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Smart Money

Credit cards with no international fees

Last updated

Pauline Hatch      

International fees on credit cards are also called foreign transaction fees or currency conversion fees. They’re charged when you pay for something overseas, whether it’s online or in person, usually at 2-3% of the transaction. But they can be avoided!

If you withdraw money from an overseas ATM, you may also have to have to pay a withdrawal fee (to the ATM operator and to your credit card provider). Note: If you want to earn points on your travel spending, check out our monthly update of the Best Frequent Flyer cards, and our list of Frequent Flyer credit cards here.

A solution: ‘No foreign transaction fee’ credit cards

Bankwest Breeze Platinum Card

Get all the great perks of a platinum card and save money, especially when shopping online or overseas – there are no fees for foreign transactions! You’ll also enjoy 0% interest on purchases and balance transfers for the first year, with a 2% balance transfer fee that goes back to 12.99% after that.

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Other ‘no foreign transaction fee’ credit cards

Card Description
Bankwest Breeze Platinum Card

Enjoy platinum perks while saving money especially on online and overseas purchases with its no foreign transaction fees feature. Highlights include 0% p.a. on purchases and balance transfers for the first 12 months, with 2% balance transfer fee, reverts to 12.99% p.a..

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Latitude 28 Degrees

No annual fee plus save on travel with $0 international transaction or currency conversion fees on purchases. Get 3GB free global data roaming for 15 days and a discount on additional data when you pay with your card. Use your Flight Delay Pass to relax at LoungeKey airport lounges if your flight is delayed.
NAB StraightUp

Pay no interest or late payment fees – just a simple monthly fee, which is reversed if you don’t carry a balance for an entire statement period. The card comes with no international fees on overseas purchases.
Coles Rewards Mastercard

This card waived its international transaction fee on retail purchases except for cash advances in foreign currency or cash advances made overseas. Currently giving special offers and discounts; up to 50,000 Flybuys bonus points (worth $250 Flybuys Dollars) plus 0% p.a. on balance transfers for 12 months with no BT fee.
Westpac Lite Credit Card

As light and as friendly as it is, this card offers everything low and easy to your pockets with its low purchase rate of 9.90% p.a., up to 45 days interest-free, and $0 foreign transaction fees when you shop overseas or online.
ANZ Rewards Travel Adventures Card

Save on card costs with no international transaction fees on purchases overseas, including online from international websites. Plus, waived cash advance fee when used at overseas branches and ATMs. Currently offers 40,000 bonus Reward Points, minimum spend required.
Bankwest Zero Platinum card

Splurge on overseas purchases with no international fees, as you’re not paying any hidden charges at all when you use this card. Get also to enjoy other money-saving features such as no annual fee ever and 0% p.a. on balance transfers for 28 months.

Some credit cards waive the foreign transaction fee as one of their features. It’s often the case with high-tiered cards that come with a bunch of perks, rewards and higher annual fees.

But, if you spend overseas frequently, it might be worth comparing and deciding whether your spending makes the ongoing costs of the cards worth it.

There are also cards that offer reasonable annual fees, no currency conversion fees and other bonuses like 0% interest offers, and even repayment instalment plans that rival Buy Now Pay Later schemes.

So, it’s all about comparing to see which card works best for you and how much you spend.

Here’s an example of how much you could save on currency conversion fees in one month:

Amount spent: Conversion fee 2% Conversion Fee 3% Conversion fee 4%
$500 $10 $15 $20
$1,000 $20 $30 $40
$2,000 $40 $60 $80
$3,000 $60 $90 $120
$5,000 $100 $150 $200

As a one-off purchase, the smaller amounts might not seem that bad. But if you frequently shop online, those small amounts add up over the course of a year. An overseas family holiday can easily cost $200 extra just in conversion fees.

And that’s not including any ATM charges for withdrawing cash while you’re overseas.

BankWest also waive international fees on their Bankwest More Platinum credit card. We’ve picked the two above however, as they have more overall benefits, as well as the waived foreign transaction fees.

