It's always nice to be wealthy. You can do more of things that interest you, like making frequent trips all around the world. Credit card issuers would do just about anything to make you their customers, and some compete for your attention by waiving foreign transaction fees. The 0% foreign transaction fee is an attractive perk for international travelers, especially the frequent flying variety. The good news: You don't have to be rich to grab this benefit, just pick the right credit card that offers it.

A survey reported in MarketWatch found that 61 out of 100 well-known credit cards charge foreign transaction fees. This might seem high, but it's down from last year's figure of 77. This is part of a larger trend pertaining to the trimming of credit card fees. The 100 cards charge 593 different fees, versus 613 in 2015. Some cards are bucking the trend, having more than 10 fees to nickel-and-dime you.

The usual foreign transaction fee is 3 percent on every item purchased. Everyone knows that international travel is pretty expensive, so saving the fee is welcomed by any traveler, modest or filthy rich.

Many travelers own several credit cards, so the ones that waive the foreign transaction fee are going to be the ones used abroad. That's a great competitive edge for enlightened card issuers, especially if the consumer continues to use the card for everyday purchases as well. In case you're curious, issuers like Discover and Capital One have been offering cards with zero foreign transaction fees for some time.

While the waived foreign transaction fee is attractive, it shouldn't outweigh other features that might be more appropriate for your needs. For example, if you tend to maintain a balance month after month, you'll probably benefit more by getting a card with a low interest rate rather than a card that offers high rewards or low foreign transaction fees. If your travel is typically within the U.S., you might prefer a card that offers travel rewards via a hotel or airline loyalty program.

But for the international traveler, not needing to fork out money for foreign transaction fees can pay off rapidly. You save the 3 percent on foreign purchases, and also when making online purchases from foreign retailers or booking a foreign hotel at a non-U.S. website. You have to check the fine print in the credit card agreement to find the relevant terms and conditions, just to be doubly sure, of course.

As always, it doesn't make sense to apply for a bunch of credit cards all at once, since this will doubtlessly lower your credit score. It's better to limit your new cards to one or two a year. Look for the features you want, such as no annual fees, a generous sign-up bonus or a zero-balance transfer fee feature.

Interested In Credit Cards With No Foreign Transaction Fees?

There are plenty of credit cards out there, but not all of them are made equal. If you travel a lot internationally or if you tend to make online purchases in foreign currency, it will make sense for you to use cards that don't charge you foreign transaction fees.

The standard 3% charged on your spending may not seem like much, but this figure when translated into dollars can grow exponentially before you even know it. So, do yourself a favor and make sure you use the right credit card for the right purpose to get more bang for your buck.

Here, we at GET.com have picked out 2 of the best credit cards without foreign transaction fees for your consideration.

1. Chase Sapphire Preferred® Card

Credit CardFeaturesIntro APRRegular APRAnnual FeeWhy we like itWe least likeCredit RequiredRelated links
Chase Sapphire Preferred<sup>®</sup> Card

Chase Sapphire Preferred® Card

APPLY NOWAt Chase's secure website
  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 60,000 points are worth $750 toward travel
  • Get unlimited deliveries with a $0 delivery fee and reduced service fees on orders over $12 for a minimum of one year on qualifying food purchases with DashPass, DoorDash's subscription service. Activate by 12/31/21.
  • Earn 5X points on Lyft rides through March 2022. That's 3X points in addition to the 2X points you already earn on travel.
APPLY NOWAt Chase's secure website

N/A

17.49% - 24.49% Variable

$95

Why we like it
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
Excellent/Good

Chase Sapphire Preferred® Card is a travel card that has $0 foreign transaction fees. It's also chip-enabled for heightened security and wider acceptance when used at a chip card reader. You'll get to earn a sweet 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.

How much is that exactly? It's worth $750 in travel when you redeem through Chase Ultimate Rewards®.

Additionally, you'll get to travel with peace of mind with the premium Travel Protection Benefits thrown in for you, such as Trip Cancellation/Trip Interruption Insurance, Auto Rental Collision Damage Waiver, Trip Delay Reimbursement etc.

Besides the 1:1 point transfer to leading hotel and airline loyalty programs at full value that you get to enjoy, Chase Sapphire Preferred® Card rewards you with 2X points on travel and dining at restaurants around the world, and 1 point per dollar spent on other purchases worldwide when you charge your spending to the card.

Chase Sapphire Preferred® Card has an $95 annual fee.

2. Capital One® Venture® Rewards Credit Card

Credit CardFeaturesIntro APRRegular APRAnnual FeeWhy we like itWe least likeCredit RequiredRelated links
Capital One<sup>®</sup> Venture<sup>®</sup> Rewards Credit Card

Capital One® Venture® Rewards Credit Card

  • Enjoy a one-time bonus of 50,000 miles once you spend $3,000 on purchases within 3 months from account opening, equal to $500 in travel
  • Earn unlimited 2X miles on every purchase, every day
  • Miles won't expire for the life of the account and there's no limit to how many you can earn
  • Receive up to $100 application fee credit for Global Entry or TSA Pre✓®
  • Fly any airline, stay at any hotel, anytime; no blackout dates. Plus transfer your miles to over 15+ leading travel loyalty programs
  • No foreign transaction fees
  • $0 intro annual fee for the first year; $95 after that

N/A

17.24% - 24.49% (Variable)

$0 intro for first year; $95 after that

Why we like it
  • Earn unlimited 2X miles on every purchase, every day.
We least like
  • No low introductory APR period.
Excellent, Good

Capital One® Venture® Rewards Credit Card is a travel card that rewards you with unlimited 2X miles on every purchase that you make, every day. You can relish in a one-time bonus of 50,000 miles once you've spent $3,000 on purchases within 3 months from account opening. In case you're curious, 50,000 miles is equivalent to $500 in travel.

The miles that you earn do not expire, and there is no limit to how many miles you can earn. Of course, there are no foreign transaction fees with Capital One® Venture® Rewards Credit Card. You can fly on any airline, and stay at any hotel any time. Basically, you travel whenever you want without annoying blackout dates. You can also transfer the miles you earn to to any one of 15+ leading travel loyalty programs.

Capital One® Venture® Rewards Credit Card has a standard 17.24% - 24.49% variable APR and a $0 intro annual fee for the first year; $95 after that.