Credit card without foreign/overseas transaction fees

Discussion in 'General Credit Card Discussion' started by russ, May 6, 2014.

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  1. russ

    russ Active Member

    Nov 4, 2008
    910
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    Hi

    I am spending about 3 months a year in the USA and am getting slugged by 3% overseas transaction fees. I am looking around for a card that does not have this fee. So far it looks like:
    • 28 degree
    • Citibank Plus
    • Bankwest Platinum

    Is there any other card I should consider?

    Thank you for your help
     

  2. serfty

    Moderator

    Nov 16, 2004
    39,050
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    28° is a Credit Card (Mastercard)
    CityBank Plus is a Debit Card (Visa)

    Neither have annual fees.

    The Bankwest Platinum is a Credit Card (Mastercard) with a $130 annual fee.

    I know of no other product available to the general public with no Foreign Transaction Fees.
     
  3. ksthommo

    ksthommo Active Member

    Jul 4, 2004
    657
    72
    Cairns
    My vote is Bankwest Platinum.
    QFF points & transactions appear
    quickly on the online account
    or iphone app.
     
    • Like Like x 1
  4. Fifa

    Fifa Established Member

    Sep 17, 2006
    1,919
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    NSW
    My two favourite cards for OS travel :).
     
    • Like Like x 1
  5. zig

    zig Established Member

    Apr 9, 2007
    1,402
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    Ditto. As someone once said ' don't leave home without it' (them) :p
     
  6. b_adger

    b_adger Junior Member

    May 8, 2013
    44
    7
    Please note there are several BW credit cards which all have zero foreign transactions fees if you are eligible for platinum:
    More mastercard: $1= "up to" 2 reward points, $130 fee
    Qantas mastercard: $1 = 1 QFF point, $160 fee
    Zero mastercard: no points, $0 fee.
    Breeze Mastercard: no points, $99 fee (11.99% interest)
     
  7. burmans

    burmans Senior Member

    Feb 21, 2006
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    +2 add me in to the list.
     
  8. marki

    marki Established Member

    Feb 11, 2010
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    Yes I have these two cards but looks like the bank west needs looking into for comparisons sake
     
  9. Grooba

    Grooba Established Member

    Mar 4, 2008
    1,346
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    My only two for OS travel, not including regular back up cards.
    If they both have no problems then they are all I need.
     
  10. b_adger

    b_adger Junior Member

    May 8, 2013
    44
    7
    The zero card is basically the 28 degrees card with a more generous credit limit and some handy insurance.
     
    • Like Like x 1
  11. nonpop

    nonpop Established Member

    Jun 2, 2010
    1,053
    571
    SYD
    And a better website ... we find the bankwest site shows transactions very quickly plus shows the original currency charge amount which is very useful when you are travelling and punching the card hard and fast.
     
    • Like Like x 1
  12. russ

    russ Active Member

    Nov 4, 2008
    910
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    Away from the riff raff
    Thank you all for your help!
     
  13. Cynicor

    Cynicor Established Member

    Jun 13, 2007
    3,712
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    The mobile site has improved somewhat for the 28 degrees, including showing pending transactions much faster. It still does not show the original $ amount in the foreign currency.
     
  14. Also endorse the BW cards.

    As an aside, I have a Lloyds debit visa for my UK account which charges 2 fees when used internationally - a Minimum £1 fee up to 1.5% plus a 2.99% international transaction rate + a ripoff FX conversion rate from £.

    I learned the the hard way to hit an ATM in UK then convert to Euros and pay cash in Europe.

    Lloyds are definitely raising the revenue to pay back the Pommy Govt for their bailout!!

    the only good news is I transferred a chunk of cash to UK during the GFC currency collapses so I am about 30% in the money on the current £ & € exchange rates on that account.

    One buyer beware on comparing cards is the FX conversion rate they offer if no "transaction" costs. Not easy to compare on websites so often best to call all relevant banks one after the other to find out what rate they offer that day.

    Can confuse their help desk staff who often have never been asked this question before :)
     
  15. Jstar

    Jstar Junior Member

    Sep 25, 2011
    22
    2
    Not showing the original amount in the foreign currency annoys me so much. The old 28 degrees website use to have it but not the newer one. No idea why they dropped it.

    And anotehr +1 for the 28° and Citibank combo.
     
  16. marki

    marki Established Member

    Feb 11, 2010
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    One questions the reliability of the answer alway prefer something in black or white written down is much better than .... Oh but they told me so over the phone.....


    Sent from my iPhone using AustFreqFly
     
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