Comments on: Lowest Foreign Transaction Fee

By: Chuck

Chuck — Fri, 30 Oct 2009 13:59:15 +0000

Paul, I had the same problem. My wife went overseas to visit her family with her whopping $500 credit limit, so I sat home and paid the bill online every time there was a balance.

When I caught up with her, I brought my $1000 Capital One card, which was only slightly better. Not the most convenient, but still better than paying fees.

By: Paul

Paul — Thu, 29 Oct 2009 21:47:11 +0000

I just got my Capital One “Platinum” card for people with “Excellent Credit”. They gave me a ridiculously low credit limit of $1000. That won’t be much help on our upcoming international trip. I’ll have to check it online often and only charge small items.

By: WrenC

WrenC — Wed, 28 Oct 2009 15:44:02 +0000

Update: been in Costa Rica twice, 2 weeks each trip, and have been using my Capital One No Hassle Rewards cards with no transaction fees and no trouble.

By: cynthia

cynthia — Wed, 28 Oct 2009 00:11:57 +0000

I’ve been using my Cap One. for about a month now with no fees and it’s worked at every place I’ve presented.

By: cynthia

cynthia — Wed, 28 Oct 2009 00:08:20 +0000

That’s not true Cap. One does pay rewards and also rewards points depending on the type rewards card you have. I am in Costa Rica right now until Dec 31, 2009. I make mostly all my purchaces by credit and I see the reward every one to two days.

By: WrenC

WrenC — Sun, 19 Jul 2009 06:45:14 +0000

@Cameron

Oh no! I’m planning a trip (and later a move!) to Costa Rica, and my main CC is Capital One. I was all excited because of the 0% fees.

Anyone else have any experience with using Capital One in Costa Rica?

By: SavingEverything

SavingEverything — Sat, 06 Jun 2009 19:58:44 +0000

Any reason the Schwab Credit Card, the Schwab debit card, and the Fidelity Credit card is not on this list?!? They, too, are like CapitalOne; except CapitalOne cards are notorious.

By: Lucy

Lucy — Fri, 05 Jun 2009 01:26:11 +0000

@Dividend Growth Investor

We were talking about the credit card called “Invest First Visa”. It has no foreign transaction fee and offers unlimited 2% cash
back on everything.

The Schwab debit cards come in different varieties. I heard the one for the High Yield Investor checking account charges 1% foreign transaction fee.

By: Cameron

Cameron — Thu, 04 Jun 2009 19:00:15 +0000

I got a capital one card specificaly for this reason a few months ago. I just went on a trip to costa rica and it didn’t work anywhere. I was completely disappointed. I even called before hand to let them know i’d be traveling abroad. They said they didn’t know what the problem was, only next time a merchant had a problem, have them call capital one. Not so easy to do in a foreign country.

By: Dividend Growth Investor

Dividend Growth Investor — Wed, 03 Jun 2009 15:14:43 +0000

I am sorry, but are you guys refering to the Schwab Credit Card, or the Schwab debit card when it comes to transacting abroad?

I was wondering if anyone has ever used Schwab Debit card at an ATM abroad. What were your fees?

By: Chuck

Chuck — Wed, 03 Jun 2009 01:09:59 +0000

Blerg

By: Anonymous

Anonymous — Tue, 02 Jun 2009 21:42:25 +0000

Chuck: Discover now charges a 2% fee. The free ride is over. You should have gotten the message in your statement last month.

By: Slug

Slug — Tue, 02 Jun 2009 13:43:58 +0000

Another vote for the Schwab card. I just picked it up about 2 months ago. The process of opening the card and the associated brokerage account was pretty simple. The customer service has been fantastic. And, no foreign transaction fees on my trip to Madrid. Aside from the PFCU Platinum Cash Rewards card for 5% gas, Schwab is now getting all of my business.

By: velvet jones

velvet jones — Tue, 02 Jun 2009 01:27:43 +0000

I opened my CapOne credit a couple years ago specifically for this reason when I went overseas for vacation and never had a problem with it.

By: Dave

Dave — Mon, 01 Jun 2009 19:12:55 +0000

Yea… Capital One is good for something (terrible rewards/cash back). I keep this card for 2 reasons. It is my longest credit line and for when I travel international. Just got back from Aruba and charged everything from the hotel to restaurants to my Cap One with no fees. Very nice. I’d also like to note, no matter what card you have make sure you call them and let them know where and when you will be traveling so you don’t end up stranded.