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Home>Glossary>Foreign transaction fee

Foreign transaction fee

Cards & borrowing
A fee charged on card purchases made in another currency.

Overview

Some cards add a percentage fee to overseas spending.

Specialist travel cards may have no foreign transaction fees.

Why it matters

  • Fees increase the cost of spending abroad.
  • It can be avoided with the right card.
  • It can add up quickly on large purchases.

FAQs

Do all cards charge foreign fees?

No. Some cards offer fee-free overseas spending.

Does a foreign transaction fee affect my score?

No, but the extra balance can affect utilisation.

Related terms

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