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No Foreign Transaction Fee Credit Cards

A credit card with no foreign transaction fees is an easy way to save about 2-3% on overseas purchases when you're travelling or shopping online. Here are your options in 2023.

If you've got travel plans, 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% p.a. interest on purchases and balance transfers for 15 months (with a 2% BT fee). Plus 0% foreign fees and complimentary overseas travel insurance.
Latitude 28° Global Platinum Mastercard
Up to 55 days on purchases
Save with 0% international transaction fees on purchases. Plus, complimentary Flight Delay Pass and global data roaming.
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% p.a. 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.
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 transaction fees work?

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

Save money How much can I save with a 0% foreign transaction 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.”

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 range 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.

💡 Tip: If you're planning to withdraw international currency from an overseas ATM, a multi-currency account such as Wise or the HSBC Everyday Global Account means you can avoid cash advance fees. You can also check out Finder's guide to travel money for other options.
  • 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 that 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.

More credit card tips for travellers

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 on 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

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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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