Credit Card International Fees by Brand

Brand International Transaction Charge Foreign ATM Withdrawal fee?
American Express 3% TBC
ANZ 3% $4
Bank of Melbourne 3% $2.50
Bank of Queensland 3.4% $4
Bank SA 3% $2.50
Bank Australia 2% $3.50
Bankwest 2.95% $4
Bendigo 2% $15
Citi 3.3% $5
Coles 2.5% $4
CBA 3% $4 or 1.75% (whichever is greater)
CUA 3.4% $5
Diners Club 3%
Heritage 2.5% $5
IMB 3.3% $5
Jetstar 3%
Latitude Financial 3% $4
Macquarie 3%
ME Bank 2.5%
NAB 3% $4
St George 3% $5
Suncorp 3.4% $5
Virgin 3.3% $5
Westpac 3% $2.50 except Global Alliance ATMs
Woolworths 3% $2.50

Alternative: Wise Travel Money Card

The Wise Travel Money Card is a prepaid travel card that allows you to load and spend money in multiple currencies when traveling abroad. It can hold up to 40 currencies and has no foreign transaction fees, offering competitive exchange rates compared to banks and other travel cards. The card can be managed through an app, allowing you to check your balance, view transactions, and transfer money between currencies. It is free to order and load money onto the card and can be used at ATMs and merchants worldwide that accept Mastercard.

Different types of cards for travellers

Credit cards marketed to frequent travellers will often have low or non-existent foreign currency charges. In particular, a number of Gold and Platinum cards offer this feature (for example the BankWest Platinum range).

These cards will still have administrative costs, however, and they will tend to have either higher annual fees (though the BankWest Zero Platinum card has none) or higher interest rates, so work out whether this is actually going to save money on a card-by-card basis.

A Platinum card can be an option if you would use features such as frequent flyer points, travel insurance, extended warranty or purchase protection (if buying within Australia), so just because the card charges an annual fee doesn’t mean it is automatically more expensive if you would use those extras.

You can also check if the card has competitive exchange rates as part of their frequent traveller features.

Need travel insurance? Maybe your card covers it. 

Plenty of cards offer complimentary travel insurance as one of their handy little perks. 

To compare cards and the insurances they include, you can see our free travel insurance comparison, which highlights all the key features for major credit cards and credit card providers.

Credit cards can be a super economical way of insuring yourself while you travel, and it’s often activated automatically as long as you buy your tickets or certain travel expenses on the credit card. 

There are a few tips to remember though:

  • Purchase the tickets with the card, or the insurance may not be activated.
  • Don’t expect to be covered automatically for pre-existing conditions. If you have asthma, diabetes or some other condition check whether you need separate or additional cover and pay any applicable surcharge to ensure you’re properly covered.
  • Always, always keep the credit card statement showing the purchase of your flights and/or accommodation to hand, as some credit cards require a copy of this before paying out on a claim.
  • If you insist on separate travel insurance, take the advice of trusted websites like and shop around for the best deal, making sure you’re covered for everything you want to be. Also make sure you understand any exclusions, such as adventure sports or Acts of God in any policy before you sign.

Read more about credit card travel insurance here.

If you choose prepaid, use it wisely

Foreign currency prepaid credit cards are pre-loaded with foreign currencies up to a certain value. These cards can allow you to lock in an exchange rate, and can offer reasonable exchange rates (see below for a word of caution about that).

Qantas Cash and Virgin’s Global Wallet are both examples of prepaid travel cards. With each option, you can pre-load foreign currencies on to the card, allowing you to lock in an exchange rate on each pre-loaded amount. You can then use the card to make overseas and domestic purchases. This can save you a huge amount in foreign conversion fees often charged by standard credit cards.

Qantas Cash and Global Wallet also allow you to earn rewards points on their respective loyalty programs, and can allow for faster check-in and boarding. To find out more about Qantas Cash and Global Wallet, what each one offers, and how they stack up against each other, read our post here.

If you’re choosing a prepaid travel card, be aware of the small print and any fees that might apply. Remember, you might have to pay ATM fees to withdraw money at ATMs both in Australia and overseas.

Fees to be aware of:

  • Application fee: There is no fee to apply for a Qantas Cash card or Global Wallet.
  • Top up/Reload fee: No top up fee on Qantas Cash or Global Wallet.
  • Monthly service fee: No monthly service fee on Qantas Cash or Global Wallet.
  • Inactivity fee: While Qantas Cash does not charge an inactivity fee, Global Wallet charges a $1 inactivity fee if the card remains inactive for 12 months or more.
  • Currency conversion fee: If you use Qantas Cash or Global Wallet to pay for something in a currency that is not loaded on your wallet, you will pay a 3% currency conversion fee.

