreign transaction fee.

        As a friendly reminder, while we do not represent any company we feature on our pages, we can offer you general advice.

        I suggest that you also verify this info with your bank/credit card issuer before you make your dollar transaction.

        I hope this helps.

        Have a great day!


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