Use prepaid as a backup, and watch the exchange rate

If you do go with a prepaid option, make sure you understand its fees and its terms and conditions, and we’d still recommend having at least one back-up card for the time you’re away. This can ensure you’ll always have access to cash should anything happen.

A recent analysis also found a massive $193 difference in cost between providers based on different exchange rates they used. That means whether you get the card at Australia Post, ANZ, NAB or elsewhere, the currency exchange rate will be different and will vary depending on where you’re going and which currencies you’re loading.

Deciding on the right overseas-friendly credit card

So, does it sound like you should be exploring your options when it comes to overseas cash access? You’d definitely be right, and you’ve found the perfect place to start here, by comparing the transaction fees that major card providers offer. 

Once you’ve had a look at the fees your bank charges, you can decide whether you should apply to another bank for a card with no international fees.

Far from just believing that your current bank will look after you while you’re overseas, if you explore your options you might discover that another provider offers a better solution for you while you’re overseas.

For standard credit cards, the foreign currency transaction fees are usually calculated as a percentage of the purchase amount (because that’s the amount exchanged in foreign currency on each transaction). The table above lists the current fees charged by major credit card providers for overseas transactions.

We’ve found that the only way to avoid annoying foreign transaction fee is:

  • To use cash in the local currency (but be aware of ATM withdrawal fees),
  • To use one of the selected cards above that doesn’t charge a transaction fee,
  • To use local debit or credit card (but this may only be an option if you have been living overseas for quite some time already).

Pauline Hatch

Pauline is a personal finance expert at, with 8 years in money, budgeting and property reporting under her belt. Pauline is passionate about seeing Aussies win by making their money – and their credit cards – work smarter, harder and bigger.

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Ask Pauline a Question

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26 comments (showing the latest 10 Q&As)



20 August 2023
can i use my defense visa card to pay for purchases overseas. can i use it to withdraw euros
    Pauline -


    23 August 2023
    Hi Betty, yes you can use your Defence Bank Foundation Visa credit card to make purchases within or outside Australia. Please note though that you will cop a 3% foreign transaction fee. And yes you can withdraw cash outside of Australia but please keep in mind that you'll pay a $4.10 cash advance fee for every transaction and start occurring the cash advance rate of interest when you make the transaction.
Terry Laws

Terry Laws

5 July 2023
I am looking for a card with zero international fees,including atm withdrawals,has travel insurance,no annual fees ?
    Pauline -


    6 July 2023
    Hi Terry, there are several cards with the different features you mentioned but no one card rarely has all the features offered. You can compare a range of cards that have one or some of the features, and choose which one will fit your needs best. You can start comparing a range of credit cards that may have some of those features like zero foreign fees, no annual fees, and travel insurance to compare and select the one that suits you. If you see a card in more than one of the tables then there’ll be a double up on features you need.


4 June 2023
Can you put your credit card in credit for travel overseas so you can get cash out from an ATM, therefore not paying a cash advance fee?
    Pauline -


    6 June 2023
    Dianne, if I had a dollar for every time I was asked this question! It's a great one! The answer is that it's not a safe assumption because your bank may charge you for having a positive balance on your card, especially if it's excessive. You may be better off using your credit card for purchases and a debit card for withdrawals, or using a low-cost travel money card like Wise. Have a great trip Dianne!


29 May 2023
Hi there, I am traveling overseas and looking for a credit card with no international transaction fee and no exchange fee. Earning rewards would be a bonus. What would be the best option? Thank you
    Pauline -


    30 May 2023
    Hi Sabina, when it comes to choosing the best card, it's important to consider not only your preferences for card features but also how you plan to use the card. While we can't provide a specific recommendation, there are various options available for you to explore. In addition to the no foreign fees cards listed on this page, you can also take a look at the selection of travel credit cards that offer rewards for your consideration. You can read our detailed reviews to find out the specifics of each card to see what fees and charges may apply. Safe travels!


13 March 2023
Hi Pauline, I’m travelling on holiday to the UK and Portugal, so need currency for both countries. I only have a normal ANZ account please advise what travel cards would be most suitable just to load the Pound and Euro onto
    Pauline -


    14 March 2023
    Hi Stacey, how exciting does your trip sound! You mentioned “loading up pounds and Euros” but credit cards technically can’t let you load up funds. A no international transaction fee credit card will mean you don’t get charged a fee for the currency conversion happening. The alternative product we’ve listed on this page allows you to load up your own money and spend in the local currency of where you are at the time. This helps avoid currency conversion fees at the point of sale and you’ll be spending your own money at the time. 🛫 Have a great holiday!


19 August 2022
I have a Bankwest Zero Platinum Card and just received my latest credit card statement. It states that from 30th September 2022 they will be starting to charge a foreign transaction fee. I am therefore on the look out for a new credit card. Just thought you may want to update your site.
    Pauline -


    22 August 2022
    Hi Karen, thanks so much for the information! We’ll look into this and update our pages accordingly. :)


27 July 2022
Can you confirm that Coles rewards mastercard don't have international transaction fees? I have this card and they are charging such fees.
    Pauline -


    1 August 2022
    Hi Peter, I checked Coles Rewards Mastercard’s terms and see that indeed there’s no international fees for purchases made using a foreign currency, whether overseas or in Australia at an overseas merchant. Please note though that if you use the card to withdraw cash in a foreign currency, you will cop 2.5% international fee of the transaction amount. I suggest reaching out to Coles directly 1300 306 397 about the fees on your statement for clarification.


14 June 2022
Hi, I need a credit card about $5000 limit with no international transfer fees but we have a low credit rating. Hope you can help!
    Pauline -


    16 June 2022
    Hi Luke, you’ve landed on the right page. Use our comparison tables above to narrow down your choices. You can click through to each card and read our review to decide whether the card is for you. If you’re not eligible for a credit card due to your credit rating, you can check out our sister site to see your options.


10 April 2022
Hi Pauline. We will be traveling overseas for 12 months. Which would be the best card to use with 0 foreign fees and 0 fees for atm withdrawals?
    Pauline -


    11 April 2022
    Hi Meredith, there are a lot of different credit cards that you can check however we only currently have access to NAB StraightUp card which has zero international/foreign currency fees. We hope you have a great trip!


3 September 2021
To help answer mclensi's question, there is a card with no international fees for business. It is the Commonwealth Bank Neo Business interest-free card. It has a weird fee structure but if you want a card that has no international fees which is becoming more and more important these days, then that one is the one. Am also looking into the one you suggested Roland to work out which one would be better for me.
    Roland B Bleyer - Founder


    3 September 2021
    Hi Tamara, thanks so much for your message. Such a great point you make and yes, the CommBank Neo could be a handy card to have in your pocket if you want to avoid those pesky foreign transaction fees.


6 March 2021
Good evening, I will be living overseas for the most part of the next four years but will be paid in Australia. Is there a credit card with Qantas points that you would recommend? I spend on average AUD 4-5k per month on the card.
    Roland B Bleyer - Founder


    8 March 2021
    Hi Eric, if you're going to be doing most of your spending overseas it's a great idea to look for a card with 0% foreign transaction fees. The CommBank Ultimate Awards Card features 0% foreign fees and earns Awards Points that can be transferred to Qantas directly for a yearly fee of $30 and at a rate of 2.5 to 1. You'll earn 3 Awards points / $1 spent overseas (up to $10,000) and will pay no monthly fee when you spend at least $2,500 per statement period. You can also look at the Bankwest Qantas World Credit Card that charges no foreign fees, earns 1 Qantas Point per $1 spent (on the first $5,000/month then 0.5 / $1 thereafter) and complimentary overseas travel insurance for a $270 annual fee. Macquarie Bank also offers Qantas-earning credit cards with no foreign transaction fees, but they are unavailable for application for the time being. One major thing to keep in mind is the residency requirement and ensuring that you meet it. If you are not a resident of Australia for legal purposes, you may not be eligible for an Australian credit card. If, however, you're still a legal resident for tax purposes and can provide all the necessary documents, you may proceed.


4 March 2021
Do you have a guide like this for business credit cards? can you recommend any business cards with low to no international purchase transaction costs?
Fazal Hameed

Fazal Hameed

13 February 2021
Hi If you spend $2000 on NAB StraightUp card pay whole back whole amount at the end of month how much will be my monthly fee
    Roland B Bleyer - Founder


    15 February 2021
    Hi Fazal, If you apply for a $2,000 credit limit and make a purchase, you'll be charged the monthly fee of $15. Even when you pay back the full amount at the end of the month, you're still charged the monthly fee.

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